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Wednesday, July 8, 2009                                             Make us your homepage

The Latest Breaking News

This Morning's Cut
Leading the News

Jackson Eulogized in Mass Memorial . . . Polished but emotional service meant both as a farewell and a deeply sympathetic framing of his complex legacy. Los Angeles Times

G8 Sees Continued Perils for World Economy . . . May need further help. Leaders fail to agree on climate change goals. Reuters

Mullen Warns of Iran Nuclear Weapon . . . Joint Chiefs Chairman says the "window is closing" for preventing Iran from acquiring a nuclear weapon. Wall Street Journal

Politics

politic

Resignation Boosts Palin Among Republicans . . . Two-thirds of Republicans want Palin to be "a major national political figure" in the future. USA Today

Did Obama Get the Stimulus Wrong? . . . Only a tenth of the money has benn spent, and only half will be by October 201o. Economy worse than Obama projected. McClatchy Newspapers

Rep. Jefferson Shown Taking a Briefcase . . . Jurors see film of Louisiana Democrat taking $100,000 from undercover cop.
Washington Times

First Lady's Approval Rating Top's President's . . . Sound familiar? Michelle is at 68 percent while Barack is at 54 percent.
Los Angeles Times

Support Slips for Health Benefits Tax . . . Senators cool to proposal that would pay for reform with a first-ever tax on employer-provided health insurance. Wall Street Journal

Sen. Al Franken . . . The Minnesota comedian is finally sworn in, without cracking a joke. Los Angeles Times

National Security

Attack Targets Federal Websites . . . Coordinated cyberattacks strike major agencies, including Homeland Security, Department of Defense.
Washington Post

Taliban May Have Escaped Afghan Offensive . . . Mass operation in the south may have just pushed militants to the north and west.
McClatchy Newspapers

Kim Jong-Il Appears . . . North Korean leader looks gaunt and walks with limp at memorial for his father. Guardian

U.S.-Russia Talks Yield No Breakthroughs . . . Obama leaves with measured deals, but contentious issues - Iran, U.S. missile defense, human rights - are unbridged. Los Angeles Times

Money

Google Plans a PC Operating System . . . A direct challenge to Microsoft. New York Times

Companies Target 'Feel Good' Benefits . . . Any perk viewed as a frill is a target for elimination. Wall Street Journal

Dimming Optimism Weighs on Stocks . . . Spring stock rally built on hope is morphing into a summer swoon as investors grapple with sluggish recovery. USA Today

Financial System Still Broke . . . Toxic assets remain on the books as Treasury struggles to get purchasing program up and running. Meanwhile, banks slow to lend. McClatchy Newspapers

U.S. Considers Curb on Oil Speculation . . . Reacting to swings in oil prices, regulators said they were considering limits on “speculative” energy traders. New York Times

International

Unrest Not Conquered in China's Uighur Region . . . Troops flood in as President Hu flies home from G8 summit in Italy to deal with protests.
BBC

U.S. Seeks to Mediate Honduran Crisis . . . Sec. Clinton wades in but is wary of U.S. being seen as too meddlesome. Backs effort by Costa Rica's Arias. Christian Science Monitor

Indonesian President Reelected . . . President Yudhoyono please with quick count and result showing he won the election in a single easy round.
The Jakarta Post

Also Today. . .

Scientists Create First Test Tube Sperm . . . Fertility breakthrough achieved with stem cells derived from a five-day-old male embryo.
The Independent

Hitler's Stealth Bomber . . . Nazis were close to building plane that could have changed course of history. Daily Telegraph

Airlines Offer Deep Cuts on Ticket Prices . . . A trio of discount airlines, led by Southwest, roll out some of the lowest fares in years.
USA Today

You Love Michael Again. Maybe You'll Buy . . . Promoters are hoping to channel the public's renewed goodwill into profits and an ongoing business for his family. Wall Street Journal

Today's Video

Paris Jackson Remembers Her Father . . . CNN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Of course I'm not going to jump right into a lucrative public speaking career. I'm going to wait until next week."

-Sarah Palin

 

A note from our lawyers:

This is not a real quote.

 

Guilty Pleasures

Porno Films Lose Even More Plot
There wasn't much anyway, but with films simply being uploaded to the web in small chunks, the call is for "Action!".
New York Times

Triathlon Times Improving
A new commitment to health? No. Seems the unemployed have some time on their hands.
Wall Street Journal

Austria Not Happy About Bruno
Ambassador to Britain protests "cheap gags" by Sacha Baron Cohen's gay character, who wants to be the most famous Austrian since Hitler.
Daily Telegraph

Top Sports

Armstrong Second at Tour de France
Could be in line for first time in four years to take his first yellow jersey as the leader.
Reuters

 

The Read on the news

Barack Obama is a Health Nut

As you watch events in Washington unfold this summer, remember that everything you see must be reflected through the prism of Obama's top priority for the year and for his presidency, health care system overhaul.

As you probably know, Obama wants to provide universal coverage - likely with a strong federal role - and introduce some new efficiencies.

One thing you will see is a gradual clearing of the decks so that the president can focus on passing his priority, which he must do this year, before the 2010 election year begins in January.

Health Nut, Continued

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