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Cut to the News

 

Tuesday, October 27, 2009                             Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Al Qaeda Group Claims Iraq Bombings . . . Al Qaeda's umbrella group in Iraq said it did the bombings in Baghdad that killed at least 155. Wall Street Journal

Reid: Senate Bill Will Have Public Plan . . . Plan comes with an escape hatch that allows states to opt out. New York Times

Swine Flu Pushing Hospitals to the Limit Waves of swine flu patients doubling emergency room volume. USA Today

Politics

politicObama to Detail Spending on 'Smart Grid' . . . A $3.4-billion chunk will go toward grants to modernize the U.S. power system to more easily use renewable resources. Los Angeles Times

NY Race at Center of GOP Mutiny . . . Many conservatives reject party nominee in a special House election, leaving leaders to rethink the GOP's identity. Los Angeles Times

AARP's Hidden Stake in Health Reform . . . Group says reform is good for seniors but it also stands to make millions from plans being considered. Washington Post

Bush Behind a New Podium . . . The former president, relaxed and off-script, makes his debut as a motivational speaker.
Washington Post

Senate Hearing Kicks Off Climate Bill . . . Obama officials look to make case before the Senate for aggressive action to combat climate change. Washington Post

National Security

FBI is Slow to Translate Intel . . . Its collection of wiretapped phone calls and intercepted e-mail soars in recent years, but the bureau fails to review “significant amounts.” New York Times

Official Resigns Over Afghan War . . . Foreign Service officer leaves in protest of war he had come to believe simply fueled the insurgency. Washington Post

Iran to Accept Nuke Deal - But With Changes . . . Tehran will respond to the International Atomic Energy Agency (IAEA) deal within 48 hours. BBC

Castro's Sister Spied for the CIA . . . Juanita Castro, who now lives in Miami, said she had gathered sensitive information for the US for three years in the 1960s. BBC

Obama Won't Rush Afghanistan Decision . . . Speaking to soldiers, Obama said he would not risk their lives "unless it is absolutely necessary." BBC

Money

Former AIG Chief is Back . . . Maurice R. Greenberg’s new company may soon start to siphon off business from A.I.G., and, therefore, its means to repay its debt to the government. Wall Street Journal

Bill in the Works to Dissolve Failing Firms . . . Intent is to avoid bailouts so no taxpayer money would be spent, Dems say.
Washington Post

U.S. Teaches Homeowners to Spot Rescue Scams . . . Campaign launched to stop scammers preying on desperate borrowers nationwide. Reuters

Bankers Face Protests in Chicago . . . A top banking industry group defends the practices of banks while facing protests against Wall Street abuses. Reuters

International

Scientology Church Convicted of Fraud . . . French court convicts the Church of Scientology of fraud but stops short of banning the group from operating in France. BBC

Report: Palestinians Denied Water . . . Israel is denying Palestinians access to the basic minimum of clean, safe water, Amnesty International says. BBC

Tigers Dying Out Fast Despite Campaigns . . . Only 3,500 to 4,000 tigers now roam the world's forests, down from 100,000 a hundred years ago. Associated Press

You Must Also Know . . .

Kids Watch Over a Day of TV a Week . . . Ages 2 to 5 watch the screen for more than 32 hours a week and those ages 6 to 11 over 28 hours. Los Angeles Times

Pilots Were Working on Laptops . . . Two Northwest Airlines pilots say they were distracted when they overshot the airport. Washington Post

Short on Vaccine and Answers . . . Officials blame drug makers and the vagaries of science for faulty projections on doses for H1N1. Washington Post

Story of Fatal Sweat Lodge Unfolds . . . James Arthur Ray is a primary focus of a homicide investigation into three deaths.
USA Today

Chimps Morn Pal's Passing . . . A family of grief-stricken chimpanzees mourn the death of a fellow ape. Daily Sun

Cut to Your Stocks

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Today's Quote

"All this stuff about Obama having to mop up my mess - I mean, it wasn't so bad. Probably a Dust Buster will do the trick."

- George W. Bush

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

Guilty Pleasures

Teen Chick Robbery Ring Busted
Police allege that the friends, fascinated by Hollywood fashion, would case the stars' homes and then break in, taking clothing and jewelry.
Los Angeles Times

Man Stages Over 100 Car Crashes in Scam
A Briton who cost the insurance industry some 1.6 million pounds by staging almost 100 car crashes as part of a scam to win fraudulent payouts was jailed for 4-1/2 years.
Reuters

Top Sports

Eagles Flatten Redskins
The cloud darkens around Skins coach Jim Zorn as the team racks up another loss.
USA Today

NBA Pinches and Scrimps
The downturn is forcing the NBA to cut back. Beyond administrative cuts, such as holiday parties, some teams are curtailing scouting and paring their rosters.
Wall Street Journal

NFL Dementia Study Has Flaws
Study showing increased risk is fraught with statistical, systemic and conflict-of-interest problems, according to many experts.
New York Times

 

BLOG

The Read on the news

Obama's Health Care Gamble

President Barack Obama's health care overhaul initiative, now in the endgame on Capitol Hill, may imperil his reelection effort and Democratic control of Congress if it passes. Health reform, in the way it's being done, is a big, bad turnoff to large swaths of voters he and the Democrats need.

Lets start with seniors. To pay for its proposal, the most moderate of the bills - that of the Senate Finance Committee - slashes billions from Medicare. The administration calls this wasteful Medicare spending. Of course, not everyone agrees. Some seniors will not like the cuts, and Republicans will be there to tell them why they shouldn't.

But even if Obama is right about the programs he is reducing, Medicare is going broke. If "wasteful" cuts are used to help pay for health reform, there's fewer spending reductions left to help save the program.

Obama's Gamble, cont'd

The Latest Polls

Why is the Earth Warming?

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

Pew Research; Sept 30-Oct 4

Do You Have a Favorable Opinion Of . . .

Michelle Obama: 61%
Barack Obama: 55%
Joe Biden: 42%

USA TODAY/Gallup; Oct. 16-19

Will You Get the Swine Flu Vaccine?

No: 62 %
Yes: 33%

Wash. Post/ABC Oct. 15-18

Do you approve of the job Obama is doing?

Yes: 57%
No: 40%

Wash. Post/ABC Oct 15-18


Do you support a 'public option' for health care reform?

Yes: 57%
No: 40%

Wash. Post/ABC Oct 15-18

 

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