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Cut to the News

 

Saturday, January 23, 2010                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Bernanke Nomination Threatened . . . Support for second Bernanke term ebbs as senators adopt populist, antibank stance. Wall Street Journal

Britain Raises Terror Threat Level . . . Raised to “severe” amid fears al-Qaeda is planning wave of attacks.
Daily Telegraph

Dems May Set Larger Health Goals Aside . . . Democrats considering moving legislation that does not provide universal health care. Wall Street Journal

Politics

politicGOP's Stealth Op in Massachusetts . . . GOP Senate campaign committee quietly funneled $1 million into the state for Brown during December.
McClatchy Newspapers

Obama's Economic Team Under Fire . . . Geithner and Summers incur flack from both the right and the left. Wall Street Journal

Abortion Back in the Spotlight. . . Thousands of pro-lifers rally on 37th anniversary of legalized abortion while abortion doctor killer stands trial. Christian Science Monitor

Bankers Will Fight Obama 'Fat Cat' Curbs . . . An army of Wall Street lobbyists prepare to repel Obama’s war against profiteering bankers. Times of London

Five States Where GOP May Do it Again . . . Arkansas, Nevada, Delaware, Pennsylvania and Colorado all could fall from the Democratic column. Christian Science Monitor

Court Ruling Limits Congress' Options . . . Obama wants to use Congress to fight campaign finance ruling, but he might not be able to do much. Christian Science Monitor

National Security

Obama Defends Bush Terror Policies . . . Continues to assert FBI can obtain phone records without any formal legal process or court oversight.
McClatchy Newspapers

Simulators Prepare Soldiers for Attack . . . Pentagon uses high-tech wizardry of the entertainment industry to train soldiers to deal with IEDs. New York Times

Canada's Man in Tehran Was CIA Spy . . . Diplomat praised for sheltering Americans during Iranian Revolution was "de facto CIA station chief." Toronto Globe and Mail

Biden Seeks to Rescue U.S. Withdrawal Plan . . . Pressures Iraqi leaders to reverse ban on more than 500 candidates in upcoming elections. Times of London

Cuba Allows U.S. To Overfly Territory . . . U.S. aircraft can fly to Guantanamo through Cuban air space, saving precious time in race to help Haiti. McClatchy Newspapers

Money

Goldman Under Investigation . . . Congress probes how the firm sold securities backed by risky home loans while it bet the bonds would lose value.
McClatchy Newspapers

Union Membership Drops Ten Percent . . . Largest decline in more than 25 years. Wall Street Journal

Frank Wants to Abolish Fannie, Freddie . . . Financial Services panel chair wants "a whole new system of housing finance."
Wall Street Journal

Can Apple Save Publishers? . . . Newspapers and magazines hope new computer will do for them what the iPod did for the music industry. The Independent

International

Two More Survivors Pulled From the Rubble . . . Ten days after the Haiti earthquake, a 22 year old man and elderly woman are saved.
Daily Telegraph

Obstacles to Recovery in Haiti Daunting . . . Poorest nation in the Western Hemisphere will not easily be rebuilt.
New York Times

New Intifada Feared . . . Some warn a new intifada could break out if progress isn't made soon on Israeli-Palestinian peace talks.
Christian Science Monitor

U.S.-China Relations hit Snag Over Web . . . Web censorship and alleged hacking by China have further soured relations between the nations. Los Angeles Times

Polanski Loses Bid Over Sentencing . . . Loses bid to be sentenced without having to return to United States.
Associated Press

You Must Also Know . . .

More Errors in UN Climate Report . . . Official refuses to resign over "stupid error" in glaciers report but says there may be other mistakes. Times of London

Blueprint for Genocide on Display . . . A project that started out developing organic herbs became the most horrific nightmare in human history. Times of London

War Deaths are Overestimated . . . Politics and fund-raising priorities often lead to overestimates of battlefield deaths.
Christian Science Monitor

Controversy Over Paris Concorde Crash . . . New evidence blames the airline and not debris plane hit on the runway.
The Guardian

Conan Signs Off . . . "Ladies and gentlemen, we have exactly one hour to steal every single item in this studio," O'Brien joked.
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 had to destroy the economy in order to save it."

-Federal Reserve Chairman Ben Bernanke

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

Guilty Pleasures

The Sexy Past of Sen. elect Brown and Wife
He had some hot modelling shots. She was foxy bikinin kitten in a bad 1980s Duran Duran wannabee video.
New York Daily News

Bristol Palin Vows No More Sex Until Marriage
Well it's a little late, but OK. Sarah says she should have talked to her more about the birds and the bees.
People

 

Top Sports

Vonn Wins Fifth Straight World Cup Downhill
Lindsey Vonn made it a perfect five wins in five World Cup downhills this season with another decisive victory Saturday.
Associated Press

The Jets' Ministry of Defense
A chenistry between a head coach and his defensive coordinator forged over cigars.
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

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

Which Woman Do You Admire Most?

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

USA/Gallup Dec. 11-13

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