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10:40 AM ET, December 19, 2008

memeorandum

 Top Items: 
Jonathan Karl / ABCNEWS:
To the Rescue: Bush to Give Low-Interest Loans to Carmakers  —  Obama Team Agrees to Bush's Strategy  —  The White House has decided to come to the rescue of General Motors and Chrysler by providing them with $17.4 billion in low-interest loans to keep them afloat, ABC News has learned.
RELATED:
John D. McKinnon / Wall Street Journal:
Auto Makers to Get $17.4 Billion  —  The White House announced a $17.4 billion rescue package for the troubled Detroit auto makers that allows them to avoid bankruptcy and leaves many of the big decisions for the incoming Obama administration.  —  Speaking from the White House …
The Politico:
Bush announces $17.4 billion auto bailout  —  President Bush stepped in Friday to keep America's auto industry afloat, announcing a $17.4 billion bailout for GM and Chrysler, with the terms of the loans requiring that the firms radically restructure and show they can become profitable soon.
CNN:
Feds to lend $13.4 billion to automakers  —  WASHINGTON (CNN) — The federal government will provide $13.4 billion in loans to automakers General Motors and Chrysler, the White House said Friday.  —  “Allowing the U.S. auto industry to collapse is not a responsible course of action,” President Bush said Friday morning.
Discussion: Political Machine and RedState
Andrea Tantaros / Fox News:
White House to Loan Auto Industry $17.4B  —  The White House will provide low-interest loans to General Motors and Chrysler, FOX News has confirmed.  —  FOXNews.com  —  The federal government will enable Detroit's ailing automakers to survive a little longer by providing $17.4 billion …
Roger Runningen / Bloomberg:
GM and Chrysler Will Get $13.4 Billion in U.S. Loans
Washington Post:
Bush to Provide Emergency Loans to Big 3
Discussion: The Moderate Voice
Jeff Poor / The Business & Media Institute:
CNN Meteorologist: Manmade Global Warming Theory ‘Arrogant’  —  Network's second meteorologist to challenge notion man can alter climate.  —  Business & Media Institute  —  Unprecedented snow in Las Vegas has some scratching their heads - how can there be global warming with this unusual cold and snowy weather?
Discussion: Don Surber and Babalu Blog
RELATED:
Tim Weiner / New York Times:
W. Mark Felt, Watergate Deep Throat, Dies at 95  —  W. Mark Felt, who was the No. 2 official at the F.B.I. when he helped bring down President Richard M. Nixon by resisting the Watergate cover-up and becoming Deep Throat, the most famous anonymous source in American history, died Thursday.
RELATED:
Patricia Sullivan / Washington Post:
‘Deep Throat’ Mark Felt Dies at 95
Johanna Neuman / Los Angeles Times:
W. Mark Felt, ‘Deep Throat’ in Watergate reports, dies
Discussion: Hot Air
Joe Solmonese / Washington Post:
Obama's Inaugural Mistake  —  It is difficult to comprehend how our president-elect, who has been so spot on in nearly every political move and gesture, could fail to grasp the symbolism of inviting an anti-gay theologian to deliver his inaugural invocation.  And the Obama campaign's response to the anger about this decision?
RELATED:
Jon Ponder / Pensito Review:
Rick Warren Compares Gay Marriage to Incest, Pedophila
Paul Krugman / New York Times:
The Madoff Economy  —  The revelation that Bernard Madoff — brilliant investor (or so almost everyone thought), philanthropist, pillar of the community — was a phony has shocked the world, and understandably so.  The scale of his alleged $50 billion Ponzi scheme is hard to comprehend.
The Politico:
Labor ties drive Solis pick  —  Rep. Hilda L. Solis (D-Calif.) will take over the Labor Department in an imploding job market, while Big Labor is licking its chops for payback in Washington.  —  So why is she giving up a potential leadership track in the House for one of the more daunting cabinet jobs?
Discussion: TPM Election Central
RELATED:
Josh Kraushaar / The Politico:
Coleman leads Franken by just 2 votes  —  Two votes is all that stands between Minnesota Republican Sen. Norm Coleman and Democrat Al Franken, according to the Associated Press tally in the state's still-unresolved Senate race.  —  Coleman's shrinking lead, combined with a state Supreme Court decision handed …
RELATED:
Eric Kleefeld / TPM Election Central:
Franken The Likely Winner As Minnesota Recount Heads To Finish Line
Richard A. Epstein / Wall Street Journal:
The Employee Free Choice Act Is Unconstitutional  —  Free speech and the takings clause are at stake.  —  A top priority of the incoming Democratic Congress and Obama administration is the misnamed Employee Free Choice Act.  The EFCA, as is well known, introduces a card-check procedure …
Chris Vogel / Houston Press:
Police Get The Wrong House In Galveston, Allegedly Assault 12-Year-Old Girl  —  It was a little before 8 at night when the breaker went out at Emily Milburn's home in Galveston.  She was busy preparing her children for school the next day, so she asked her 12-year-old daughter, Dymond, to pop outside and turn the switch back on.
Discussion: The Agitator and Boing Boing
Wall Street Journal:
Democrats Are the New Ethics Story  —  Blagojevich is just the tip of the iceberg.  —  A note to all those visitors who will soon flood Washington for the inauguration: Be careful of the “swamp.”  —  That would be the swamp Speaker Nancy Pelosi vowed to drain when she led her party to victory in 2006.
Discussion: Commentary and Moe_Lane's blog
NY Daily News:
Caroline Kennedy's voting record proves spotty  —  Caroline Kennedy wants to be the next senator from New York, but her voting record is already spotty, the Daily News has found.  —  City Board of Elections records show Kennedy has failed to vote in many elections since she registered in the city in 1988 …
 
 
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 More Items: 
New York Times:
Survival Guide for Veterans
Washington Post:
Bill Clinton's Donor List, Including Foreign Governments …
Discussion: The Caucus and Prairie Weather
Chris Cillizza / The Fix:
The Friday Senate Line: Appointments A-Plenty
Lori Montgomery / Washington Post:
Obama Team Assembling $850 Billion Stimulus
Discussion: New York Times and Reason
Aaron Naparstek / Streetsblog:
Same.gov: A Transportation Secretary Who's Hard to Believe In
 Earlier Items: 
Jim Yardley / New York Times:
After 30 Years, Economic Perils on China's Path
Discussion: James Fallows
Alex Rodriguez / Chicago Tribune:
Russia rewriting Josef Stalin's legacy
Discussion: RedState