Obama begins meeting with congressional caucuses; the World Bank president makes a plea for developing countries; stocks tumble as the shutdown keeps going; and an undercover officer may have been involved in the Alexian Lien incident. Meanwhile, the Sinead-Miley feud continues, and Kanye West is off the hook for anger management classes.
-Sandy + Maura
Obama to meet with congressional caucuses, http://rtvote.com/18Pd0N8
Day 9 of the shutdown has arrived. President Obama has announced that he will meet with Republican and Democratic congressional caucuses in the upcoming days. The first session will take place today at 4:30 PM EST with the House Democrats; the government shutdown and the possibility of a debt ceiling default will be discussed.
World Bank President: Debt debate could be dire, http://rtvote.com/1fgvYkR
If the U.S. defaults because of a failure to raise the debt ceiling by October 17th, the consequences could be much more severe than what some Republicans think. The president of the World Bank, Jim Yong Kim, warns of the significant economic setbacks developing countries would experience as a result. Even during these times of uncertainty, these countries could experience a destabilization of stock markets and an increase in borrowing costs.
Stocks: Nasdaq tumbles 2% as shutdown drags on, http://rtvote.com/18NhDXW
It was Day 8 of the government shutdown yesterday, and the stock market started to see numbers drop further and further. Even though the damage to stocks in the first seven days of the shutdown were limited, investors are beginning to become anxious. Many believe a default is avoidable, but the market will continue to fall unless a decision to raise the debt ceiling is made sooner rather than later.
Official: Off-duty officer allegedly seen pounding SUV in video of attack, http://rtvote.com/1fgMj9a
An undercover police officer, who was riding with the motorcyclist gang from the infamous September 29th incident, may have been involved in Alexian Lien’s attack. The officer did not come forward for three days for fear that his cover would be blown. He has been assigned to desk duty, and it remains unclear whether or not he partook in Lien’s vicious beating.
Taser use on 8-year-old justified, police in S.D. say, http://rtvote.com/1e92h23
An unnamed police officer deployed his Taser at an 8-year-old girl, who was holding a knife to her chest, threatening suicide. Police Chief Bob Grandpre defends the officer’s action as something that may very well have saved the girl’s life. However, her parents are furious, claiming that tasering a young child is unjustifiable. The Taser company’s website describes the shock as mild to moderately painful. The child was not seriously injured.
Stephen Colbert, Craig Ferguson, David Letterman, and Jay Leno poke some fun at our government’s functionality (or lack thereof) in “Punchlines: Debt ceiling? Shutdown? One comic says bring it on”, http://rtvote.com/18Pu8Cj
Eric Liu has some words of advice for Obama in “Four ways for Obama to lead U.S. out of crisis”,http://rtvote.com/1g0826q
Sinead O’Connor Slams Miley Cyrus in Fourth Letter to Pop Star, http://rtvote.com/18NmyYJ
Kanye West Ordered to Stay Away from Photographer, No Anger Management Classes Required,http://rtvote.com/18NmNTD
Snooki Talks Anorexia Struggle During High School on Dancing with the Stars: “It Got Really, Really Bad”,http://rtvote.com/18NmUyE
Tom Hanks Reveals Type 2 Diabetes Diagnosis to David Letterman, http://rtvote.com/1fgKjxC
Tags: Alexian Lien, Anger Management, anorexia, caucuses, Congress, Craig Ferguson, David Letterman, debt, default, Democrats, developing countries, diabetes, Eric Liu, feud, gang, house, jay leno, Jim Yong Kim, Kanye West, Miley Cyrus, motorcyclists, nasdaq, Obama, police, republicans, Senate, shutdown, sinead o'connor, Snooki, Stephen Colbert, stocks, SUV, Taser, Tom Hanks, undercover, world bank