Back on Thursday we reported that a mysterious firm had donated $1 million to a pro-Romney Super PAC and had then suddenly been dissolved. Well, the man behind the money has now come forward. Find out who he is – here.
The Republican presidential candidates all agree on one thing: that President Obama is to blame for the S&P credit downgrade. The thing is, though, they can’t seem to agree on why.
From the S&P release …
Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. 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.
The hostages were tremblin’ when they heard a man exclaim
“Let’s blow this place to kingdom come, let Con Edison take the blame”
– Bob Dylan
Tea Party Republicans try to shift blame to Obama for looming (as soon as tonight) US debt downgrade.
The last few weeks have brought into full glare the split in the Republican party on the issue of defense cuts. But the new Pentagon chief, Leon Panetta, may have just opened up a rupture for the Democrats on this topic too. Read about it here.
The ongoing crackdown in Syria under the hand of President Bashar al-Assad is as ferocious as it is relentless.
Reports suggest at least 9 more people were killed on Friday as a siege of the city of Hama entered its sixth day. Read More
We’re coming down the wire on the Wisconsin state Senate recalls which could, could, turn control back to the Democrats. Gov. Scott Walker, who got the whole party started, says “it’s out of our hands.”
We’ll of course be bringing you live results Tuesday night.
Back in 2002, when a reporter asked Texas Governor Rick Perry how his faith informed his politics, he replied, “I don’t think it does, particularly.” Additionally, he seemed to treat the act of praying as a fairly private matter.
How things change. On Saturday the possible Republican presidential candidate will host a much-ballyhooed, gigantic prayer event. Read about it here.
The good news – the U.S. economy added a better than expected 117k jobs in July.
The bad news – it’s not nearly enough to signal a real recovery.