Top Items:
Ezra Klein / Washington Post:
Standard & Poor's has been wrong before. But they're right now. — Standard Poor's decision to downgrade the United States has led to a lot of criticism of Standard Poor's. The White House called their performance, which included a miscalculation of about $2 trillion, “amateur hour.”
Discussion:
Washington Monthly, The Reality-Based Community and The Politico
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Jamie Klatell / The Hill:
White House: S&P downgrade is why Obama ‘pushed for grand bargain’ — The White House reacted to the Standard & Poor's downgrade of the U.S. credit rating by calling for more bipartisan compromise to “put our nation on a stronger fiscal footing.” — But the administration didn't miss the chance to say, in essence, “I told you so.”
Discussion:
CNN, Weasel Zippers and Le·gal In·sur·rec· tion
Paul Krugman:
S&P and the USA — OK, so Standard and Poors has gone ahead with the threatened downgrade. It's a strange situation. — On one hand, there is a case to be made that the madness of the right has made America a fundamentally unsound nation. And yes, it is the madness of the right …
Kevinliptak / CNN:
TRENDING: GOP candidates slam Obama after downgrade — Washington (CNN) - Republican presidential candidates issued harsh criticism of President Barack Obama Friday after the credit rating agency Standard and Poor's announced it was downgrading America's long-term debt status.
Discussion:
zerohedge.com/fullrss2.xml, The Politico, Firedoglake, AMERICAN FUTURE and Towleroad News #gay
Robert Reich:
Why S&P Has No Business Downgrading the U.S.
Why S&P Has No Business Downgrading the U.S.
Discussion:
The Greenroom, neo-neocon, Bark Bark Woof Woof, Balloon Juice and The Daily Caller
New York Times:
S.& P. Downgrades Debt Rating of U.S. for the First Time
S.& P. Downgrades Debt Rating of U.S. for the First Time
Discussion:
The Huffington Post, The Lede, msnbc.com, Swampland, Washington Monthly, Gawker, UrbanGrounds, NewsBusters.org blogs, Mogulite and Online NewsHour
standardandpoors.com:
United States of America Long-Term Rating Lowered To ‘AA+’ Due To Political Risks, Rising Debt Burden; Outlook Negative
United States of America Long-Term Rating Lowered To ‘AA+’ Due To Political Risks, Rising Debt Burden; Outlook Negative
Damian Paletta / Wall Street Journal:
Math Error Fuels Fight Over Rating
Math Error Fuels Fight Over Rating
Discussion:
The Moderate Voice, Blogcritics, The Atlantic Online, DISSENTING JUSTICE, Outside the Beltway, Booman Tribune, JammieWearingFool, ABCNEWS, Riehl World View, Washington Post, blogs.telegraph.co.uk, Crooks and Liars, Politics, Tim Blair, Truthdig, Connecting.the.Dots, TPMDC and Taylor Marsh
BBC:
US loses AAA credit rating after S&P downgrade
US loses AAA credit rating after S&P downgrade
Discussion:
Politics, Exile On Wall Street, CRFB.org, Mother Jones, International Liberty and Outside the Beltway
Jamie Klatell / The Hill:
Reid: S&P downgrade backs Dems' call for more revenue
Reid: S&P downgrade backs Dems' call for more revenue
Discussion:
The Gateway Pundit, Michelle Malkin, Weasel Zippers and JammieWearingFool
Matthew Yglesias / ThinkProgress:
Boehner's Folly Leads To S&P Downgrade of US Debt
Boehner's Folly Leads To S&P Downgrade of US Debt
Discussion:
Outside the Beltway, Alan Colmes' Liberaland, HotAirPundit and Mother Jones
John Detrixhe / Bloomberg:
S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact
S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact
Discussion:
naked capitalism, Wizbang, Discourse.net, The New Civil Rights Movement, Gothamist, The Huffington Post and Pajamas Media
Walter Brandimarte / Reuters:
United States loses AAA credit rating from S&P
United States loses AAA credit rating from S&P
Discussion:
Hot Air, FT Alphaville, Washington Post, Firedoglake, National Review, UPI, Dow Jones Newswires, Conservatives4Palin, Pajamas Media, zerohedge.com/fullrss2.xml, New York Magazine, CNNMoney.com, Doug Ross, FrumForum, Sky Dancing, Guardian, Shakesville, ThinkProgress, CBS News, The Reality-Based Community, Scared Monkeys, TalkLeft, Daily Kos, The Moderate Voice, blogs.abcnews.com, Hugh Hewitt's TownHall Blog, The Right Scoop and The Agonist
New York Times:
Copter Downed by Taliban Fire; Elite U.S. Unit Among Dead — KABUL, Afghanistan — In the deadliest day for American forces in the nearly decade-long war in Afghanistan, insurgents shot down a Chinook transport helicopter on Saturday, killing 30 Americans, including some Navy Seal commandos …
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Associated Press:
