Top Items:
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
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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.”
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:
Scared Monkeys, The Gateway Pundit, Breitbart.tv, Weasel Zippers and The Lonely Conservative
Pete Kasperowicz / The Hill:
S&P credit rating analysis values spending cuts more than tax revenue — Standard & Poor's laments the possibility cuts to entitlement programs won't materialize and the decreasing likelihood of new tax revenues. — The decision by Standard & Poor's to downgrade the U.S. credit rating to …
Discussion:
Crooks and Liars and PoliticusUSA
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 …
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, Samizdata.net, Guardian and Shakesville
Edmund L. Andrews / NationalJournal.com:
Why S&P's Downgrade is No Joke — The real impact of S&P's downgrade …
Kevinliptak / CNN:
TRENDING: GOP candidates slam Obama after downgrade
TRENDING: GOP candidates slam Obama after downgrade
Discussion:
zerohedge.com/fullrss2.xml, CBS News, The Politico, Firedoglake, AMERICAN FUTURE, Towleroad News #gay, Daily Kos and The Hill
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:
Outside the Beltway, ThinkProgress, Balkinization, Hugh Hewitt's TownHall Blog and China Digital Times
Wall Street Journal:
S&P Strips U.S. of Top Credit Rating
S&P Strips U.S. of Top Credit Rating
Discussion:
Guardian, Politics, Fortune, Swampland, Corrente, Firedoglake, New York Times and CNNMoney.com
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:
Power Line, Doug Ross, Wizbang, Weasel Zippers, The Moderate Voice, Pajamas Media, Telegraph, Runnin' Scared, Moonbattery and Fox News Insider
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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 …
Solomon Moore / Associated Press:
31 Americans, 7 Afghans killed in helicopter crash
31 Americans, 7 Afghans killed in helicopter crash
Discussion:
Sense of Events, Wizbang, The Jawa Report, Scared Monkeys and Weasel Zippers
CNN:
U.S. official: About two dozen U.S. deaths in Afghan copter crash
U.S. official: About two dozen U.S. deaths in Afghan copter crash
Discussion:
The Raw Story, Associated Press, Weasel Zippers, Firedoglake, Michelle Malkin, Runnin' Scared and neo-neocon
Kevin Sieff / Washington Post:
22 Navy SEALs among 30 U.S. troops killed in Afghanistan as helicopter is shot down
22 Navy SEALs among 30 U.S. troops killed in Afghanistan as helicopter is shot down
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:
The Long War Journal, American Forces Press Service, Online NewsHour and Gawker
GetEQUAL.org:
Protesters Travel From Across Texas to Picket Hate-Based Event — FOR IMMEDIATE RELEASE — Michael Diviesti, GetEQUAL Texas State Lead Organizer, (512) 694-3394, michael@getequaltx.org — HOUSTON, TX — On August 6th, Governor Perry spoke at an event inside Reliant Stadium in Houston …
Discussion:
Firedoglake and Towleroad News #gay
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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, JammieWearingFool and New York Magazine
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:
New York Magazine, Gawker and Towleroad News #gay
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 Politico, CNN and The Note
Kurt Andersen / New York Times:
The Madman Theory — I had breakfast this week with one of Hollywood's most ferocious, self-confident and successful doers of deals. He was still steamed about what an unforgivably lousy negotiator his president had been on the debt ceiling agreement. — One particular Obama move he found appalling above all the rest.
Greg Sargent / Washington Post:
Standard and Poors versus Mitch McConnell — Putting aside the question of whether we should accord any credibility to Standard and Poors' downgrade, it's hard to see how conservatives can claim S & P's report as a political victory when it says this:
Discussion:
Felix Salmon, The Political Carnival and Daily Kos
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, PERRspectives, NewsBusters.org blogs, Riehl World View, Weasel Zippers, JammieWearingFool and Daily Kos
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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Maggie Haberman / The Politico:
Mystery Mitt Romney donor comes forward
Mystery Mitt Romney donor comes forward
Discussion:
TPMDC, The Raw Story, msnbc.com and Talking Points Memo