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The Two-Way
1:33 pm
Wed January 4, 2012

As EU Mulls Oil Embargo, Iran Remains Defiant

Reuters and Bloomberg are both reporting that the European Union is close to imposing an embargo on Iranian oil. The Wall Street Journal goes a step further, saying that now that Greece has dropped objections to the ban, the EU has reached a preliminary agreement.

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The Two-Way
12:47 pm
Wed January 4, 2012

Boeing Says It Will Close Wichita Plant That Employs 2,160 Workers

Boeing plans to close its Wichita plant, where in 2005 members of the Machinists Union voted to go on strike, seen in this file photo.
Larry W. Smith Getty Images

Boeing Co. says it will shut down its Wichita facility, which specializes in maintaining and modifying the company's planes for military or government use. The plant is slated to close by the end of 2013.

The closure could devastate a portion of the local economy, according to The Wichita Eagle:

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The Two-Way
12:40 pm
Wed January 4, 2012

How Close Was It? Iowa Result Was .003 Tighter Than Bush-Gore In Fla.

Some of the caucus ballots from a GOP gathering Tuesday night in Des Moines.
Jewel Samad AFP/Getty Images

Originally published on Wed January 4, 2012 1:15 pm

When it comes to close political races, the recent Gold Standard in the U.S. is the 2000 presidential vote in Florida.

So we were wondering how last night's result in the Iowa Republican presidential caucuses compares to that famous hanging-chad contest between George W. Bush and Al Gore.

Let's walk through the math:

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Presidential Race
12:20 pm
Wed January 4, 2012

U.S. Politics: Hurrah For The Red, White And Screwy

Voters register to cast their ballots during Republican caucuses at a school in Des Moines, Iowa, on Tuesday.
Jewel Samad AFP/Getty Images

The American political system — as corny, eclectic, chaotic and screwed up as it is with its straw polls, caucuses, primaries and contested elections — somehow gets the job done time after time.

It's weird, really: In this country that celebrates unity and national spirit, a president is chosen via quirky, jerky state-by-state (sometimes precinct-by-precinct) methods. In this society that seeks perfection, the leader is selected in a painfully imperfect process.

But, to paraphrase the old saw: Our funky form of democracy may just be the least worst way to govern.

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Presidential Race
12:18 pm
Wed January 4, 2012

Iowa A Virtual Tie For Romney, Decisive For Bachmann

Mitt Romney and Rick Santorum finished virtually even in Iowa's caucuses Tuesday, but after Rep. Michele Bachmann's sixth-place finish, she announced Wednesday that she is suspending her campaign. For more on the GOP race and the next contest — Tuesday's New Hampshire primary — Linda Wertheimer talks with NPR's Brian Naylor, who's in the city of Manchester.

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