America: How A Bad Credit Rating Hurts Us All

From Denny: With no debt ceiling deal in sight, Congress still squabbling and the American public fuming, we are left with contemplating just how damaging it will be to our daily lives if America defaults.

For an economic powerhouse like our country to be downgraded from its AAA rating is humiliating considering our status in the world. How can a country that gives away billions of dollars in foreign aid, finances an endless march of third world governments, no longer be able to pay its bills?

Arrest GOP Rep, Cantor For Manipulating Treasury Bond Market During Debt Talks?

Speaker Boehner, left, Whip Cantor, right, photo by Alex Wong, Getty Images

From Denny: Talk about scummy politics. The Dylan Ratigan Show was reporting this week about how Congressman Eric Cantor, R-VA, is betting against the American, even the world, economy.

Remember when he threw a huge hissy fit and stormed out of the debt ceiling budget talks with top Congressional leaders led by VP Joe Biden? Something about that move was so calculated and sure stuck in my memory. Well, it wasn't long before the Universe intersected me with the Information Explanation.