Cut to the News

Monday, September 1, 2008

LEADING THE NEWS

Gustav Pounding Louisiana Coast . . . Making landfall before midday as a Category 3 hurricane. New Orleans mostly empty. Reuters
GOP Cancels First Day of Convention . . . Talk of turning event into telethon for victims. Bush, Cheney stay away. More changes coming. Wall Street Journal
Russia Claims a Sphere of Influence . . . Medvedev asserts region of "privileged interests," saying "it is the border region, but not only." New York Times

POLITICS

She was For it Before She Was Against It . . . Palin originally backed the "bridge to nowhere." Hired lobbyist to secure Washington funds for her town. USA Today
Biden Avoided Vietnam Service . . . Got five student deferments and then was disqualified because he had asthma as a teen. Illness not mentioned in autobiography. Associated Press
GOP United Behind McCain . . . Poll conducted even before choice of Palin, who is expected to energize conservatives. New York Times
Hurricane Blows McCain Off TV . . . Networks and cable outlets send resources to Gulf. Political talking heads silenced. New York Times
With Palin Choice, McCain Shifts to 'Reformer' Strategy Apparently decides experience argument not enough to beat Obama.
Los Angeles Times
Biden and Obama Dig Each Other . . . They have chemistry, unlike Kerry and Edwards, who cultivated mutual contempt.
Washington Post

NATIONAL SECURITY

Russia Seeking to Unseat Saakashvili . . . Foreign Minister warns west against backing Georgian president. Associated Press
Russia Moving to Rebuild Alliance With Cuba . . . Signaling it wants to restore not only economic ties, but also military and intelligence cooperation. Los Angeles Times
Pakistan Military Takes the Month of Ramadan Off . . . Suspends airstrikes and gunbattles in country's northwest for the durations of the holy month. Associated Press

BUSINESS NEWS

Lehman Looking for Capital Infusion . . . Hoping to cinch deal with Korea Development Bank that could bring it $6 billion. Daily Telegraph
Businesses Increasingly Going Bust . . . Foreclosure boom hitting commercial sector. Washington Post
Workers Worse Off . . . More than 10 percent of Americans are unemployed, discouraged from seeking work or underemployed.
New York Daily News

INTERNATIONAL

Britain Clashes With EU Over Response to Russia . . . Prime Minister Brown wants tougher response as European partners begin to shrink from confrontation. Daily Telegraph
Journalist Critical of Kremlin Killed . . . Owned website that offered news unpalatable to Ingushetia's Moscow-backed leader. BBC
Olmert Racing for Deal With Palestinians . . . Abbas hesitant to accept agreement on principles for Palestinian state. Haaretz

YOU MUST ALSO KNOW . . .

Americans Waiting Longer to Retire . . . Average retirement age is 63, but millions working longer as they find they don't have enough savings. USA Today
FEMA Eager to Show it Learned From Katrina . . . After three years of cramming, test time has finally come. New York Times
Web TV Not Getting Traction . . . Fails to compete so far with cable or the movies. New York Times

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