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2:07 PM ET, January 3, 2011


 Top Items: 
Jake Sherman / The Politico:
Darrell Issa reveals list of investigations  —  Rep. Darrell Issa is aiming to launch investigations on everything from WikiLeaks to Fannie Mae to corruption in Afghanistan in the first few months of what promises to be a high profile chairmanship of the top oversight committee in Congress.
Michael O'Brien / The Hill:
DeMint wants ‘big showdown’ with Dems over debt ceiling  —  Republicans should prepare for a “showdown” with President Obama and congressional Democrats over raising the debt ceiling, Sen. Jim DeMint (R-S.C.) said Monday.  —  DeMint, a de-facto leader of Senate conservatives and many Tea Party senators …
Michelle Malkin:
Snort: Now the Dems are worried about wasteful “witch hunts”  —  After decades of indulgent public floggings and ideological fishing expeditions led by chief congressional inquisitor Henry Waxman (see here here here here for starters), Democrats are suddenly worried about abuse of investigative powers.
Jonathan Cohn / The New Republic:
Lindsey Graham Joins the Loonies  —  The U.S. appears to be the only country in the developed world that forbids its government from accumulating debt without authorizing legislation.  And that's led to some scary moments, including one that the economist Henry Aaron shared with me recently.
Philip Rucker / Washington Post:
Issa says Obama administration is ‘one of most corrupt’  —  The Republican congressman who is taking over responsibility for congressional oversight called President Obama's administration “one of the most corrupt administrations” on Sunday and predicted that the investigations he is planning …
Michael O'Brien / The Hill:
Cummings wants agreement between Issa and White House
Discussion: The Politico
Mike Allen / The Politico:
2 days until the 112th Congress: Sheriff Issa's top six targets …
Carrie Johnson / NPR:
Justice Department Braces For GOP Rule In House
Discussion: Prairie Weather
The Politico:
Majority of RNC against Michael Steele  —  Republican National Committee Chairman Michael Steele faces an all-but-impossible path to reelection this month, as a majority of the RNC's 168 members indicate that they will not support the controversial chairman for another term.
Jennifer Epstein / The Politico:
Michael Steele: ‘I revived the RNC’
Philip Rucker / Washington Post:
Austerity is first order for Boehner's installation as House speaker  —  Nancy Pelosi brought camera crews and dignitaries into her childhood Baltimore neighborhood where a street was being renamed in her honor, while John Boehner is bringing his 11 siblings from working-class Ohio to Washington for a private reunion.
New York Times:
G.O.P. Newcomers Set Out to Undo Obama Victories  —  WASHINGTON — Soon after the 112th Congress convenes Wednesday, Republicans in the House plan to make good on a campaign promise that helped vault many new members to victory: voting to repeal President Obama's health care overhaul.
Michael Barbaro / New York Times:
He Entered Congress Swinging, and Exits That Way  —  ORLANDO, Fla. — He has zero faith in the incoming speaker of the House, John A. Boehner, whom he calls a “tool of special interest.”  —  He derides the Tea Party's successes as “bought and paid for by the enormously rich and the selfish.”
Shane D'Aprile / Ballot Box:
Grayson says Obama losing credibility; hints at another run in 2012
Paul Krugman / New York Times:
Deep Hole Economics  —  If there's one piece of economic wisdom I hope people will grasp this year, it's this: Even though we may finally have stopped digging, we're still near the bottom of a very deep hole.  —  Why do I need to point this out?  Because I've noticed many people overreacting to recent good economic news.
Vanity Fair:
The Febraury 2011 60 Minutes/Vanity Fair Poll  —  Americans are numerically at a loss after a trillion.  To balance the budget, most of them would choose to tax the rich.  And as far as memories go, they'd prefer to keep them.  (All of them.)  —  Numbers games this month: What comes after a trillion?
Michael O'Brien / The Hill:
Poll: Tax hikes on rich first step to balance budget
Christian Science Monitor:
European nations begin seizing private pensions  —  Hungary, Poland, and three other nations take over citizens' pension money to make up government budget shortfalls.  —  People's retirement savings are a convenient source of revenue for governments that don't want to reduce spending or make privatizations.
Ross Douthat / New York Times:
The Unborn Paradox  —  The American entertainment industry has never been comfortable with the act of abortion.  Film or television characters might consider the procedure, but even on the most libertine programs (a “Mad Men,” a “Sex and the City"), they're more likely to have a change of heart than actually go through with it.
