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Cut to the News

 

Sunday, October 31, 2009                             Make us your homepage

Top Breaking News

This Morning's Cut
Leading The News

Karzai Challenger Will Boycott Election . . . Abdullah's decision follows breakdown in talks on how to fix the country's electoral crisis. Associated Press

Obama Seeks Options for Sending Fewer to War . . . Obama asks for alternatives to his commander's request for 40,000 new troops in Afghanistan.
Washington Post

Dow Sinks 250 and is Flat for October . . . A reaction to news spending fell 0.5% in September while consumer confidence slips in October. Wall Street Journal

Politics

politicWhite House Shows Guest List . . . Oprah Winfrey, George Clooney and Denzel Washington, prominent Democratic fundraisers and business heavyweights among those landing visits. Associated Press

White House Touts 1 Million Jobs from Stimulus . . . Number of jobs created or saved is based on reports by recipients, prompting skepticism. Los Angeles Times

GOP Challenges Cost of Health Bill . . . Republicans are correct in saying it will cost $1 trillion instead of $894 billion Dems claim.

CBO Sizes Up House Health Plan . . . Only six million would enroll in public plan and premiums would typically be higher than those for private plans. Wall Street Journal

Senate Deal on Protection of News Sources . . . Judges would be left to decide if public interest favors protection of sources.
New York Times

Obama Lifts Ban on Entry of HIV Positive People . . . Fulfills promise made to gays to eliminate restriction he said was “rooted in fear rather than fact.” New York Times

National Security

Clinton Demurs on Mediating Kashmir Conflict The decades-old conflict between Pakistan and India has fueled a nuclear-arms race in South Asia.
Wall Street Journal

Bush Warns on Taliban Takeover . . . Former President George W. Bush warned Saturday that "the world would face serious threats." Associated Press

Cheney Sites Faulty Memory on Plame . . . Told investigators in 2004 he had no idea who revealed to reporters that Valerie Plame worked for CIA. Associated Press

Clinton Faces Tough Questions on Drones . . . Confronted repeatedly by Pakistanis Friday as she ended a tense three-day tour of the country. Associated Press

Money

Lapses Kept Scheme Alive, Madoff Says . . . No one was more surprised that the SEC missed Madoff’s enormous Ponzi scheme years ago than Madoff himself.
Wall Street Journal

Gas Rising as Holidays Near . . . Gas averaged nearly $2.70 a gallon Friday, the highest of the year. Associated Press

Opposition Splitting on Financial Overhaul . . . Interest groups make their own deals to avoid the new rules. Wall Street Journal

International

New Mideast Peace Push Planned . . . Secretary of State Clinton set for talks with Palestinian and Israeli leaders to try to unblock the peace process.
BBC

Pirates Demand $7M for Couple's Release . . . Sum demanded by Somali captors likely beyond the resources of British family, but may open up negotiations. The Times (UK)

Fresh Storm Batters Philippines . . . The fourth storm in a month to hit the Philippines brings heavy rain and winds to the east, killing at least seven people. BBC

Fifteen Shot Dead at Mexico Ranch . . . Killings on a remote ranch in northern Mexico, with a prominent union leader among the dead. BBC

Secret Mission Rescues Yemen's Jews . . . Clandestine op brings some of Yemen's last Jews to America to escape rising anti-Semitic violence. Wall Street Journal

You Must Also Know . . .

CDC Says 19 Children Died of H1N1 Last Week Total is 114 since beginning of the pandemic. In normal flu season, 40 to 50 children die. Los Angeles Times

Walmart Offers Coffins . . . Superstore chain a threat to traditional funeral directors, but industry insists it cannot be beaten on personal service. The Times (UK)

The River to School . . . Children in the Indonesian jungle navigate a river with giant barges, invisible logs and deep currents. And crocodiles and snakes. Los Angeles Times

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

"Mr. President, I just thought I'd mention that I used to teach a class at the Army War College on wartime decision making. It was called, 'Shit or Get Off the Pot.'"

- Gen. Stanley McChrystal

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

Guilty Pleasures

Eat Fido!
Stewed Dog, Wedding Style: First, kill a medium-sized dog, then burn off the fur over a hot fire. Carefully remove the skin while still warm and set aside for later (may be used in other recipes).
Wall Street Journal

The Naked Pumpkin Run May End
Scores of men and women pour into Boulder's downtown streets for a late-night jog, wearing not a stitch between the jack-o'-lanterns on their heads and the sneakers on their feet. It may be illegal.
Wall Street Journal

Twitter Seance Contacts Michael Jackson
The Tweance, the Twitter séance, has reported that Michael Jackson is “at peace”, and Kurt Cobain thinks Dave Grohl is a good drummer.
Daily Telegraph

 

Top Sports

Back Room Deal for Beijing 2008 Olympics
China promised to support the candidacy of Belgian Jacques Rogge as head of the International Olympic Committee in return for his support of Beijing's Olympic bid, former Chinese official alleges.
Los Angeles Times

Is NFL Giving Players a Pass on Gay Slurs?
When Chiefs running back Larry Johnson used an antigay slur on his Twitter account and in the locker room this week, he struck a nerve.
McClatchy Newspapers

 

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

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

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

 

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