POLITICAL HOT TOPICS: Tuesday, November 1, 2011
November 1st, 2011
04:58 AM ET
2 years ago

POLITICAL HOT TOPICS: Tuesday, November 1, 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: Report: Cain accused of inappropriate behavior in 1990s
The campaign of presidential candidate Herman Cain has criticized a news report alleging that Cain displayed inappropriate behavior to two female employees in the 1990s, saying the news media has started "to launch unsubstantiated personal attacks on Cain."

CNNMoney: Perry's flat tax plan: The rich make out
No matter how you slice it, the richest Americans would do better under Rick Perry's tax proposals, but the picture is more of a mixed bag for those on the lower rungs, according to an analysis released Monday by a nonpartisan tax research group.

CNN: Activists propose 'shutting down' candidate offices during Iowa caucuses
The plan has been dubbed the "First in the Nation Caucus Occupation" – a play on words for the first-in-the-nation presidential contest. The idea is to have activists from across the nation, and possibly beyond, descend on Iowa.

CNN: Top Justice official expresses regret for failure to warn on 'gun walking'
For the first time, a top official of the Obama administration's Justice Department has expressed regret for the way the department handled the controversial tactics of allowing "gun walking" in firearms investigations by agents of the Bureau of Alcohol, Tobacco, Firearms and Explosives.

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

CNN: U.S. sues South Carolina over immigration law
Justice Department officials pressed their campaign against an immigration law in South Carolina on Monday, saying the measure passed there this summer unconstitutionally pre-empts federal authority.

CNN: Millions of dollars in drugs seized, 70 arrested in Arizona, officials say
At least 70 suspected drug smugglers with alleged ties to the powerful Sinaloa cartel have been arrested in Arizona, according to Immigration and Customs Enforcement officials. …Law enforcement officials seized thousands of pounds of marijuana, cocaine and heroin in a series of raids.

CNN: More than 1.7 million still without power after Northeast storm
Parts of New England were expected to hit the low 50s Tuesday, which could be considered balmy to some who braved the freak October snowstorm that dropped more than 2 feet of snow in some places over the weekend.

CNNMoney: Beacon Power: Another energy loan gone bad
Beacon Power, which makes energy storage devices used to help the power grid become more efficient, filed for bankruptcy protection Sunday, according to a filing with the Securities and Exchange Commission. The company received a $43 million loan guarantee from the Department of Energy last August.

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

CNN: Surprise Greek referendum casts shadow on EU deal
A "no" vote threatens to unravel the deal, which was greeted with fanfare last week as way to keep debt woes in Greece and other European nations from spilling across other borders, threatening the 17 nations united under the euro currency.

CNN: Libya taps engineer who lived in U.S. for decades as interim leader
Libya's transitional government picked an engineering professor and longtime exile as its acting prime minister Monday, with the new leader pledging to respect human rights and international law.

CNN: Arab League demands Syria end violence against citizens
The Arab League has called on Syria's government to end all violence against its people, remove tanks and military vehicles from the streets of the country and release political prisoners, an official with the Arab organization told CNN Monday.

CNN: U.S. cuts UNESCO funding after Palestinian membership vote
The United States is cutting funding to the U.N. education and science agency UNESCO after the agency voted to accept a Palestinian bid for full membership, the U.S. State Department said Monday.

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

CNNMoney: MF Global files for bankruptcy protection
MF Global, a trader in commodities and derivatives brought down by bad bets on Europe, filed for bankruptcy protection on Monday, leaving behind more than $2 billion in debt to some of Wall Street's biggest players.

CNNMoney: Stocks end stellar month with a fall
The Dow rallied almost 10% in October, and the S&P 500 and Nasdaq surged about 11%. The gains helped the Dow clock its best monthly performance since October 2002, while the S&P 500's climb was its best since December 1991.

CNNMoney: SunTrust, Regions latest banks to retreat on debit fees
SunTrust, a large regional bank based in Atlanta, announced Monday that it will no longer charge $5 a month for debit card purchases starting Wednesday. Shortly afterward, Alabama-headquartered Regions Bank said it will nix its $4 monthly fee on Tuesday.

In Case You Missed It…
The FBI released images showing how a Russian spy ring operated in the U.S. for a decade. Jill Dougherty reports.
http://www.cnn.com/video/#/video/us/2011/10/31/sr-dougherty-russian-spy-meetings-mpg.cnn


Filed under: Political Hot Topics
soundoff (7 Responses)
  1. fred ca

    So we have stories of more obama flunkies who lived the high life on the taxpayer dime and a major democrat figure from goldman sachs filing to protect their assets, but not ours, via bankrupcy at the same time we have ows clowns threaten to shut down a true example of particiption in a representative process. Which is more upsetting...the typical democrat thieves and liars or the unwashed who worship them blindly.

    November 1, 2011 06:16 am at 6:16 am |
  2. 7BILLION & COUNTING

    what the world needs are strong BASICS and CREATE JOBS with whats at hand

    November 1, 2011 06:25 am at 6:25 am |
  3. Wire Palladin, S. F.

    While I think Cain has been 'Swftboated' by Rove on the inappropriate behavior, in order to help Mittens. However, there is a bigger problem with the improper use of unreported campaign money by Cain.

    November 1, 2011 06:36 am at 6:36 am |
  4. T'sah from Virginia

    ► CNN: Report: Cain accused of inappropriate behavior in 1990s
    Where’s Cain’s First Lady? – Maybe THIS is why she’s in hiding!!!
    All of the women out there are exactly Cain’s wife’s height
    Cain will NEVER get out of this one – No matter how much he fights!!!

    ►CNNMoney: Perry's flat tax plan: The rich make out
    Nothing NEW here – We all know what the Republicans are all about!!

    CNN: Activists propose 'shutting down' candidate offices during Iowa caucuses
    No comment – don’t have time or rhyme – Occupy should do this “becauses”
    LOL

    ► CNN: Top Justice official expresses regret for failure to warn on 'gun walking'
    Okay – so this will keep the RIGHT busy and NOT create JOBS and keep on talking!!!

    Off to work – HAVE A NICE DAY!!

    November 1, 2011 06:54 am at 6:54 am |
  5. Wire Palladin, S. F.

    It is comforting to know that republicans can come up with more ways to help the under taxed millionaires and billionaires pay less and less in taxes. How lucky we in the middle class are, to be able to pay more taxes in the republican plans, so the rich elitists will not have to make any sacrifices.

    November 1, 2011 06:58 am at 6:58 am |
  6. diridi

    I think we need some kind of strictures on immigration law, and its implementation. Yesterday, I was reading one article on wall street journal, caption is steve jobs. It said as though we do not have enough unemployment in Engineering, and computer software and programming. It is 5% unemployment therein too. Just to grab votes all these one sided biased write ups. Be factual. OK. Lot of H1B visas are for lobby. I do not know why......despite lot of unemployment in there.

    November 1, 2011 08:41 am at 8:41 am |
  7. GI Joe

    Wait 'til his campaign finance crooked actins come out.

    November 1, 2011 09:47 am at 9:47 am |