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Cut to the News

 

Saturday, January 30, 2010                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

U.S. Drops Plan for New York 9/11 Trial . . . Obama administration bows to pressure to move trial of Sept. 11 plotters from Manhattan. New York Times

Economy Surges . . . U.S. GDP grows at 5.7 percent rate in fourth quarter, the best in six years, but economists don't expect it to last.
Los Angeles Times

Blair on Iraq: I'd Do it Again . . . Tony Blair branded a murderer and liar after ending his appearance before Iraq inquiry with a refusal to voice any regrets. Times of London

Politics

politics newsObama and GOP Vent Politely . . . Obama attended a House Republican retreat for a robust debate on policies and politics with the opposition.
New York Times

Obama to Propose Tax Hike for High Earners . . . Would let Bush tax cuts expire for those making more than $250K a year.
McClatchy Newspapers

Obama Offers Tax Credits for Small Biz . . . A $5,000 tax credit for each new employee hired this year. McClatchy Newspapers

ACORN Foe Was 'Investigating' Landrieu . . . Wanted to probe complaints constituents calling office couldn't get through. He's out on bail. Associated Press

National Security

national security newsChina Suspends U.S. Military Exchanges . . . Ties further strained with latest move, a protest over $6.4 billion in U.S. arms sales to Taiwan.
Associated Press

Will the Taliban Talk? . . . Like past failed attempts, it is unclear who from Taliban is at the table and whether they have a leader's blessing. Toronto Globe and Mail

Obama Seeks Nuclear Weapons Spending . . . Wants an additional $5 billion to safeguard the arsenal as whittles it down. McClatchy Newspapers

Four Afghans Dead in Friendly Fire Incident . . . Minister condemns action of NATO-led coalition forces, wants perpetrators punished. Washington Post

U.S. Missiles Kill Nine Taliban in Pakistan . . . But a suicide bomber killed 16 at a police checkpoint in a northwest Pakistani tribal area. Associated Press

Money

business newsObama: Deficit Could Jeopardize Recovery . . . President renews his pledge to make job creation his top priority in 2010 but said it was also critical to rein in a record budget deficit
Reuters

Stocks Post a Losing January . . . Dow Jones industrials fell 53 points Friday to close the month down 3.5 percent, despite strong GDP number. Associated Press

Jobless Turn to Family for Help . . . Many have turned to a patchwork quilt of family members and friends to stave off eviction or cover a bill. New York Times

International

international newsHaiti Revival is Decades Away . . . UN says bleak outlook extends for decades to come and fears a health calamity when rainy season starts.
The Guardian

Cost Dispute Halts Airlift of Haiti Victims . . . U.S. suspends its evacuations until dispute over who will pay for their care is settled.
New York Times

EU Seeks to Calm Fears About Greece . . . Officials seek to quell rumors of a pending bailout for Greece, insisting country can avoid debt crisis. Washington Post

Another Unsung Death on the Nile . . . Struggling to make ends meet, Samir Asar took his life. It is just one tale of Egypt's desperately poor delta area. Los Angeles Times

You Must Also Know . . .

today's newsAbortion Foe Guilty in Doctor's Killing . . . Jurors convict Scott Roeder of murdering George Tiller, who performed late term abortions. New York Times

Climate Chief Knew of Glacier Report Flaws . . . Waited two months before admitting IPCC's claim about melting Himalayan glaciers was false. Times of London

Stress Hormone Linked to Alcoholism . . . Blocking it could become a strategy to help stop the addiction in people.
USA Today

Hand Held Cell Phone Ban Fails . . . Traffic crashes did not drop after bans, but it may be because people witched to hands-free, which are not safer. 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

"It's nice to see all you Republican bitches. I hope we can work together as well this year as we did last year."

- President Barack Obama

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

Guilty Pleasures

weird news

Edwards Used Heiress to Fund Coverup
As much as $700,000 gotten from Rachel "Bunny" Mellon - what the Edwards camp called "Bunny money" - to help cover the expenses of Rielle Hunter and Andrew Young, the aide who claimed to be the dad.
Raleigh News & Observer

Bin Laden Blasts U.S. for Climate Change
Terrorist leader, who himself is leaving only a small carbon footprint in his cave, says the only way to prevent disaster is to break the American economy, calling on the world to boycott U.S. goods and stop using the dollar.
Associated Press

 

Top Sports

Williams Outlasts Henin to Win Australian
The three-set thriller showcased Serena Williams’s big serve, ballistic forehand and unquenchable will to win as she turned back Justine Henin.
New York Times

Washington Capitals Win Ninth Straight
Washington Capitals picked up their ninth straight victory with a 4-1 triumph over the Florida Panthers, but star defenseman Mike Green is injured.
Washington Post

 

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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