Interesting Headlines in the News Aug 08

On A Day Of Credit Concerns, Postal Service May Default
Warren Buffett Discounts S&P Downgrade
Tea Party Movement as Large as
S&P executive: 1 in 3 chance of future downgrade
It's the Unfunded Wars and the Financial Fraud,
S&P downgrades U.S. credit rating
European fear: The wolves are at the gate
AAA to AA+: Here come the battery jokes!
Your money in a AA-rated U.S
Oil and Gas Pipelines at Risk from Ethanol Bacteria
Why High Oil Prices will Make the Next Debt Crisis Even Worse
S&P Strips U.S. of Top Credit Rating
Illinois, Washington Banks Fail
Uncle Sam's Downgraded Reality
Screwed, Blued and Tattooed
The Power of Bad Ideas
PhoenixMart - America's Product Center
Back home after debt debate,
Report calls on Pentagon

Bernanke Models Prove Faulty as Forecasts Succumb to Change
Dollar Weakens in Early Asia Trade
Western Leaders Seek to Contain European Debt Crisis,
Fed Says U.S. Bank Capital Won't Be Affected by S&P Action
NATO Helicopter Shot Down in Afghanistan,
France’s AAA Rating May Be Vulnerable
Geithner Tells Obama He’ll Remain at Treasury
Greenspan Sees Stocks Falling After S&P Cut
Muni Market Prepares for Lost AAA Ratings
"Sudden And Unexpected" Burst of Downsizing Causes Layoffs to Explode Nearly 60% in July
Europe on Brink of "Major Financial Collapse":  Guggenheim CIO
Marc Faber: Brace for a Global 'Reboot' and a War
More Obama Spending Won’t Do It and Stocks Know It
Dollar to Be 'Discarded' by World: China Rating Agency
No Chance of Default, US Can Print Money: Greenspan
G7: Commited to Ensure Liquidity, Support Markets
That 1937 Feeling All Over Again
FLASHBACK: Obama: My Presidency Will Be
France and Italy stand by to bail out biggest banks as euro crisis worsens
Dollar to drop on S&P, flows seen to safe assets
Republicans Want Geithner to Walk The Plank After Credit Downgrade
Proposed U.N. Treaty to Regulate Global Firearms Trad
Inflation worries pose bar to QE3
Obama's biggest challenge: Jobs
45,000 Verizon workers go on strike
China rips U.S. on debt-rating downgrade
Don't panic: Why S&P's downgrade means nothing
Global leaders discuss U.S., European debt
When Dollar Stores Are Too Expensive You know the economy is in bad shape when customers can't afford to shop at dollar stores anymore
US Recession Fears Grow as Consumers Curb Spending
Euro Money Markets Freeze as Crises Escalate in Italy and Spain
Fannie's Bailout Grows by $5 Billion as It Squeezes Bank of America
Some Thoughts on the S&P Downgrade
The 14 Million-Person Question:
Why Treasury (and the Rest of Washington) Is So Furious at S&P
China's Manhattan Knock-Off
Independents Hate Both Parties as Never Before
What's the Matter With Wisconsin This Time
Casa Grande braces for potential economic windfall
Who Wants to Go Back to the '50s?
S&P downgrades U.S. credit rating for first time
FY2011 deficit tops $1 trillion, with two months to go