POLITICAL HOT TOPICS: Wednesday, September 7, 2011
September 7th, 2011
04:18 AM ET
3 years ago

POLITICAL HOT TOPICS: Wednesday, September 7, 2011

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.

WASHINGTON/POLITICAL
For the latest political news: http://www.CNNPolitics.com

CNN: Romney unveils his jobs plan with a dig at Obama
Standing under a banner that read "Day One, Job One," former Massachusetts Gov. Mitt Romney unveiled his jobs plan Tuesday with a pledge to take steps on his first day as president to undo what he called failed economic policies of the Obama administration.

Washington Post: Fed considers buying more long-term Treasury bonds to lower rates
The Federal Reserve is moving toward new steps aimed at lowering interest rates on mortgages and other kinds of long-term loans, without making another massive infusion of money into the economy. When Fed officials hold a pivotal meeting in two weeks, they will strongly consider buying more long-term Treasury bonds, which should lead to lower interest rates for those bonds and other long-term investments.

CNN: US mulling option for 3000 troops to remain in Iraq
Despite adamant statements that no final decisions have been made about future U.S. troop levels in Iraq, discussions within the administration have included a potential option for keeping just 3,000 forces there beginning next year, according to a senior Pentagon official.

CNN: Homeland Security gets mixed reviews as 9/11 anniversary nears
In a massive 221-page report, the Government Accountability Office - the investigative arm of Congress - says [the Department of Homeland Security] has "made significant strides in protecting the nation, but has yet to reach its full potential." CNN obtained a draft of the report, which is to be the subject of a Senate hearing on Wednesday.

NATIONAL
For the latest national news: http://www.CNN.com

CNN: Gov. Perry: Texas fires are 'mean, swift and highly dangerous'
Wildfires raged across Texas early Wednesday as they have each of the last 295 days, charring nearly 120,000 acres in the last week alone. …The largest fire, near Austin, has spread across 33,000 acres, claiming two lives and forcing the evacuations of at least 5,000 people, officials said Tuesday.

CNNMoney: Postal job cuts would weigh on minorities, vets
The Postal Service is one of the largest employers of all minorities, led by African-Americans, who make up 21% of workers. …In addition, the Postal Service is the single largest employer of veterans, which make up 130,000, or 22% of its ranks, according to a 2010 report on postal operations.

New York Times: Families Feel Sharp Edge of State Budget Cuts
Some states, including Florida and Missouri, have decided to shrink the duration of state unemployment benefits paid to laid-off workers, while others, including Arizona and California, are creating new restrictions on cash aid for low-income residents.

CNN: Bill aims to protect service members who oppose homosexuality
The military is on a two-week glide path to ending "don't ask, don't tell," its present policy banning gay men and lesbians from serving openly in the armed forces. But congressional critics may provide some low-level turbulence on the final approach to the September 20 policy change.

INTERNATIONAL
For the latest international news: http://edition.cnn.com

CNN: Syria cancels Arab League chief's visit as protests continue
Syria has canceled a visit by the head of the Arab League scheduled for Wednesday, citing unspecified "circumstances beyond our control," as anti-government protesters continued their calls for regime change.

CNN: U.S.: Gadhafi not believed to be in Niger convoy
Two Libyan convoys have passed through Niger this week, officials in that country said Tuesday, fueling renewed speculation about the whereabouts of ousted Libyan leader Moammar Gadhafi and members of his family. The U.S. State Department said it viewed the two sets of vehicles as parts of a single convoy - and that Gadhafi is not believed to be on it.

CNN: NATO stops Afghan prison transfers after abuse allegations
NATO has suspended the transfer of inmates to Afghan authorities in the wake of allegations of abuse at several Afghanistan prisons. The move comes after news leaked of an unreleased U.N. report of prisoners at nine Afghan facilities who have been tortured at the hands of Afghan prison guards with electric shocks, beatings and threats of sexual assault.

CNN: Will Twitter 'terrorism' case stifle social media in Mexico?
After false rumors about school attacks spread on Twitter and Facebook and caused real-life chaos on the streets of the city of Veracruz, state prosecutors accused two people of terrorism and sabotage for their posts. The charges could put the suspects behind bars for up to 30 years.

BUSINESS
For the latest business news: http://www.CNNMoney.com

CNNMoney: Yahoo's Carol Bartz out as CEO
The ax has swung. Carol Bartz is out as Yahoo CEO, ending a fraught tenure that culminated in months of speculation about when she would be ousted. Yahoo announced the shakeup late Tuesday, and named Tim Morse, the company's chief financial officer, as its interim CEO.

CNNMoney: Bank of America shakes up its executive suite
Bank of America is reshaping its management team, and two big Wall Street names are out. The company will continue on without two honchos: Joe Price, the president of consumer and small-business banking, and Sallie Krawcheck, president of wealth and investment management.

CNNMoney: Stocks end down for a third day
U.S. stocks fell Tuesday, extending last week's losses, following a major selloff in Europe on Monday. European markets ended mixed Tuesday after the Swiss National Bank moved to stabilize the nation's currency. But the long-running debt crisis in Europe, which appears to be spreading from Greece to Italy and other vulnerable nations, continued to weigh on U.S. markets.

In Case You Missed It…
CNN's Wolf Blitzer talks to former Vice President Dick Cheney about government spending during the Bush administration.
http://www.cnn.com/video/#/video/politics/2011/09/06/tsr-blitzer-cheney-economy.cnn


Filed under: Political Hot Topics
soundoff (One Response)
  1. T'sah from Virginia

    CNN: Romney unveils his jobs plan with a dig at Obama
    There’s only ONE word to match this – “Still more drama”
    But I betcha I can call MITTens on ONE of his hundred “smart phones”
    And tell him he has it all wrong – and I’ll do this from a “pay phone!!!”

    Romney is so RICH, he does not even realize that “pay phones” still exist. Not everyone has “SMART PHONE” either – maybe just cell phones!!!! Now who is wants to get elected as President of the Smart Phone world …. SmartyPants!!!???

    Washington Post: Fed considers buying more long-term Treasury bonds to lower rates
    It’s a damn shame ONLY the RICH – once again – can take advantage of this deflate
    The banks can’t even modify loans for those struggling middle class families
    So foreclosures are eminent – Homes auctioned off – RICH buy it up easily!!!

    CNN: US mulling option for 3000 troops to remain in Iraq
    Yea, that’s right Iraq; we definitely “got your back”
    Just like we’re in every other land with no intentions of a “pullback”

    CNN: Homeland Security gets mixed reviews as 9/11 anniversary nears
    Significant progress to me means it alleviates a lot of fears
    We will NEVER be 100% safe in a world that has many “objective” frontiers!!!
    We’ll just have to remain vigilant and stay in full gear!!

    @Fair is Fair – I cannot afford to quit my day job so I will continue “free-styling”, if you know what that means??

    Not off to work yet but still HAVE A NICE DAY!!!

    September 7, 2011 07:13 am at 7:13 am |