World-News

http://www.ufppc.org/us-a-world-news-mainmenu-35/10477/

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Compromise, D.C.-Style
http://lewrockwell.com/vuk/vuk37.1.html

Prepare for the Worst
http://lewrockwell.com/faber/faber114.html

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Top Russian Economist: US Shirked Its Responsibility to the Global Economy

By RT

The former head of Russia s Central Bank has said that the US is to some extent Indebted to the entire world and that in a unipolar system which keeps pursuing globalization, this spells an inevitable collapse.

http://www.informationclearinghouse.info/article28763.htm

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S.& P. Downgrades Debt Rating of U.S. For the First Time

Binyamin Appelbaum and Eric Dash, The New York Times News Service: 'Standard & Poor?s removed the United States government from its list of risk-free borrowers... a downgrade that is freighted with symbolic significance but carries few clear financial implications. The company, one of three major agencies that offer advice to investors in debt securities, said it was cutting its rating of long-term federal debt to AA+, one notch below the top grade of AAA. It described the decision as a judgment about the nation?s leaders.'

http://www.truth-out.org/sp-downgrades-debt-rating-us-first-time/1312637856



Mainstream Media Ignores S.& P. Attack On Republicans

Thom Hartmann, ThomHartmann.com: 'Could it be that many reporters - and virtually all of the television talking heads - are themselves relatively high income-earners who don t relish the idea of higher taxes? Or could it be that reporters are afraid that if they report the actual language of the S.& P. Research Report, then Republicans will punish them by denying them 'access' - i.e. refusing to show up on their programs - which is the career and show kiss-of-death for radio and TV programs that rely on big-name politicians to work?'

http://www.truth-out.org/mainstream-media-ignores-sp-attack-republicans/1312651460

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A New Historic Low: S&P Downgrades U.S. Credit Rating for First Time

By Zachary A. Goldfarb

Lowering the nation s rating one-notch below AAA, the credit rating company said 'political brinkmanship' in the debate over the debt had made the U.S. government s ability to manage its finances 'less stable, less effective and less predictable.'

http://www.informationclearinghouse.info/article28768.htm



The Credit Crisis Rages On: Why the Dow fell 512 points on Thursday

By Mike Whitney

What does it all mean?
http://www.informationclearinghouse.info/article28775.htm



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=global+economy
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=globalization
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=credit+rating
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Standard+&+Poor
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Republican
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=collapse
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=mainstream+media
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=com/faber
http://freepage.twoday.net/search?q=/vuk
http://freepage.twoday.net/search?q=Binyamin+Appelbaum
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Thom+Hartmann
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Zachary+A.+Goldfarb
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Mike+Whitney
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