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Cut to the News

 

Friday, December 4, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

NATO Allies Add 7K to the Surge . . . Nato's top official says 25 countries will send at least 7,000 extra troops. BBC

Pakistan Mosque Attack Kills Dozens . . . At least 32 are killed and scores injured in attack at a mosque in the Pakistani garrison city of Rawalpindi. BBC

Bernanke Fights for Second Term . . . Fed chairman admits mistakes but says he helped save America from another Great Depression. Wall Street Journal

Politics

politicDemocrats Win $400B in Medicare Cuts . . . As consideration of health bill gets underway, Dems turn back GOP effort to gut a significant pay-for.
Washington Times

Obama Faces Frosty Main Street Reception . . . Launches a tour in Allentown today. Business leaders and workers say he hasn't delivered. Wall Street Journal

Take Back Gore's Oscar? . . . That's what two Academy members are demanding in the wake of the email scandal. Gore lives in a big house too. Los Angeles Times

Secret Service Used 'Poor Judgment' . . . Three uniformed Secret Service agents have been placed on paid administrative leave.
Chicago Tribune

Now What About Those Jobs? . . . Unemployment figures are out today. So White House held a "jobs summit" yesterday.
McClatchy Newspapers

National Security

Obama Homed in on Afghanistan Pullout Date
It started as a projection from the military, intended only for the ears of the president and his top aides.
Los Angeles Times

Karzai to Replace Most of His Cabinet . . . Seeks to purge corruption from government, restore his legitimacy after fraud-tainted election. Toronto Globe and Mail

U.S. Pressures Iran Over FBI Agent . . . Wants info on Robert Levinson, a retired agent who disappeared from a Persian Gulf island in March 2007. McClatchy Newspapers

CIA Expands Use of Drones in Pakistan . . . Moves parallel the decision to send more troops to Afghanistan. New York Times

Money

Dubai: A High Rise, and Then a Steep Fall . . . Construction boom was fueled by easy credit, a poorly regulated market overrun by speculators, and cheerleading from Dubai officials. Wall Street Journal

House Bill Extends Estate Tax . . . House permanently extends the 45 percent tax on estates larger than $3.5 million, canceling repeal scheduled for 2010. Wall Street Journal

Super-Frequent Fliers' Super-Elite Status . . . The enigmatic programs can provide a level of pampering that is the stuff of a road warrior's dreams. USA Today

International

Assassination Attempt on Guinea's Leader . . . A military aide wounded Capt. Moussa “Dadis” Camara, who seized power in a coup a year ago.
BBC

Polanski's Swiss Chalet Prison . . . Polanski, fighting extradition to US over a 1977 case of unlawful sex with minor, arrived by limousine at his home. BBC

Chavez May Nationalize Banks . . . Worries grow that Venezuela is on the verge of a banking crisis and Chavez may take the banks for himself. Wall Street Journal

You Must Also Know . . .

Agent Orange's Toxic Legacy . . . U.S. veterans exposed to Agent Orange face delays and bureaucracy as they seek compensation. Chicago Tribune

UN to Study Climate Change Emails . . . UN panel claims UK scientists manipulated global warming data should be investigated. BBC

Study: Cell Phones Not Causing Brain Risk . . . No change in number of adult brain tumors since mobile phone usage rose sharply in mid-1990s. BBC

The Clerk Who Stole $2M . . . Prosecutors say Marie Morey stole $2 million while working as a low-level accounting clerk in a Probation Department. Boston Globe

DC Panda Heading to China . . . First cub born at National Zoo goes to China as per agreement between the Zoo and the Chinese government. Washington Post

Cut to Your Stocks

Watch the Dow(^DJI), S&P 500 (^GSPC), NASDAQ (^IXIC), Europe (^STOXX), the Nikkei (^N225), and the ten-year Treasury (^TNX). Add your own stocks to this portfolio or create a new one.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Everybody hates me. I mean, my caddy handed her the clubs."

- Tiger Woods

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

Guilty Pleasures

Tiger Antes Up
Tiger Woods has reportedly offered up to $80 million in order to keep his wife, Elin Nordegren, from leaving him with the kids.
New York Daily News

You Never Come to Visit!
In an unprecedented diplomatic breach, Chinese Premier Wen Jiabao publicly upbraided Prime Minister Stephen Harper today for failing to visit China sooner.
Toronto Globe and Mail

 

Top Sports

Oregon Heads to Rose Bowl
Thanks to a 37-33 victory over No. 16 Oregon State in the Civil War, the No. 8 Ducks will go to Pasadena.
USA Today

Florida's Tebow Aims Even Higher
"Football. Athleticism. Charity work. His faith. You name it. I've never seen anybody who had all that in one package," one coach said.

 

 

BLOG

The Read on the news

Deadly Delays for Obama

Obama's health reform bill will not be voted on until January at the earliest, and his energy proposals will not get to the floor of the Senate until the spring of 2010. That spells trouble for the former, and death to the latter.

Senate Majority Leader Harry Reid recently did something mostly illegal in Washington: He spoke the inconvenient truth.

Reid ever so gently mentioned that health reform might have to wait until 2010. The White House went nuts, and Reid was soon backpedaling into 2009.

The White House had good reason. The closer the vote is to Election Day 2010, the more likely nervous Democrats are to oppose it.

Deadly Delays, cont'd

The Latest Polls

Where Should Khalid Shaikh Mohammed be Tried?

Military Court: 59%
Civilian Court: 36%

Gallup Nov. 20-22

Do You Approve of the Job President Obama is Doing as President?

Approve 49%
Disapprove 44%

Gallup Nov. 17-19

Do You Support or Oppose Changes to Health Care Congress is Considering?

Oppose: 49%
Support 48%

Washington Post/ABC Nov.12-15

How Will You Vote in the 2010 House Elections?

Democratic 47%
Republican 42%

Pew Oct. 28 - Nov. 8

Should Congress Vote For or Against a Health Bill?

For 43%
Against 48%

Gallup Nov. 5-8

 

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