Originally published on Tue November 20, 2012 6:20 am
The fiscal cliff has economists and politicians in a tailspin. The term is used to describe what will happen if Congress fails to come to an agreement on budget cuts or tax increases by the end of the year. Some say the term is inaccurate, and somewhat alarmist. Linda Wertheimer talks to linguist and Boston Globe language columnist Ben Zimmer about the origin of the term fiscal cliff.
For more on the politics within the Palestinian territories, we turn now to NPR's Anthony Kuhn in Gaza. He reports that the current conflict has helped unite Palestine's various factions and strengthened Hamas' domestic political position.
ANTHONY KUHN, BYLINE: A video on the Internet shows a concealed metal trapdoor in the ground opening automatically. On the underside of the door are missile tubes and the flag of the Islamic Jihad movement.
In New York, the city is expected to begin demolishing some of the houses that were damaged by Hurricane Sandy. Inspectors have fanned out across the boroughs to places hard hit by the storm to decide which houses are safe to return to and which are not. Some of the most-damaged neighborhoods are along the coastal stretches of Staten Island. NPR's Jeff Brady began his story on the streets of the Midland Beach neighborhood.
And now for today's business bottom line. Last summer's drought has brought bad news this fall - low crop yields, especially of corn; plus higher prices, and a prediction from the Department of Agriculture that corn exports will be at a 40-year low. The U.S. still is the world's biggest supplier of corn. But this year, American exporters won't be quite as dominant as usual, in the global corn market. From Missouri, Abbie Fentress Swanson reports on the impact this is having.
And today's last word in business: 'Tis the season for shopping days with names.
LINDA WERTHEIMER, HOST:
It's not just Black Friday anymore. With stores opening earlier and earlier, Black Friday is fast becoming Black Thursday. You might still go out and bargain hunt on Friday, but be warned, there's no rest for you on Saturday. There's now Small Business Saturday, when shoppers are encouraged to buy from local stores.
This is MORNING EDITION from NPR News. I'm Renee Montagne.
LINDA WERTHEIMER, HOST:
And I'm Linda Wertheimer in for Steve Inskeep.
After attending the annual summit of Southeast Asian leaders, President Obama is winging his way home this morning. And tomorrow, he'll issue the traditional Thanksgiving turkey pardon. Then after the holiday it's back to budget talks with congressional leaders deciding what else might be spared, and what government programs or tax breaks might feel the knife.
Scientists working on NASA's six-wheeled rover on Mars have a problem. But it's a good problem.
They have some exciting new results from one of the rover's instruments. On the one hand, they'd like to tell everybody what they found, but on the other, they have to wait because they want to make sure their results are not just some fluke or error in their instrument.
The rumors that had been around for a couple of years have finally been confirmed: At long last, there's a film in the works about the turbulent life of Nina Simone, otherwise known as the "High Priestess of Soul."
Simone was famous from the 1950s through the '70s for her music and her civil rights activism. And although she died in 2003, her voice remains popular on TV, movie soundtracks and commercials.
The Justice Department has a big decision to make.
Parts of new laws in Colorado and Washington that legalize small amounts of recreational marijuana will take effect early next month. The Obama administration needs to choose whether it will sue to stop the legislation or let those states go their own way — even though the drug remains illegal under federal law.
Colorado Gov. John Hickenlooper, a Democrat, says the message he got from voters is unambiguous.
Good morning. I'm Renee Montagne with a credit card that's worth its weight in gold. For those who want to buy bling with bling, a bank in Kazakhstan plans to offer a Visa card made of gold, plus a couple of dozen diamonds and mother of pearl. It will require $100,000 upfront and an annual fee of $2,000, but there are no late fees and you get a free iPhone. It won't be the first bejeweled card, just the first made of pure gold. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.