Bush shakes up economic team. O’Neill and Lindsey are out. But critics of White House policy might not like what comes next. [Salon.com]

BetaNews: “AOL has disbanded the Magic Carpet product team and refocused limited resources on its core subscription and advertising businesses. This leaves the Internet giant with no viable alternative to Microsoft’s Passport authentication service in implementation, which currently boasts 200 million accounts.” [Scripting News]

New Economic Policy. There are nine things President Bush should do to combat the current beat of the doldrums. By William Safire. [New York Times: Politics]

The Liberal Quandary Over Iraq. Why is the Vietnam generation not marching against Iraq? The answer has something to do with Bosnia. By George Packer. [New York Times: Politics]

Trustworthy Computing does Moon Walk (but not yet). One small step for man, one giant leap for Windows XP [The Register]
The thing about “Trustworthy Computing” is that it’s not about just Microsoft fining buffer overflows, it’s about making computing itself more secure. I suspect that it’ll be less about inventing new protocols, as getting world wide deployment on some of the stuff we already have.

What to read in December. From a delicious satire of literary ambition to a futuristic mystery by a Nobel laureate, we pick the month’s best new books. [Salon.com]

Saving Your Bits for Posterity. Microsoft engineer and tech veteran Gordon Bell believes you should sweat the small stuff. His goal is to make it possible to record the minutiae of our lives on a series of computer disks. By Julia Scheeres. [Wired News]

wind-walking machines [jwz]

Kid-Safe Domain Created. Jadecristal writes “The Washington Post announces that President Bush has signed legislation to create a .kids.us domain. The legislation mandates that those … [Slashdot]

US economy chiefs resign. Treasury Secretary Paul O’Neill and White House aide Larry Lindsey quit, in a major shake-up of the Bush economic team. [BBC News | World | UK Edition]