"The United States’ prized top AAA credit rating has been cut for the first time ever. Standard & Poor’s has dropped America’s ranking to AA+. The destructive force is the crippling debt which Congress has struggled to agree on how to tackle, with only an 11th-hour deal to raise the amount allowed. S&P says that’s not enough - and falls far short of what’s needed to stabilize the government’s runaway borrowing. But the Obama administration says the analysis is way off, and will damage any recovery."
"In the past week alone 2.5 trillion dollars have been wiped off the value of global stocks.
That is why world leaders and policy makers have been scrambling over the weekend, trying to find a way out of the turmoil on the international markets caused by the debt crises in Europe and the United States."
"Conflicting and confused messages from Europe’s policy makers have raised concerns that next week may worsen the eurozone debt crisis.
Fresh worries over Europe’s bailout mechanisms this week hastened fears of another recession and saw stocks suffer their heaviest losses since 2008."
"European finance ministers have expressed confidence in the US economy, in spite of the country’s credit rating being downgraded for the first time in history.
However, China - which holds the vast majority of US debt - is far from happy.
Leaders there have criticised what they called Washington’s "addiction" to debt. "
White House Pushes Race War, Then Blames Guns For Flanagan's "Race War" 2015-08-27 5:04 "You want a race war (expletive)?" Asked shooter
The Obama administration is blaming guns for the WBDJ-TV shooting, even though the shooter, Vester Flanagan, was influenced by the White House’s race baiting.
The White House has been falsely insinuating that racism is the dominant factor behind numerous events over the past several years, even those that didn’t involve race at all, and ...
How Google Destroyed the Internet 2015-08-27 5:12
The internet was created to resolve a simple problem: in communications networks, any central node through which all messages passed was vulnerable to attack or takeover. To counter this, engineers designed a network where any node would pass messages to other nodes, routing around any damage.
Then came commerce and the democratization of the internet.
Under this model, frightened sheep flock to ...
German government opens borders to all Syrians 2015-08-27 4:00
The German government has flung open Germanyâ€™s borders to any and all Syrians, regardless of whether they claim to be asylum seekers.
A statement from the German Federal Office for Migration and Refugees said that â€śGermany will become the member state responsible for processing their claims.â€ť
This new diktat means Syrians will no longer have their asylum cases reviewed to see if ...
Left Pushes End of Church Tax Exemptions 2015-08-27 2:51
Emboldened by their latest win in the Supreme Court over same-sex "marriage," the left has been trumpeting the cause tax exemptions for religious institutions at a much faster rate, setting the stage for it to become a national agenda.
Immediately following the Supreme Court decision that declared same-sex marriage legal, Time's Mark Oppenheimer openly declared that churches should be stripped of their ...
Meet Americaâ€™s First School District to Serve 100% Organic Meals 2015-08-27 2:05
When schools in California’s Sausalito Marin City District return to session this August, they will be the first in the nation to serve their students 100 percent organic meals, sustainably sourced and free of genetically modified organisms (GMOs).
More than 500 students at Bayside MLK Jr. Academy in Marin City and Willow Creek Academy in Sausalito will eat fresh, local food ...