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8:10 am
Thu October 11, 2012

Beep If You Understand Veep Buzzwords

Wind turbines dwarf a church near Wilson, Kan. The White House wants to extend a federal wind energy credit, but the Romney campaign wants to let it expire.
Charlie Riedel AP

Originally published on Thu October 11, 2012 9:07 am

When Vice President Joe Biden and U.S. Rep Paul Ryan face off during their only debate, tens of millions of Americans will tune in to hear them defend their running mates' records.

And that audience Thursday night also will hear lots of budget-related buzzwords, with meanings that may not be entirely clear. Those words are shorthand for policies that could have huge impacts on taxpayers and the annual $1 trillion budget deficit.

Brushing up on terms of the debate can help voters better understand what's really being said on the stage at Centre College in Kentucky.

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The Two-Way
7:56 am
Thu October 11, 2012

Malala, Pakistani Girl Shot By Taliban, Airlifted To Military Hospital

Malala Yousafzai in March 2012.
T. Mughal EPA /LANDOV

The news coming out of Pakistan today in the case of Malala is not good: The 15-year-old girl shot by the Taliban has been airlifted to the "country's top military hospital for specialist treatment," Pakistan's Dawn reports.

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The Two-Way
7:06 am
Thu October 11, 2012

Forced Landing Of Syrian Plane, Opens Rift Between Turkey And Russia

People speak atop the aircraft steps of a Syrian passenger plane that was forced by Turkish jets to land at Esenboga airport in Ankara, Turkey, early Thursday.
Burhan Ozbilici AP

The rift between Syria and Turkey deepened, after Turkish warplanes forced a Moscow-to-Damascus bound passenger airplane to land on Wednesday.

Not only that but it also opened fresh conflict with Russia. The New York Times reports that today Moscow demanded answers for it called "air piracy" and Turkey said it had found illegal materials on board.

The Times reports:

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The Two-Way
6:55 am
Thu October 11, 2012

U.S. Foreclosures Drop Dramatically, But The Picture Remains Very Mixed

An auction sign in front of a Salem, Ore., home on Feb. 23.
Rick Bowmer AP

Originally published on Thu October 11, 2012 7:38 am

RealtyTrac, an online industry group that follows the foreclosure market, says the number of foreclosed properties nationally dropped dramatically in September, down by seven percent from August. And the firm says since September 2011, foreclosures are down 16 percent — that's the lowest total since July 2007.

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The Two-Way
6:18 am
Thu October 11, 2012

Jobless Claims Drop To Lowest Level In More Than Four Years

Originally published on Thu October 11, 2012 12:30 pm

There were 339,000 first-time claims for unemployment benefits last week, a decrease from last week's revised figure of 369,000, the Employment and Training Administration says.

Reuters reports it's the lowest number in more than four years. Reuters adds:

"The prior week's figure was revised up to show 2,000 more applications than previously reported.

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