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January 26th, 2009
04:36 PM ET

New allegations in church scandal

Eric Marrapodi and Jim Spellman
CNN

A prominent evangelical pastor who was fired amid allegations that he used drugs and patronized a male prostitute in 2006 is embroiled in a fresh controversy involving allegations of a second inappropriate relationship.

The Rev. Ted Haggard had a sexual relationship with a second man - a 20-year-old volunteer at his megachurch - and the church agreed to pay the man in exchange for his pledges not to talk publicly about the relationship, the Rev. Brady Boyd told CNN on Monday.

The young man's lawyer and the church's insurance company negotiated a settlement that provided the man money to pay his college tuition, moving expenses and counseling, Boyd said.

FULL POST


Filed under: 360° Radar • Top Stories
January 26th, 2009
03:49 PM ET

High school football coach charged in player's death

Coach Jason Stinson has been charged with reckless homicide in the heat-related death of a player.

Coach Jason Stinson has been charged with reckless homicide in the heat-related death of a player.

A popular Kentucky high school football coach is being arraigned Monday on a reckless homicide charge in the heat-exhaustion-related death of one of his players.

A grand jury indicted Pleasure Ridge Park football coach Jason Stinson on Thursday in the death of Max Gilpin, 15.

The player collapsed August 20 during a summer practice and died three days later.

"It's a sad day," Stinson told supporters gathered on his lawn to pray Saturday, CNN affiliate WHAS reported. "My heart is broken. Part of my life has been taken away. I no longer teach, and I no longer coach at the school that I love."

Keep Reading...

January 26th, 2009
03:47 PM ET

How to rescue banks

Joseph E. Stiglitz
Special to CNN

America's recession is moving into its second year, with the situation only worsening.

The hope that President Obama will be able to get us out of the mess is tempered by the reality that throwing hundreds of billions of dollars at the banks has failed to restore them to health, or even to resuscitate the flow of lending.

Every day brings further evidence that the losses are greater than had been expected and more and more money will be required.

The question is at last being raised: Perhaps the entire strategy is flawed? Perhaps what is needed is a fundamental rethinking. The Paulson-Bernanke-Geithner strategy was based on the realization that maintaining the flow of credit was essential for the economy. But it was also based on a failure to grasp some of the fundamental changes in our financial sector since the Great Depression, and even in the last two decades.

Keep Reading...


Filed under: Bailout Turmoil • Economy • Finance • Wall St.
January 26th, 2009
03:09 PM ET

Blago CAN call witnesses, even if he complains he can’t

Editor’s Note: You can read more Lisa Bloom blogs on “In Session

Gov. Rod Blagojevich

Gov. Rod Blagojevich

Lisa Bloom
AC360° Contributor
In Session Anchor

Over and over again, Governor Rod Blagojevich has said that the Illinois Senate impeachment hearing is unfair because he is not permitted to call witnesses.

This is the same guy who’s compared himself to Gandhi and Martin Luther King, Jr. so his credibility is strained. Nevertheless, I will strongly defend anyone’s due process rights, so I decided to look into this claim.

It is false. Illinois Senate impeachment rule 15 states: “Requests of subpoenas for witnesses, documents or other materials may be made by the Governor or his counsel in the form of a verified written motion to the Chief Justice . . . “ As far as I can tell, that did not happen.

FULL POST


Filed under: Lisa Bloom • Rod Blagojevich
January 26th, 2009
02:58 PM ET

Still more twists from the Bush White House email saga

David Gewirtz | BIO
Editor-in-Chief, ZATZ Publishing

The Bush White House email story just gets weirder and weirder. In his inauguration speech, President Barack Obama told us, "The time has come to set aside childish things." Within the United States Government, apparently old habits die hard.

Apparently, even though the Bush administration is now out of office, the Bush administration's legal team responded late last week to a federal judge's emergency order as if they were still representing the Executive Office of the President.

For those keeping track, this was just a few days after telling the Judge there was no "there is no distinct entity known as the 'Executive Office of the President'."

