The Party's Over

MSNBC's Matthews gives insight on the next step for President-elect Obama: transition. According to his sources, the new Obama administration will be formed using "three watchwords":

-- Bipartisan

-- Diversity. Matthews: "A truly diverse government is going to be formed."

-- Youth. Matthews: "No retreads -- they're not going to bring back people from old administrations."

Obama senior adviser Anita Dunn, on the economic challenges facing the Obama admin.: "President-Elect Obama is under no illusions. ... What you can look for over this transition period will be very, very strong messages ... that it's time to put those political battles behind us" (FNC).

NBC's Brokaw, to NBC's Williams: "You talked about having to housebreak the puppy, they'll also have to housebreak that new Democratic majority in the Congress."

More Brokaw: "I don't think we've fully caught up to the magnitude of what happened here tonight." It's going to be "a cultural change in America, a political change in America, and I'm not sure we fully understand how sweeping it's going to be." Brokaw spoke of a "re-enlistment of citizenship" reminiscent of the Kennedy era, of people wanting to go to Washington and work for their government again.

Dem strategist Paul Begala, on whether Rep. Rahm Emanuel (D-IL) will be Obama's CoS: "I do not know. The last time I checked, no offers had been made" (CNN).

Asked if he'll go to DC with Obama, Obama mgr. David Plouffe ultimately said, "I've done my part" (NBC).