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Week In The News: Romney Abroad, Tea Party Win, Olympic Gold

With Wade Goodwyn in for Tom Ashbrook.

Romney gaffes abound, a big Tea Party win in Texas, tears and cheers from the Olympics.  Our weekly news roundtable dives into the headlines.

United States' Ryan Lochte starts in a men's 200-meter individual medley at the Aquatics Centre in the Olympic Park during the 2012 Summer Olympics in London, Wednesday, Aug. 1, 2012. (AP)

United States’ Ryan Lochte starts in a men’s 200-meter individual medley at the Aquatics Centre in the Olympic Park during the 2012 Summer Olympics in London, Wednesday, Aug. 1, 2012. (AP)

Governor Romney returns from a week abroad to mixed reviews.  President Obama gives millions in aid to Syria and secretly authorizes support of the free Syrian army according to reports.

The new job numbers are out and we’ll take a look at what it means for the economy and the presidential election.  Gabby Douglas wins gold in London making history as the first African American to win the all around in gymnastics.  The gay community tries to strike a blow against biased fried chicken sandwiches and conservatives ride to Chick-Fil-A’s rescue.

This hour, On Point: our weekly news roundtable goes behind the headlines.

-Wade Goodwyn

Guests

Trudy Rubin, writes the Worldview column for the Philadelphia Inquirer.

Byron York, chief political correspondent at the Washington Examiner.

Jack Beatty, On Point news analyst.

From The Reading List

New York Times “Frustrated by the seemingly intractable Syrian conflict, Kofi Annan announced his resignation on Thursday as the special peace envoy of the United Nations and the Arab League, throwing new doubts on whether a diplomatic solution is possible.”

The Atlantic “It’s even worse than it looks, because Romney’s plan is being measured here against a “current policy” baseline (in which the Bush tax cuts are extended). If it were measured against a “current law” baseline, it would look even more regressive–and it would also fail to be revenue neutral.”

BBC “At a news conference at the ECB’s headquarters in Frankfurt, Mr Draghi said the crisis was worsening and the bank was ready to help countries facing high borrowing costs by buying their debts at lower rates than on the open markets.”

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