Cut to the News

Thursday, September 25, 2008

LEADING THE NEWS

Bush: 'Our Entire Economy is in Danger' . . . President issues dire warning in plea for $600 billion bailout package.
Washington Post
McCain Suspends Campaign . . . Says he wants work on rescue plan. Seeks postponement of debate. Obama refuses, as do debate organizers. Boston Globe
Bailout Plan Gaining in Congress . . . Bush speech has an effect. Democratic leaders hope to nail down details of the measure today. Wall Street Journal

POLITICS

Obama, McCain, Headed to White House . . . Will meet with Bush and congressional leaders on rescue package, the economy. Chicago Tribune
Congress Wants to Know Who Will Steer Bailout . . . Succession at Treasury becomes and issue. Washington Post
House Funds Government Through March . . . Measure provides $630 billion for Defense needs while continuing other spending at current rates. Washington Times
Obama Campaign Mines Britain for Votes . . . Operatives sent to UK in unprecedented effort to collect support from ex-Pats. Independent
Poll Shows Even Race . . . Wall Street Journal/NBC poll puts Obama ahead 48-46. Nearly half say Palin not qualified.
Wall Street Journal
Video: Palin Talks to Couric . . . Gets a little off message with prediction U.S. could enter depression. Can't come up with examples of McCain regulating. CBS News

NATIONAL SECURITY

Bush Aides Linked to Interrogation Talks . . . Senior White House officials were central in examining use of harsh interrogation methods, documents show. New York Times
North Korea on Verge of Starting Reactor . . . Country bars inspectors. New York Times
Anthrax Suspect Claimed He Knew Who Did It . . . Bruce Ivins wrote email to himself saying he was on to the killer, but didn't reveal who. Los Angeles Times
Iraq Approves Provincial Elections . . . Key "benchmark" of progress met. USA Today

BUSINESS

Overseas Money Staying Put . . . Foreign investment has saved U.S. in past, but now investors are balking. Fed has to fill cash vacuum. Washington Post
Bernanke Also Stresses Urgency . . . Tells Congress of "grave threat" to the economy. Washington Post
Washington Mutual May Be On the Block . . . Feds try to broker a deal for struggling savings and loan. New York Times
General Electric's Outlook Worsens . . . Halts stock buyback plans. Company's fortunes viewed as indicator for the economy. Reuters

WORLD NEWS

In Bangladesh, Tigers and Humans Forced to Mix Global warming, resource culling destroy habitat. Many people are killed. Dramatic video of tiger hunt. Guardian
Russia's Neighbors Seek UN Protection . . . Urge stand against Kremlin. Rice meets with Russian counterpart. New York Times
China Milk Scare Spreads to Europe . . . Popular Chinese sweet being removed from shelves. Times (UK)
Finnish Gunman Planned Massacre for Six Years . . . Killer of 10 a loner who left hate-filled messages - including videos of himself firing a gun - on the Internet. Der Spiegel

YOU MUST ALSO KNOW . . .

Residents Return To Find Galveston Decimated . . . Hurricane Ike flattened homes and buildings, making the island unrecognizable. Houston Chronicle
Health Insurance Premiums Rise More Slowly . . . But coverage getting skimpier. Washington Post
Tortillas Push Bread Off Americans' Tables . . . Sales of tortilla chips overtake sandwich bread. Congress declares September "National Tortilla Month." Washington Times
Midlifers Live Their Dreams by Changing Careers . . . At 47, Frank Miele left a lucrative partnership at a law firm to open his own art gallery in NYC. USA Today

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