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Cut to the News

 

Thursday, January 28, 2010                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Obama to Dems: 'Don't Head for the Hills' . . . In State of the Union, president vows not to give up his agenda. No sweeping initiatives, though.
New York Times

Geithner Defends AIG Payout . . . Says he takes "full responsibility, and great pride" in his decisions.
Wall Street Journal

Karzai: Transition Could Take Decade . . . Karzai said it could take up to 10 years for Afghan forces to take over from the U.S.-led coalition. New York Times

Politics

politicObama Mission: Jobs . . . A year after taking office with a broad mandate, president reframes his agenda around economic recovery, casting himself as the advocate of average citizens. Washington Post

Alito's 'You Lie' Moment . . . Justice Samuel Alito responded to Obama's criticism of a decision last week by appearing to mouth the words "not true." Washington Post

Pelosi Backs Path for Health Bill . . . Says the House should pass the Senate plan and use 'budget reconciliation' to make changes. Los Angeles Times

Bernanke Vote is Today . . . It appears he will get the 60 Senate votes need to be reconfirmed after battle to save him by Obama.
Reuters

O'Keefe Denies Wrongdoing . . . Lawyer for ACORN exposer denies he broke law at Landrieu's office, but allies begin to distance. USA Today

National Security

Afghans Engaged in Backdoor Talks . . . Afghan lawmakers held an unannounced meeting last week with relative of insurgent leader Hekmatyar.
McClatchy Newspapers

Bloomberg Wants Terror Trials Moved . . . He'd "very happy" if the trials of 9/11 planners were moved out of Manhattan, reversing his initial support. USA Today

Afghan Tribe to Fight Taliban for Cash . . . A large Pashtun tribe agreed to battle insurgents. U.S. will channel $1 million to development projects. New York Times

Money

Fed More Upbeat, Keeps Rates Low . . . Offers a slightly rosier economic outlook and said it would stop buying mortgages as planned in March.
Wall Street Journal

At Davos, Experts See Dip Ahead . . . Global economic recovery could lose pace later this year, dashing hopes for a rapid escape from the downturn. Wall Street Journal

Toyota Announces More Recalls . . . Analysts say automaker sacrificed quality for growth and got burned. Executives don't dispute it. Washington Post

Banks See Way Past Pay Limits . . . Behind the scenes, banks and securities firms are working hard to cushion the blow on employees over pay. Wall Street Journal

Ford Posts First Annual Profit in Four Years . . . Benefited from cost-cutting, debt reduction and popular vehicles like the Fusion and the Escape SUV. Associated Press

International

Iran Executes Two; Nine Others to Die . . . An apparent attempt to intimidate a widespread protest movement challenging the nation's hard-line establishment.
Los Angeles Times

Villepin Cleared of Plot to Smear Sarkozy . . . Acquittal a blow to French president amid accusations he has pursued vendetta against ex-foreign minister. Times of London

Zelaya Flies Into Exile . . . Manuel Zelaya flew out of Honduras as the swearing in of a new president raised hopes of an end to the political turmoil. Times of London

Girl Found Alive 15 Days After Quake . . . Darlene Etienne, believed to be 16 or 17, was dehydrated and had a broken leg but was conscious. The Guardian

A Day in the Life of a Haitian Tent City . . . The camp in Port-au-Prince arose on its own and needs aid. "You have to have faith," one resident says. Los Angeles Times

You Must Also Know . . .

One in Five Nursing Homes Poorly Rated . . . Medicare statistics reveal that a quarter-million patients reside in such facilities. USA Today

Shoeless Running May Spare Feet . . . People who run barefoot or with minimal shoes often land on their feet in a way that avoids jarring impact. Boston Globe

The Bear, the Lion, and the Tiger . . . The pals were raised together and now enthrall visitors at a Zoo in Georgia as they lark around together. Times of London

Elizabeth and John Edwards Separate . . . Her struggle to reconcile their 30-year marriage appears over. He expresses sadness. 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 think we all need to answer the president's call to create new jobs. I have. I'm putting a new addition onto my house."

- Sen. John Kerry

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

Guilty Pleasures

Cold Winter a Sign of Global Warming
Harsh cold weather shows how climate change disrupts long-standing patterns, report says.
Washington Post

Bio Details Warren Beatty's Conquests
Estimate of how many women Beatty has actually bedded: 12,775. Oh yeah, book also talks about his filmmaking, blah, blah, blah.
USA Today

Top Sports

Serena, Henin to Face Off in Australian Final
Andy Murray Reaches Men's final and is still hoping to achieve what no British man has done in more than 70 years — win a Grand Slam singles title.
Associated Press

Who Were the NFL's Top Performers?
With the dead week before Super Bowl XLIV upon us, USA TODAY dissects the 2009 regular season for all 32 teams and crowns an MVP for each.
USA Today

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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