Tuesday, 20 December 2011

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The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. Click on the headlines for more.


WASHINGTON/POLITICAL:


CNN: Democrats offer payroll tax cut compromise

Senate Democrats on Monday offered a new proposal to extend the payroll tax cut before it expires at the end of the year, and President Barack Obama quickly urged Congress to help middle-class Americans by passing it.


CNN: Pelosi ready to tell all on Gingrich

Former House Speaker Nancy Pelosi's office said Monday that any potentially-damaging information she had on Newt Gingrich was all open to the public, defending earlier comments that she had "a thousand pages" of investigative material on Gingrich during his time as House speaker.


CNN: Where will Cain's supporters go now?

In the wake of Herman Cain's decision to halt his presidential campaign, the main questions are who will he endorse, will his supporters follow his lead, and will it matter?


Washington Post: 2012: The year of the insider?

Every poll conducted over the last two years makes one thing crystal clear: Voters are sick of the status quo in Washington and want outsiders to shake things up. And yet, with less than a month remaining before the Iowa caucuses, the two frontrunners for the Republican presidential nomination — former Massachusetts governor Mitt Romney and former House Speaker Newt Gingrich — are political insiders of the first sort.


NATIONAL: 


CNN: BP says Halliburton 'intentionally destroyed evidence' after Gulf oil spill

BP is accusing Halliburton of having "intentionally destroyed evidence" related to the explosion aboard an oil rig in the Gulf of Mexico that led to the worst oil spill in U.S. history.


CNN: Church reverses ban on interracial marriages

Two weeks ago, Gulnare Free Will Baptist Church in Pike County, Kentucky, voted 9-6 to ban couples in interracial marriages from attending or participating in the church. But on Sunday, the small church reversed its course.


CNN: Body of missing Georgia girl, 7, found

Police have found the body of a 7-year-old Georgia girl who went missing more than two days ago, the state's chief law enforcement official said Monday.


New York Times: Derek Boogaard: A Brain ‘Going Bad’

An examination of the brain could unlock answers to Boogaard’s life and death. It could save other lives. But there was not much time to make a decision. Boogaard, the N.H.L.’s fiercest fighter, dead of a drug and alcohol overdose at 28, was going to be cremated.


INTERNATIONAL:


CNN Money: France and Germany outline fiscal pact

Ahead of a key summit this week, the leaders of France and Germany agreed Monday on a new fiscal pact that they say will help prevent another debt crisis.


CNN: Taliban could return, Karzai warns Bonn conference

The Taliban could make a comeback and take over Afghanistan again, the country's President Hamid Karzai warned Monday at an international conference on Afghanistan's future.


CNN: Iraqi leader under Saddam Hussein to be executed, official in Baghdad says

Tariq Aziz, who served as Iraq's top diplomat under Saddam Hussein, will be executed next year, after U.S. forces have pulled out of the country, an adviser to Iraq's prime minister told CNN on Monday.


CNN: Syria agrees to Arab League call for observers, but with conditions

Syria agreed Monday to Arab League demands that it allow observers into the country, but on the condition that the group immediately drop sanctions and agree to amendments that league officials have previously rejected.


BUSINESS:


CNN Money: S&P puts 15 eurozone governments on notice

Standard & Poor's said Monday that it placed 15 members of the euro currency union on review for a possible downgrade as the debt crisis in the eurozone continues to worsen.


CNN Money: Stock rally fizzles on talk of eurozone downgrade warning

U.S. stocks rose Monday but finished below their highest levels of the day, as investors turned cautious following reports that Standard and Poor's may put eurozone nations on notice for possible downgrades.


CNN Money: Postal plan: Slower delivery, 28,000 jobs lost

The U.S. Postal Service on Monday announced a $2.1 billion cost savings proposal that would result in the end of next-day service for regular mail and the loss of about 28,000 postal worker jobs.


In Case You Missed It…

Did CNN's Wolf Blitzer make up his name for TV? How does he grow such a great beard? He answers your iReport questions.





The Green Bay Packers are the defending Super Bowl champions, they're the class of the NFL again this year at 12-0, and they have an MVP-caliber quarterback in Aaron Rodgers putting up mind-boggling numbers.


And they make great stocking stuffers too!


For the fifth time in the publicly owned team's history, Packers stock went up for sale Tuesday morning ... just in time to make every Green Bay fan's Christmas wishes come true. According to team president Mark Murphy, a hefty 1,600 shares were sold in the first 11 minutes of the sale.


"This is an exciting day for the Packers," Murphy said. "It's an historic moment, we believe, for the organization."


With shares going at $250 each, the team is trying to raise money for a $143-million expansion of Lambeau Field that is being funded without any taxpayer dollars. The Packers are hoping to match the sum of $20 million they raised in 1997, the last time team stock was sold.


That goal seems quite feasible, as online sales are making it easy for fans to become a part of a team that is on an amazing roll right now.


"I think our fans across the country are very excited to support that success, be a part of that, and this is a great way for our fans to support the team and to ensure we continue to have great success and have strong, competitive teams into the future," Murphy said.


Stockholders are able to vote on team business and attend annual meetings, but the shares themselves have no financial value and can't be resold. As the website reminds: "Common stock does not constitute an investment in 'stock' in the common sense of the term. Purchasers should not purchase common stock with the purpose of making a profit."


RELATED:


Aaron Rodgers keeps Packers undefeated


Is Denver's Tim Tebow the MVP of the NFL? [Poll]


Young quarterbacks aren't out of their depth in NFL


-- Chuck Schilken


The Associated Press contributed to this report.


Photo: An image from packersowner.com




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