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Nancy Pelosi Wins One Battle and Loses Another

San Francisco's Nancy Pelosi will be House Speaker, but she won't have the man she wanted as Majority Leader. Will the Democrats be unified on the war in Iraq, ethics and their so-called "new direction?" Who will the Republicans choose to lead the new minority? Plus, President Bush is in Asia talking trade and terrorism, and the bid for leadership in a $30 billion video-game industry.

Making News

President Bush Seeks to Reassure Asian Allies on North Korea ()

President Bush opened his five-day tour of Asia today with a warning about terrorism and North Korea's nuclear technology. The President is in Singapore before going to Vietnam to attend the Asia Pacific Economic Cooperation Forum.

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Main Topic

Nancy Pelosi Wins One Battle and Loses Another ()

San Francisco Democrat Nancy Pelosi will be the first female House Speaker, and third in line to the President. But her Majority Leader won’t be the Pentagon stalwart who changed the debate on Iraq. Fellow Democrats rejected Pelosi's choice of John Murtha of Pennsylvania by the whopping margin of 60%. Stenny Hoyer of Maryland, Pelosi's long-time rival, was elected instead. Will House Democrats be unified on Iraq, ethics and what they call the "new direction" demanded by voters? What message will the Republicans send when they choose the new minority leaders tomorrow?

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Reporter's Notebook

Gamers Camp Out for PlayStation 3 ()

Video-game fans are lined up on the sidewalks in cities around the country in hopes of getting Sony's new PlayStation 3.  American outlets will only get 400,000 of the new machines, which are priced from $499 to $599.  That's not high enough to discourage the most determined players, who are waiting for sales to begin at midnight tonight.  What does the PS3 mean for a $30 billion industry?

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Transcripts of To the Point are available from The Transcription Company, (818) 848-6500, or www.transcripts.net. A CD copy is available by calling 1.888.600.5279

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