Monday, October 27, 2008

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October 27, 2008 | Afternoon Edition
Top Stories
Body Found In SUV Linked To Hudson Murders
Police: Unidentified Boy's Body Found On Chicago's West Side In Car Registered To Singer's Brother

CBS News Programs

U.S.  » More U.S.
Pickens: My Energy Plan Is The "Only Plan"
Tells 60 Minutes Wind Power, Solar Energy And Domestic Natural Gas Are The Only Choices To End Country's Oil Addiction

 Gun Sales Thriving Despite Tough Economy
 U.S. Army Warns Of Twittering Terrorists
 Hudson Offers Reward For Nephew's Return

World  » More World
Politics  » More Politics
Obama To Make "Closing Argument"
In Ohio, Democrat Says Election A Chance To Reject "Politics That Would Divide A Nation Just To Win An Election"

 Palin's Consignment Shop's Owner Speaks
 Gun Sales Thriving Despite Tough Economy
 Does The Economy Need Another Stimulus?

Health  » More Health
Hallway Beds Ease ER Overcrowding
Hospitals Say "Boarding" Patients In Halls Speeds Treatment, But Some Say Practice Is Deadly

 Study: AIDS Treatment Should Start Sooner
 Diagnosing The Health Care Debate
 Why The French Can Afford To Get Sick

SciTech  » More SciTech
Business  » More Business
Strange  » More Strange
Entertainment  » More Entertainment
Opinion  » More Opinion
Oliver Stone's "W." Backfires
National Review Online: Director Intended To Make Us Come Out Hating Bush, Instead He Makes Bush More Likeable

 The Endurance Race To The White House
 Is The Word "Sale" In Your Repertoire?
 The GOP Scapegoats ACORN

Top Videos  » More Videos

Markets Fear World Recession (1:32)

Hudson Pleas For Nephew (4:04)

Credit Default Swaps (12:26)

Rock Paper Scissors Champion (3:18)

Ark. Reporter Death A Homicide (3:49)

Romney Praises Palin (5:38)
Top Photos  » More Photos

Photos Of The Day

2008 World Series: Game 4

Celebrity Circuit

The Amazing Race 13

The Stork Club

Ahead Of The Polls
Latest Blog Posts  » More Blogs
Starting Gate: Closing Time
Obama Ending Campaign On A High Note Read More
Katie Couric's Notebook: MP3 Players
Is The Proliferation Of iPods - Is It Music To Your Ears Or Potentially Harmful? Read More
McCain: Obama, Reid, Pelosi "A Dangerous Threesome"
Campaigning in Ohio Read More
Most Viewed
Stories
1. The Bet That Blew Up Wall Street
2. Campus Shooting Leaves Two Dead, One Hurt
3. McCain: 1/3 Palin Clothes Already Returned
4. Pickens: My Energy Plan Is The "Only Plan"
5. Post-Halloween Pumpkin Extravaganza
Videos
1. Credit Default Swaps (12:26)
2. Man On A Mission (12:44)
3. 60 Minutes Online, 10.26.08 (42:37)
4. Don't Rock The Boat (2:10)
5. Problems With Early Voting? (2:27)
Photos
1. Celebrity Circuit
2. Photos Of The Day
3. Jennifer Hudson
4. Celebrating Fashion
5. Obama On The Trail

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Business: ATL inventor breaks through again

Run a car until it sells on ajccars.com
Get Down to Business! Take the AJC 8-Week Challenge
Make your money do good. nonprofits & volunteer opportunities Search Atlanta non-profits.

Haunted houses, costume ideas and more in ajc.com's Holiday Guide

Let your voice be heard: Vote for your favorite live theater in Best of the Big A.

business newsletter

Invention called 'stunning insight'
My Opinion
Thomas Oliver: Free market needs to be politics-free.

No cutbacks on Perdue pet 'Go Fish' project
Amid state employee furloughs and calls for massive spending cuts, work is set to begin this week on the $23 million Go Fish Center down the road from Gov. Sonny Perdue's home in Houston County. Discuss.
 
Super Soaker inventor breaks through again
 Lonnie Johnson, 59, the Atlanta man still known as Mr. Squirt Gun, unveils his latest invention that appears to do the impossible: generating electricity with no fuel and no moving parts.

Engineers of growth share election concerns
Small businesses are considered the backbone of the nation's economy, and many owners in metro Atlanta are worried about the same things in the upcoming elections: the economy, taxes, health care. Read what some of them have to say.

AJC reader audience rises
The Atlanta Journal-Constitution's combined reader audience in print and online rose 3.4 percent from a year ago, even as print circulation declined, the company said Friday.

Sinking home values ripple
Tumbling real estate values in metro Atlanta will cut both ways in coming months, with many property owners likely due substantial tax breaks at the expense of already cash-starved local governments.

