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Tuesday, October 15, 2013

Cheat Sheet - Stalemate on Capitol Hill…Again

Today: Reid: No Go on House GOP Bill , Apple Hires Burberry CEO , Hillary Gets Parking Ticket in London
Cheat Sheet: Afternoon

October 15, 2013
DOA

The latest proposal by House Republicans's to reopen the government is dead on arrival. The Daily Beast's Ben Jacobs reports from Washington on why the deal won't work—and whether the Senate can save the day. Plus, Daniel Gross on why the economy is still in trouble even if they do get to a deal.

(NOT) SHOCKER

That was quick. Hours after House Republicans said they would write their own proposal to end the government shutdown, Senate Majority Leader Harry Reid said Tuesday that the Senate would never go for it. "It's nothing more than a blatant attack on bipartisanship," Reid said. Oh and what's more—House Speaker John Boehner is even noncommittal about it. "I have made clear for months and months that the idea of a default is wrong and we shouldn't get anywhere close to that," Boehner insisted. With all eyes on the Senate to come up with a deal to end the government shutdown and raise the debt limit about the October 17 deadline, House Republicans on Tuesday had proposed their own plan that would be slightly less punishing to their party members.

MAC PERSON

The mass exodus from Burberry continues. CEO Angela Ahrendts is leaving for Apple, with Christopher Bailey succeeding her at the helm of the fashion company. Ahrendts, who is credited with Burberry's digital success, will become Apple's senior vice president of retail and online stores, reporting to Tim Cook. Bailey, meanwhile, will retain his role as chief creative officer as well as CEO. The upheaval caused Burberry's stock to drop 6.4 percent in London, the steepest decline on FTSE. Looking back at 10 years of transforming Burberry into a hip, young brand, Ahrendts is "going out on a high," said analyst Rahul Sharma.

OMG

Brave traffic warden or bravest traffic warden? Hillary Clinton got a bit of a the commoner experience in London on Saturday when she got a parking ticket—although her security detail did try to stop it. Clinton's silver Mercedes was parked outside the Chatham House in Westminster—where she was picking up an award—for nearly 45 minutes, without allegedly having paid the £3.30—or $5.25-per hour parking fee. When the traffic warden wrote the ticket, five members of her security detail jumped out, but the warden refused to back down. The £80—about $127—fine can be reduced if she pays it within 14 days (down to £40, or $63). Otherwise, Clinton has until October 25 to appeal, giving the entire world the opportunity to see Hillary Clinton in traffic court.

SPOILER ALERT

The final five minutes of Captain Phillips features some of the best acting of Hanks's career—and may win him a third statuette, says The Daily Beast's Marlow Stern. The actor discussed the film's ending with director Paul Greengrass at the New York Film Festival. (SPOILER ALERT!)


SHADY
DC Car Crasher's Lawyer Arrested
For failing to comply with a court order.
REALLY?
Texas Lt. Gov.: Impeach Obama
Speaking at a Tea Party forum.
OFF THE CLIFF
GOP Disapproval Rises Even More
More than half the party doesn't like shutdown.
FILTHY FILNER
Ex-San Diego Mayor Charged
Bob Filner charged with false imprisonment.
GIRL POWER
Fey & Poehler to Host Golden Globes
For next two years.

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