Daily Archives: August 6, 2011


Global markets crash as congressional job disapproval hits high

Source: http://www.digitaljournal.com With the Dow Jones Industrial Average posting its biggest one-day decline since December 2008 on Thursday in lock-step with global market sell-offs, a new poll demonstrated the vast disapproval Americans have for their legislators. In a new CBS News / New York Times poll released on Thursday, a record 82 percent of Americans […]


Rand Paul Calls for Treasury Secretary Tim Geithner to Resign

Source: http://www.economicpolicyjournal.com Sen. Rand Paul today issued a statement calling for the resignation of U.S. Treasury Secretary Timothy Geithner from his cabinet post, effective immediately, for his gross mismanagement of federal economic policy and for his role in the first-ever downgrade of United States debt. “Secretary Geithner assured everyone that raising the debt ceiling without […]


Ron Paul Issues Statement on S&P Downgrading of U.S. Credit Rating

Source: http://www.ronpaul2012.com “Washington must take heed, and act to restore America” LAKE JACKSON, Texas – Today, 2012 Republican presidential candidate Ron Paul issued a statement in response to the credit rating agency Standard and Poor’s decision to downgrade the United States’ credit rating from AAA for the first time in history. The ratings agency has removed the […]


Geithner: “No Risk” of Downgrade

Source: http://www.ronpaul2012.com In April, Treasury Secretary Tim Geithner said there was “no risk” the U.S. would lose its top credit rating. Yesterday, Standard & Poor downgraded America’s AAA rating for the first time in history. The so-called “experts in “Washington” told us that stimulus would work. They were wrong. They told us the bailouts would […]