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Cut to the News

 

Thursday, July 30, 2009                                             Make us your homepage

The New News

This Morning's Cut
The Leading News

House Moves Toward Deal on Healthcare . . . Waxman agrees with Blue Dogs on legislation. Senators cut$100 billion more from their bill. Washington Post

GDP expected to Grow in Fourth Quarter . . . Would mean official end to recession this year. First jump since Sept. 2008. USA Today

Nigerian Forces Storm Islamist Mosque . . . Troops storm compound of an Islamist sect blamed for days of violence, killing at least 100 militants. Associated Press

Politics

politic

Public Dissatisfaction Growing With Obama, Dems . . . Poll shows voter concern with their expensive and ambitious agenda.
McClatchy Newspapers

Support Slips for Obama Health Initiative . . . In a WSJ/NBC News poll, 42 percent called his plan a bad idea while 36 percent favored it.
Wall Street Journal

Justice Reversed Black Panther Case . . . Obama appointees forced career officials to drop case against Panthers for voter intimidation in 2008 election. Washington Times

House to Vote on Curbs for Executive Pay . . . The bill would give shareholders more say over how much money top executives make. Christian Science Monitor

Regulator Slams Obama Bank Plan . . . Says plan to give states more power to protect consumers would make it difficult and costly for large lenders to operate. Financial Times

National Security

Pyongyang Seizes a Boat From the South . . . Fishing vessel and its four-person crew grabbed after they strayed across the inter-Korean maritime border. Wall Street Journal

Iraq to Close Iranian Exiles' Camp After Attack . . . Tehran applauds actions, seen as possible effort by Baghdad to gain closer ties as U.S. begins to withdraw. Wall Street Journal

Pork-Laden Defense Bill Weighed . . . House is poised to give the Pentagon $6.9B in unwanted ships, planes, helicopters and vehicles.
Washington Post

News on the Money

Airfares Cheaper Than a Decade Ago . . . Ticket prices dropping at unprecedented rate even though carriers have slashed capacity.
Chicago Tribune

Shell Warns of Jobs Cuts as Profits Dive . . . Cheaper oil triggers 70 percent drop in quarterly profit. The Guardian

Yahoo-Microsoft Alliance Faces Obstacles . . . Executives at Yahoo and Microsoft acknowledge that building a search powerhouse will be a multi-year effort. Reuters

Older White Males See Jobs Fade . . . Aging Baby Boomers are suffering a harsh employment bust. USA Today

International

China Has 13 Million Abortions a Year . . . The real number is believed to be even higher since those carried out in rural clinics not counted. Associated Press

Moldova Vote Ousts Communists . . . Unseating of Europe’s last ruling Communist Party. Elections became test of whether nation aligns with E. U. or Moscow. New York Times

More Iran Protests on Tap . . . Opposition to defy ban and mourn slain Neda, a symbol of the resistance. Times (UK)

Human Rights Activists Stymied in Russia . . . Being a political critic in Russia is getting more dangerous by the day. Der Spiegel

Also Today. . .

Government Not Prepared for Swine Flu . . . Federal government isn't prepared for a potential outbreak of swine flu this fall, GAO concludes. McClatchy Newspapers

Baby Ripped From Womb is Found Alive . . . Woman arrested in the grisly Massachusetts killing and kidnapping that left the mother dead.
Boston Globe

Malaria Becoming Drug-Resistant . . . World Health Organization races to stop spread from southeast Asia of strain that could be “disastrous” for global malaria control. Bloomberg

It's Muffy! . . . Lost dog in Australia found after nine years and 1,200 miles away. Times (UK)

Today's Video

911 Caller in Gates Race Case Speaks Out . . . NBC

Visit msnbc.com for Breaking News, World News, and News about the Economy

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Me, the cop, the Prof - we're getting smashed. Forget about it!"

-Barack Obama

 

A note from our lawyers:

This is not a real quote.

 

Guilty Pleasures

Man Caught Having Sex With Horse
Stable owner holds him at gunpoint. Pleaded guilty last year to having sex with . . . the same horse. It's love.
Associated Press

Aeroflot Upgrading Its Stewardesses
It's a degrading trip back to the seventies, the era of the sexy stewardess. Does Aeroflot fly any domestic routes within the U.S.?
The Independent

 

Top Sports

Phelps Rebounds With Victory
Cruises to record in 200 meter butterfly and sets another mark with his 34th world record.

 

 

The Read on the news

The Stimulus is Sinking Health Overhaul

President Barack Obama is blaming Republicans, Washington inertia, fear of change, the insurance industry, and assorted other enemies for the stalling of his health care initiative.

And while his plans certainly do have real enemies, the stimulus bill that he helped craft - and that he could have shaped to a greater degree than he did - is an important part of the reason he's in the fix he's in today.

All agreed at the time it was approved early this year that some form of a federal stimulus to the economy was necessary. But with a price tag of $789 billion, the public expected a lot of bang for the significant buck . . .

Stimulus, Continued

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