“The Wall Street Journal” on The Daily Caller

More than nine out of 10 Americans celebrate Christmas – even atheists, agnostics or believers in other faiths, according to surveys by LifeWay Research and USA TODAY/Gallup. They might be roasting chestnuts over an open fire, decking the halls with boughs of holly or trying to get the Chipmunks Christmas song out of their heads, but they are celebrating. The problem is, what are they celebrating? (more)

1.) It’s official: Everybody hates Genachowski’s plan to regulate the Internet — And yes, we do mean everybody: The lefty nutters at Free Press, former comic Al Franken, Republican FCC Commissioner Robert M. McDowell, and now, a group of Senate Republicans. The beef from the left–Franken, Free Press, and the supposed two million Americans who accidentally signed petitions thinking they were entering a contest for free Krispy Kreme–is that FCC Chairman Julius Genachowski’s proposed framework does not do enough to control the Internet. For instance, liberals are unhappy that cable companies would still have incentives under Genachowski’s policy to invest in creating faster, stronger, and better services, access to which could be priced at a higher rate than existing Internet services. Meanwhile, Republicans and McDowell are concerned about what the regulations would do–namely, establish “an unjustified and unnecessary expansion of government control over private enterprise.” In the middle of it all is Genachowski, a bureaucrat with the heart of a Marxist and the vertebral integrity of a plane-crash survivor. The FCC votes on Dec. 21. Don’t miss it. (more)

Republican presidential hopeful Mitt Romney on Tuesday came out against the tax deal reached between President Obama and congressional Republicans, saying the temporary nature of the tax rate extension would limit the positive economic impact and correspondingly make the deficit worse. (more)

For all the talk of the tax cut deal’s impact on the deficit, if Republicans can get spending cuts to pay for the $60 billion or so that it would cost to extend unemployment insurance for a year then the agreement will be acceptable to a majority of even the most conservative among them. (more)

In 2009, Google announced its first large-scale layoffs and the closure of several offices.  These painful reductions enabled Google to expand revenue and profits during a challenging economic environment over the last two years.  Google’s fiscal discipline helped its stock price more than double from its November 2008 low of $260/share to a high of $630/share in November 2010. (more)

NEW YORK (AP) — Federal authorities are examining whether multiple insider-trading rings reaped illegal profits totaling tens of millions of dollars, The Wall Street Journal reported on Saturday, citing people familiar with the matter. (more)

Gregory B. Maffei won the executive-pay sweepstakes during a year when his investors also fared well. (more)

As an economist, I often ponder the following question: Why do so many people fear big business but love big government? (more)

In bland bureaucratise, three top advisers to President Obama briefed him on thorny problems with a major green jobs program in the economic stimulus law, confessing that billions of dollars in money supposed to already be creating jobs was stuck. (more)

President Obama on Monday defended the U.S. Federal Reserve’s recent move to buy $600 billion more in U.S. Treasuries, which has been criticized by top officials in foreign governments as a move to devalue the U.S. dollar. (more)

It doesn’t matter if an upcoming summit features Slurpees or Singapore Slings, voters don’t think President Obama can work with the new Republican-led House, according to a new poll. (more)

Republicans are positioned for large gains Tuesday, likely retaking the House and picking up seats in the Senate, amid strong voter frustration with President Barack Obama and the Democratic-run Congress, according to a new Wall Street Journal/NBC News poll. (more)

Followers of comedic political satirists Jon Stewart and Stephen Colbert will gather Saturday to rally for either “sanity” or “fear” on the National Mall. (more)

Somewhere in the New York City area there is a family-practice doctor who, government records suggest, pocketed more than $2 million in 2008 from Medicare, the federal insurance program for the elderly. (more)

Texas builder Bob Perry, who in 2004 funded the “Swift Boat Veterans for Truth” campaign targeting Democratic presidential nominee John Kerry, donated $7 million to conservative group American Crossroads between September 1 and October 13, according to the Wall Street Journal. (more)

It was clear what the two candidates in the Pennsylvania Senate debate Wednesday night wanted to emphasize about the other. But Democrat Joe Sestak was able to do it with much more flair and creativity than his opponent, Republican Pat Toomey. (more)

Is Congress unfriending Mark Zuckerberg? (more)

Marc Ambinder, the politics editor of The Atlantic, seems worried that Bob Woodward is poaching on his turf.  In an unusual parody piece, he takes Woodward to the woodshed for suggesting that President Obama might ask Secretary of State Hillary Clinton and Vice President Joe Biden to trade places for the 2012 election run. (more)

If you are the press secretary to the President of the United States, the main thing to avoid is becoming the story yourself. You are a “spokesman.” A mouthpiece. And as such, it’s best to keep your size elevens out of your mouth. (more)

Breast cancer patients from across the nation are up in arms over a proposed FDA decision that would literally rip the drug Avastin from their doctor’s hands.  The life-extending drug has been credited, in part, with helping patients live longer.  But the pleas from patients are not enough for the ideologues at Newsweek who are pressing for price rationing of drugs. (more)