Among Up in the Air's nominations were those for best drama, best actor for Clooney and best director, Jason Reitman.
Streep will essentially compete against herself, as best comedy actress in both Julie and Julia and It's Complicated, while Bullock picked up nominations for leading dramatic role in The Blind Side and as comedic actress in The Proposal.
In the dramatic movie category, Up in the Air will be up against Avatar, The Hurt Locker, Inglourious Basterds and Precious: Based on the Novel Push by Sapphire.
Comedy and musical best-picture nominees are (500) Days of Summer, Nine, The Hangover, It's Complicated and Julie & Julia.
As best dramatic actor nominee, Clooney will be going up against Tobey Maguire, Brothers; Morgan Freeman, Invictus; Colin Firth, A Single Man; and Jeff Bridges, Crazy Heart, while Streep's competition in the comedy arena will be Bullock; Marion Cotillard, Nine; and Julia Roberts, Duplicity.
In best actress for a motion-picture drama, Bullock is up against Emily Blunt, The Young Victoria; Helen Mirren, The Last Station; Carey Mulligan, An Education; and Gabourey Sidibe, Precious.
Best-comedy actors contenders are Matt Damon, The Informant; Daniel Day-Lewis, Nine; Robert Downey Jr., Sherlock Holmes; Joseph Gordon-Levitt, (500) Days of Summer; and Michael Stuhlbard, A Serious Man.
TV NomineesOn the small screen, the best dramas are True Blood, Big Love, Dexter, House, and critics' favorite Mad Men.
30 Rock, Entourage, Glee, Modern Family and The Office are in the running for best TV comedy.
The Hollywood Foreign Press Association's 67th Annual Golden Globe Awards will be broadcast live from the Beverly Hilton Hotel on Jan. 17, with British funnyman Ricky Gervais as host. For the full list of nominations, go to the Golden Globes Web site.
Justin's WisecrackThe nominees were announced by John Krasinski, Diane Kruger and Justin Timberlake.
When Timberlake read out the name of Emily Blunt for her role in The Young Victoria, he cast a glance at Krasinki, Blunt's fiancé.
"Ho, ho, ho! Somebody's going to have a good night tonight," Timberlake said to laughter in the audience.