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Tuesday, August 4, 2009                                             Make us your homepage

The New News

This Morning's Cut
The Leading News

Bill Clinton in North KoreaBill Clinton on North Korea Mission . . . Is in the country to try to free U.S. journalists. Reuters

White House Counsel's Job at Stake . . . Greg Craig under fire for failure to manage the political issues stemming Obama's decision to close Guantanamo. Wall Street Journal

Republicans Closing Gap in Polls . . . Republicans are expected to make gubernatorial and congressional gains in the 2009-10 election cycle.
Washington Times

Politics

politicObama Gives Drug Lobby Seat at the Table . . . Industry puts some money on the table and says it gets pledge from Obama not to change Medicare drug policy. Chicago Tribune

Without Senate OK, Clunker Program Ends Friday . . . Uncertain if Senate will ratify $2 billion in additional funds passed by the House.
Associated Press

New GI Bill to Give Vets $78B in Tuition Benefits . . . Could offer some Iraq and Afghanistan veterans full tuition at a public college for four years. Los Angeles Times

Senate Set to Begin Sotomayor Debate . . . The NRA is urging senators to vote against the Supreme Court nominee. But her confirmation looks certain. Los Angeles Times

Obama Tough on Illegals . . . Despite early pledges, the administration is aggressively pursuing illegal immigration. New York Times

Snaring the Lion of the Senate . . . Getting Ted Kennedy's endorsement proved crucial to Obama's fight against Hillary Clinton.
Washington Post

National Security

Obama Cybersecurity Czar Leaves . . . Melissa Hathaway, who completed cybersecurity review in April, says she is leaving for personal reasons. Wall Street Journal

Eighth Terror Suspect Named in NC Plot . . . North Carolina man arrested in Pakistan is part of locally hatched plot to commit acts of terrorism abroad. Raleigh News & Observer

Afghanistan Attacks Show Militants' Reach . . . Violence in once-calm west and north complicate preparations for Aug. 20 elections.
Christian Science Monitor

Taliban Rockets Hit Kabul . . . A clear warning they plan to make good on threats to violently disrupt the upcoming presidential election.
Wall Street Journal

News on the Money

BofA to Pay $33M to Settle With SEC . . . Would settle allegations that Bank of America misled investors about bonuses paid to Merrill Lynch & Co., executives. McClatchy Newspapers

Gasoline Prices in the Rise at a Bad Time . . . Escalating oil and fuel prices could hurt the U.S. and global economies, slowing the pace of recovery. Los Angeles Times

UBS Posts $1.3B Quarterly Loss . . . Third in a row for Switzerland’s biggest bank. Blames costs linked to its reorganization program.
New York Times

White House Says It's Not Raising Taxes . . . Walks back suggestions by officials on Sunday talk shows that middle class tax increase possible.
Washington Times

International

Australian Police Foil Terrorist Attack . . . Police say they have foiled a mission by Islamic terrorists to launch a suicide shoot-out on a military base. Sydney Morning Herald

U.S. May Soften Sanctions Against Sudan . . . Special envoy says the Khartoum government has shown a willingness to work toward stabilizing the Darfur region. McClatchy Newspapers

Iran Questions Detained U.S. Hikers . . . Has charged them with illegal entry into the country. New York Times

Also Today. . .

Jackson's Mom Gets Permanent Custody . . . Debbie Rowe, mother of the two older children, will retain visitation and legal parental rights.
Los Angeles Times

Get Your Omega 3 . . . Fatty acids found in fish oils can help protect against heart attacks and should be taken daily by everyone, compelling new research shows. Daily Telegraph

U.S. Anti-Depressant Use Doubles in a Decade . . . But the number seeing psychiatrists continues to fall. USA Today

Giant Particle Collider Fizzles . . . After 15 years and a showy “switch-on” ceremony, the Large Hadron Collider is riddled with bad connections.
New York Times

Today's Video

Michael Jackson's Home Videos . . . CNN

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Bill is where??"

-Secretary of State Hillary Clinton

 

A note from our lawyers:

This is not a real quote.

 

Guilty Pleasures

Skin Doc Weighs in on Jackson Kids
Allen Klein objects to Katherine Jackson's custody. Why? Is it because he's their father?
Times (UK)

Women Superglue Man's Penis
A married man who planned a motel tryst with one of his several lovers was instead ambushed by four of them, including his wife. They past it to his stomach.
The Independent

 

Top Sports

Brady Returns to the Pats
The New England Patriots' quarterback believes a sense of renewal can help him return to lofty heights.
USA Today

 

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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