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Wednesday, November 19, 2008

Have a Merry Meltdown

Did the forces behind the movement to replace "Merry Christmas" with "Happy Holidays" have any correlation to the nation in a financial crisis? Dan Henninger of WSJ Editorial page looks at the issue. (Nov. 20)

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Mossberg Reviews the Blackberry Storm

WSJ's Walt Mossberg reviews the Blackberry Storm, the first Blackberry device without a physical keyboard. (Nov. 19)

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Pirates' Delight

Melanie Kirkpatrick speaks with James Freeman. (Nov. 19)

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Japan's Princess Girls

Take a look inside the world of princess girls, a growing tribe of Japanese women who aim to look like sugarcoated, 21st-century versions of old-style European royalty. WSJ's Yukari Iwatani Kane reports. (Nov. 19)

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The Cheapskate's Guide to Shopping

As food prices soar, Cheapskate Columnist Neal Templin offers grocery shoppers a battle plan this holiday season. (Nov. 19)

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Deflation and Recession Stalk Markets

The 1% drop in the consumer-price index led to more concern about deflation, while a Fed forecast of a yearlong recession pressured the markets. Stacey Delo reports. (Nov. 19)

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Analyzing the Fed's Gloomy Outlook

CMC Markets' chief foreign exchange strategist Ashraf Laidi tells Dow Jones' Simon Constable what the Fed's minutes mean and why stocks won't be heading higher anytime soon. (Nov. 19)

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'No Excuses' for Liberals

Global View columnist Bret Stephens speaks with James Freeman. (Nov. 19)

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Wall Street Not Feeling Holiday Spirit

Market professionals are finally showing their weariness, and admitting that they can't figure out what's happening in the stock markets anymore (Nov. 19)

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Retail Investors Dive into Gold

President of the Midas Funds, Tom Winmill, explains to Dow Jones' Simon Constable why retail investment demand for gold bullion more than doubled during the third quarter. (Nov. 19)

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Bonus - Bush's Last Speech

James Kotecki and Politico operatives have obtained a copy of the forthcoming final public address President Bush will give while in office.

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Daimler Trucks Ahead Through Crisis

Andreas Renschler, head of Daimler's truck division, explains to MarketWatch's Steve Gelsi why his company is prepared for the down cycle and discusses the proposed bailout of U.S. auto makers. (Nov. 19)

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GE- Best of Intentions, But Lacking Action

Barron's Bob O'Brien says that General Electric is experiencing rocky moments leading up to their Dec. 16 analyst meeting. GE has good intentions, but little good being done. (Nov. 19)

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Hot Stocks- Autos

A day after the Big Three's CEOs went begging on Capitol Hill, there doesn't seem to be a whole lot of confidence that whatever measures taken to save the industry and its suppliers will be enough. Shawn Langlois reports. (Nov. 19)

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Softball - Texas

James Kotecki chats with Daniel Libit about the decline of Texas in the power structure of American politics.

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Softball - Texas

James Kotecki chats with Daniel Libit about the decline of Texas in the power structure of American politics.

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Morning Roundup 11/19/08

Is Hillary unsure?

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Congress Skeptical, No Easy Money for Detroit

WSJ's John Stoll discusses the second day of testimony from Detroit auto makers, who are seeking money from the government. Congress is going in eyes wide open this time. (Nov. 19)

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KoteckI- 11/19/08

Ted Stevens is out, Eric Holder could be AG, and Mitt Romney strikes a blow for the common man.

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KoteckI- 11/19/08

Ted Stevens is out, Eric Holder could be AG, and Mitt Romney strikes a blow for the common man.

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Obama Eyes Clinton Ally for Attorney General Job

If confirmed, former Deputy Attorney General Eric Holder, who served in the Clinton administration, would be the first African-American to head the Department of Justice. Video courtesy of Reuters. (Nov. 19)

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The Green Collar Economy - Van Jones of the Center for American Progress

http://www.americanprogress.org/issues/energy In "The Green Collar Economy", Center for American Progress Senior Fellow, acclaimed activist and political advisor Van Jones delivers a real solution that both rescues our economy and saves the environment. The economy is built on and powered almost exclusively by oil, natural gas, and coal?ll fast-diminishing nonrenewable resources. As supplies disappear, the price of energy climbs and nearly everything becomes more expensive. With costs and unemployment soaring, the economy stalls. Not only that, when we burn these fuels, the greenhouse gases they create overheat the atmosphere. As the headlines make clear, total climate chaos looms over us. The bottom line: we cannot continue with business as usual. We cannot drill and burn our way out of these dual dilemmas. Instead, Van Jones illustrates how we can invent and invest our way out of the pollution-based grey economy and into the healthy new green economy. Built by a broad coalition deeply rooted in the lives and struggles of ordinary people, this path has the practical benefit of both cutting energy prices and generating enough work to pull the U.S. economy out of its present death spiral.

