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Monday, November 14, 2011

Cheat Sheet - Congress’s Insider-Trading Racket

The CheatSheet

The CheatSheet

The CheatSheet

Today: Obama Speaks Out on Waterboarding , Cain’s Wife: He ‘Respects Women’ , 50 Arrested at Occupy Portland
The Daily Beast Cheat Sheet: Morning

November 14, 2011
SCANDALS

Did Nancy Pelosi, John Boehner, John Kerry, and several other lawmakers benefit from something similar to insider trading during the financial crisis? Hoover Institute research fellow Brian Schweizer analyzed financial disclosures and found that it often appeared they did. Pelosi, for example, was one of the select investors invited to buy Visa stock at a lower rate—about the same time she blocked a bill that would adversely affect Visa’s business. (Her office dismisses Schweizer as a “right-wing hack.”) In Newsweek, Peter J. Boyer reports on the explosive corruption allegations.

Presidential

One of the signature debates of the Bush years is apparently back: President Obama said on Sunday that he believes waterboarding is “torture” and “contrary to American traditions,” one day after a GOP debate in which only two candidates said they disagreed with the practice. While Ron Paul and Jon Huntsman said they’d outlaw waterboarding, the rest of the GOP field approved of so-called advanced-interrogation techniques, with Herman Cain and Michele Bachmann both saying they’d specifically bring waterboarding back. "This is war," Perry said in announcing his approval of enhanced interrogation techniques. "That's what happens in war.”

Defensive

In her first televised interview, Gloria Cain said her husband would need a “split personality” to do the things described in the sexual-harassment allegations against him. She told Fox News's Greta Van Susteren in an interview set to air Monday, “You hear the graphic allegations and we know that would have been something that’s totally disrespectful of her as a woman. And I know the type of person he is. He totally respects women.” Herman Cain had previously indicated his wife's support for him, saying, “My own wife said that I wouldn’t do anything as silly as what that lady was talking about.”

SHOWDOWN

Occupy Portland is making waves again. Police in the Oregon city arrested more than 50 people while clearing the encampments of the Occupy movement on Sunday. Authorities issued an eviction notice, and officials then moved to clear the camps and fence them off. Portland’s Mayor Sam Adams said the city's camps had been linked to an increase in crime and drug overdoses, and said that while he was sympathetic to the protest's goals, the Occupy movement should move beyond encampments "in order to get the reforms we need." In Oakland, Calif., police have warned of a similar crackdown.

SUSPICIOUS

And the plot thickens. Judge Leslie Dutchcot, who ruled that former Penn State assistant football coach and alleged child molester Jerry Sandusky could go free on bail, worked for Sandusky’s charity, the Second Mile. Dutchcot’s profile on the website of law firm Goodall and Yurchak lists volunteering at the Second Mile as one of her career achievements. Prosecutors had initially requested that Sandusky’s bail be set at $500,000 and that he be required to wear a leg monitor, but Dutchcot ruled that he could go free on only $100,000 unsecured bail, which he will have to pay only if he does not show up to court.


Crime
German Neo-Nazis Linked to Murders
Believed to have killed at least 10 people.
EXCLUSIVE
Poll: Voters Think Cain Is Guilty
53 percent believe harassment allegations.
First Daughters
Chelsea Clinton to Report for NBC News
Stories will run as “Making a Difference” segments.
Profiles
Gabby Giffords Struggles, Despite Comeback
Congresswoman set for interview, book this week.
Media
Reality TV Gets New Magazine
Will hit newsstands in January.
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