Daily Political Wire

George Wenschhof

Turmoil Continues in Egypt - Day seven of wide spread protests has led to police being ordered back to the streets and the U.S. evacuating citizens. Demonstrators continue to call for the removal of President Hosni Mubarak. In addition to the political questions as to what type of government will emerge from this crisis, huge sums of money is leaving Egypt as a result of the unrest.



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U.s. Ambassador To China Expected to Resign - Jon Huntsman is expected to resign soon to explore a run for president. The former Utah Governor will join a long list of those vying for the Republican nomination. Politico.com has more here.

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U.S. Home Prices Continue Downward Trend - in a major sign the economy continues to struggle, a Wall Street Journal survey showed home prices declined in the fourth quarter in all 28 major urban cities across the country from the previous year. In addition, unsold inventory is piling up, further pushing home prices down. You can read more here.

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House Democrats Begin "Drive for 25" to Recapture Majority - didn't we just have an election? It is not stopping the Democratic Congressional campaign Committee (DCCC) from beginning their effort to regain the majority in the House. They are already targeting 19 Republican House seats in Democratic leaning districts. They also adopted the slogan "Drive for 25" which highlights the number of seats they need to gain to recapture the majority. The Washington Post has more here.

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Politico's Top Ten Senate Races to Watch in 2012 - In Virginia, it is Democrat incumbent Jim Webb (if he decides to run - strong rumors indicate he will not) against Republican George Allen. republicans could win this seat in 2012. You can read the rest of the top ten here.

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Sunday Morning "Talking Heads" Highlights - In case you missed them, below CNN's Candy Crowley give a quick rundown on what was sais yesterday.



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