Oil Price Falls Below $50 as Consumption Remains Weak - What a change. Oil prices dropped below $50 a barrel on Thursday for the first time in 22 months, shedding close to $100 in four months as an ailing global economy pares its consumption.
Obama’s Pick of Daschle May Test Conflict-of-Interest Pledge - Tough to be pure. At issue is Mr. Daschle’s work since leaving the Senate four years ago as a board member of the Mayo Clinic and a highly paid adviser to health care clients at the law and lobbying firm Alston & Bird
Clinton Decision Holding Up Other Obama Choices - There is much skepticism on talk shows and other media outlets about appointing Sentor Clinton as Secretary of State. Just under a week after news broke that President-elect Barack Obama met with Senator Hillary Rodham Clinton to discuss naming her the Secretary of State, Mr. Obama’s aides announced that the job of White House counsel was going to Gregory B. Craig, Mr. Obama’s longtime foreign policy adviser. Craig was one of Bill Clinton's lawyers during the Impeachemnt proceedings against the President.
The official word out of the Obama camp was that Mr. Craig was always viewed as a natural for White House counsel, a job that would take advantage of his years as a Washington powerhouse lawyer. But several Obama advisers acknowledged privately that Mr. Craig couldn’t take a foreign policy job if Mrs. Clinton ended up at State — too much animosity and bad history there.
Animosity? How things change. Nine years ago Craig helped Bubba stave off conviction, and there's animosity? Well, here is why.
Susan Rice, one of the earliest foreign policy advisers to sign on with Mr. Obama, also gets a new lease on life if Mrs. Clinton is out of the running for Secretary of State. Like Mr. Craig, Ms. Rice worked for the Clinton administration, handling Africa policy during the 1990s. But the two of them formed a tag team to debunk Mrs. Clinton’s claim to foreign policy experience during the campaign.