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Cut to the News

 

Tuesday, November 10, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Alarm Over Health Bill Costs Economists say they can't know whether the bills would meet cost-cutting goals - or even come close. New York Times

Afghan Surge to Begin in January . . . Obama likely to add tens of thousands more forces, though maybe not quite the 40,000 McChrystal wants. Associated Press

Hasan's Contacts With Imam Were Probed . . . But investigators failed to follow up. He exchanged 10-20 emails with radical cleric in Yemen. Washington Post

Politics

politicHouse Health Bill Could Cost the Young . . . Bill limits insurers' ability to charge more for older recipients, which could force them to raise premiums for the young.
Wall Street Journal

White House Lowers Goals for Asia Trip . . . Says Obama isn't likely to have concrete achievements on tough issues during four nation swing. Wall Street Journal

Obama Uncomfortable With Abortion Provision . . . Wants changes in House health bill language restricting abortion coverage under public option. ABC News

Dodd to Unveil Financial Reform Bill . . . In a departure from the Obama agenda, Sen. Dodd will call for centralizing bank supervision in one agency. Washington Post

National Security

Hasan Warned of Threats From Muslims . . . Said Muslims should be released from military as conscientious objectors - or an incident might occur. Washington Post

Fort Hood Shooter is Conscious . . . And Hasan is talking, but military won't say if he's been interviewed yet. New York Times

Arab, Kurd Commanders Look to Cooperate . . . Talks offer hope that one of Iraq's most difficult ethnic divides may be narrowing.
Wall Street Journal

Iran Charges Three Americans With Spying . . . Secretary of State Hillary Clinton said there was no evidence to back the charges against hikers. Reuters

Money

Credit Card Customers Get the Squeeze . . . Even the best cardholders are seeing their interest rates rise and credit lines cut as financial firms struggle to make money. New York Times

Madoff Investor's Death May Aid Victims . . . Madoff's victims' trustee seeks to claim Jeffry Picower's assets, saying money he made was a fraud. New York Times

When the Severance Pay Runs Out . . . Unemployed who have used severance pay and savings to maintain lifestyles are still out of work. Wall Street Journal

EU Objects to Sun-Oracle Deal . . . Concerns the merger would hurt competition in the database market. Wall Street Journal

Dow Surges to 13-Month High . . . Rises as world finance leaders pledge to maintain fiscal stimulus until an economic recovery has been assured. Washington Post

International

Korean Naval Ships Clash at Sea . . . Both ships Are hit. North Korean vessel badly damaged. South Korea claims ship from North crossed ocean border.
Reuters

Palestinian Authority May Collapse . . . President Mahmoud Abbas intends to resign and others may follow. New York Times

Russian Rights Groups Face Eviction . . . The notices come amid increasing harassment of rights workers.
Los Angeles Times

You Must Also Know . . .

D.C. Sniper to Die Tonight . . . His attorneys, who have grown to like him, will be there to see him off.
Washington Post

Hurricane Ida Drenches Gulf Coast . . . But late season storm has lost much of its punch, and residents decide to weather it. USA Today

Joe Jackson: Show Me Michael's Money . . . Jackson omitted his dad from his will. He wants some cash anyway.
Associated Press

Website With Celebrity Addresses Scrutinized . . . A member of an alleged burglary ring used it to case the homes of young Hollywood stars. Los Angeles Times

New Swine Flu Victim: Blood Supply . . . People are afraid to donate and questions are raised about whether virus can be spread through blood. Wall Street Journal

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

"I thought they were talking about the Great Wall of China and so I said, 'Sure, tear it down, what do I care?' What screw up."

-Mikhail Gorbachev

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

Guilty Pleasures

Kidman, Paltrow to Play Husband and Wife
Pair will star in a new film about the world's first post-operative transsexual.
Daily Telegraph

Vatican Joins Search for Space Aliens
The Vatican's Pontifical Academy of Sciences is holding its first ever conference on alien life, the discovery of which would have profound implications for the Catholic Church.
Daily Telegraph

Top Sports

Steelers Roll Over Broncos
Carter fills in for Clark at safety and nabs two interceptions, sparking Steelers to a 28-10 victory, their fifth straight.
Associated Press

Kareem Abdul-Jabbar Has Leukemia
Says he is going public to counter the idea that it is a death sentence.
New York Times

Cada is Youngest Poker World Series Winner
Joe Cada's parents weren't happy when he dropped out of college to become a poker pro. Early today, they were elated when at age 21 he became the youngest champion ever.
USA Today

 

BLOG

The Read on the news

The Rorschach Election

One thing to remember about the 2009 election results is that may mean something important, they may not mean too much, or they may not mean anything at all. In fact, they can mean whatever you want them to!

Forget all the polls which showed that people were concerned with the economy and that Obama was not a factor in their votes. He was. There was an overwhelming shift to the Republicans in both Virginia and New Jersey, and it is certain that the Democratic president was lurking somewhere in these voter's minds.

And the victory dance Democrats are doing over their win in New York's 23rd district is either an attempt to delude or a self-delusion.

The Rorschach Election, cont'd

The Latest Polls

Among GOP Prospects, Who Would You Seriously Consider Supporting for President?

Huckabee 40%
Romney 39%
Palin 33%
Gingrich 29%
Pawlenty 18%
Barbour 15%

USA Today/Gallup Oct.31-Nov.1

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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