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Cut to the News

 

Sunday, January 10, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Banks Prepare Big Bonuses . . . The bank bonus season is beginning, and it will be one of the largest and most controversial blowouts ever. New York Times

Reid Said Obama has 'No Negro Dialect' . . . Senate Majority Leader apologizes to Obama for 2008 remarks. Called Obama "light skinned" too. Washington Post

Big Quake Strikes Off Calif. Coast . . .A 6.5 earthquake rattles northern California, cutting power to thousands and causing minor damage. Associated Press

Politics

politicSome Dems Want to Change Filibuster . . . With the prospect of fewer Democrats after midterm elections, some want to strengthen majority rule.
Los Angeles Times

Howard Dean Turns on Obama . . . Former presidential hopeful Howard Dean leads left's attack over "abandoned" election promises.
The Guardian

White Candidate Leads in New Orleans . . . Lt. Gov. Mitch Landrieu heads race to succeed C. Ray Nagin as mayor of "Chocolate City." Los Angeles Times

Congress Does More Than Health Care . . . Will return to try to work on jobs, immigration and Gitmo. Los Angeles Times

Fox Chief at Top of Media and Politics . . . Roger Ailes built Fox News into an earnings engine with powerful influence over conservative movement. New York Times

National Security

Abdulmutallab Was Singing Before Arrest . . . Appears he was giving good information before he was charged as a criminal and advised of his rights.
Sunday Telegraph

Death By a Thousand Cuts . . . Is al Qaeda's new strategy to focus on smaller attacks that are easier than pulling off the Big One?
Christian Science Monitor

Israeli General Denies Iran is Threat . . . Man once in charge of Israel’s nuclear weapons claims it will take Iran seven years to make its own. Times of London

Al Qaeda Trains More Plane Bombers . . . Abdulmutallab told US investigators that about 20 others were being coached in Yemen to blow up planes. The Independent

Queens Man Charged With Terror Training . . . Traveled to Pakistan in 2008 to get training from al Qaeda. New York Times

Get Ready to Get Naked . . . The U.S. Transportation Security Administration now plans to buy a total of 450 body-scanning machines. Wall Street Journal

Money

New Job. Less Money . . . Even as more employers are starting to hire workers, the new jobs typically pay less than the ones that were lost.
Associated Press

China Eclipses Germany as Largest Exporter . . . Low-cost manufacturers keep selling abroad despite global economic downturn. Los Angeles Times

Ford Gets Its Focus . . . The new Ford Focus is arguably as important to CEO Alan Mulally as the Model T was to Henry Ford, the founder. New York Times

Stock Avoidance . . . Despite stock rebound, many small investors cling to bonds, a caution analysts say is misplaced.
Washington Post

International

Ukraine Election Heralds Return to Moscow . . . Five years after Ukraine's Orange Revolution, its next election is between two pro-Moscow candidates.
The Guardian

Iran's Opposition Spreads to the Heartland . . . Activists in the provinces say they're making progress. Los Angeles Times

Chavez Cuts Venezuela Currency . . . The move reflects the increasingly difficult economic and political trade-offs faced by Chavez. Wall Street Journal

Man Arrested in Hong Kong Acid Attack . . . Thirty injured in latest in a series of acid attacks on busy shopping streets.
BBC

You Must Also Know . . .

Frozen Orange Juice . . . Florida orange growers are bracing for record cold to hit the state's citrus belt.
Wall Street Journal

Officials Hid Truth of Migrants' Deaths . . . Overseers covered up evidence of mistreatment of immigrants in federal custody. New York Times

Three Snowmobiles Plunge Through the Ice . . . A man, his 24-year-old daughter and 3-year-old granddaughter are killed.
Associated Press

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 told Obama I was sorry, that this is not how I or anyone else should talk about colored people."

- Sen. Harry Reid

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

Guilty Pleasures

Peter Orszag, Sex God White House OMB director struggles to balance the country’s budget and the publicity around his love life.
New York Times

Flatulent Pig Sparks Gas Leak Alert
A flatulent pig triggered a minor emergency in Australia when smells wafting from her farts sparked gas leak fears.
Ananova

 

Top Sports

Cowboys End Playoff Drought
Dallas dominated the Philadelphia Eagles for the second time in six days to win Saturday's playoff game, 34-14.
Dallas Morning News

Are The Jets Taking Off?
The team once ridiculed with the phrase Same Old Jets advanced to the divisional round of the N.F.L. playoffs with 24-14 win over the Bengals.
New York 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

Whom Do You Support for Sen. Kennedy's Old Seat in Jan. 19 Election?

Martha Coakley (D) 53%
Scott Brown (R) 35%

Boston Globe Jan. 2-6

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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