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Cut to the News

 

Friday, December 18, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

World Leaders Try to Save Climate Deal . . . Obama and other leaders scramble after negotiators fail to reach a deal on in all-night talks. Reuters

Unions Oppose Senate Health Bill . . . And Dems still can't satisfy Nelson on abortion language. Washington Times

Eikenberry: U.S. Afghan Stay After 2011 . . . Afghan ambassador says U.S. will maintain strong military presence long after July 2011. McClatchy Newspapers

Politics

politicReining in Insurers the Old Way . . . With no "public option," the Senate healthcare bill enlists government to regulate industry rather than compete with it.
Los Angeles Times

Senate Blocks GOP Filibuster . . . Republicans sought to stall huge Pentagon bill in a maneuver to delay health-care legislation. Washington Post

Change, Kind Of . . . With a $1 billion lobbying blitz, Wall Street, Big Oil and Coal, and the health industry have stalled or weakened Obama's regulatory threats. Boston Globe

Boehner: Gitmo a Dealbreaker . . . House GOP leader warns he won't back funding surge if request includes transferring detainees to United States. McClatchy Newspapers

Earmark Goes to Wrong Place . . . Rep. Clyburn earmarked $100,000 for Jamestown, S.C. library. It went to Jamestown, Calif. which has no library. Washington Times

National Security

U.S. and Russia Look to New Arms Pact . . . Will pursue an agreement tackling whole categories of nuclear weapons never before subject to limits.
New York Times

How Quickly They Adapt . . . Ability to hack into drones latest sign of how terrorists adapt to U.S. technology.
Christian Science Monitor

Warnings of Drone Flaws in 2004 . . . But the Pentagon didn't begin securing the signals until this year. Wall Street Journal

Yemen Kills 34 al Qaeda in Raids . . . Ministry of defense says 17 others involved in terrorist organization detained in military operations.
The Guardian

Money

Regulators Brawl for Control of Banks . . . A year after being hailed for having predicted the housing bust, Sheila Bair is scrambling to protect her future and that of the FDIC. Wall Street Journal

Homeowners Rejected Under Obama Plan . . . Many do all they're supposed to but still rejected for loan modification, often with no explanation. McClatchy Newspapers

Dollar Strengthens . . . Souring economic prospects in Europe have helped halt the dollar's months-long decline. Washington Times

Stores Avoid Deeper Discounts . . . Betting deal-seeking late shoppers will settle for lower levels of discounting as the season enters final stretch. Wall Street Journal

Panel Backs Bernanke for Second Term . . . The 16-to-7 vote came after flashes of populist anger erupted amid a sluggish and uneven economic recovery. New York Times

International

Mumbai Gunman Recants Confession . . . Tells court he came to Mumbai as a tourist and was arrested 20 days before deadly siege began.
BBC

Auschwitz 'Arbeit Macht Frei' sign stolen . . . Infamous iron sign spanned gate at main entrance to former Nazi death camp in southern Poland. Associated Press

Chirac Faces New Corruption Charges . . . Allegations that Paris City Hall paid for jobs in his political party when he was mayor.
Wall Street Journal

You Must Also Know . . .

When the Tweeting Stopped . . . Online messaging service disabled overnight, after Iranian group appeared to break into site. The Guardian

DNA Frees Man After 35 Years . . . Was sentenced to life in 1974 for kidnapping a 9-year-old boy and raping him in a nearby field. Associated Press

Possible Dark Matter Find . . . Hints of mysterious substance thought to make up quarter of the Universe picked up for first time in disused US mine. Times of London

Actress Jennifer Jones Dies at 90 . . . Discovered by future husband David O. Selznick, Jones won an Oscar for 1943's "The Song of Bernadette." 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

What? Tiger had 13 women going? This is an outrage! What's happened to our values? Back in my day, it was four or five women tops, and no more than one rumored love child."

- Former President BIll Clinton

 

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

Guilty Pleasures

Scientists Find Formula for Beauty
Beauty is not so much in the eye of the beholder as in the measurements between a woman’s eyes, mouth and ears, scientists claim.
Daily Telegraph

UFO Reported Over the Kremlin
A giant pyramid which appears to be a UFO hovering over the Kremlin has caused frenzied speculation in Russia that it is an alien spacecraft.
Daily Telegraph

 

Top Sports

Colts Are 14-0
The undefeated Colts came out on top in an exciting, see-saw battle, holding off the Jacksonville Jaguars 35-31.
USA Today

Bryant Has Never Been Better
After 14 years of publicly wondering about the Lakers' star, it has finally sunk in: Kobe Bryant can do anything, a columnist says.
Los Angeles Times

Brain Damage Found in Hockey Player
A deceased former player was found to have a disease associated with repeated head trauma, linking the sport for the first time to health risks faced by football players.
New York Times

 

 

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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