One of the European parliament’s most influential members, the German Christian Democrat Elmar Brok, has declared that Standard & Poor’s decision to downgrade the credit ratings of nine eurozone member states is part of a “currency war” being waged by the United States against the euro and Europe itself.Read more
The Daily Caller: "Researchers: Obamacare cost estimates hide up to $50 billion per year"
Washington Post: Is Newsweek sexist?Read more
Yesterday on Fox News Sunday, Paul Ryan responded to Standard & Poor’s downgrading of America’s long-term debt by explaining to host Chris Wallace that Republicans in the House “passed a budget, which according to somebody from S&P yesterday, would have prevented this downgrade from happening in the first place.” America’s credit rating was downgraded to AA+ Friday night from AAA, the highest rating given out by the New York-based agency.Read more
It’s amazing that a senior member of a party that’s in control of a legislative body that hasn’t passed a budget of any sort in more than two years would publically try to pin blame for Standard and Poor’s recent downgrade of America’s long-term credit rating on, of all groups, the Tea Party. But that’s exactly what happened on Meet the Press yesterday.Read more
New York Times: "Second Recession in U.S. Could Be Worse Than First"
Washington Post: "Geithner tells Obama he will remain as Treasury secretary"Read more
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