David Cole / New York Times:
Chewing Gum for Terrorists  —  DID former Attorney General Michael Mukasey, former New York Mayor Rudolph Giuliani, Tom Ridge, a former homeland security secretary, and Frances Townsend, a former national security adviser, all commit a federal crime last month in Paris when they spoke in support …
Emptywheel:   More New York Republicans Providing Material Support to Terrorists
Mossad behind Egypt church blast  —  The explosion at a church in the Egyptian city of Alexandria, which left 21 people killed and another 80 Muslims and Christians wounded, raises one question: Who was behind the blast?  —  Although, at first glance, the finger is pointed at extremist Wahabi …
Javier Manjarres / The Shark Tank:
Is Charlie Crist a potential VP Pick...for Obama?  —  In spite of assertions made to the contrary by Vice President Joe Biden, speculation continues to swirl around the possibility that President Obama will replace Biden on the 2012 Presidential ticket for someone with less of a propensity …
NY Daily News:
Garbage pile saves Vangelis (Angelo) Kapatos, 26, who tried to commit suicide in midtown  —  A suicidal man plummeted nine stories and survived in midtown Sunday when he landed on a mountain of trash that had piled up since last week's blizzard, officials said.
Discussion: New York Times, Gothamist and AOL News
Jed Babbin / American Spectator:
Let's Ban Ivy League ROTC  —  Like the poor, those who hate the military will always be with us.  In days of the Vietnam War, a lot of them chose to protest rather than learn, forcing the closure of classes so that they could use their colleges as stages to protest the war and the draft that threatened their comfortable existence.
Discussion: Cold Fury
Maureen Hayden / Tribune-Star:
Gov's future a hot topic of conversation  —  INDIANAPOLIS — Over the course of a few short days last week, Indiana Gov. Mitch Daniels was described by national political writers as wonkish, boring and short.  —  He was also called an “economic conservative who can appeal to the middle ground” …
Discussion: CNN
Female Navy Flier: Videos Taken Out of Context  —  Raunchy Videos Made Aboard the USS Enterprise Could Cost Commander His Job  —  A series of raunchy videos created and distributed aboard an aircraft carrier have been taken out of context, a former female Navy pilot said today.
Discussion: AOL News, TPMMuckraker and
New York Times:
Reform and the Filibuster  —  The new Senate will face one of its most momentous decisions in its opening hours on Wednesday: a vote on whether to change its rules to prohibit the widespread abuse of the filibuster.  Americans are fed up with Washington gridlock.  The Senate should seize the opportunity.
RIA Novosti:
Medvedev signs decree to cut number of federal officials  —  Russian President Dmitry Medvedev signed on Monday a decree reducing the number of federal officials by 20% until 2013, the Kremlin press service said.  —  According to the decree, the number of federal officials is to be reduced …
Evan Halper / PolitiCal:
Schwarzenegger commutes prison sentence of Fabian Nuñez's son [Updated]  —  In his final night before leaving office, Gov. Arnold Schwarzenegger commuted the prison sentence of the son of former Assembly Speaker Fabian Nuñez who had pleaded guilty to taking part in the slaying of a college student.
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 More Items: 
Andy Kessler / Wall Street Journal:
How Videogames Are Changing the Economy
Discussion: Classical Values
Barbara Lewis / Reuters:
Oil climbs above $92, anticipates economic growth
Discussion: AMERICAblog News
Zbigniew Brzezinski / New York Times:
How to Stay Friends With China
Discussion: Right Turn and The Huffington Post
Gary Anderson / Washington Times:
Should we help Israel strike Iran?
Discussion: The Daily Dish and Israel Matzav
Arne Duncan / Washington Post:
School reform's next test
Ed Morrissey / Hot Air:
Russian Duma to link missile defense to START limitations
Peter J. Wallison / Wall Street Journal:
Moving Beyond Fannie and Freddie
Discussion: EconLog
Myglesias / Yglesias:
Inclusionary Zoning  —  On the requests thread, Erik M wrote:
Discussion: Eschaton
 Earlier Items: 
Washington Examiner:
America needs a new national debate on the Constitution
Nelson D. Schwartz / New York Times:
Facing Threat From WikiLeaks, Bank Plays Defense
Discussion: Raw Story and The Nation
V. Dion Haynes / Washington Post:
A fresh take on local business