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S&P says US will get lowest rating if it defaults
News // Jun 30 2011
Source: SeattleTimes A Standard & Poor’s executive said the agency will give the U.S. government its lowest credit rating if Congress fails to raise the borrowing limit and the United States defaults on its debt. The government reached its $14.3 trillion borrowing limit in May. The U.S. Treasury says it will default on its debt [...]
Continue ReadingTim Geithner considering leaving White House
News // Jun 30 2011
NEW YORK (CNNMoney) — Tim Geithner is considering leaving his post as Secretary of the Treasury after a deal to raise the debt ceiling is reached, a source familiar with the discussion told CNN Thursday. Geithner is the lone remaining member of President Obama’s original economic team. Asked by former President Bill Clinton on Thursday [...]
Continue ReadingWelfare for Dictators
News // Jun 30 2011
By: Aram Rosto/Newsweek Officially, the U.S. does not pay other governments for rights to military bases. The logic is straightforward: funneling money to the treasuries of foreign dictators cannot form the foundation of genuine strategic alliances. Yet, to fight wars in Iraq and Afghanistan while staring down the mullahs in Iran, over the last decade [...]
Continue ReadingComplaint alleges police tasered, beat mentally handicapped Ohio teen
News // Jun 30 2011
By: Stephen C. Webster/RawStory Jesse Kersey, a 17-year-old mentally handicapped boy, was riding his bicycle near his home in Dayton, Ohio last Saturday when officer Willie Hooper pulled him over to talk. A civil complaint filed in Dayton County this week alleges that Hooper then became confused by the boy’s speech impediment and began to [...]
Continue ReadingJared Loughner forcible medication to continue, judge rules
News // Jun 30 2011
By Elizabeth Flock A federal juge on Wednesday ruled that prison officials can forcibly give Loughner anti-psychotic drugs so that he can be mentally fit for trial. In May, doctors diagnosed Loughner with schizophrenia, and U.S. District Judge Larry A. Burns in May declared Loughner to be unfit for trial. He has since been undergoing [...]
Continue ReadingIn Turkey former Blues star Trevor tells of sabotage by Israeli Mossad
News // Jun 30 2011
By Cormac Murphy A FORMER Leinster star and an ex-TD were among 20 Irish people who could have drowned after their aid ship to Gaza was sabotaged overnight. Members of the team have blamed Israeli secret agents for the sophisticated attack by divers. Only the action of the quick-thinking crew saved lives from being lost [...]
Continue ReadingSarkozy Attacked In Brax, Southwest France
News // Jun 30 2011
A man in a crowd grabbed French President Nicolas Sarkozy by the shoulder and nearly knocked him to the ground before being tackled by security officers and detained. The incident occurred as the president shook hands with a crowd in the town of Brax in southwest France. The man was not armed, according to [...]
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