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Cut to the News

 

Friday, February 5, 2010                      Make us your homepage

Top Breaking News

This Morning's Top 25:
Leading The News

Markets Plummet as Fear Grips Investors . . . Global markets drop for second day amid concern over strength of recovery and deficits in Europe. Washington Post

Toyota Chief Apologizes . . . Offers regret for quality problems that have led to the recall of more than 9 million cars.
New York Times

Bombings Hit Iraq Shia Pilgrims Suicide bombers kill 27 Shia pilgrims and injure dozens during a major ceremony in the Iraqi city of Karbala. BBC

Politics

politics newsBrown is Sworn In . . . Mass. Sen. Scott Brown completes his historic transformation from little-known Republican state lawmaker to a national phenomenon. Boston Globe

Senators Spar Over Jobs Bill . . . Democratic and Republican senators struggled to hammer out a modest bipartisan job-creation package. Wall Street Journal

Congress Raises Debt Limit by $1.9T . . . Also tries to curb spending with new PAYGO rules, which aren't likely to have much effect soon. McClatchy Newspapers

Obama's Honeymoon With EU Ends . . . Europe expected him to change the world. Instead, turns out he's president of the United States.
Washington Times

Steele Weathers GOP Disaffection . . . RNC Chair maneuvers through minefield of internal discontent. Plans to harness power of Tea Partiers. Washington Times

National Security

national security newsTaliban Reject Notion of a Deal . . . The Taliban say they will not enter into any "deal" with the Afghan government or the West, and their fighters will continue to die to achieve a victory. Reuters

Leaders Faulted in Deadly Afghan Base Attack . . . Report suggests any sanctions would be against higher-level officers.
New York Times

Homegrown Terrorism a Growing Threat . . . But number of extremist U.S. Muslims is small and they are still largely focused overseas. Christian Science Monitor

Fears Over Google Alliance With Spymaster . . . Company’s deal with NSA to tackle interference from China raises privacy concerns. Times of London

Christmas Bomber Helping Track Jihadists . . . Giving valuable information on jihadist Yemeni preacher Anwar al-Awlaki and other radicals. Times of London

Money

business newsEurope Woes May Extend Global Slump . . . Trouble is brewing in Europe that may prolong a downturn and ricochet through the global economy as it struggles to recover. New York Times

China Trade Gap Imperils Job Growth . . . Unless gap is addressed, Obama’s goal of 2 million new trade-related jobs will be unattainable. Christian Science Monitor

U.S. Sues BofA Over Merrill Merger . . . Bank of America and then-CEO Ken Lewis misled investors about risk of acquiring Merrill, suit says. Christian Science Monitor

International

international newsBritish Lawmakers Charged in Scandal . . . Three in Commons and one in House of Lords will face trial for expenses theft and false accounting.
Times of London

Missionary Stumbles in Haiti . . . Mother says woman charged with abduction knew children weren't orphans, but parents had signed them over to her. Wall Street Journal

Northern Ireland Ministers to Seal Peace Deal . . . PM Gordon Brown and Taoiseach Brian Cowen arrive in Ulster to launch historic power-sharing deal. Daily Telegraph

Ukraine Braces for Political Showdown . . . Ukraine to vote in a runoff between rivals that could destabilize the democratic process. Christian Science Monitor

Last of a Tribe Dies With Her Language . . . The last member of a unique tribe that inhabited the Andaman Islands for 65,000 years dies of old age. Times of London

You Must Also Know . . .

today's newsSeniors Aren't Getting Vaccinations . . . Elderly are particularly susceptible to many diseases that vaccines can prevent. McClatchy Newspapers

Man Killed by Sharks off Florida Coast . . . Surrounded by sharks and killed while riding a kiteboard. First fatal attack in Fla. in five years. Associated Press

Pandas Head to China . . . Two pandas born in American zoos are headed to China to join breeding program in their endangered species's native land. Associated Press

Surrender of Jackson Doctor in Doubt . . . Talks break down, throwing into doubt when charges might be filed in the singer's death. 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

"I regret deeply what has happened and want to use this occasion to announce that all new Toyotas will come with a guaranteed life insurance policy."

- Totota President Akio Toyoda

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

Guilty Pleasures

weird news

Porn Viewer Caught on TV Keeps Job
Aussie broker David Kiely, who was seen live on television opening an email carrying pictures of model Miranda Kerr, will remain at the investment bank.
Daily Telegraph

Chicago Panhandler Cannot be Deterred
Clarence Ervin says he's afraid of getting caught. He should be. He has been arrested 178 times, according to police and court records.
Chicago Tribune

 

Top Sports

Conflict for Archie Manning: Son vs. Saints
A major obstacle stands between the Saints he played for for over 10 years and the NFL championship: Manning's son Peyton.
USA Today

NFL Faces Labor Trouble
Salary caps will be off if a deal isn't reached soon, helping teams in big markets that can pay more.
Washington Times

 

 

BLOG

The Read on the news

Obama's Enthusiasm Gap

While much of the focus these past few months has been on Obama's drop in the polls, a far more critical problem for the president is the erosion in enthusiasm among his liberal base of support.

Presidents routinely bounce back from early bad polling to win reelection. Ronald Reagan lost a lot of popularity during the recession of the early 1980s, only to surge anew by 1984 to defeat Walter Mondale. And Bill Clinton looked like a sure loser in 1996 as Republicans marched to victory in the 1994 midterm elections.

Obama's polls are not too bad. His approval rating is just below 50 percent, and by the time he's up again in 2012 the economy will likely be looking better.

But an African American with the unlikely name of Barack Obama and the most liberal voting record in the Senate was elected in no small part because of the passionate following among his base of liberal voters.

Obama's Enthusiasm Gap, cont'd

The Latest Polls

Which do you rate as a top priority for Congress and the president?

Economy: 83 %
Jobs: 81%
Terrorism: 80%
Social Security: 66%
Education: 65%
Medicare: 63 %
Health care: 57%
Helping the poor: 53%
Energy: 49%

Pew Research Jan. 6-10

What Should Obama and Democrats Do Now About the Health Bill?

Keep working on it: 39%
Stop and consider alternatives: 55%

USA Today/Gallup Jan. 20

Do You Approve of the Way Obama is Handling Health Reform?

Approve: 38%
Disapprove: 55%

NBC/Wall Street Journal Jan. 10-14

How Well is the Government Doing in Reducing Terrorism Threat?

Very/Fairly Well: 65%
Not too Well/Not Well: 33%

Pew Research Jan. 6-10

 

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