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Obama plunges into econ talks, predicts approval

AP - Mon Jan 5, 6:55 PM ET

WASHINGTON - President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion. He predicted lawmakers would approve a mammoth revitalization package within two weeks of his taking office.

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  1. In this Aug. 4, 2002 file photo, President George W. Bush stretches out in his golf cart at the Cape Arundel Golf Club in Kennebunkport, Maine.  (AP Photo/J. Scott Applewhite, File)
    Bushisms over the years AP - Sat Jan 3, 11:06 AM ETSent 905 times

    President George W. Bush will leave behind a legacy of Bushisms, the label stamped on the commander in chief's original speaking style. Some of the president's more notable malaprops and mangled statements:

  2. This official White House photograph shows White House pet India, on the South Lawn of the White House dressed for Halloween 31 October 2007 in Washington, DC. The Bush family's 18-year-old cat, India, has died at the White House, First Lady Laura Bush's office announced on January 5, 2009.(AFP/HO/File)
    US First Cat 'India' dies AFP - Mon Jan 5, 12:14 PM ETSent 896 times

    WASHINGTON (AFP) - The Bush family's 18-year-old cat, India, has died at the White House, First Lady Laura Bush's office announced Monday.

  3. Scientists find a gene that makes cancer spread Reuters - Mon Jan 5, 5:20 PM ETSent 702 times

    CHICAGO (Reuters) - A single gene appears to play a crucial role in deadly breast cancers, increasing the chances the cancer will spread and making it resistant to chemotherapy, U.S. researchers said on Monday.

  4. President-elect Barack Obama meets with House Speaker Nancy Pelosi of Calif. in her office on Capitol Hill in Washington, Monday, Jan. 5, 2009. (AP Photo/Gerald Herbert)
    Obama plunges into econ talks, predicts approval AP - Mon Jan 5, 6:55 PM ETSent 464 times

    WASHINGTON - President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion. He predicted lawmakers would approve a mammoth revitalization package within two weeks of his taking office.

  5. File photo shows a Wedgwood china coffee cup under the weight of a 1.6-tonne Jaguar car during a promotional event. Waterford Wedgwood, the maker of china and glass, said Monday that some of its businesses were close to bankruptcy as trading in the group's shares was suspended here.(AFP/File/Kim Jae-Hwan)
    Crystal, china maker Waterford Wedgwood collapses AP - Mon Jan 5, 1:26 PM ETSent 296 times

    LONDON - Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection on Monday after attempts to restructure the struggling business or find a buyer failed.

  6. In this image released by Rogers & Cowan public relations, actor John Travolta is shown with his son Jett in an undated family photo.  (AP Photo/Rogers & Cowan)
    Autopsy completed on Travolta's son AP - Mon Jan 5, 3:09 PM ETSent 272 times

    FREEPORT, Bahamas - Doctors in the Bahamas conducted an autopsy Monday on John Travolta's 16-year-old son, but authorities did not immediately disclose the results.

  7. Registered nurse Pat Boodoo reviews patient data during a shift last month at Wheaton Franciscan Healthcare in the Milwaukee suburb of Brookfield, Oct. 22, 2008. While other industries are shedding jobs, nursing recruiters are frantically trying to hire new workers to address a nationwide nursing shortage expected to worsen as the population ages.(AP Photo/ Dinesh Ramde )
    Nursing industry desperate to find new hires AP - Mon Jan 5, 2:48 PM ETSent 261 times

    MILWAUKEE - Please, please accept a high-paying job with us. In fact, just swing by for an interview and we'll give you a chance to win cash and prizes.

  8. In this Sept. 27, 1996 file photo, then-White House Chief of Staff Leon Panetta talks to reporters on Capitol Hill in Washington. President-elect Barack Obama has selected Panetta to head the CIA, according to an Obama transition official. (AP Photo/Dennis Cook, File)
    Obama's intel picks short on direct experience AP - Mon Jan 5, 6:25 PM ETSent 247 times

    WASHINGTON - President-elect Barack Obama's decision to fill the nation's top intelligence jobs with two men short on direct experience in intelligence gathering surprised the spy community and signaled the Democrat's intention for a clean break from Bush administration policies.

  9. Group sues to force EPA to clean up Chesapeake Bay AP - Mon Jan 5, 3:43 PM ETSent 198 times

    WASHINGTON - A conservation group filed a federal lawsuit Monday to force the U.S. Environmental Protection Agency to enforce the law and clean up the polluted Chesapeake Bay, citing 25 years of failure to restore the nation's largest estuary.

