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Must Read Op-Eds for August 9, 2011

08/09/11 09:54AM

THE AMERICAN DREAM HANGS IN THE BALANCE  BY JOE SCARBOROUGHPOLITICOI spent this past weekend driving through neighborhoods much like the type my parents took me through on Sunday mornings so long ago. But the large homes with driveways filled with Mercedes and BMWs seemed like relics from a different age — much like the $1,500 shoes that The New York Times recently reported were flying off the shelves of certain Manhattan boutiques. read more

Morning Headlines: Tuesday, August 9th

08/09/11 05:59AM

Here's a look at the stories we're following right now. What are you reading this morning?Tumult in global markets continuesWhat..if anything...will stop the drop?Obama calls for political will to deal with economic challengesHow the downgrade will shape the 2012 raceGold surges to $1,700 per ounceAccording to a new CNN poll, economic pessimism skyrocketsBritish rioting spreads to other citiesPalin weighs in on the downgradeRick Perry will visit New HampshireNew York maid hits Strauss-Kahn with civil lawsuit read more

Can the US get back its AAA rating?

08/08/11 11:49AM

John Chambers, Standard & Poor Managing Director: “We assume the joint select committee will deliver the goods: The $1.5T in savings. And if they don’t, the sequestration mechanism will come into play. So now what we’re talking about is additional measures are going to be on the table. Now that we’re in the situation that we’re in, and we’re down to AA+, we’re going to be looking for the actual goods to be delivered. The five countries that lost their AAA rating that got it back – Australia, Canada, Denmark, Sweden, and Finland – they got it back over a period of 9 to 18 years. read more

Must Read Op-Eds for August 8, 2011

08/08/11 10:06AM

AFGHAN CRASH INFLICTS DOUBLE BLOW ON US PSYCHE  BY JULIETTE KAYYEMBOSTON GLOBEWe had come to believe that whatever would happen to Afghanistan in the future, that we could exit gracefully, with our heads held high even if we were also holding our noses. We would leave Afghanistan to the Afghans and wash our hands of the stabilizing effort that has eluded us and our allies for so long. read more

Morning Headlines: Monday, August 8th

08/08/11 05:49AM

Here's a look at the stories we're following right now. What are you reading this morning?Asian markets plunge after U.S. downgradeTim Geithner slams S&P over the debt downgradeGeithner will also stay on as Treasury SecretaryFamily and friends remember those who died over the weekend in AfghanistanAfghan helicopter crash reflects peril for U.S. read more