United States of America Long-Term Rating Lowered To ‘AA+’ On Political Risks And Rising Debt Burden; Outlook Negative We have lowered our long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term rating. We have also removed both the short- and long-term ratings from CreditWatch negative. The... 

Rep. Ron Paul on Monday introduced legislation that would lower the federal government’s debt by canceling the roughly $1.6 trillion in debt held by the Federal Reserve. Paul has argued for the last few weeks that the idea represents a quick way to make the growing fiscal crisis more manageable. Under his bill, H.R. 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would... 

Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the country’s finances under control, ratings agency Standard & Poor’s said on Thursday. John Chambers, the chairman of S&P’s sovereign ratings committee, said deficit cuts of that magnitude “would signal the seriousness of policymakers to address... 

President Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3 if Democrats and Republicans in Washington do not reach an agreement on reducing the deficit in the coming weeks. “I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it,”... 

Two years ago, UN researchers were claiming that it would cost “as much as $600 billion a year over the next decade” to go green. A new UN report has more than tripled that number to $1.9 trillion a year for 40 years. That’s $76 trillion, or more than five times the entire Gross Domestic Product of the United States ($14.66 trillion a year). It’s all part of a “technological... 

Maybe coincidence, but…. When President Obama launched missiles and warplanes against Libya’s longtime dictator Col. Kadafi in March, it came after a series of public warnings from both the president himself and his press secretary, Jay Carney, in support of pro-democracy demonstrators and against the regime’s violent reactions. The ongoing attacks against Libya, which Obama... 

The first in a series of Congressional hearings into the so-called “gunwalker” scandal is set for Monday, June 13th. The title:”Obstruction of Justice: Does the Justice Department Have to Respond to a Lawfully Issued and Valid Congressional Subpoena?” ‘Gunwalker guns linked to helicopter shooting As CBS News reported on April 1, the House Oversight Committeesubpoenaed... 

RINO Republicans (like Newt Gingrich), Democrats, and the JournoList media have been demagoguing and spewing blatant falsehoods about Paul Ryan’s budget, which includes necessary entitlement reform.  In the weeks since Paul Ryan unveiled his budget plan, the aforementioned groups have worked tirelessly to forge a meme in the public psyche that Paul Ryan wants to kill Grandma, while simultaneously... 

It’s a topsy-turvy world. “Anarchists” protest cuts in government spending, while “socialists” live in the lap of luxury, including $3,000-a-night Manhattan hotel suites, working, in at least one celebrated case, to impose corporatist-flavored “neoliberalism” on the troubled countries of the world. The sex scandal involving the just-departed International Monetary Fund director... 

(NaturalNews) On Wednesday, April 27, the Obama administration’s US Environmental Protection Agency (EPA) and US Army Corps of Engineers (ACE) jointly released a new draft guidance for the federal Clean Water Act that aims to dramatically expand both the scope of what constitutes a “water source,” as well as the legal power federal agencies can exert over those water sources. If...