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Cut to the News

 

Wednesday, January 27, 2010                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Toyota Halts Sales of Eight Models . . .Temporarily stops selling and building eight models in U.S. while it works on problem with pedal. New York Times

North and South Korea Exchange Fire . . . North says it was only conducting a drill. South sends warning shots back. Associated Press

U.S. in Joint Operation With Yemenis . . . Secret attacks in the past six weeks have killed scores, including six of 15 top leaders of al-Qaeda affiliate. Washington Post

Politics

politicObama to Admit First Year Missteps . . . In tonight's State of the Union, Obama will accept responsibility, though not necessarily blame, aides say.
New York Times

Obama to Push Education . . . President will propose major increase in schools funding, one of the few areas to grow in budget. Washington Post

Obama Plans Own Debt Panel . . . A bipartisan panel to press for tax increases and spending cuts failed in the Senate, but Obama may do his own. New York Times

Four Arrested for Landrieu Phone Tampering . . . One gained fame last year by secretly recording members of the community group Acorn. New York Times

National Security

US Wrestles With Taliban Olive Branch . . . Has begun grappling with whether to reconcile with those who sheltered Osama bin Laden, even as troops pour in.
New York Times

9/11 Panel Chiefs Fault Abdultallab Handling . . . Obama administration mishandled interrogation of the failed airline bomber, Kean and Hamilton say. Washington Times

Al Qaeda in Iraq Shifts Focus . . . Spate of bombings shows it has gone from insurgency to terrorist organization, general says.
Christian Science Monitor

Money

Geithner to Defend Bank Bailout and His Job . . . Obama's Treasury Secretary faces a rising tempest amid investigation of "backdoor bailout" of banks that dealt with AIG. Wall Street Journal

Worst Year for Airlines in 2009 . . . The year 2009 saw the biggest decline in air passenger traffic in the post-war era. BBC

U.S. Deficit to reach $1.35 Billion . . . But the total is not as bad as had been predicted. Wall Street Journal

International

Troops Surround Sri Lanka Opposition Chief . . . General contests election he lost to arch rival, the president, and is holed up in a hotel with his supporters. Times of London

Peru Tourist and Guide Killed by Mudslide . . . More than 1,500 tourists remain stranded in a flood zone near the Machu Picchu citadel. Associated Press

Haiti's Cruel Blow Festers . . . Two weeks after the earthquake, a wave of new infections and injuries has emerged. Boston Globe

Brit Calls for More Global Warming Honesty . . . Government's chief science adviser says impact of global warming exaggerated by some scientists. Times of London

China May Outlaw Eating of Dogs and Cats . . . Dog and cat meat consumption could end after growing pressure from animal rights activists. Daily Telegraph

You Must Also Know . . .

Will Apple's Tablet Transform How We Read? . . . The news will arrive in real time with tweets and blogs now available on the smart phone. McClatchy Newspapers

Avatar is Top-Grossing Film of All Time . . . How director James Cameron topped himself: he directed to previous money leader, Titanic. BBC

Drugs Inside Prisons . . . Smuggling, use, and dealing of drugs is hard to stop. Washington Times

A College Tradition Fades . . . Yearbooks are slowly disappearing from campuses as students' lives go online. Washington Post

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

"The State of our Union is . . . . damn, the teleprompter stopped."

-Barack Obama

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

Guilty Pleasures

Edwards Had Sex With Mistress on Marital Bed
She called him "love lips," according to new book by senator's former aide. They made a sex tape.
New York Daily News

A Lot of Liger to Love
Hybrid between a lion and a tiger has grown to a massive 900lbs.
Daily Telegraph

Top Sports

Noise Played Role in Saints' Victory
The crowd not only willed the exhausted Saints to victory down the stretch, but it also played a key role in one of the biggest plays of the game.
New Orleans Times-Picayune

Venus Out, Serena In
Serena Williams advances to Australian Open semis but Venus is ground down by Li Na. Federer moves forward too.
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

Which do you rate as a top priority for Congress and the president?

Economy: 83 %
Jobs: 81%
Terrorism: 80%
Social Security: 66%
Education: 65%
Medicare: 63 %
Health care: 57%
Helping the poor: 53%
Energy: 49%

Pew Research Jan. 6-10

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

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