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.

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 …

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 …

Small Businesswoman's Epic Rant Against Obama's Disastrous Economic Policies  —  This is brilliant.  Just brilliant.

Obama's soft response to Tea Party draws liberal criticism  —  Liberals are growing frustrated with President Obama's soft response to the Tea Party after fractious negotiations over the debt limit led to the loss of nation's AAA credit rating on Friday.  —  Republicans and Democrats …

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.

Obama won't escape blame for credit downgrade  —  Standard and Poor's explanation for why it downgraded U.S. debt is written in such a way that it can be seized upon by all ideological stripes.  The statement cites the unwillingness of Republicans to raise taxes and of Democrats to agree to entitlement cuts.

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+.

Wisconsin Democratic Party flak threatens to sic union bullies on independent news group  —  A spokesman for the Wisconsin Democratic Party has threatened to sic union bullies on an independent news organization whose reporting he thinks is “biased.”  —  Graeme Zeilinski was upset …

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:

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.

Civility and Tea Party Freedom Fighters  —  About five years back I happened to have an interaction with New York Times columnist Joe Nocera, at that time writing a weekend column for the Times business section.  He struck me then (as he did most of the time in his journalism at the Texas Monthly …

Al Gore calls B.S. on corporate polluters  —  Al Gore is pissed.  —  The former vice president dropped in on an Aspen Institute media forum titled “Networks and Citizenship” on Thursday and railed against corporate evildoers who put profit above society.  —  Gore referenced the book …