POLITICAL HOT TOPICS: Monday, October 10, 2011
October 10th, 2011
04:38 AM ET
3 years ago

POLITICAL HOT TOPICS: Monday, October 10, 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: Rep. Issa says Fast and Furious subpoenas will be issued soon
House Oversight and Government Reform Committee Chairman Darrell Issa said Sunday that he could issue subpoenas to the Justice Department this week in connection to a now-discredited federal gunrunning operation.

CNN: Top Republican sees possible compromise on corporate taxes
A leading Republican on fiscal and economic issues said Sunday that, in the midst of rampant disagreement in Washington about how best to turn around the faltering economy, he thinks the White House, Democrats, and his party may be able to reach a compromise on corporate tax rates.

New York Times: After Rocky Start, More Study, and Sleep, for Perry
Gov. Rick Perry of Texas struggled through his first three debates, so his aides have staged practice sessions, complete with a stand-in for Mitt Romney. He has stirred outrage among conservatives on immigration, so he is defending his stance on the campaign trail as good economics.

Wall Street Journal: Secret Orders Target Email
The U.S. government has obtained a controversial type of secret court order to force Google Inc. and small Internet provider Sonic.net Inc. to turn over information from the email accounts of WikiLeaks volunteer Jacob Appelbaum, according to documents reviewed by The Wall Street Journal.

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

CNN: Sharpton to broadcast from Occupy Wall Street protests
The Rev. Al Sharpton will bring his nationally syndicated radio show to Lower Manhattan Monday as the Occupy Wall Street demonstrations enter their 24th day. …Organizers of the "leaderless resistance movement" also have billed Monday as "Kids Speak Out" day, with school children off for Columbus Day.

New York Times: Recession Officially Over, U.S. Incomes Kept Falling
In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did during the recession itself, new research has found.

Detroit Free Press: Stakes high as UAW workers prepare to vote on Ford contract
Jobs for Michigan, the reputation of UAW President Bob King and Ford's ability to compete with U.S. rivals are all at stake this week as the union works to persuade 41,000 Ford workers to vote in favor of a tentative agreement.

CNN: Rains a welcome relief in drought-stricken Texas
Much-needed rain fell across drought-stricken Texas on Sunday, offering relief but no end to what's been one of the state's driest years on record. Some areas received more rain in a day than had fallen all summer.

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

CNN: Prime minister says Egypt 'scrambling' after at least 23 killed in clashes
Egyptian Prime Minister Essam Sharaf said Monday that clashes hours earlier between army forces and pro-Coptic Christian protesters had "brought us back" to the tense, violent period at the onset of the recent revolution.

CNN: As violence flares in Homs, Syria warns against recognizing opposition council
Heavy gunfire could be heard Sunday in the Syrian city of Homs, according to an opposition activist group. Syrian security forces were involved in heavy shooting using machine guns and tank mortars, the Local Coordination Committees said in a statement.

CNN: Libya fighters in 'final stages' to take Gadhafi hometown, they say
Fighters loyal to Libya's new leaders say they have "reached the final stages of the fight" to take control of former leader Moammar Gadhafi's hometown. … Troops loyal to the National Transitional Council also entered the pro-Gadhafi stronghold of Bani Walid for the first time on Sunday, said Abdulla Kenshill, an NTC spokesman there.

CNN: Crews battle to extract oil from stricken ship off New Zealand
Efforts to recover oil from a ship carrying nearly a half million gallons of heavy fuel that ran aground after striking a reef off New Zealand are being hampered by high winds and strong swells, officials said Monday.

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

Bloomberg: Merkel, Sarkozy Pledge Bank Recapitalization
Angela Merkel and Nicolas Sarkozy, racing to stamp out the euro debt crisis threatening to engulf the financial system, gave themselves three weeks to devise a plan to recapitalize banks, get Greece on the right track and fix Europe’s economic governance.

Financial Times: Deal reached on break-up of stricken Dexia
Belgium will pay €4bn ($5.2bn) to take over the domestic retail banking arm of Dexia after it agreed with France on Sunday the terms of a break-up of the stricken financial services group, according to people close to the talks.

CNNMoney: Stocks: Earnings and Europe come knocking
Stocks kicked off the fourth quarter with gains last week, but the week ahead could be more challenging as the quarterly earnings season gets underway and Europe's debt crisis remains in the spotlight.

In Case You Missed It…
CNN's Candy Crowley looks at how GOP candidates are dancing around fellow republican Mit Romney's Mormon faith.
http://www.cnn.com/video/#/video/politics/2011/10/09/crowley-book-of-mormon.cnn


Filed under: Political Hot Topics
soundoff (3 Responses)
  1. Bob Ramos

    In the case of Fast and Furious – These subpoenas will be quickly forgotten once it comes out that this operation started in the Bush administration.

    October 10, 2011 05:04 am at 5:04 am |
  2. madmadda

    Regarding the occupy wall street movement It is high time the majority asserted itself Starting 30 years ago under the cloven hoofed president reagan the wealth of this country has been redirected toward those who already have ample resources Funny how the 20 states with the lowest mean incomes are all considered red states People to poor & poorly educated to understand that the republicannabils that pander to them are at the same time screwing them blue if not then how come so many red states are in this category Forget wall street how about an occupy the US capital movement? When a large group of very angry citizens is ready to storm the palace gates it just might get the attention of these right wing creeps A hungry mob is an angry mob Damn straight this is class warfare and there are a lot more of us then them We are a country born of revolution Let's stick it to these greedy creeps 235 yrs ago they would already have been swinging from lamposts Let's remind them of that

    October 10, 2011 05:52 am at 5:52 am |
  3. fred ca

    In leftist circles is 'leaderless' used to avoid any one being accountable?

    October 10, 2011 07:08 am at 7:08 am |