Bankruptcy filings surge in N. Ga.
As of Friday, 283 companies and their affiliates had filed for Chapter 11 protection from creditors in Georgia's Northern District, which has offices in Atlanta, Gainesville, Newnan and Rome.
Feds paving way  to reopen closed Alpha Bank as Stearns

Stocks fall at open
 News that the Treasury plans to start distributing money to major banks this week is offering investors some room for optimism, even as economic worries remain. But investors are worried that the credit crisis has hurt the world's economy.
Treasury begins distributing cash to banks | Fed may lower rates again
Wall Street workers leaving NYC for fresh start
 
Cheap-seats fans getting a break
With stocks plunging and a steady drumbeat of layoffs, bankruptcies and foreclosures, sales efforts such as variable pricing, pay-as-you-go plans, package deals and even mandated cheap seats are growing in pro sports arena. And they're likely to only get more popular.

IMF director to keep his job despite affair
The IMF board issued a statement late Saturday saying that the actions of IMF Managing Director Dominique Strauss-Kahn, who had an affair with a married subordinate, were "regrettable and reflected a serious error of judgment."

Barnes & Noble starts social networking Web site
The superstore chain today launched "My B&N," where online shoppers can set up personal pages focusing on their interests in books, film and music. They can also share information with Facebook and other social networks.

Huffington and Brown: Paths intertwine in the blog thicket
Arianna Huffington and Tina Brown are two powerful women on opposite coasts running competing Web sites. Ms. Brown's new The Daily Beast site aims to capitalize on her knack for tastemaking. Ms. Huffington's site, The Huffington Post, is already one of the Web's biggest success stories.

Calphalon launches new electric cookware line
Rolling out a line of higher-end kitchenware might not seem like a good move at a time when consumers are being urged to cut spending. Then again, the new frugality could prompt them to spend more time in their own kitchens, where they'll want to use quality equipment.

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Closing Time



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Monday, Oct. 27, 2008
Closing Time

With just a little over one week left in this marathon presidential campaign, the candidates will spend their dwindling time dashing from one battleground state to another looking for the votes that could swing the election one way or the other.

That they’ll be almost exclusively traversing territory President Bush won in 2004 indicates where the campaigns believe the race to be at the moment – and the candidates’ arguments are telling as well. John McCain’s message at the end of the campaign comes in three basic parts – convince voter that he is, in fact, not George Bush, convince them that Barack Obama is going to raise their taxes and get them to give second thought to putting a one-term senator in the White House.

Obama’s closing argument, which he begins laying out in a speech today, is a much different one. “In one week, you can put an end to the politics that would divide a nation just to win an election; that tries to pit region against region, city against town, Republican against Democrat; that asks us to fear at a time when we need hope. In one week, at this defining moment in history, you can give this country the change we need,” Obama will say according to prepared remarks.

“[T]he change we need isn’t just about new programs and policies,” he will continue. “It’s about a new politics – a politics that calls on our better angels instead of encouraging our worst instincts; one that reminds us of the obligations we have to ourselves and one another.”

This is the “transformational” message that first attracted attention to Obama and launched his campaign. Early in 2007, Obama joined all the then-Democratic presidential hopefuls at the DNC Winter Meeting where he delivered what at the time was described as a low-key speech to a red meat audience. “This is not a game. It’s not a contest for the TV cameras,” Obama told Democrats then. “This is a serious moment for America. And the American people understand that. They’re in a sober mood.”

It’s not the same candidate who has been on display for the bulk of this campaign. For much of the primary season and most of the general election, we’ve heard more about health care policies than hope. There have been some high-profile exceptions – ones that the McCain campaign turned into some humorous and effective attacks on “The One.” But from his acceptance speech to the debates and on the campaign trail, Obama has gone to great lengths to sound almost wonkish on policy.

Precisely because of that focus, Obama has been very successful in soothing concerns about his ability to handle the presidency. Now he appears to be ending his campaign the way he began it – on a high note.  In today’s Horserace
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60 Minutes Recap Alert



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If you missed Sunday's 60 Minutes, here's a recap of our broadcast:

 

Credit Default Swaps

Steve Kroft examines the complicated financial instruments known as credit default swaps and the central role they are playing in the unfolding economic crisis.  

 

Watch it now.

 

T. Boone Pickens

The oil and gas maven is on a mission to lessen America’s dependence on foreign oil. Charlie Rose reports.  

 

Watch it now.

 

Gorongosa

American Greg Carr is using his great wealth to try to help some of the poorest people in Africa by attracting more tourists to their neighborhood - the beautiful national park of Gorongosa in MozambiqueScott Pelley reports. 

 

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Plus, spend a few minutes with Andy Rooney.

 

60 Minutes, every Sunday at 7 p.m. ET/PT.

 

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