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Pakistan - New Strategy for Prosperity and Stability HIGHLIGHTS

http://www.americanprogress.org/issues/2008/11/pakistan_report.html Pakistan lies at the nexus of one the world's most complicated geopolitical regions?one plagued by poverty, nuclear proliferation, and global terrorism. With a growing population of more than 165 million people, Pakistan is a vital link between South and Central Asia and the broader Middle East. Pakistan's multiple internal challenges extend beyond its borders and have a wide-ranging impact on regional and global stability. Just as conditions in Afghanistan, India, Iran, and Central Asian countries affect Pakistan, events in Pakistan shape its neighbors. There are positive signs and opportunities for Pakistan's democracy and, ultimately, stability. In February 2008, a democratic transition occurred in Pakistan, ushering in a civilian government and leading to the resignation of military strongman Pervez Musharraf from the presidency. Despite a history of interference in the political process, the Pakistani military has intentionally provided space to Pakistani's civilian leaders to find their footing since the election. Pakistan will pose one of the greatest foreign policy challenges for the incoming Obama administration. How Pakistan addresses its militancy, weak governance, and economic dif- ficulties will directly influence the security of the United States and its people. The Obama administration must seize these opportunities and work with Pakistan, its friends, and neighbors to create a new strategy for enhancing security in Pakistan. But first U.S. policymakers must understand the key challenges facing Pakistan and the region, as well as the critical opportunities the Obama administration can leverage over the next four years.

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Helping the Economy Recover - ASK THE EXPERT

http://www.americanprogress.org/issues/2008/11/economic_snapshot.html What can Congress do to help the economy recover? Why do we need a second stimulus, and how big should it be? How will this spending and investment help the economy recover? Michael Ettlinger of the Center for American Progress adderesses these questions in the latest installment of CAP's ASK THE EXPERT series.

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Carmakers Face Uphill Battle For Bailout

Doug Luzader of Fox News says Detroit's Big Three automakers are facing skepticism and opposition from Congress as they try to tap bailout funds. (Nov. 19)

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CEO Council- Office Depot Shifting Tactics In Downturn

Office Depot CEO Steve Odland tells WSJ's Erin White that his company has changed its services and offerings to try and counter the economic downswing. (Nov. 19)

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Playback 11/19/08

A great quarterback

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Iraqi Economy Prospering

Bagdad, Iraq's stock market may be antiquated but it one of the few markets in the world that is seeing gains. As Larry Doyle reports, many are optimistic about the city's future.

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Hip Hop Takes On Broadway

Rapper Jim Jones tells his story, set to music from his upcoming LP "Pray for Reign," with an off-Broadway musical,"Hip-Hop Monologues: Inside the Life & Mind of Jim Jones."

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Big 3 Collapse 'Ripple Effect'

Financial journalist Vera Gibbons describes to Harry Smith the 'ripple effect' of a potential auto industry collapse.

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Lieberman On Political Critics

Sen. Joe Lieberman, I-Conn., speaks out on critics who feel that he "got off easy" after supporting John McCain's presidential bid. Watch Katie Couric's interview tonight on the CBS Evening News.

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Kids learn the real cost of life

Schools send kids to a simulated city for an educational trip to teach to manage wealth. During a day in a simulated town, school kids are thrown into an adult life with a job, a salary, a family, taxes, and all the financial decisions a grown-up�s budget requires.

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Notebook- Math

Because most U.S. elementary schools don't require teachers to have high school math skills, more tutors are being brought in for students as well as teachers. Katie Couric has more.

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Hip-Hop Takes On Broadway

Rapper Jim Jones tells his story, set to music from his upcoming LP "Pray for Reign," with an off-Broadway musical,"Hip-Hop Monologues: Inside the Life & Mind of Jim Jones."

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Living in hope by the Channel tunnel

France and Britain have dropped plans to load Afghan migrants and deport them back to Kabul. Near the French end of the Channel tunnel, hundreds of refugees live in makeshift shelters, hoping to make it across to the British side.

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Teen Goes 4 Mos. Without Heart

A rare transplant failure forced one teen to live with a blood-pumping machine for 118 days until a new heart could be found. Maggie Rodriguez talked to her and her doctor.

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Author Cronicles Fiscal Crises

Michael Lewis talked to Maggie Rodriguez about "Panic," a book about the financial market's repeatedly bad behavior.

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Christmas With Fewer Trimmings

Holiday Santas are getting fewer calls this season, prompting some to say it's beginning to look less like Christmas with all the cutbacks to save money, reports Bianca Solorzano.

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Military Dogs With PTSD

Author Jay Kopelman tells Chris Wragge his book "From Baghdad To America" is the story of living with a rescued dog suffering from a psychological disorder common in military veterans.

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French ex-PM to appear in court over smear campaign

Former French prime minister Dominique de Villepin has been ordered to appear in court in connection with an alleged smear campaign that targeted Nicolas Sarkozy before he became president.

