POLITICAL HOT TOPICS: Thursday, August 16, 2012
August 16th, 2012
05:15 AM ET
2 years ago

POLITICAL HOT TOPICS: Thursday, August 16, 2012

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

CNN: Poll: No instant impact from Ryan on horserace
A new national poll indicates that Mitt Romney's announcement of House Budget Chairman Paul Ryan as his running mate has not made an immediate impact on the race for the White House.

CNN: Obama, Booker defend Biden 'chains' remarks
President Obama and Newark Mayor Cory Booker defended a controversial remark made by Joe Biden on Tuesday, affirming their support of the vice president in interviews Wednesday and urging the remarks to be taken in context. Obama told People Magazine that Biden's remarks meant "you, consumers, the American people, will be a lot worse off if we repeal these (Wall Street reform) laws, as the other side is suggesting."

CNN: Romney adviser unsure when Romney budget would balance
Mitt Romney's senior adviser Ed Gillespie said Wednesday in a CNN interview that he did not know when his candidate would balance the federal budget, the day after Romney's new vice presidential candidate, House Budget Committee Chairman Paul Ryan, said the campaign had not yet "run the numbers."

CNN: Former special forces officers slam Obama over leaks on bin Laden killing
A web video featuring former special forces officers criticizes President Barack Obama for taking too much credit for the killing of Osama bin Laden and allowing classified information about the raid to become public. The ad also includes former Navy SEALs. The organization behind the ad, the Special Operations OPSEC Education Fund, has posted the 22-minute web video on its website.

NATIONAL

CNN: Virginia man charged in shooting at Family Research Council
A 28-year-old Virginia man was held late Wednesday on a charge of assault with a deadly weapon after a security guard was wounded in the lobby of the Family Research Council, a conservative policy organization, authorities said. Police and federal agents were investigating what prompted the suspect, identified by the FBI as Floyd Lee Corkins II, to walk into the group's headquarters about 10:45 a.m. and open fire.

CNN: Undocumented immigrants line up for relief from deportation
Long lines formed at help centers and lawyers' office across America Wednesday as thousands of young, undocumented immigrants began applying for relief from deportation. They took advantage of one of the biggest immigration policy changes in years. An executive order by President Barack Obama allows those who entered the country illegally as children to remain and work without fear of deportation for at least two years.

CNN: Winning ticket for $337 million Powerball bought in Michigan
Lottery officials say a winning ticket for the estimated $337 million Powerball jackpot was purchased in Michigan. Also there were eight tickets that won the $1 million Match 5 prize. Two of those tickets were bought in Indiana, the others were purchased in Kansas, Kentucky, New Jersey, New Mexico, Pennsylvania and Virginia, lottery officials said. The winning numbers were 6,27,46,51,56 and 21.

CNN: Penn State to host sex abuse conference
In the aftermath of the Jerry Sandusky scandal, embattled Penn State University is hosting a sexual abuse conference and says boxer Sugar Ray Leonard and Elizabeth Smart will give speeches. The conference will be held on October 29 and 30 and comes after the well-publicized scandal that culminated with the conviction of Sandusky, a former assistant Penn State football coach on multiple charges of sexual abuse of young boys.

INTERNATIONAL

CNN: Organization of Islamic Cooperation suspends Syria
The Organization of Islamic Cooperation suspended Syria Wednesday from membership. "There is a strong concern over the massacres and the inhumane acts that are being committed against the Syrian people," said Nizar bin Obaid Madani, Saudi Arabia's state minister for foreign affairs.

CNN: Syria violence fuels kidnapping threats in Lebanon
Several Persian Gulf states called on their citizens to leave Lebanon on Wednesday after the civil war in neighboring Syria fueled protests and kidnapping threats there. Groups of youths protesting the abduction of a Lebanese citizen by Syrian rebel forces burned tires and blocked the road to Beirut's international airport late Wednesday as soldiers in riot gear and armed with tear gas stood by.

CNN: Assange asylum decision coming Thursday, Ecuador says
Ecuador's foreign minister says his government has made a decision on WikiLeaks founder Julian Assange's request for asylum and will announce it Thursday morning. In a televised address Wednesday, Ricardo Patiño said that the Ecuadoran government had received a written notice from British authorities that they would "assault" the country's embassy in London if Ecuadoran authorities failed to hand over Assange to British authorities.

Financial Times: Brazil unveils $66bn stimulus plan
Brazil's president Dilma Rousseff has launched a R$133bn ($65.6bn) stimulus package to spur investment in the country's creaking infrastructure and shore up ailing investor confidence in the world's second-largest emerging market economy.

BUSINESS

CNNMoney: New York subpoenas major banks on Libor manipulation
New York Attorney General Eric Schneiderman has sent subpoenas to a number of major banks as part of his office's probe into the manipulation of Libor, the world's benchmark interest rate, according to a source with knowledge of the investigation.

CNNMoney: Why the jobs recovery favors single workers
As the economy slowly recovers, single people are finding jobs much faster than their married peers. Single men and women lost about 5 million jobs during the financial crisis, and have since gained back 90% of them, according to the Labor Department.

CNNMoney: Wall Street prepares for more layoffs
Big banks are unlikely to be broken up - but they will keep getting smaller by getting rid of a large numbers of workers. Wall Street financial firms cut more than 75,000 people in 2011, and their employees are bracing for another round of layoffs. Analysts estimate that Wall Street banks will have roughly 10% to 15% fewer employees in early 2013 than they did at the start of 2012.

In case you missed it…
Artur Davis, the former four-term Democratic congressman, had tough comments Wednesday for Joe Biden.


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soundoff (One Response)
  1. jbourne

    What is wrong with America? This is a great nation a place seen by many as a beacon of light knowledge compassion and truth. I expect their politics to be of great things and great ideas. And yet sadly u hear all this negativity with their election ads. One has to sit and ask, was this really what those great founders had in mind when they were writing their constitution. America YOU are sinking as a nation. Wake up.

    August 16, 2012 07:54 am at 7:54 am |