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Thursday, August 6, 2009                                             Make us your homepage

The New News

This Morning's Cut
The Leading News

Pittsburgh Shooter Planned Killings for Months . . . George Sodini's online diary reveals he he hated women, family.
Pittsburgh Post-Gazette

Administration Might Remake Mortgage Giants . . . Considers overhaul of Fannie Mae and Freddie Mac that would strip them of troubled loans. Washington Post

Town Hall Mayhem . . . Lawmakers find themselves besieged by activists around the country as they return home for recess. Boston Globe

Politics

politic

Obama Rallies Town Hall Counterprotestors . . . "We've got to get out there," he says in an email to supporters.
Washington Times

Cash for Clunkers en Route to Senate . . . Reid threatens to defer recess in the face of GOP opposition. Washington Times

A Move Closer to a Health Package . . . Senate negotiators inch toward bipartisan agreement on a plan that seeks middle ground.
Washington Post

Jefferson Guilty on 11 Counts . . . Jurors find Louisiana Democrat guilty of using congressional office as a criminal enterprise.
Washington Post

National Security

Roadside Bomb Kills 21 Afghans . . . Police say women children among the dead. Group was traveling to a wedding. The Guardian

Broader Issues on the Table in Pyongyang . . . Kim Jong Il drew Clinton into wide-ranging discussion of security and regional issues.
Wall Street Journal

Wait and See on North Korea . . . Unclear if Clinton visit will produce more talks. A chance to assess Kim, though. White House to debrief Clinton Friday. McClatchy Newspapers

Why Two Russian Subs Off the U.S. Coast? . . . Pentagon doesn't know. Russian military appears to be flexing its muscle.
Christian Science Monitor

Drone Kills Wife of Pakistani Taliban Leader . . . US and Pakistani forces home in on Baitullah Mehsud with missile in South Waziristan. Christian Science Monitor

News on the Money

U.S. Probes Goldman Sachs Pay Practices . . . Investigation focuses on lavish bonuses. Los Angeles Times

Former AIG Chief Faces SEC Suit . . . Had been ousted after 38 years recently amid allegations of accounting fraud. Bloomberg

Judge Refuses to Accept BofA Settlement . . . Says it may be unfair to the public. Would resolve SEC allegations made false statements to shareholders about bonuses. Reuters

Job Options Narrow . . . Formerly high-earning workers with skills and education faced with bad choices, forcing them to accept new jobs, remote locations and lower salaries. Reuters

Rate of Homeowning Plunges . . . Forecast to tumble in the next decade to lows not seen since the 1980s. USA Today

International

Iraq's Assyrian Christians Flee . . . Ancient group of orthodox Christians leave ancestral home among Arabs and take up residence in Kurdistan.
McClatchy Newspapers

Swine Flu Sweeping Argentina . . . Dramatic surge in number of fatalities reported, though authorities hope epidemic may now ebb.
The Guardian

Tonga Sinking Leaves 32 Missing . . . Ferry sank after it left the capital of the Pacific island of Tonga. BBC

Also Today. . .

'Squeaky' Fromme to be Released . . . Would be assassin of President Ford gets parole. Even though she escaped from prison in 1987 and was recaptured. Associated Press

Journalists Reunite With Families . . . Return from North Korea to the U.S. on a flight with Bill Clinton and emerge for an emotional reunion with family members. Wall Street Journal

Scientology Leader Was a Fraud . . . British diplomats compiled evidence 30 years ago that L Ron Hubbard, was a "fraud", according to National Archive papers. The Daily Telegraph

Drug That Killed Jackson Abused . . . Abuse of propofol a growing problem, increasing pressure on the U.S. to restrict it as a controlled substance. Wall Street Journal

Psychologists Condone Gay Therapy . . . Association says it is ethical - and can be beneficial - for counselors to help some clients reject gay or lesbian attractions. Wall Street Journal

Mother Who CrashedVan Was Drunk and HIgh . . . Bombed out of her mind with a minivan full of kids - triggering a head-on collision that killed eight. New York Post

Today's Video

Bill Clinton and Al Gore are Reunited . . . NBC

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today's Quote

"Well, he asked me if I could get him any women, so the stroke apparently hasn't affected everything."

- Bill Clinton

 

A note from our lawyers:

This is not a real quote.

 

Guilty Pleasures

Inside Jackson's Death Chamber
Photos from inside his home, including a bloody blouse found but not collected by police.
The Sun

 

Top Sports

Cutler Has Hope Soaring in Chicago
New quarterback Jay Cutler will change the Bears run-first mentality.
Sports Illustrated

Bob Hayes, Speed Demon
Finally elected to the Hall of Fame, the former Cowboy could turn any football game into an absurdly unfair track meet.
Washington Times

 

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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