  10. File photo of former Clinton White House Chief-of-Staff Leon Panetta in Los Angeles. REUTERS/Rose Prouser/Files
    Obama picks Leon Panetta to head CIA AP - Mon Jan 5, 3:23 PM ETSent 165 times

    WASHINGTON - Two Democratic officials say President-elect Barack Obama has chosen former Clinton White House chief of staff Leon Panetta to run the CIA. Panetta was a surprise pick for the post, with no experience in the intelligence world. An Obama transition official and another Democrat disclosed his nomination on a condition of anonymity since it was not yet public.

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  1. In this image released by Rogers & Cowan public relations, actor John Travolta is shown with his son Jett in an undated family photo.  (AP Photo/Rogers & Cowan)
    Autopsy completed on Travolta's son AP - Mon Jan 5, 3:09 PM ET

    FREEPORT, Bahamas - Doctors in the Bahamas conducted an autopsy Monday on John Travolta's 16-year-old son, but authorities did not immediately disclose the results.

  2. US First Cat 'India' dies AFP - Mon Jan 5, 12:14 PM ET

    WASHINGTON (AFP) - The Bush family's 18-year-old cat, India, has died at the White House, First Lady Laura Bush's office announced Monday.

  3. This photo taken Sunday, Jan. 4, 2009 provided by French Defense Minister shows suspected pirates arrested by Marine commandos of the French Navy in the Gulf of Aden, off Somalia coasts. French government officials say the Jean de Vienne intercepted and captured 19 pirates Sunday as they tried to take over two cargo ships, one Croatian and the other Panamian. French Navy vessel Jean de Vienne is seen on background. (AP Photo/French Navy/French Defense Minister/HO)
    Pirates attack French vessel off Nigerian coast AP - Mon Jan 5, 5:50 PM ET

    PARIS - Pirates hijacked a French boat and took its nine crew members hostage in the latest attack in some of the world's most dangerous waters off oil-rich southern Nigeria, the boat's owner said Monday.

  4. Obama's intel picks short on direct experience AP - Mon Jan 5, 6:25 PM ET

    WASHINGTON - President-elect Barack Obama's decision to fill the nation's top intelligence jobs with two men short on direct experience in intelligence gathering surprised the spy community and signaled the Democrat's intention for a clean break from Bush administration policies.

  5. Scientists find a gene that makes cancer spread Reuters - Mon Jan 5, 5:20 PM ET

    CHICAGO (Reuters) - A single gene appears to play a crucial role in deadly breast cancers, increasing the chances the cancer will spread and making it resistant to chemotherapy, U.S. researchers said on Monday.

  6. A woman looks out from her ground-floor window at the scene of a gunfire and hand grenade attack that severely injured a riot police officer in central Athens, Greece early Monday, Jan. 5, 2009. Authorities say one of the weapons used by gunmen was the same one used against a police station last year in an attack claimed by a domestic extremist group that has previously targeted the U.S. Embassy. Monday's attack marks a sudden escalation of violence that erupted after the fatal police shooting of a teenager last month. Alexandros Grigoropoulos' death on Dec. 6 sparked Greece's worst riots in decades, with masked protesters frequently attacking police with gasoline bombs and rocks. (AP Photo/Petros Giannakouris)
    Gasoline price up first time in 16 weeks Reuters - Mon Jan 5, 5:26 PM ET

    WASHINGTON (Reuters) - U.S. retail gasoline prices have risen for the first time in 16 weeks as higher crude oil costs were reflected at the pump, the government said on Monday.

  7. Party's Over for Jennifer Love Hewitt and Fiancé(E! Online)
    Party's Over for Jennifer Love Hewitt and Fiancé E! Online - Mon Jan 5, 6:30 PM ET

    Los Angeles (E! Online) - Ghost Whisperer Jennifer Love Hewitt's engagement to Ross McCall has fizzled into silence.

  8. Records reveal anguish of anthrax suspect's wife AP - 52 minutes ago

    FREDERICK, Md. - Anthrax mailing suspect Bruce Ivins tormented his wife with rudeness and behaved erratically in the weeks before the Army scientist took his own life by overdosing on Tylenol, according to documents released Monday.

  9. In this Jan. 28, 2007 file photo, Thomas Jane and Patricia Arquette arrive at the 13th Annual Screen Actors Guild Awards in Los Angeles.  (AP Photo/Chris Carlson, file)
    Patricia Arquette files for divorce AP - Mon Jan 5, 7:23 PM ET

    LOS ANGELES - Patricia Arquette has filed for divorce from her actor-husband.

  10. Spoiler Chat: Guess Who May Have a Secret Son?(E! Online)
    Spoiler Chat: Guess Who May Have a Secret Son? E! Online - 2 hours, 40 minutes ago

    Los Angeles (E! Online) - Oh, Jeffrey Dean Morgan, you sneaky devil. You always keep us guessing—even from beyond the grave!

