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Cut to the News

 

Friday, July 10, 2009                                             Make us your homepage

This Morning's Cut
Leading the News

Deadliest Day in Iraq Since Pullback . . . In self-policed Iraq, bombings kill 54, most in double suicide in Nineveh province. BBC

AIG Wants to Give More Bonuses . . . Seeks cover of approval from Obama administration.
Los Angeles Times

Ensign's Parents Made Payments to Mistress . . . Wealthy parents of Nevada Senator gave $96,000 to staffer who was then his mistress and to her family. Washington Post

Politics

politic

Obama Bends on Climate Change . . . Agrees that West should help finance developing countries' efforts, despite prospect of further U.S. debt. Globe and Mail

Obama Public Debate Campaign Vow Fades . . . Said health reform would be debated for all to see, but it's all done behind closed doors.
McClatchy Newspapers

Diplomats Protest Obama Ambassador Choices . . . Had been on track to give more than usual 30 percent of jobs to political appointees. Washington Times

Dems at Odds on Health Bill Financing . . . House plans to propose tax increase on wealthy to pay for an overhaul, an idea the Senate has all but dismissed. New York Times

Burris Won't Seek Reelection . . . Illinois senator's tenure is tainted by Blagojevich appointment. Chicago Tribune

Pelosi Nixes House Resolution Honoring Jackson . . . Blocks effort Rep. Sheila Jackson Lee to have the House label king of pop an international humanitarian. Houston Chronicle

National Security

Obama, Dems at Odds over Secrecy . . . White House resists move to increase number of lawmakers told about covert operations.
McClatchy Newspapers

Kurds Defy Baghdad . . . With little notice, Kurdistan’s leaders are moving forward on a new constitution, while seeking to seize land and oil. New York Times

CIA Hid Program From Congress . . . Revelation of secret initiative fuels Democrats' accusation that agency withholds information.
Washington Post

F-22 Has Major Shortcomings . . . Confidential Pentagon tests reveal reliability problems with the high-priced fighter jet.
Washington Post

Money

New Mortgage Standards Slow Home Closings . . . Mortgage firms’ increased scrutiny is killing deals, delaying closing process from under 30 days to 45. Houston Chronicle

Oil Weakens as Recovery Hopes Dim . . . Dips below $60 a barrel as traders realize recovery will take longer than hoped.
New York Times

New GM Ready to Exit Bankruptcy . . . Says its' a leaner and meaner automaker ready to win back American consumers and pay back taxpayers. Reuters

Mortgage Firms Asked to Modify More Loans . . . Administration pressing them to step up efforts to modify troubled loans under its housing-rescue program. Wall Street Journal

International

Major New Rally in Tehran . . . But teargas-firing riot police blocked them from reaching their intended goal of Tehran University.
McClatchy Newspapers

Thousands of Tamils Dying in Camps . . . Aid workers’ claims of 1,400 deaths a week in one area prompt fears of a humanitarian catastrophe. Times (UK)

Man Gored to Death During Running of the Bulls . . . First death by goring at annual Pamplona, Spain festival since 1995. Nine injured.
Associated Press

British Tabloid Accused of Tapping Phones . . . News of the World blamed with hiring private eyes to steal cellphone records of public figures and celebrities. Globe and Mail

Also Today. . .

Hundreds of Graves Desecrated . . . Four are charged in scheme to dig up bodies and resell the plots at a Chicago cemetery.
Chicago Tribune

Consumers Think 'Natural' Means 'Organic' . . . It doesn't. And they think organic is just a fancy term that equate to "expensive."
Chicago Tribune

Children Targeted for Flu Vaccine . . . Students likely to be among the first treated for swine flu during major fall vaccination campaign.
Washington Post

Today's Video

Bruno Takes on a Terrorist . . . CNN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"The Europeans and I have agreed to change the temperature of the earth. We've notfied the sun that it must move 100 miles back within three years.

- Barack Obama

 

A note from our lawyers:

This is not a real quote.

 

Guilty Pleasures

Affleck Disses J-Lo
Says Lopez was bad for his career and that he's much happier with Jennifer Garner.
San Francisco Chronicle

British Diplomat in Russian Sex Flap
Filmed cavorting with two prostitutes, it can be assumed, by Russian security services.
The Independent

 

Top Sports

Phelps Breaks Record at Nationals
Michael Phelps broke the world record in the 100-meter butterfly, giving him ownership of five individual world marks.
USA Today

 

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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