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Cut to the News

 

Saturday, November 14, 2009                      Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Fury at Civil Trial for 9/11 Plotters . . . Legal problems too, like what kind of evidence can be raised against men who faced brutal interrogation? Los Angeles Times

Obama Has No Wish to 'Contain' China . . . On Asia trip, says he seeks a cooperative relationship with China. Los Angeles Times

Home Price Rebound Realtor group says prices will rise four percent in 2010. Associated Press

Politics

politicPalin Book Tour Builds on Web Strategy . . . Approach allows her to leapfrog traditional media and appeal directly to her dedicated fan base.
Wall Street Journal

Immigration Bill Teed Up for 2010 . . . Napolitano says it's time for Congress to pass legislation to legalize illegal immigrants.
Washington Times

Jefferson Sentenced to 13 Years . . . Ex-Louisiana congressman had hidden bribe money in his freezer. Washington Post

White House Backs the Fed . . . Warns bill by Sen. Dodd would harm bank oversight by removing power from the Fed.
Wall Street Journal

National Security

Illinois Prison May Be Next for Gitmo Inmates . Federal officials aim to purchase a correctional center in a rural area west of Chicago.
Los Angeles Times

Russian Afghan Supply Route Deal Not Done . . . Problems establishing war supply corridor over Russian airspace a problem for The Reset. New York Times

Taliban Gains Foothold in North Afghanistan . . . The tactics are familiar. Night letters warn village elders to cooperate or face death. McClatchy Newspapers

Morale Down in Afghanistan . . . Obstacles to getting mental health care cited in Army survey. Washington Post

Money

Ready for a Pay Cut? . . . Magnitude of job losses here and abroad poses a huge risk to the future compensation levels of those who are still employed.
Los Angeles Times

Japan Faces Fear of New Downturn . . . Government trying to prevent a double-dip recession as recent stimulus efforts are due to wane. Wall Street Journal

States Turn to Millionaire's Tax . . . They're struggling to make up revenue shortfall. So millionaires are moving. Wall Street Journal

Two Charged in Madoff Case . . . Allegedly helped swindler falsify records. New York Times

Get Madoff's Stuff . . . Remnants of the fallen financier's once lavish lifestyle are going on the auction block at a Manhattan hotel.
Associated Press

International

China: A Superpower Stirs . . . At a time when American prestige is fading, China's status is rising. Will it once again stride the world's stage?
Wall Street Journal

German Military Circa 2009 . . . Conflicts with Taliban demonstrate that the new German military is something Rommel wouldn't recognize. Wall Street Journal

Turtles Are Casualty of Warming in Costa Rica . . . Global warming may deal fatal blow to animal that has dwelt in the Pacific for 150 million years. New York Times

Growing Concern in Yemen . . . Shiite-led insurgency raises specter of proxy war involving Saudis and Iran, in heart of oil-rich region. Washington Post

You Must Also Know . . .

Arkansas Evangelist Sentenced to 175 Years . . . Tony Alamo, a self-proclaimed prophet, forced underage girls into sham marriages with him. Associated Press

Hasan is Paralyzed . . . The Fort Hood suspect, who is under guard in intensive care, has no feeling in his legs and might never walk again. Los Angeles Times

Hasan May Have Gotten Cash From Pakistan . .. Wire transfers and other communications raise red flags. Republican wants Congress to investigate. 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 to this portfolio or create a new one.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"When does Madoff get out? We could put him in charge of the budget. He has experience with Ponzi schemes."

-President Barack Obama

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

Guilty Pleasures

Oops, I did it Again!
Former Miss California - and moral values spokeswoman - Carrie Prejean has made seven sex tapes in addition to the one known, and has 30 nude photos to her name.
Radaronline.com

First Marijuana Cafe Opens in Portland
The Cannabis Cafe is the first to give certified medical marijuana users a place to get hold of the drug and smoke it. Reuters

 

Top Sports

No. 5 Cincinnati Edges West Virginia
Far from perfect, Cincinnati was good enough to stay unbeaten.
Associated Press

Woods Clings to Lead in Melbourne
Battles to a share of the lead after the third round of the Australian Masters Saturday as his rivals failed to capitalize on an off day for the world number one.
Reuters  

 

 

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

How Will You Vote in the 2010 House Elections?

Democratic 47%
Republican 42%

Pew Oct. 28 - Nov. 8

Should Congress Vote For or Against a Health Bill?

For 48%
Against 43%

Gallup Nov. 5-8

Will Health Reform Make Your Own Situation Better or Worse?

Better 26%
Worse 36%
Not Much Difference 31%

Gallup Nov. 5-8

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

 

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