Thursday, October 29, 2009

"McChrystal Light"

Obama considering scaled-down Afghan war plan

WASHINGTON (AP) - President BarackObama is considering sending large numbers of additional U.S. forces to Afghanistan next year but fewer than his war commander, Gen.Stanley McChrystal, prefers, U.S. officials said.

Such a narrowed military mission would escalate American forces to accomplish the commander's broadest goals, protecting Afghan cities and key infrastructure. But the option's scaled-down troop numbers likely would cut back on McChrystal's most ambitious objectives, amounting to what one official described as "McChrystal Light."



Clunkers: Taxpayers paid $24,000 per car

Auto sales analysts at Edmunds.com say the pricey program resulted in relatively few additional car sales.


By Peter Valdes-Dapena, CNNMoney.com senior writer

NEW YORK (CNNMoney.com) -- A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.

KN: I said at the time, it took car sales away from the future. And it did.


Stimulus jobs overstated by thousands

By BRETT J. BLACKLEDGE and MATT APUZZO


WASHINGTON (AP) - An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.

The government's first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, according to an Associated Press review of a sample of stimulus contracts.

The AP review found some counts were more than 10 times as high as the actual number of jobs; some jobs credited to the stimulus program were counted two and sometimes more than four times; and other jobs were credited to stimulus spending when none was produced.

Still, auto sales contributed heavily to the economy's expansion in the third quarter, adding 1.7 percentage points to the nation's gross domestic product growth.


Sting: Obama best person to handle world's 'mess'

NEW YORK (AP) - Sting isn't a religious man, but he says President Barack Obama might be a divine answer to the world's problems.

"In many ways, he's sent from God," he joked in an interview, "because the world's a mess."

KN: Whiskey Tango Foxtrot

'Desecrated flag' video is DNC finalist

One of the 20 finalists in health care video contest run by Barack Obama’s campaign arm features a mural of an America flag splattered with health care graffiti until it’s covered completely by black paint.

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