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Cut to the News

 

Thursday, January 14, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Haiti Lies in Ruins . . . Thousands may be dead. Government unable to help as foreign aid only begins to trickle in. New York Times

Obama to Unveil Bank Tax . . . Would tax banks, insurance firms and broker-dealers $90 billion. Wall Street Journal

Panel Rips Wall Street Titans . . . Congressional committee investigating the financial crisis grills the nation's top bankers.
Wall Street Journal

Politics

politicObama, Dems, Bear Down to Finish Health Bill Obama and top Democrats huddled at the White House all day to try to resolve differences between the House and Senate. Washington Post

Obama Moves to Aid Haiti . . . Facing the first major humanitarian crisis of his presidency, Obama moves quickly to send help to Haiti.
New York Times

New Taxes Considered to Pay for Health Bill . . . White House and Democrats consider applying the Medicare payroll tax to investment income. Los Angeles Times

Battle for Kennedy's Mass. Seat . . . Democratic operatives scramble to help Martha Coakley’s Senate campaign as the state is bombarded with ads. New York Times

White House Seeks Advice From Biz Chiefs . . . Dozens invited to White House today to talk about how to make government function better. Washington Post

National Security

U.S. Just Misses Pakistan Taliban Chief . . . A pair of missiles fired from a drone slammed into a mud-walled compound killing at least a dozen people, but not the target. Wall Street Journal

Three Sought to Ship Nuclear Parts to Iran . . . Charged in scheme to smuggle sophisticated industrial components into Iran.
Los Angeles Times

Afghans Civilian Toll Jumped Last Year . . . But deaths caused by U.S. and allied forces dropped by nearly a third.
Wall Street Journal

Money

Google China Rebuke Highlights Cybersecurity Google’s threat to end its operations in China brought attention to reports of Chinese high-technology espionage.
New York Times

Court Shows Little Support for NFL Exemption . . . Supreme Court skeptical of exempting NFL from antitrust laws, a major goal of sports groups. Washington Post

Immunity Offered to Wall Street Insiders . . . SEC announces new policy to persuade insiders to cooperate with investigations.
Wall Street Journal

International

Haiti Despairs as Death Toll Mounts . . . Cries from victims entombed beneath concrete debris pierced the air of seemingly every street in Port-au-Prince.
Wall Street Journal

Quake Result of Bad Luck and Poor Planning . . . A massive, shallow eruption below a densely populated city with few, if any, building codes. Los Angeles Times

Israel Apologizes to Turkey Over Insult . . . Israeli official insults Turkish ambassador, resulting in firestorm. Associated Press

Warlord's Son Shot Bound Opponents . . . Andal Ampatuan Jr fired the first shots in Philippines massacre order from his father, court is told. Times of London

You Must Also Know . . .

Americans Decide They're Fat Enough . . . U.S. obesity surge may finally have reached a turning point.
Los Angeles Times

Teddy Pendergrass Dies at 59 . . . Was sex symbol of R&B in the '70s and '80s and then an inspirational figure after car accident left him paralyzed. Los Angeles Times

Andy Rooney is 91 and Still Going . . . Ask Andy Rooney about retiring and he responds with his own question: "Retire? From what? Life?" 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

"Just to make amends, I'm now demanding that the health care bill be written in Negro dialect."

- Senate Majority Leader Harry Reid

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

Guilty Pleasures

Mikey Lands on the Watch List
Since Michael Hicks was 2, he has been frisked and his family delayed at almost every airport they have entered.
New York Times

Hippo on the Run in the Balkans
Nikica bobs to the top of her flooded cage and swims to freedom.
Times of London

 

Top Sports

It's Brees vs. Warner in the Superdome
NFC divisional-round match between Saints and Cardinals showcases two quarterbacks with a lot in common.
USA Today

Kiffin Arrives at USC
Lane Kiffin rolled into his dream job at Southern California on a wave of promises and praise, vowing to run a squeaky-clean program even while fending off questions about his staff's first few hours on the job.
Sports Illustrated

 

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

Who do you support in the Jan. 19 election for the seat held by the late Sen. Edward Kennedy?

Scott Brown (R) 48%
Martha Coakley (D) 47%

Public Policy Polling Jan. 7-9

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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