Quote of the day.
"We are transitioning Newsweek, not saying goodbye to it. … In our judgment, we have reached a tipping point at which we can most efficiently and effectively reach our readers in all-digital format.” Tina Brown, editor-in-chief and founder of The Newsweek Daily Beast Co., announcing that after 80 years, Newsweek will end its print publication and shift to an all-digital format.
1. Evangelicals mobilize for Romney/Ryan campaign.
The Republican ticket is the first in the party's history without a Protestant candidate, but that hasn't deterred evangelicals from launching massive get-out-the-vote and registration efforts to help Mitt Romney and Paul Ryan win the White House.
2. Graham family ties tighten with Romney.
The election-year embrace of Mitt Romney by evangelical Christians now borders on a bear hug, given a series of moves by Billy Graham and his family that appear to say it''s okay to vote for a Mormon.
3. Rival campaigns intently pursue votes of women.
On the campaign trail and on the air, the candidates and their allies argued intensely all day over who would do more to help women. At the same time, the topic of whether the heated encounter Tuesday night had alienated the very female voters they were seeking to connect with became fodder for cable TV discussions.
(New York Times)
4. Obama ready to veto a bill blocking ‘fiscal cliff’ without tax hike for rich.
President Obama is prepared to veto legislation to block year-end tax hikes and spending cuts, collectively known as the “fiscal cliff,” unless Republicans bow to his demand to raise tax rates for the wealthy, administration officials said.
5. Income inequality may take toll on growth.
The yawning gap between the haves and the have-nots — and the political questions that gap has raised about the plight of the middle class — has given rise to anti-Wall Street sentiment and animated the presidential campaign. Now, a growing body of economic research suggests that it might mean lower levels of economic growth and slower job creation in the years ahead, as well.
(New York Times)
6. Average debt up again for new college grads.
Two-thirds of the national college class of 2011 finished school with loan debt, and those who borrowed walked off the graduation stage owing on average $26,600 — up about 5 percent from the class before.
7. Up to 28,000 Syrians have 'disappeared' since uprising began.
Up to 28,000 Syrians have disappeared over the past 19 months, with civilians snatched from the streets or forcibly abducted by government troops or security forces, human rights groups say.
8. Suspect in attack on Pakistani schoolgirl casts long shadow.
The Taliban leader who apparently ordered the assassination of a Pakistani schoolgirl last week may not be well-known outside the remote, picturesque Swat Valley. But there he is infamous for his long campaign against female education.
9. US, Israel to begin major air defense exercise.
An air defense drill planned for late this month will involve more than 3,500 Americans and 1,000 Israelis, practicing their ability to work together against a range of threats facing the main U.S. ally in the Mideast.
10. Greece hit by new general strike.
A general strike is under way in Greece in protest against the next round of spending cuts, required in return for another bailout installment. It is the country's 20th national stoppage since the debt crisis erupted two years ago and comes as EU leaders meet in Brussels.