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Cut to the News

 

Saturday, October 24, 2009                             Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Iran Says it Can't Meet Nuclear Deadline . . . Won't respond to proposal until middle of next week, raising questions about intentions. Wall Street Journal

Pelosi Lacks Votes for Public Option . . . Raises pressure on Democrats amid indications she can't pass the bill yet.
New York Times

Cell Phones May be Linked to Cancer . . . Long-term use of mobile phones may be linked to some cancers, a landmark international study will conclude. Daily Telegraph

Politics

politicEPA to Set Air Pollution Rules by 2010 . . . Would require oil- and coal-burning power plants to dramatically reduce hazardous air pollution.
Los Angeles Times

Prognosis for Public Option Improves . . . Many lawmakers now expect final bill will include some form of government-run insurance. Washington Post

First Family Photo Album . . . Annie Liebowitz takes a new official portrait of Obama and kin. Washington Post

Bloomberg Sets Spending Record . . . NYC Mayor Michael Bloomberg has spent $85 million of his own money, more than anyone in U.S. history. New York Times

Obama Dismisses Global Warming Skeptics . . . Charges "cynical claims" that contradict evidence are designed only to defeat legislation. Washington Times

Bush to Become Motivational Speaker . . . On Monday, George W. will appear as the headline speaker on the popular Get Motivated seminar program. The Times (UK)

National Security

Pakistan Taliban Leader's Hometown Captured Kotkai is symbolically important also lies along the way to a major Taliban military base.
Associated Press

U.S. Iraq Embassy Needs $130M in Repairs . . . Faulty plumbing, falling plaster and electrical problems are highlighted in a damning report. The Times (UK)

Taliban Vow to Attack Afghan Poll . . . Threaten to launch fresh wave of violence at next month's presidential run-off. Urge boycott.
BBC

Money

Trade Data Show Weakness of Recovery . . . Global trade flows slipped in August after rising for the two previous months, pointing to weakness.
Wall Street Journal

Bank Failures Top 100 . . . Most in a year since 1992. Trouble goes even deeper than the number suggests. Associated Press

Windows 7 Security May Leave PC's Vulnerable . . . User Access control is being shipped in a configuration that may do more harm than good. USA Today

Bernanke Urges Bank Reg System Overhaul . . . Prods Congress to enact legislation to prevent a repeat of the banking and credit debacles. New York Times

International

Obama Won't Go to Copenhagen . . . Instead of going to environmental summit, will set out green goals when accepting Nobel Peace Prize in Oslo.
The Times
(UK)

Zelaya Breaks Off Talks . . . Pulls plug on negotiations with the country's interim government to end Honduras's four-month political crisis. Wall Street Journal

French Smear Trial Ends . . . Former French PM Dominique de Villepin is accused of conspiring to damage Nicolas Sarkozy's 2007 presidential bid. BBC

You Must Also Know . . .

Vaccine Output Falls Way Short . . . Drugmakers have shipped less than half the swine-flu vaccine expected this month due to production delays. Los Angeles Times

Who Will Take Over Good Morning America? . . . Stephanapoulos and Cuomo vie for job as Diane Sawyer prepares takes over evening news. Washington Post

Mom Told Deputies Balloon Saga Was a Hoax . . . Mother of boy once feared missing inside a runaway balloon admitted family was lying. USA Today

Sleep Happens: In the Cockpit . . . "Pilots on occasion do take controlled naps," says an aviation safety consultant.
Los Angeles Times

Internet Plagued With Swine Flu Scams . . . More than 140 products cited for fraudulent claims that they can prevent, treat or diagnose swine flu. Associated Press

Markets >> to the minute

Watch the Dow(^DJI), S&P 500 (^GSPC), NASDAQ (^IXIC), Europe (^STOXX), the Nikkei (^N225), and the ten-year Treasury (^TNX).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Obama is a Communist and he's got to be stopped. I mean, can you just imagine the quality of the steaks I'll be getting when we go to collective farming?"

- Rush Limbaugh

A note from our attorneys:
This is not a real quote.

Guilty Pleasures

Dear Lassie's Carbon Footprint
A medium-sized dog has "same impact as a Toyota Land Cruiser."
Daily Telegraph

Charlize Theron Kisses a Girl for Charity
Woman pays $140,000 for a kiss that goes at least 20 seconds with the blond star.
New York Post

Top Sports

NFL Data Reinforces Dementia Links
Pro football’s retirees are experiencing moderate to advanced early-onset dementia at rates several times higher than the general population.
New York Times

NBA, Referees Agree to a Deal
The regular referees made the call. They're coming back to work.
Associated Press

 

BLOG

The Read on the news

Obama's Health Care Gamble

President Barack Obama's health care overhaul initiative, now in the endgame on Capitol Hill, may imperil his reelection effort and Democratic control of Congress if it passes. Health reform, in the way it's being done, is a big, bad turnoff to large swaths of voters he and the Democrats need.

Lets start with seniors. To pay for its proposal, the most moderate of the bills - that of the Senate Finance Committee - slashes billions from Medicare. The administration calls this wasteful Medicare spending. Of course, not everyone agrees. Some seniors will not like the cuts, and Republicans will be there to tell them why they shouldn't.

But even if Obama is right about the programs he is reducing, Medicare is going broke. If "wasteful" cuts are used to help pay for health reform, there's fewer spending reductions left to help save the program.

Obama's Gamble, cont'd

The Latest Polls

Will You Get the Swine Flu Vaccine?

No: 62 Percent

Yes: 33 Percent

Wash. Post/ABC Oct. 15-18

Do you approve of the job Obama is doing?

Yes: 57 percent

No: 40 percent

Wash. Post/ABC Oct 15-18


Do you support a 'public option' for health care reform?

Yes: 57 percent

No: 40 percent

Wash. Post/ABC Oct 15-18

 

Should Obama send more troops to Afghanista?

No: 59 percent

Yes: 39 percent

CBS/Gallup: Oct. 5-6

 

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