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"All The News You Never Knew You Needed To Know ...Until Now."
August 09 2011 Travus T. Hipp Morning News & Commentary: The London Riots - NEVER Underestimate The Power Of 'Hooliganism' [Pop Out Player? Click Here] Prefer An MP3 Playlist? It's Here: [128Kbps MP3 17:11 Minutes] Other Audio Formats Available [ Here ] Razer Raygun Says: ♥ Sharing IS Caring! ♥ Twitter This Commentary |
"(Reuters) - Anger at high unemployment and cuts in public services, coupled with resentment of the police, contributed to an explosion of violence and looting..." (src)More in yesterday's news report (@ Razed By Wolves) where you'll also find an interview with a Tottenham London community activist on the topic and much more.
"Tottenham is an area of mostly poor minorities; a significant portion of the population is black. “How many black people have to die around here?” one of the youths, referring to Mr. Duggan. He would only give his name as Pablo. “I hate the police,” he said." (src)
“We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.” — Page 4, Standard & Poors Research Update, August 5, 2011
S&P Insists US on Bi-party’s Cooperation to Overcome Debt IssuesFurther readings:
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S&P Sovereign Debt Committee Chairman, John Chambers told that US lawmakers of both Democrat and Republican parties work together to confront the nation debt issues and turn the nation towards the progressive economic path as it was did in 1980 to overhaul the factors which had the US economy into critical position by a strong compromise and firm cooperation of both parties. This is a main problem that has to be concentrated by US law makers, without any political motive, to overcome the financial crisis and regain the status AAA as a risk free borrower in Standard & Poor rating list.
As you have enacted a bill in the floor of the Congress on eleventh hour of deadline to save only around $2.1 trillion instead of #4 trillion, you have done a part of job to overcome the nation’s debt burden not a full of it. Five governments have regained their AAA status after losing it, it has taken them between 9 to 18 years to get it back. Generally one loses its rank AAA, cannot get it immediately, said S&P Debt Committee Chairman, Chamber. [In Full]
August 7, 2011» Today is recall election day in Wisconsin for six Republican state senators. If three end up being replaced the state's laborers will be in a good position to take the governor and mop the factory floor with him for attempting to eliminate collective bargaining rights for unions in the state. Ohio, Pennsylvania, and a number of states face, or have faced similar strongarm legislation recently.
The S&P Downgrade of US Debt: What it Means
by Richard Wolff
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S&P downgraded the US national debt because these economic and political dimensions (see the rest of the article) of the US today guarantee a worsening of the nation's debt. Thus, a basically political problem is looming for those lenders who purchased and now own the debt obligations of the US (i.e. Treasury securities). The political problem is this: how long will the mass of Americans accept not only an economic crisis bringing unemployment, home foreclosures, reduced real wages and job benefits, but now also cutbacks in government supports? [In Full @ Commondreams.org]
8 August 2011» California is moving to a new electoral vote standard. A new bill introduced by governor Jerry Brown will make it a "winner takes all" approach to how the votes get delegated... relegated.
London riots: Looting and violence continues
Police have condemned a wave of "copycat criminal activity" across London in a second night of looting and disorder following riots in Tottenham.
More than 100 people have been arrested as officers were attacked, police vehicles damaged and shops looted.
Disorder spread to Enfield, Walthamstow and Waltham Forest in north London and to Brixton in the south of the city.
Home Secretary Teresa May has cut short her holiday to return to the UK following the disorder... [Continued]
In televised remarks following the downing of a CH-47 helicopter carrying 30 U.S. troops Saturday, including elite Navy SEALs as well as eight Afghans, President Barack Obama yesterday promised to "press on" in Afghanistan, while a Pentagon spokesman said the helicopter's destruction, believed to have been caused by a rocket-propelled grenade, "does not represent any kind of watershed or trend" (Reuters, AP, AFP, BBC, Bloomberg).Funny, I don't recall there were any displaced people in Afghanistan before we arrived.
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In other Afghanistan coverage, the Times looks into the failure of many villages built to house Afghanistan's returning refugees and internally-displaced persons, [In Full With Links]
In 1983, two lawmakers were censured by the House of Representatives for having sexual relationships with teenage pages. Rep. Dan Crane, R-Ill., admitted to sexual relations with a 17-year-old female page, while Rep. Gerry Studds, D-Mass., admitted to sexual relations with a 17-year-old male page. (as well as the more recent scandal involving Rep. Mark Foley, R-Fla.) (src)
House leaders end page program
By Molly K. Hooper
House Speaker John Boehner (R-Ohio) and Minority Leader Nancy Pelosi (D-Calif.) announced their joint decision to end the House page program.
As of August 31, 2011, the program - that employs nearly 70 high school students to serve as messengers and couriers on the House floor and around the Capitol complex - will be no more, according to a joint statement issued late Monday afternoon. [More]
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