Wednesday, January 21, 2009

NATIONAL & WORLD DIGEST - January 21, 2009

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New York Times
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-Kennedy 'Feeling Well' After Seizure
In a frightening moment on a day of celebration, Senator Edward M. Kennedy suffered a seizure Tuesday at a Congressional luncheon honoring President Barack Obama after his inauguration.

-Op-Ed Columnist: Radical in the White House
For one day, for one hour, let us take a bow as a country. Nearly 233 years after our founding, 144 years after the close of our Civil War and 46 years after Martin Luther King's "I Have a Dream" speech, this crazy quilt of immigrants called Americans finally elected a black man, Barack Hussein Obama, as president. Walking back from the inauguration, I saw an African-American street vendor wearing a home-stenciled T-shirt that pretty well captured the moment - and then some. It said: "Mission Accomplished."

-Editorial: The (Now Silent) Guns of January
We are relieved that the guns and rockets are finally silent in Gaza. As President Obama was being inaugurated on Tuesday, Israel was withdrawing its troops after a 23-day assault intended to weaken Hamas and halt its rocket fire; Gazans were trying to come to terms with the overwhelming devastation.

Washington Post
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-Obama takes power, urges unity vs. 'raging storms'
Before a jubilant crowd of more than a million, Barack Hussein Obama claimed his place in history as America's first black president, summoning a dispirited nation to unite in hope against the "gathering clouds and raging storms" of war and economic woe.

-Hard Truths at the Outset
By David Ignatius
The great danger for Barack Obama, with his natural charm and grace, is that he will try to please everyone. But he began his presidency with no glad hands -- avoiding the easy applause lines and instead telling people things they might not want to hear.

-Courting Common Sense
Will the White House and Congress find a better way to nominate and confirm judges? MIGHT A NEW administration and Congress bring a new approach to the handling of judicial nominations? Might pettiness give way to rationality and fair-mindedness? Don't count on it. But in such a week, we can hope.

Wall Street Journal
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-Tax Issue Won't Derail Geithner
Senators Are More Concerned With How Treasury Nominee Will Help Fix Economy
Timothy Geithner will call for a comprehensive and aggressive approach to tackling the U.S. financial crisis when he appears Wednesday at hearings on his confirmation as Treasury secretary, while also trying to assure lawmakers that he simply erred by failing to pay some payroll taxes earlier this decade.

-U.S. Stocks Set to Bounce
U.S. stock-index futures pointed to a recovery from the previous day's selloff, with a flurry of earnings releases battling banking-sector woes for investors' attention.
Less than two hours before the start of trading, Dow Jones Industrial Average futures were 91 points higher at 8036. The S&P 500 futures gained 8.7 to 814.7, and Nasdaq 100 futures rose 4.25 to 1151.75. Changes in futures do not always accurately predict early market moves after the opening bell.

Miami Herald
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-America celebrates Obama, but reinvention is nothing new
It begins before the sun does. Not yet 5 a.m. and there is at a suburban Metro station a line of people going out of the station and up the escalator and around the corner and down to the far, far end of the parking lot. In town, it's worse.


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