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Zawahiri warns 'house negro' Obama

Al-Qaeda number two Ayman Zawahiri condemned US president-elect Barack Obama as a "house negro" and warned him against sending more troops to Afghanistan, in an Internet audiomessage released on Wednesday. He also warned US president-elect Barack Obama against sending more troops to Afghanistan.

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Darwin remembered in London show

Next year will be Darwin year, the bicentenary of the British naturalist's birth, and 150th anniversary of the publication of his seminal work "The Origin of Species." An exhibition has opened in London's Museum of Natural History.

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Palestinian family evicted from emblematic Jerusalem home

They lived here for over half a century, but today the al-Kurd family is homeless. Israeli police evicted the Palestinian family from their east Jerusalem home almost two weeks ago, in the wake of a prolonged court battle with Jewish settlers.

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Trachea Grown With Stem Cells

A young mother in Spain was given a trachea transplant grown using her body's own stem cells. It's less likely to be rejected by her body, reports Sky News' Thomas Moore.

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Ted Stevens Defeated

Alaska Republican Sen. Ted Stevens was the longest serving senator in U.S. history. But the AP is reporting his defeat by Democratic Mayor Mark Begich. Kathryn Brown reports.

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Holiday Bargains Abound

Many stores this year are maximizing the buyers' dollar with coupons and price-matching policies in competition for holiday sales, financial contributor Vera Gibbons tells Chris Wragge.

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Jeff Corwin On Conservation

Jeff Corwin stopped by "The Early Show" with some animals that are in danger of extinction. Corwin's upcoming documentary on the disappearance of frogs will air on "Animal Planet."

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Musicians live dangerously in Baghdad

Musicians live dangerously in Baghdad. Dozens have been murdered in recent years, victims of the US-led war as well as fundamentalist militias. But since there are fewer attacks in Baghdad, musicians are returning home.

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Inauguration Ticket Frenzy

The upcoming presidential inauguration of Barack Obama is the hottest ticket in town. As Thalia Assuras reports, millions will flock to Washington D.C. to experience history.

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Pirate Hijacks On The Rise

Pirates off the Somali coast continue to hijack ships and hold them for ransom. Mark Phillips reports. Also Current TV's Kaj Larsen, discusses his experience covering these elusive characters.

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Hillary's Dilemma

Chris Wragge speaks to President Bill Clinton's former press secretary Joe Lockhart about Sen. Hillary Clinton's chances for Secretary of State.

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Painful Medical ID Theft

Thieves are using stolen social security numbers to receive medical care. As Susan Koeppen reports, medical ID theft can ruin credit and raise insurance rates.

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Big 3 Looking For A Lift

Executives from GM, Ford and Chrysler asked for a loan, while Treasury Secretary Henry Paulson faced lawmakers to explain why he won't buy failed mortgage assets with the $700B, reports Bill Plante.

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8-year-old's murder confession

New video released shows the apparent confession of an 8-year-old Arizona boy suspected in the murder of his father and another man. Bill Whitaker reports.

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Obama's Promise For Iraq

Iraqi and U.S. officials have signed a pact to end the American military presence, but not on the timescale promised by President-elect Barack Obama. Charlie D'Agata reports.

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The Credit Crunch Worsens

Buyers who are getting burned by securities based on mortgages are taking their frustrations out consumers. Wyatt Andrews reports.

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'Twilight' Thrills Teens

Be prepared for an onslaught of teenaged girls at the movie theater. They're ready to sink their teeth into a love story involving a vampire. Sandra Hughes explains the phenomenon of 'Twilight.'

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Big Three Strapped For Cash

The top executives from GM, Ford and Chrysler were on Capitol Hill begging for a $25 bailout to save their companies from bankruptcy. Anthony Mason reports.

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Somali Pirates Strike Again

Pirates hijacked another cargo ship the coast of Somalia making it the 7th ship to be hijacked in less than two weeks. Shelia MacVicar reports.

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Obama Eyes Holder For AG

CBS News has learned that President-elect Barack Obama has chosen Washington insider Eric Holder as his choice for attorney general. Chip Reid reports.

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Beating The Odds

Only On The Web: Cystic fibrosis survivor Cris Dopher talks about how running has helped his lungs defeat the odds. Dr. Sanjay Gupta reports.

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New Hope For Cystic Fibrosis

Cystic fibrosis causes lung problems that claim its victims in the prime of life and there is no cure. But, as Sanjay Gupta reports, now there is new hope.

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Cooking class a hot trend for corporate France

There's doom and gloom over the financial crisis in France. But, there's a new hot activity which is helping corporate titans get over their blues. They are wearing different hats for an hour... a chef's toque and cooking up a storm.

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Six months on, cyclone survivors struggle to rebuild their lives

Six months after a powerful cyclone left over 138,000 dead or missing, fishermen in Myanmar's Irrawaddy Delta are struggling to rebuild their lives.

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