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Arizona Gov. Janet Napolitano has been chosen to serve as Secretary of the Department of Homeland Security for President-elect Obama. (Raw Story)

US Treasury yields are at an all-time low. At some point in the coming days, we're going to hear one person from one of the big news channels, then all of em, say the economy is worse than it's ever been. Place your bets as to when that will happen in the comments section.

Did you miss Colbert's take on the Clinton vetting process? We got it right here.

The Los Angeles Times reports that antiwar groups fear a hawkish Obama administration. And here's Alternet on subject the same. But here's the thing: Obama has been talking about Afghanistan and Pakistan in a war-like way since forever. Why all the surprise now?

StanMO over at Daily Kos has the 25 most important stories that the media isn't reporting via Project Censored.

Just to keep us on our toes and give us a reason to worry that maybe a little war with a nuke-having country might allow W to stay in office past his expiration date, we attacked Pakistan.

Matt Stoller writes about the Republican reaction to Rahm Emanuel, President-elect Obama's chief of staff. Commences with ye olde name calling.

Here's the Washington Times's front page response to blogger outrage over Obama's support for Senator Joe Lieberman.

A word to the profligate, if you're going to Capitol Hill to beg for money you don't necessarily have to fly coach, but don't take a corporate jet. (Washington Post)

The Guardian reports better than expected retail results on High Street.

Are you perplexed at all by the threat of deflation in this our dying economy? It's a very cool economic phenomenon, as in cool-down. As in ice age. As in yikes. (Christian Science Monitor)