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Cut to the News

 

Wednesday, January 6, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Obama: We 'Screwed Up' . . . Says intel agencies knew al Qaeda was targeting U.S. but "failed to connect the dots" to thwart bomb attempt.
Wall Street Journal

Iran Shielding Nuke Efforts in Tunnels . . . Iran has shielded its infrastructure from attack in dense rock. New York Times

Conn. Sen. Dodd to Announce Retirement . . . A leading Democrat whose political star has faded will not run for reelection. Washington Post

Politics

politicNorth Dakota Democratic Sen. Dorgan to Retire Move creates a major new opening for Republicans in the conservative state this fall.
Washington Times

Dodd Decision Sets Stage for Battle . . . Against determined GOP opposition, Democrats hope to keep a Senate seat they have held for 46 years. New York Times

Democratic Leaders Resume Health Talks . . . Democrats aim to reconcile differences, send bill to Obama before his State of the Union address. Washington Post

Dems Don't Want Health Talks on C-SPAN . . . The network writes a letter asking that Obama fulfill campaign promise, but appears to be rebuffed. Wall Street Journal

Promise to Trim Deficit Grows Harder to Keep . . . Tougher economic times force government to keep spending.
New York Times

National Security

Triple Agent Was CIA's Best Hope in Years . . . CIA had regarded suicide bomber so highly the White House was told to expect important information from his debriefing. Times of London

U.S. to Halt Gitmo Transfers to Yemen . . . Halting transfer of remaining 91 Yemenis could complicate Obama's efforts to close the prison. Los Angeles Times

Tehran Welcomes Clinton's Flexibility . . . Secretary of State says there's no deadline for starting nuclear talks.
Associated Press

Can Intel Analysts Really Stop Attacks? . . . Intelligence analysts must go through a sea of data in efforts to prevent another terror attack. Christian Science Monitor

Money

Google Opens New Front in Phone Battle . . . Unveils its own branded mobile phone, dubbed Nexus One, and a new online phone store through which it plans to sell the device. Wall Street Journal

Fed Basing Power Drive on Failure . . . A lack of explanation for why the Fed failed to recognize the economic bubble is the weak link in its push for power. New York Times

Television Begins Push Into 3-D . . . Cable programmers are rushing to create new channels for 3-D sets that manufacturers are unveiling. New York Times

International

UN Stops Food Aid to One Million Somalis . . . Harassed aid group forced to shut down distribution in one of country's most vulnerable areas.
Toronto Globe and Mail

Israeli Military Fears Arrest in UK . . . Visit cancelled. British pressured to end threat of legal action against Israeli leaders for war crimes in Gaza. The Guardian

Britain Threatens to Freeze Iceland Out of EU . . . London furious after President Grimsson vetoes repayment of a £3.6 billion loan. Times of London

Iran Rulers Deepen Country's Isolation . . . Regime bans contact with more than 60 respected Western organizations, including the BBC. Times of London

You Must Also Know . . .

U.S. in a Deep Freeze . . . An Arctic blast has dipped low across the U.S., hitting with intensity at the East Coast and the South. McClatchy Newspapers

Man Who Survived Two Atomic Bombs Dies . . . Shocked by the devastation in Hiroshima, he decided to return home . . . to Nagasaki. Daily Telegraph

Sickly Sitters . . . Medical expert finds evidence of illness among many who sat for master painters. Did Mona Lisa have high cholesterol? Times of London

 

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 have launched a new program to begin connecting the dots. I plan to launch a second initiative later this month to start dotting the i's. In February, we begin crossing the t's. Then things should start to improve."

- Barack Obama

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

Guilty Pleasures

Explosives-Laden Flyer Was Just a Guinea Pig
An unwitting Slovak flying back to Dublin had explosives planted on him as a test — and no one was told for three days. He was celebrating his freedom last night after being detained.
Times of London

One for the Ladies
For years you couldn't get a legal male prostitute in Nevada because the rules required frequent cervical testing, which was a problem for men. Now that little technicality is gone.
Times of London

 

Top Sports

Iowa Beats Georgia Tech in Orange Bowl
The Iowa Hawkeyes were underdogs. They needed big games from quarterback Ricky Stanzi, who was coming back from injury, and from their defense. They got them.
USA Today

Randy Johnson Retires After 22 Seasons
The former power pitcher finishes with 303 wins, two no-hitters, five Cy Young Awards and 4,875 strikeouts.
USA Today

 

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 Woman Do You Admire Most?

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

USA/Gallup 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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