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Cut to the News

 

Wednesday, December 30, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

U.S. Had Early Signals of a Plot . . . The government had intel about a possible Al Qaeda attack around the holidays and had info about the suspect. New York Times

Iran Arrests Relatives of Opposition Leaders New tactic of seizing family members to pressure senior figures. Times of London

AIG Emails Show Execs in Crisis . . . Emails during 2007 reveal a company wracked turmoil. Washington Post

Politics

politicRepublicans See an Opportunity . . . GOP, returning to campaign theme, says attempted plane bombing is more proof Democrats are weak on security.
Washington Post

Gitmo Closing on the Rocks . . . Reports the plot was hatched by two former Guantanamo detainees could slow Obama's plans.
McClatchy Newspapers

Republican May File Suit Over Health Bill . . . Florida's attorney general questions whether it's constitutional to force people to buy health insurance. New York Times

White House Girds for Immigration Battle . . . Rallying allies to push for better border security and a path to citizenship for illegals now in the U.S. Los Angeles Times

Obama to Launch Vision for NASA . . . Must choose whether to ramp up spending on Mars and moon expeditions. USA Today

National Security

AirPlane Bomber Groomed in London . . . Security officials are concerned British universities, especially in London, are a hotbed of Islamist radicalization. Times of London

Bomber's Lonely, Religious Postings . . . A fervently religious and lonely young man who fantasized becoming a Muslim holy warrior. Associated Press

U.S. Prepares Sanctions for Iran . . . Administration readies targeted sanctions against parts of Iranian government amid protests there. Washington Post

Iran Set to Get Uranium From Kazakhstan . . . Tehran appears to be running out of material needed to carry out uranium enrichment. Associated Press

Obama Curbs Secrecy of Classified Docs . . . Declares “no information may remain classified indefinitely” and seeks to promote disclosure. New York Times

Money

Oops. Housing Prices Fall Again . . . Just as the economy is finally beginning to strengthen, the real estate market is showing new signs of deterioration.
New York Times

Congress Takes Aim at Fed Independence . . . So Bernanke keeps lawmakers happy with low rates while they are overhauling financial system. Washington Times

Stage Set for Google-Apple Phone War . . . The search engine will start 2010 by unveiling its own phone, the Nexus One.
Financial Times

Rich Try to Stay Alive to Beat Estate Tax . . . The tax expires for a time on Jan. 1. "I have two clients on life support," says lawyer Joshua Rubenstein. Wall Street Journal

Laid Off Execs Look for Any Type of Work . . . Highly paid executives typically insulated from heavy job losses during recessions. Not this time. USA Today

International

Iraqi Governor Hit in Twin Blasts . . . More than 20 people die in two suicide blasts in the Iraqi city of Ramadi, with the provincial governor wounded.
BBC

Scores Killed in Nigeria Clashes . . . Fighting between Islamic militants and security forces underlines fears of religious instability in region. The Guardian

Culture of Corruption Drags Greece Down . . . The Greek government has pushed the country to the brink of national bankruptcy. Der Spiegel

You Must Also Know . . .

Federal Court Restricts Taser Use . . . Ruling allowing an officer to be held liable for injuries a man suffered sets new precedent. Los Angeles Times

High Tech Scans Work a Little Too Well . . . Some call whole-body scan a "virtual strip search" that should be used only for probable cause. McClatchy Newspapers

Childbirth Turns Tragic, Then Joyful . . . A lifeless woman and her baby are revived in a Colorado hospital on Christmas Eve.
Los Angeles Times

Ginko Balboa: Forget It . . . The popular botanical does not improve memory, nor does it prevent cognitive decline in older people.
USA Today

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

"Some Hawaiian vacation. Same $%!#@, different location."

- Barack Obama

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

Guilty Pleasures

No Karate Ladies for Maggie
Former British Prime Minister Margaret Thatcher refused to be protected by 20 “karate ladies” at a summit in Japan unless male world leaders were given the same number of “karate gentlemen."
Daily Telegraph

Herd of Pigs Rules British Highway
The southbound M11 towards London was shut early on Wednesday morning after a truck carrying a consignment of 82 pigs crashed. The runaway pigs are now grazing on the embankment.
Daily Telegraph

 

Top Sports

Sports Aren't Recession-Proof This Time
Nearly every sport and sports team took hits in 2009, from layoffs to dips in advertising, attendance and sponsorships. They get more creative to lure fans.
Los Angeles Times

Colts, Vikings Lead Pro Bowl Picks
It will be Favre's 11th Pro Bowl and the 10th for Peyton Manning. No other QBs have been to 10 all-star games.
SI.com

 

 

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

Which Woman Do You Admire Most?

Hillary Clinton: 16 %
Sarah Palin: 15%
Oprah Winfrey: 8%
Michelle Obama: 7%

USA Today Dec 11-13

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

 

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