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Cut to the News

 

Tuesday, December 15, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Dems Drop Plan to Expand Medicare . . . Moderates back moves and liberals assent in another step toward passing health legislation.
Wall Street Journal

Copenhagen Talks Back on Track . . . Developing countries won significant concessions following a walk-out. BBC

Illinois Jail to House Gitmo Inmates . . . Thomson Correctional Center in rural Thomson, Ill., will house a limited number of detainees. Chicago Tribune

Politics

politicThere's a Lot on Health Lawmakers Agree On . . . Step away from public options, Medicare and abortion policy there's much common ground.
McClatchy Newspapers

Red Ink Threatens Crisis . . . Debt piling up so rapidly it threatens to plunge nation into crisis if government doesn't reverse course within two years. Washington Times

Obama Presses "Fat Cat" Bankers to Lend . . . But despite the jawboning, he has no real leverage. Christian Science Monitor

George Bush, Post-President . . . At 63, he is now adjusting to life as a "regular guy" with jokes and a defense of his record.
The Independent

Another Top House Dem to Retire . . . Heightens pressure on party leaders seeking to avoid a 1994-style election defeat.

National Security

Israel: Iran has Enough Material for Bomb . . . Military intelligence chief says Iran's "sophisticated strategy" means its "technological clock is almost done winding." Haaretz 

Clinton Says Iran Outreach Produced Little . . . U.S. now appears closer to moving forward with potentially crippling new sanctions. Washington Times

Surge Won't be Complete Until November . . . Troops will move in more slowly than anticipated. Christian Science Monitor

Feds Bugged Chicago Terror Suspects . . . One was taped asking the other to pass along congratulations to the Mumbai attack. Chicago Tribune

Suicide Blast Kills Eight in Kabul . . . Bomber kills eight Afghan civilians Tuesday blocks from the U.S. Embassy.
McClatchy Newspapers

Money

Exxon Mobil Gasses Up . . . Purchase of natural gas giant XTO allows Exxon to expand in shale gas, an area that has seen tremendous growth.
New York Times

When U.S. Isn't Land of Opportunity . . . Some Foreign-born professionals living in U.S. return to home countries where job prospects are better. Wall Street Journal

Wells Fargo To Pay Back TARP Too . . . Last of the big lenders to rush through a repayment before the end of the year.
New York Times

International

Livni Cancels Britain Trip After Arrest Warrant Israel warns attempts to pursue war crimes charges against its leaders will harm relations.
Associated Press

China's Historic Sites Vanishing . . . More than 30,000 items on 1982 list have vanished, in part due to China's aggressive development. The Guardian

Deadly Bombing in Pakistan Town . . .At least 20 people are killed in a bomb attack in the central Pakistani town of Dera Ghazi Khan. BBC

Philippine Volcano Menaces . . . One of the world’s most perfectly formed volcanoes oozed lava and ash, threatening to explode over a Philippines town. Times of London

Berlusoni Attack Was Premeditated . . . Attacker had been waiting for him hours ahead of the assault in a Milan square.
BBC

You Must Also Know . . .

Teens Smoking Less Tobacco . . . But dude, guess what? They're smoking more pot instead.
Washington Times

Gore Stumbles Into Inconvenient Truth . . . Claim Arctic ice could disappear in five year not backed up by scientist he says said it. Times of London

New Cancer Deaths Predicted From CT Scans . . . Each year that today's scanners are used, 14,500 deaths from radiation could result. Los Angeles Times

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 too.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Listen you schmucks and morons. I need you slobs to start lending. We need your help, alright you stupid selfish jerks?"

- Barack Obama

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

Guilty Pleasures

In Last Interview, Tiger Said Family is First
Asked, "Family first and golf second ... always been that way?" Woods's replied: "Always. Always. It has been great actually. It has been the best thing that ever happened."
People

Top Sports

Matsui, Angels Reach Deal
World Series most valuable player Hideki Matsui and the Los Angeles Angels have reached a preliminary agreement on a one-year contract worth about $6.5 million.
Associated Press

Tiger's Doc Linked to Banned Substances
The Canadian doctor who performed a controversial medical procedure on Tiger Woods is under criminal investigation for drug violations on both sides of the border.
New York Daily News

 

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

What is the State of the Country?

Right Direction: 37%
Wrong Direction: 56%

CBS/Times Dec 4-8

Do You Favor Obama's Plan to Send 30K More Troops to Afghanistan?

Favor 62%
Oppose: 36%

CNN Dec. 2-3

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

 

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