Top Items:
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.”
RELATED:
Josh Boak / The Politico:
S&P warns of a second downgrade — One day after lowering the nation's platinum triple-A credit rating, Standard & Poor's analysts warned Saturday that the U.S. government could face a second downgrade if the economy continues to struggle and the government fails to make the cuts outlined in the debt ceiling agreement.
Discussion:
Outside the Beltway
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.”
Greg Sargent / Washington Post:
Standard and Poors versus Mitch McConnell
Standard and Poors versus Mitch McConnell
Discussion:
The Political Carnival, Jared Bernstein and Free exchange
Kevinliptak / CNN:
TRENDING: GOP candidates slam Obama after downgrade
TRENDING: GOP candidates slam Obama after downgrade
Discussion:
zerohedge.com/fullrss2.xml, Firedoglake, CBS News, The Politico, AMERICAN FUTURE, Towleroad News #gay, The Hill, Felix Salmon and Daily Kos
Paul Krugman:
S&P and the USA — OK, so Standard and Poors has gone ahead …
S&P and the USA — OK, so Standard and Poors has gone ahead …
Discussion:
Crooks and Liars, Daily Kos, NewsBusters.org blogs, Oliver Willis, Politics, Weasel Zippers, FOXBusiness.com, HousingWire, Outside the Beltway, The Atlantic Online, The Mahablog, Hullabaloo, Hit & Run, Shakesville, Washington Post, Connecting.the.Dots, Mother Jones, Suburban Guerrilla and ECHIDNE of the snakes
Wall Street Journal:
S&P Strips U.S. of Top Credit Rating
S&P Strips U.S. of Top Credit Rating
Discussion:
Politics, Guardian, Fortune, Swampland, Corrente, Firedoglake and CNNMoney.com
BBC:
US loses AAA credit rating after S&P downgrade
US loses AAA credit rating after S&P downgrade
Discussion:
Weasel Zippers, Exile On Wall Street, Mother Jones, International Liberty, Hullabaloo and Outside the Beltway
Mark Steyn / National Review:
The Downgrade Begins — As the author of a suitably apocalyptic book …
The Downgrade Begins — As the author of a suitably apocalyptic book …
Discussion:
ThinkProgress, Pajamas Media, And So it Goes in Shreveport and FrumForum
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 …
RELATED:
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, Wizbang, Doug Ross, Weasel Zippers, Telegraph, Runnin' Scared, Moonbattery and Fox News Insider
Kevin Sieff / Washington Post:
NATO copter downed; Navy SEALs among the 30 U.S. dead
NATO copter downed; Navy SEALs among the 30 U.S. dead
Discussion:
Guardian, Outside the Beltway, LewRockwell.com Blog and The Moderate Voice
Solomon Moore / Associated Press:
31 Americans, 7 Afghans killed in helicopter crash
31 Americans, 7 Afghans killed in helicopter crash
Discussion:
The Jawa Report, Wizbang, Sense of Events, Weasel Zippers and Scared Monkeys
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:
The Long War Journal, Online NewsHour, American Forces Press Service and Gawker
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:
Xinhua News Agency:
After historic downgrade, U.S. must address its chronic debt problems — The days when the debt-ridden Uncle Sam could leisurely squander unlimited overseas borrowing appeared to be numbered as its triple A-credit rating was slashed by Standard & Poor's (S&P) for the first time on Friday.
Discussion:
BBC, Guardian and Samizdata.net
David Barboza / New York Times:
China Tells U.S. It Must ‘Cure Its Addiction to Debt’
China Tells U.S. It Must ‘Cure Its Addiction to Debt’
Discussion:
ThinkProgress, Outside the Beltway, Balkinization, Hugh Hewitt's TownHall Blog and China Digital Times
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, JammieWearingFool and Towleroad News #gay
RELATED:
Manny Fernandez / New York Times:
Perry Leads Prayer Rally for ‘Nation in Crisis’ — HOUSTON — Standing on a stage surrounded by thousands of fellow Christians on Saturday morning, Gov. Rick Perry called on Jesus to bless and guide the nation's military and political leaders and “those who cannot see the light in the midst of all the darkness.”
Discussion:
Gawker and Towleroad News #gay
Maggie Haberman / The Politico:
Mystery Mitt Romney donor comes forward — The anonymous donor behind the headline-making $1 million contribution to a pro-Mitt Romney super PAC is a former Bain Capital official with long ties to the candidate, who's asking the outside group to amend its filings, POLITICO has learned.
Discussion:
The Raw Story, msnbc.com and TPMDC
RELATED:
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
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. …
Discussion:
Power Line, Riehl World View, NewsBusters.org blogs, PERRspectives, JammieWearingFool, The Daily Caller and Daily Kos
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 Gateway Pundit and The Lonely Conservative
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