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Monday, November 7, 2011

Cheat Sheet - Cain Accuser Gives Graphic Details: Is He Toast?

The CheatSheet

Today: Ex-Bank VP Poised to Lead Greece , Census: Age-Wealth Gap Soars in U.S. , 5 Protesters Arrested in Atlanta
The Daily Beast Cheat Sheet: Afternoon

November 07, 2011
SPEAKING OUT

The Herman Cain harassment story just moved into X-rated territory. A woman named Sharon Bialek, flanked by attorney Gloria Allred, said at a news conference Monday that the presidential candidate reached under her skirt and tried to push her head toward his crotch in a parked car in 1997. Bialek is a former staffer of the National Restaurant Association who says she was seeking to regain her job. The Daily Beast’s Howard Kurtz reports on the immediate fallout. Plus, The Dish’s Andrew Sullivan has highlights from the dramatic press conference.

TRANSITION

Can this guy fix Greece’s debt mess? In anticipation of a government changeover, Greece’s two biggest political parties have decided to join forces and create an “interim national-unity government,” with Lucas Papademos—once vice president of the European Central Bank—poised to become the interim prime minister. Still, no official agreement has been reached, as some members of the Socialist Party are urging for a leader with a more political background. The nation’s current P.M., George Papandreou, has agreed to step down and let his successor oversee the country’s EU bailout.

POORHOUSE

A Pew Research study released Monday show a shocking spike in the wealth gap between old and young in the U.S. For example, households headed by people over the age of 65 are 47 times wealthier than those led by people under the age of 35. Some disparity is expected, as it takes time to accumulate wealth. The gap, however, has doubled since 2005, and 25 years ago it was only 10 to 1. The latest recession has hit young workers especially hard and forced many to take on debt to attend school. The elderly, meanwhile, have been kept afloat by programs such as Social Security and Medicare.

OCCUPY WALL STREET

Atlanta has emerged as a hotspot in the Occupy Wall Street movement. Police there arrested five people today in and around the site of the city’s own Wall Street protest. Just a day earlier, an unruly rally resulted in 20 arrests. Atlanta protesters are clashing with police over the laws surrounding their stomping grounds, such as a park curfew and the mayor’s recent executive decision to outlaw sleeping in the park overnight. Last month, about 50 demonstrators were arrested after setting up tents in the same park. Despite the crackdown, protesters seem determined to stay put.

JACKSON TRIAL

The verdict is in. Conrad Murray’s fate has been decided by a jury after less than nine total hours of deliberation. Michael Jackson’s doctor, attorneys from both sides of the case, and the media now have two hours to get back to the courthouse in Los Angeles before the verdict will be announced. Murray, who is accused of being responsible for the King of Pop’s death, faces up to four years in prison and having his medical license revoked if he’s found guilty.


DISSENT
Syria Moves Against Facebook
Assad regime silences social media.
OUCH
Avril Lavigne in Nasty Bar Fight
Boyfriend Brody Jenner gets bottle to the head.
The Long View
What's the Language of the Future?
English is splintering around the globe.
OOPS
Cleaning Lady Damages $1.1M Artwork
Thought sculpture was dirty.
HARD TIME
Lohan Spends Four Hours in Jail
Released due to overcrowding.
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