Helicopter Crash in Afghanistan Kills Members of SEAL Team 6 — WASHINGTON — The Associated Press has learned that more than 20 Navy SEALs from the unit that killed Osama bin Laden were among those lost in a helicopter crash in Afghanistan. — The operators from SEAL Team Six were flown …
Discussion:
The Moderate Voice, Alan Colmes' Liberaland, Power Line, Telegraph, Runnin' Scared, Weasel Zippers and Fox News Insider
Kevin Sieff / Washington Post:
NATO copter shot down; dozens of U.S. troops killed
NATO copter shot down; dozens of U.S. troops killed
Discussion:
Guardian, LewRockwell.com Blog, Outside the Beltway and The Moderate Voice
Martha Raddatz / ABCNEWS:
31 Americans Killed Including 25 SEALs in Helicopter Crash in Afghanistan
31 Americans Killed Including 25 SEALs in Helicopter Crash in Afghanistan
Discussion:
Online NewsHour, The Long War Journal, American Forces Press Service and Gawker
Solomon Moore / Associated Press:
31 Americans, 7 Afghans killed in helicopter crash
31 Americans, 7 Afghans killed in helicopter crash
Discussion:
Sense of Events, The Jawa Report, Wizbang, Weasel Zippers and Scared Monkeys
Reuters:
China tells U.S. “good old days” of borrowing are over — (Reuters) - China bluntly criticized the United States on Saturday one day after the superpower's credit rating was downgraded, saying the “good old days” of borrowing were over. — Standard & Poor's cut the U.S. long-term credit rating …
RELATED:
David Barboza / New York Times:
China Tells U.S. It Must ‘Cure Its Addiction to Debt’ — SHANGHAI — China, the largest foreign holder of United States debt, said Saturday that Washington needed to “cure its addiction to debts” and “live within its means,” just hours after the rating agency Standard & Poor's downgraded America's long-term debt.
Discussion:
ThinkProgress, Outside the Beltway, Balkinization, Hugh Hewitt's TownHall Blog and China Digital Times
CNN:
Questions abound after agency downgrades U.S. credit rating
Questions abound after agency downgrades U.S. credit rating
Discussion:
Xinhua News Agency, Alan Colmes' Liberaland and Poynter
Thomas W. Lippman / Washington Post:
Washington's uneasy alliance with Bahrain
Washington's uneasy alliance with Bahrain
Discussion:
Eunomia and The Daily Dish
Joe Nocera / New York Times:
The Tea Party, Take Two — In the four months since I began writing an Op-Ed column, the thing that has most surprised me is how darned liberal I sound sometimes. I know that seems like a strange thing to say, so let me explain. — Growing up in heavily Democratic Providence, R.I. …
Alexander Bolton / Ballot Box:
Mystery Romney supporter reveals himself after calls for investigation — Edward Conrad, a former executive at Bain Capital, has revealed himself as the mystery donor who gave a $1 million corporate contribution to a special political action committee supporting Mitt Romney.
Discussion:
The Political Carnival
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Kasie Hunt / The Politico:
Perry prays for the U.S. — HOUSTON — Texas Gov. Rick Perry prayed with more than 20,000 worshipers at an all-day Christian gathering here — and while he talked about God, not the Oval Office, he repeatedly hit on the themes that would drive his potential presidential campaign.
Discussion:
Runnin' Scared, The Note and JammieWearingFool
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Michael O'Brien / Ballot Box:
Perry's prayer gathering sets stage for national attention
Perry's prayer gathering sets stage for national attention
Discussion:
The Note
Noel Sheppard / NewsBusters.org blogs:
Former Obama Economic Adviser on Downgrade: We're ‘Pretty Darn F—ked’ — Christina Romer, the former chair of Obama's Council of Economic Advisers on Friday offered a rather strong opinion concerning the announcement by Standard & Poor's that the credit rating agency downgraded America's debt to AA+.
Discussion:
Breitbart.tv, The Lonely Conservative and The Gateway Pundit
William A. Jacobson / Le·gal In·sur·rec· tion:
Widener Law School goes Soviet, demands law professor undergo psychiatric evaluation — Lawrence Connell is a tenured law professor at Widener Law School in Delaware. I have noted in prior posts that Connell was accused of a wide range of racist and sexist conduct directed at students …
Discussion:
The Volokh Conspiracy and Althouse
Joseph Rago / Wall Street Journal:
Obama and the Narcissism of Big Differences — ‘He becomes visibly agitated. . . . He does not like to be challenged on policy grounds,’ says the House majority leader of the president. — New York — Whatever the rhetoric that preceded this week's deal, the debt-ceiling debate was never really about the debt at all.
Discussion:
Hot Air, PoliPundit.com and Power Line