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Cut to the News

 

Thursday, December 17, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Climate Deal May Have to Wait . . . Danish president of the climate summit in Copenhagen suggests a deal may have to wait until next year. BBC

Ben NelsonIt's All Up to Ben Nelson Nebraska Dem is only thing standing in way of Senate health bill. Los Angeles Times

Insurgents Hack U.S. Drones . . . Militants in Iraq use cheap software to intercept video feeds from U.S. Predator drones. Wall Street Journal

Politics

politicHouse Passes Stimulus II . . . The jobs bill would provide funding for job training and transportation projects. The Senate has yet to vote on the measure.
Christian Science Monitor

Blago's Lawyers May Call Obama to Testify . . . Obama was interviewed as part of Blagojevich investigation. So was Rahm Emanuel.
Chicago Tribune

Pelosi: Obama Will Have to Sell the Surge . . . Says President is on his own persuading reluctant Democrats to fund his Afghan troop buildup. McClatchy Newspapers

Effort to Extend Estate Tax Fails . . . Will likely expire Jan. 1, creating dilemmas for politicians and roiling tax planning for thousands. Wall Street Journal

House Finishes Business and Leaves . . . Approves short-term, $290 billion increase in debt, setting stage for major fight over fiscal policy in 2010. New York Times

National Security

UN: American Aide Plotted to Replace Karzai The No. 2 U.N. official in the country, Peter W. Galbraith, proposed enlisting the White House in a plan to replace Afghan president. New York Times

U.S. to Taliban: Get a Job . . . U.S. offering cash and jobs to low-level fighters to get them out of Taliban. Washington Times

Zardari Faces Resignation Demands . . . Pakistan president faces numerous legal problems - and distraction from war - after his immunity is swept away. BBC

Money

Bank of America Picks Insider as New Chief . . . Brian Moynihan, who will be the bank's new CEO, previously was BofA's consumer banking head.
McClatchy Newspapers

Fed Signals Pullback in Liquidity Support . . . FOMC upgrades view of US economic health. Financial Times

Insurers to Launch Reputational Risk Product . . . Tiger Woods' scandal shows companies’ vulnerability. Financial Times

Pay the Mortgage or Walk Away? . . . Growing numbers consider a "strategic default,"not out of need but because it is in their best financial interests. Wall Street Journal

Citigroup to Suspend Foreclosures for 30 Days . . . Will stop foreclosures and evictions for 30 days in a temporary break for about 4,000 borrowers. Associated Press

International

U.S. Backs $100B Climate Change Fund . . . Hillary Clinton backs proposals for a $100 billion-a-year international fund to tackle global warming in developing countries. Times of London

Mexican Drug Lord Killed . . . Two hundred sailors raid upscale apartment complex, triggering a two-hour gun battle.
Associated Press

Berlusconi Leaves Hospital . . . Italian prime minister said to be in pain and unable to eat properly after being hit with souvenir in Milan.
The Guardian

Britain Says Jewish School Discriminated . . . Says it's illegal for a Jewish to base admissions on classic test - whether one’s mother is Jewish. New York Times

You Must Also Know . . .

Crew Surprised it Overshot Minneapolis . . . They were fiddling on their laptops, got absorbed, and lost track of time. Chicago Tribune

Cancer Breakthrough . . . Pattern of mutations found in cancer could eventually be used to tailor treatments to particular patients. The Guardian

Docs Try to Remove 50 Needles From Toddler . . . Stepfather detained. May have been black magic ritual. Associated Press

Americans Watch 4.6 Hours of TV a Day . . . They lead the world on boob tube viewing. And it's increasing. Daily Telegraph

Tap Water May be Unhealthy . . . The federal law regulating tap water is so out of date that the water Americans drink can pose serious health risks. New York 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

"I just can't believe these bankers are so worried about money."

- Barack Obama

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

Guilty Pleasures

Snake Boxing in Thailand
Villagers in Thailand have been pictured staging snake boxing matches with deadly king cobras.
Daily Telegraph

Woman to Row Across the Atlantic
Through 50-foot waves and hurricane-force winds, the only thing propelling Katie Spotz's tiny yellow boat will her arms pulling against two black oars.
New York Times

 

Top Sports

From the Big Ten to the the Big Fourteen?
Fourteen teams, even 16, could be in play as it relates to the Big Ten's potential expansion. "Anything is possible," one source said.
Chicago Tribune

Bengals Receiver Fight for His Life
Cincinnati Bengals wide receiver Chris Henry suffered injuries described as life-threatening when he fell from the back of a truck during what police called a domestic situation.
Washington Post

Tiger's Wife Said to be Leaving Him
She's made up her mind," a source says. "There's nothing to think about. He's never going to change."
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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