FULL POST

January 26th, 2009
12:44 PM ET

Guantánamo: To close or to relocate?

President Obama has signed an executive order to close the Guantanamo Bay, Cuba, detention facility.

President Obama has signed an executive order to close the Guantanamo Bay, Cuba, detention facility.

David Kennedy
AC360° Contributor

It has become clear in the past week that, in political terms, the Bush administration has made Guantánamo extremely difficult to close. How do you deal with people – some innocent, some guilty, some dangerous, some not – who were held or interrogated under the relatively permissive legal rules of the Bush years once President Obama’s stricter rules are put in their place?

Terrorism is, in the end, both a serious violent crime and a tactic favored by many who see themselves as fighters in a transnational insurgency. To truly close Guantánamo, we will need to learn to accept the risks associated with combating sustained and dangerous criminal activity, whether through our criminal justice system or through the laws of military justice and armed conflict which regulate our ongoing military actions around the world. Those include the risk that some released from custody will go on to commit violent crimes or rejoin insurgent or terrorist groups.

FULL POST

January 26th, 2009
12:34 PM ET

Signs of a turnaround?

Program Note: Tune in for Ali Velshi's full report tonight on AC360 at 10pm ET.

Ali Velshi | Bio
CNN Chief Business Correspondent

Sales of existing homes for December were reported this morning.

Total sales for 2008 were down about 15% – worst on record, BUT...

December showed an improvement.
Supply of inventory is WAY down from its worst.
People are starting to buy.

We've seen an increase in mortgage applications and refinancing since December.

So demand seems to be increasing for houses, and supply is decreasing. That's a good combination.

Remember we're keeping an eye on major indicators: the market, jobs and housing. Clearly we're nowhere near the bottom on jobs. We're still struggling to find the bottom on the market. But this is the first real sign that the housing issue might be leveling off.

Not enough for a trend, but enough for a little hope.


Filed under: Ali Velshi • Economy • Finance • Housing Market
January 26th, 2009
11:47 AM ET

Financial Dispatch: Job-cut juggernaut

Andrew Torgan
CNN Financial News Producer

Tens of thousands of job cuts were announced this morning across a wide range of industries, adding to what’s already shaping up to be a grim year for workers in the United States.

Caterpillar, the world's largest maker of mining and construction equipment, is cutting 20,000 jobs. Home Depot is cutting 7,000 workers and closing its Expo home-design business. Sprint-Nextel will cut a total of about 8,000 jobs by March 31. Farm-equipment maker Deere & Co. says it will lay off almost 700 workers at factories in Brazil and Iowa. Oilfield services company Schlumberger is cutting 5,000 jobs. And General Motors will layoff 2,000 more workers this spring and will schedule down time at most of its plants.

FULL POST


Filed under: Andrew Torgan • Economy • Environmental issues • Finance • Gas Prices • Oil • Unemployment • Wall St.
January 26th, 2009
11:31 AM ET

Pakistan poses a growing challenge for the Obama Administration

Students gather outside a destroyed school on January 17 in Kundar in Pakistan's Swat Valley.

Students gather outside a destroyed school on January 17 in Kundar in Pakistan's Swat Valley.

Aryn Baker and Omar Waraich
Time

To understand the scale of the challenge facing him as President Obama's envoy to promote U.S. interests in Afghanistan and Pakistan, Richard Holbrooke might consider the story of Amjad Islam.

Islam, a schoolteacher in Matta, Pakistan, refused to comply when local Taliban leaders demanded that he hike up his trousers to expose his ankles in the manner of the Prophet Muhammad. The teacher knew Muslim teachings and had earned jihadist stripes fighting Soviet troops in Afghanistan in the 1980s. Their edict was wrong, Islam told the Taliban enforcers; no such thing had been demanded even by the Taliban regime in Afghanistan in the '90s.

The scuffle that resulted left Islam's body hanging in the town square. To drive home their warning to the locals, the militants also shot the teacher's father.

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Filed under: 360° Radar • Global 360° • Pakistan
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