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Cut to the News

 

Sunday, November 1, 2009                             Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Karzai Opponent Drops Out of Runoff . . . Afghanistan's election is thrown into confusion after Abdullah says he will pull out next week. BBC

Six Bodies Found in Cleveland Rapist's House . . . Massive police manhunt ends in arrest of Anthony Sowell, suspected serial killer.
Cleveland Plain Dealer

Clinton Hails Israel Concessions Secretary of State Hillary Clinton praises Netanyahu's offer on settlements, but Palestinians so far remain unmoved.
Washington Post

Politics

politicRepublican Abandons New York Special . . . Election to fill seat in New York's 23rd district now looks like lock for Conservative Party candidate.
New York Times

New Jersey Governor's Race Heats Up . . . Democrat Jon Corzine may pull an upset and win reelection. Los Angeles Times

Trick or Treat at 1600 Pa. Avenue . . . Government handout! First lady was dressed as a leopard.The president was dressed as a middle-aged dad. Washington Post

Ex-NY State Senate Leader in Corruption Trial . . . For more than a decade, Republican Joseph L. Bruno was a top power broker in New York. Washington Post

Obamas Fail to Charm All . . . As political woes mount, rumors circulate that the Obamas are using their private life as diversion from political realities. The Times (UK)

National Security

Pakistan Closes in on Taliban . . . Pakistani soldiers closed in on two major Taliban strongholds in South Waziristan as government jets pounded insurgent hideouts. Associated Press

Eight Arrested in Attack on UN Staff . . . The number includes one in Saudi Arabia, all in connection deadly attack on Afghan guest house. Associated Press

Uighurs in Paradise. . . Former Gitmo detainees settled in Palau. China wants them to be returned to them. BBC

Money

How Goldman Secretly Bet on Housing Crash . . . Sold $40 billion in securities backed by risky mortgages but didn't tell investors it bet their value would plummet.
McClatchy Newspapers

Delaware Most Secretive Bank Center . . . Beats Luxembourg, Switzerland, and the Cayman Islands as quietest place to put your money. Reuters

Union Rejects Ford Deal . . . Ford's rank-and-file union members rejected a concessions agreement, dealing a blow to United Auto Workers leaders. Wall Street Journal

Chrysler Confirms New Buyouts . . . Chrysler will give buyout offers to about 23,000 hourly workers as the auto maker continues trimming jobs. Wall Street Journal

Geithner: Recovery Going to Take a While . . . says the U.S. economy has suffered a lot of damage and it's going to take time before it fully recovers. Associated Press

International

Maoist Rebels Widen Reach in India . . . Indian Maoists, once dismissed as ragtag ideologues, have evolved into a potent and lethal insurgency.
New York Times

Russian Cargo Jet Crash Kills 11 . . . Crash was second in less than a month to involve an Il-76, mainstay of Soviet and Russian air force since the 1970s. Associated Press

Stasi Files Cast Shadow . . . East German files expose web of betrayals in which millions of Germans provided reports on friends, family and lovers. Reuters

You Must Also Know . . .

Tighter Belts Means Thicker Wastes . . . Many turn to cheaper fare to balance their budgets, like fast food and canned processed foods. Wall Street Journal

How to Avoid H1N1 and What to do if You Get It Andrew Pekosz, molecular microbiologist, answers questions about swine flu. Washington Post

Homeless Carted Off for World Cup . . . South African cities plan to create "camps" to house thousands of poor away from stadiums during 2010 World Cup. The Times (UK)

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 to this portfolio or create a new one.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Of course it's possible to "create or save" a job. Obama told me that he created mine, and that if I stop talking in public I can save it."

-Vice President Joe Biden

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

Guilty Pleasures

Marathon Cheats
Each year about 400,000 runners finish marathons in the U.S., and hundreds are disqualified, many for looking for a shortcut to the finish.
New York Times

Andre Agassi Blames Toupee for 1990 Lose
Tennis champ Andre Agassi regularly wore a toupee during matches to mask his baldness, and he claims it caused his defeat in his first Grand Slam final.
New York Daily News

Resting Place for Die-Hard Fans
By choosing to have ashes scattered at their favorite sports venues, enthusiasts ensure lifelong passions don't end with death.
Washington Post

Top Sports

Yankees Top Phillies to Take 3-1 Lead
The Yankees came back strong against the Phillies powered by 3 NY homers for an 8-5 win. A-Rod leads the barrage.
New York Times

No. 12 Oregon Dumps No. 4 USC 47-20
Worst loss for USC since 1997. Jeremiah Masoli threw for 222 yards and a touchdown and ran for 164 more yards with another score.
USA Today

 

BLOG

The Read on the news

Obama's Health Care Reform: Thanks for the Memories

Senate Majority Leader Harry Reid of Nevada has decided that the Senate health bill will include a government insurance option. President Obama had made it clear that he didn't have to have it, and no wonder. It is very hard to see how a bill including the a public option can get the 60 votes needed to break a filibuster.

Democrats have 60 votes, of course, if you include Independent Joseph Lieberman of Connecticut. But he is already making noises that he can't support the public option. Republican Olympia Snowe of Maine, the only Republican in the whole entire Congress who seemed inclined to side with the Democrats, won't support the version Reid is touting.

Other Democrats from conservative or moderate states like Nebraska, North Dakota, Missouri, Virginia, Louisiana and Arkansas will back the idea mainly if they're ready to end their political careers. Whether it's good policy or not is besides the point. The politics don't seem to add up.

Thanks for the Memories, cont'd

The Latest Polls

Virginia Governor

McDonnell (R) 54%
Deeds (D) 44%

Daily Kos Oct. 26-28

New Jersey Governor

Corzine (D): 40%
Christie (R): 39%
Daggett (I): 14%

Zogby Oct. 27-29

New York City Mayor

Bloomberg (R): 53%
Thompson (D): 42%

SurveyUSA Oct. 28-29

New York 23 Special Election

Owens (D): 36%
Scozzafava (R): 20%
Hoffman (Conservative): 35%

Siena Oct. 27-29

Do You Approve or Disapprove of Job Obama is Doing?

Approve: 51%
Disapprove: 42%

Wall Street Journal/NBC Oct. 22-25

Is Obama's Health Plan a Good Idea or a Bad Idea?

Good idea: 38%
Bad idea: 42%

Wall Street Journal/NBC Oct. 22-25

Why is the Earth Warming?

Human Activity: 36%
Because of Nature: 16%
Earth is not Warming: 33%

Pew Research; Sept 30-Oct 4

 

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