Thom's blog
Moody’s Investors Service turned its sights on the United States
One day after downgrading Ireland’s credit rating to junk status – Moody’s Investors Service turned its sights on the United States. In an announcement released yesterday – Moody’s said the United States is in danger of losing its “AAA” credit rating – and has put our nation under review for a credit downgrade. A credit downgrade for the United States could be the first step toward other nations dropping the dollar as their reserve currency – pushing our nation toward collapse – just like what happened to the British Empire after World War 2 when global confidence in the pound was lost.
And with financial calamity around the corner – Republicans now have no argument whatsoever in stopping a debt-limit deal as a new poll by Gallup shows that 74% of REPUBLICANS agree that a good debt-limit deal includes both spending cuts and tax hikes – just like what President Obama has proposed. Yet – after more “testy” negotiations last night at the White House – Republicans still won’t play ball. And President Obama seems to be losing his patience with the Republican’s dangerous game – reportedly telling Congressional leaders on the Right – “I’ve reached my limit. This may bring my presidency down, but I will not yield on this.”
Not only will a default bring down the presidency – but it will also bring down the nation. And unfortunately, it appears Republicans are willing to accept that trade-off.
-Thom
(What credit rating would you give the US? Tell us here.)
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Tonight on The Big Picture on RT TV at 9pm and 11pm... Debt ceiling...is it all about the inequality? (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Need to Know: Debt ceiling...is it all about the inequality? - Neal Asbury, Right-leaning Florida Radio Talk Show Host
Screwed: ALEC exposed! - Beau Hodai, freelance journalist and publisher of DBA Press
Atheists vs. Rick Perry over Christian prayer - Dr. Carol Swain, conservative commentator / Law Professor
The Best of the Rest of the News...
Daily Take: Thom calls out "Morning Joe"...again.
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Read Thom's Book for Free!
Now you can read all of Thom Hartmann's " Unequal Protection: How Corporations Became 'People' and How You Can Fight Back" for free online. Truthout is publishing weekly installments over the coming weeks. Read the Chapter Eight: Corporations Go Global today.
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The Daily Stack
Quote: "As to religion, I hold it to be the indispensable duty of all government to protect all conscientious professors thereof, and I know of no other business which government hath to do therewith." -- Thomas Paine.
Hour One: Should schools require students to challenge evolution? Thom challenges Casey Luskin of the Discovery Institute
Article: " Constitution of the United States" Article 1, section 10. " The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;"
Hour Two: Debt ceiling debate gets extreme Congressman Steve King, (R-IA, 5th district)
Article: " Amendment 16" " The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.".
Ohio's Gov. Kasich poo poo's overwhelming opposition Cliff Schecter, National progressive PR strategist, author
Hour Three: Is America still a place where it's worth it to work hard to get ahead? Thom debates Ryan Streeter, Editor, Conservative Home USA
Geeky Science Rocks - Got the munchies? Could it be what you're eating?!
MN Governor aves in to Republican demands Sam Lane, Reporter - Minnesota Independent.
Article: " Baron d'Holbach" - "All children are born Atheists; they have no idea of God."
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Coming up Friday on The Thom Hartmann Program
Hour One: If it's Friday, it's "Brunch With Bernie"... the honorable Senator Bernie Sanders (I-VT) will be here with all the news from our nation's capitol and as always he'll be spending the hour taking your calls and answering your questions too...
Hour Two: Economic recovery Ravi Batra, Economist, Professor of Economics (SMU), author.
Plus, It's Anything Goes on Townhall Friday...you choose the topics and we'll talk...
The Thom Hartmann Program... your media support group for we the people.
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Thom's Poll
Is there any good reason to - not raise the debt ceiling - and allow Moody's to downgrade our credit status?
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Watch & Listen to Thom
Thom Hartmann & Alan Grayson: Elections haven't worked?!?!
Lone Liberal Rumble - Name 1 shared sacrifice from the Republicans?
Thom Hartmann & Lizz Winstead - GOP following the Taliban Path?
Thom Hartmann: Has health care become America's Apartheid?
Thom Hartmann: The Good, The Bad, and the Very, Very, Gorgonizingly Ugly
Thom Hartmann: The Supreme Court has become a cancer on our Democracy
Or watch the Full "Big Picture" Show
Full Show - 7/13/11. McConnell says "We The People" Should Have No Voice
Thom talks about Senate Minority Leader Mitch McConnell's concise summary of conservative constitutionalism. Later in the show, Thom debate the issue of the GOP's refusal of raising the debt limit, Rupert Murdoch's hacking scandal and Medicare reform with his conservative guest panelists in the "Lone Liberal" rumble.
Thom Hartmann on the News - July 14, 2011
Thom Hartmann: Is America still a place where it's worth it to work hard to get ahead?
Thom Hartmann: Both Christians & Atheists can be Evangelical
Thom Hartmann: Conservatives upset textbooks don't require students to question evolution?
Thom Hartmann: Debt Ceiling (Also, Congressman King added to SPLC's extremist list)
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Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook.
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