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  1. In this Dec. 17, 2008 file photo, Bernard Madoff, chairman of Madoff Investment Securities, returns to his Manhattan apartment after making a court appearance in New York.   (AP Photo/Jason DeCrow,File)
    Congressmen sound off against SEC in Madoff affair AP - 1 hour, 18 minutes agoRecommended 80 times

    WASHINGTON - Republican and Democratic House members said Monday that the alleged $50 billion fraud involving Wall Street figure Bernard Madoff reflects deep, systemic problems at the Securities and Exchange Commission.

  2. President-elect Barack Obama, flanked by Treasury Secretary-designate Timothy Geithner, left, and Council of Economic Advisers Chair-designate Christina Romer meets with members of his economic team at his transition office in Washington, Monday, Jan. 5, 2009. (AP Photo/Gerald Herbert)
    Obama says his plan with tax cuts to get quick OK AP - 51 minutes agoRecommended 401 times

    WASHINGTON - President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion. He predicted lawmakers would approve a mammoth revitalization package within two weeks of his taking office.

  3. Sheriff: Man arrested in Ohio mother's slaying AP - Mon Jan 5, 5:44 PM ETRecommended 358 times

    DAYTON, Ohio - A man was arrested in the shooting death of a woman whose 4-year son was abducted and left unharmed at a highway rest area, authorities said Monday.

  4. US First Cat 'India' dies AFP - Mon Jan 5, 12:14 PM ETRecommended 222 times

    WASHINGTON (AFP) - The Bush family's 18-year-old cat, India, has died at the White House, First Lady Laura Bush's office announced Monday.

  5. Crystal, china maker Waterford Wedgwood collapses AP - Mon Jan 5, 1:26 PM ETRecommended 201 times

    LONDON - Waterford Wedgwood PLC, the maker of classic china and crystal, filed for bankruptcy protection on Monday after attempts to restructure the struggling business or find a buyer failed.

  6. An unidentified oil worker labors away on a pipeline Monday, Jan. 5, 2009, in the Sakhir, Bahrain, oil fields. An Iranian revolutionary guard commander is urging Islamic countries to use oil as a weapon to end the fighting in Gaza, echoing a similar call days earlier by lawmakers in Bahrain. (AP Photo/Hasan Jamali)
    Calls to use oil as weapon in Gaza fight fall flat AP - Mon Jan 5, 2:20 PM ETRecommended 170 times

    DUBAI, United Arab Emirates - The call to use oil as a weapon against Israel's friends once would have echoed in capitals across the Middle East. But even as fighting widens in Gaza, threats of an oil embargo by some in Iran and Bahrain are falling flat.

  7. Stop picking on Jimmy Carter The Christian Science Monitor - Mon Jan 5, 3:00 AM ETRecommended 162 times

    Oakton, Va. - In this season of new resolutions, Americans would do well to rethink their perceptions of Jimmy Carter. President Carter has suffered the misfortune of having his legacy almost entirely shaped by his political enemies rather than by objective reality or a basic sense of American fairness.

  8. New trucks are displayed for sale at a Ford dealership in Encinitas, California November 11, 2008. (Mike Blake/Reuters)
    US auto sales plunge whopping 36 percent in Dec. AP - Mon Jan 5, 7:04 PM ETRecommended 138 times

    DETROIT - Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.

  9. Former Clinton White House chief of staff Leon Panetta gestures during a break in a televised interview with Larry King for the CNN program 'Larry King Live' March 19, 1998 in Los Angeles. (Rose Prouser/Files/Reuters)
    Obama picks Leon Panetta to head CIA AP - Mon Jan 5, 3:23 PM ETRecommended 130 times

    WASHINGTON - Two Democratic officials say President-elect Barack Obama has chosen former Clinton White House chief of staff Leon Panetta to run the CIA. Panetta was a surprise pick for the post, with no experience in the intelligence world. An Obama transition official and another Democrat disclosed his nomination on a condition of anonymity since it was not yet public.

  10. Israeli soldiers are seen on their tank as they move towards the Gaza Strip, in southern Israel, Monday, Jan. 5, 2009.  Israeli forces pounded Gaza Strip houses, mosques and smuggling tunnels on Monday from the air, land and sea, killing at least seven children as they pressed a bruising offensive against Palestinian militants. (AP Photo/Anja Niedringhaus)
    How Israel, Hamas define victory in Gaza The Christian Science Monitor - Mon Jan 5, 3:00 AM ETRecommended 116 times

    Tel Aviv - Escalating a week-long assault against Hamas, Israel invaded Gaza over the weekend to stop the Islamist militants who continue to launch cross-border rocket attacks.