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Cut to the News

 

Friday, January 15, 2009                      Make us your homepage

This Morning's Cut
Leading The News

Haitian Rescue Stalls Amid Chaos. . . Up to 50,000 may be dead. Despair builds as survivors plead for medical care. Wall Street Journal

Obama Unveils Bank Tax Proposes $90B tax, blasts Wall Street. Wall Street Journal

Mass. 'Tossup' Threatens Obama Agenda . . . Senate race loss would jeopardize health care reform and other domestic initiatives. Washington Times

Politics

politicMass. Senate Race National Model for GOP . . . GOP says race demonstrates potency of voters' antipathy for the Democratic health care legislation.
Boston Globe

White House, Labor Reach a Deal . . . Union members would get reprieve from tax on high-cost health insurance. Washington Post

Obama Gives House Dems Health Pep Talk . . . Dares GOP to use it as issue on the stump. Washington Times

Debate on Haitians' Refugee Status Begins . . . Obama must decide whether to grant temporary legal residence to illegal and legal visitors. Washington Times

Man Pleads Guilty to Obama Threat . . . Arkansas man admits he conspired in 2008 to kill dozens of African-Americans, including Obama. Wall Street Journal

Movement Tries to Take Over GOP . . . First fueled by anti-establishment anger, Tea Party activists are now trying to take over the establishment. New York Times

National Security

Chicago Man Indicted in Mumbai Attacks . . . Tahawwur Rana let David Headley travel as a official with his business to secretly scout attack sites.
Chicago Tribune

Obama Aid to Yemen Could Provoke Backlash . . . He risks tying the U.S. more closely to an autocratic ruler whose repression is helping al Qaeda. McClatchy Newspapers

Attack Kills 20 Afghan Civilians . . . A suicide bomber killed 20 people - including three children - Thursday in a market in central Afghanistan. Associated Press

Handling of Fort Hood Suspect Faulted . . . Pentagon says several Army officers should have taken action when Maj. Hasan was having problems. Los Angeles Times

Money

Justice Dept. Eyes Fraud on Wall Street . . . Probes whether financial firms defrauded investors with sale of risky mortgage securities.
McClatchy Newspapers

CFTC Proposes Curbs on Oil Speculation . . . Proposes restrictions on trading activities to prevent oil price runup.
McClatchy Newspapers

Anger Over Bonuses Resurfaces . . . Big banks will begin handing out huge bonuses despite administration's reform efforts.
Washington Post

December Retail Sales Down 0.3 Percent. . . Demand for autos, clothing and appliances all slipped. Associated Press

Blackberry, iPhone Makers Sued . . . Kodak will sue Apple and the maker of the Blackberry, over technology used in both of the handsets. BBC

International

Looting Starts in Haiti as Anger Boils . . . Survivors desperate for food attack aid warehouse in Port-au-Prince as aid agencies warn of rising anger.
The Guardian

Survivors Face Outbreak of Disease . . . Masses of the newly homeless clustering in public spaces without clean water or sanitation. Wall Street Journal

China to Ignore Google Censorship Demands . . . Beijing statement reminds all companies to abide by its controls of country’s cyberspace. Times of London

U.S. Probes China Cyberattacks on Google . . . Looking into whether China waged attacks on e-mail accounts of Chinese human rights activists. Washington Times

Polygamous Cult Leader Arrested in Israel . . . Goal Ratzon has 17 "wives" and 60 children. Suspected of enslavement.
Haaretz

You Must Also Know . . .

WHO Accused of Hyping H1N1 Threat . . . Critics claim agency colluded with makers of vaccine.
Toronto Globe and Mail

Leno Set to Take Back Tonight Show . . . NBC appears willing to let Conan O'Brien leave network and do new show elsewhere. Washington Post

Many Kids Missing Second H1N1 Dose . . . In some states, 80 percent under 10 lack flu defense. USA Today

Scott Ritter in Sex Sting Charges . . . Ex-UN weapons inspector is charged with unlawful sexual contact with a minor after being caught in an online sex sting. BBC

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

"In addition to assessing a $117 billion tax, I'm demanding that all Wall Street banker send me an email writing 1,000 times, 'I will not offer any more risky subprime mortgages.' And please, no cutting and pasting."

-Barack Obama

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

Guilty Pleasures

Floor Collapses Under Weight Watchers Group
Dieters forced to flee meeting room after the floor gives way beneath them at post-Christmas weigh-in.
Times of London

Beyoncé gives Gaddafi's son private £1.2m show
Guests at the exclusive gig included her boyfriend the hip hop artist Jay-Z, the R'n'B singer Usher, Hollywood actress Lindsay Lohan and the rock star Jon Bon Jovi.
Daily Telegraph

 

Top Sports

Arenas Reaches Plea Deal
Wizards guard is set to plead guilty to felony gun possession today; jail time could be avoided.
Washington Post

A Sports Emperor is Made
Stan Kroenke has built a portfolio of teams that makes him one of the most powerful people in sports.
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

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

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

 

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