In a series of expected additional press releases, the Standard & Poor’s credit rating agency is expanding its downgrade of debt securities tied to the now-lower-rated sovereign debt of the United States, including Israeli bonds, Fannie Mae and Freddie Mac, and “pre-funded” municipal bonds. Other credits tied closely to U.S. sovereign debt are also expected to be downgraded shortly, with only a few exceptions.
For over 10 years Ohio judge James DeWeese (left) has fought for his constitutionally guaranteed right to display the Ten Commandments in his courtroom. And during that entire time he has been thwarted by a series of federal court rulings fueled by manipulative arguments of the American Civil Liberties Union (ACLU). Now, with the help of the conservative American Center for Law and Justice (ACLJ), Judge DeWeese will try to take his case to the U.S. Supreme Court.
The eyes of the nation are on Wisconsin again as voters head to the polls to decide the fate of eight state Senators — six Republicans and two Democrats — in a series of historic recall elections. And the stakes are enormous.
A high-ranking Mexican drug trafficker with the powerful Sinaloa cartel made a series of explosive allegations in a federal court filing, arguing that he had an agreement with top U.S. officials allowing his criminal empire to obtain American weapons from the federal government while shipping tons of cocaine and heroin across the border. According to court documents, U.S. agents even helped the cartel elude Mexican and American investigators in exchange for information on rival drug groups.
While much of the nation's news for the past several weeks has been focused on the national debt, the killing of 30 U.S. and seven Afghan troops, along with an interpreter on Saturday reminded Americans of a debt to fighting forces that cannot be repaid. The shooting down of a Chinook transport helicopter by the Taliban insurgents, killing all on board, was another grim reminder that the cost of war cannot adequately be measured in trillions of dollars.