This would be instead of raising taxes on the top tax bracket and giving the middle class a new tax cut. Instead, he’d reup the tax cuts the middle class has and not touch the top ones. From Politico: Obama adviser Bill Daley says Obama will “more likely than not” postpone a tax increase for [...]

Our professional and collegiate sports are filled with too many ugly stories … drug abuse,  boorish behavior, a total disregard for society around them; look no further than the ongoing saga of Stephon Marbury and the New York Knicks as exhibit A. But once in a while there’s an uplifting story, such as the case [...]

Earlier today, Doug highlighted an article from the NY Times about Obama stocking his cabinet with non-partisan picks, and Kevin Bliss of What Should Be did the same. Here’s what Doug had to say about it… For all the rhetoric from John McCain, Sarah Palin, and the right-wing scream machine that Barack Obama was a [...]

One very smart thing Obama’s team is doing is documenting what is going on behind the scenes so if the American public wants to find out more, they can. First, take a look at this piece about the environment and energy team… Note how they’re talking about how their policies will help create jobs, but [...]

And it’s all infrastructure, infrastructure, infrastructure. What we’re seeing is indeed the New New Deal and if it worked once, it’ll work again. The weekly “radio” address… Obviously I’m in favor of this, especially with the layoffs that will come from the Big 3 restructuring their business models, be it via a prepackaged Chapter 11 [...]

I’m stealing this from Doug because it’s so good… Doug, I owe you a beer when we actually meet outside of the blogosphere. This made me laugh out loud.

Vladimir Putin continues to consolidate power… From TNR: If any proof were needed that the Russian political system operates in its own time-space continuum, it came this morning, when the parliament decided to deal with the country’s economic meltdown by amending its constitution. The Duma fixed the 1993 text by decoupling presidential and parliamentary elections [...]

It’s Hardball time, and the panel discusses the lineup of superstars that will be joining Obama in his administration… I don’t know about you, but this lineup seems like a great team. So many talented people, with Obama at the center making the final decision. Consider me genuinely hopeful.

For all the rhetoric from John McCain, Sarah Palin, and the right-wing scream machine that Barack Obama was a socialist who would drag America further to the left, his first few weeks as President-Elect reveal something entirely different: WASHINGTON — President-elect Barack Obama won the Democratic nomination with the enthusiastic support of the left wing [...]

A new PAC is launching some ads thanking Sarah Palin for running for VP this year, and there’s little doubt that these folks want her to run in 2012. Part of me wants to think that this stuff is nice, but the marketer/social media strategist in me screams, “Why did they have to form a [...]

Christopher Beam of Slate talks about the recent seismic shift in the House Energy and Commerce Committee. Out: Rep. John Dingell of Michigan, the tough, cantankerous eminence grise of the House Democratic caucus (he’s 82), who was so deferential to Detroit as chairman of the House energy and commerce committee that Lee Iacocca once said [...]

“Let me tell you something, if Democrats take the White House and pass a big-government healthcare plan, that’s it. Game over. Government will dominate the economy like it does in Europe. Conservatives will spend the rest of their lives trying to turn things around and they will fail.” – GOP strategist talking about Tom Daschle’s [...]

Was it the news that the current president of the New York Federal Reserve Bank would be Obama’s new money man that saw the market close up by almost 7% or was it just a fluke? WSJ has the details… The Federal Bureau of Investigation began calling Geithner confidants this week, starting a vetting process [...]

Word has leaked that Barack Obama has selected New York Federal Reserve President Timothy Geithner for Treasury Secretary. Wall Street liked the news. The Dow rose nearly 500 points after news broke of Geithner’s forthcoming appointment. Geithner seems in line with many of Obama’s other selections: experienced, intelligent and respected by colleagues. Geithner served in [...]

Hi, this is Danielle Ivory from ANP. My colleague, Lagan Sebert, and I have recently been covering the economic crisis and found ourselves thoroughly intrigued by the bank mergers happening all over the country. We looked into it, connected the dots, and this is what we discovered.. With newfound bailout money in their wallets, big [...]

It’s supposedly a done deal, so now the press can stop chattering about the Clintons being duplicitous and just accept the fact that Obama is genuinely forming a team of rivals. From NY Times: Mrs. Clinton came to her decision after additional discussion with President-elect Barack Obama about the nature of her role and his [...]

Dan Gilgoff at Politico writes that very little has changed in the evangelical political world: Evangelicals are still much more concerned with so-called wedge issues than any other demographic group. A Barna Group poll found that 40 percent of evangelicals chose their presidential candidate based on his position on “moral issues,” compared with 9 percent [...]

That’s the word today, and if we could actually do a Chapter 11 that wouldn’t halt production and cause a domino effect down the line, well, this could be an option that I might be able to get on board with. First, the deal… In a prepackaged bankruptcy, an automaker would go into court with [...]

I thought something was odd about this, and many thanks to Jimmy for sharing this video. I wonder how quickly this will get around the blogosphere.

If you had any doubts that the internet has created a new public financing system, this story should put those to rest. From Wash Post: In an exclusive interview with The Post, members of the vaunted Triple O, Obama’s online operation, broke down the numbers: 3 million donors made a total of 6.5 million donations [...]