Year: 2011

`Granny, don’t worry about me. I‘m not afraid because I know where I’m going if something happens to me.`

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“He loved his family. He loved his country and he was willing to give his life to protect his family and protect his country. He was a great American.”

Her grandson, who turned 30 in June, was stationed in Virginia Beach, Virginia, and had been in the service for about eight years, she said.

She recalled one of the last conversations she had with him.

“I told him to be careful and he said, ‘Granny, don’t worry about me.‘ He said ’I‘m not afraid because I know where I’m going if something happens to me.’ Aaron was a Christian and he stood firm in his faith,” she said, her voice heavy with emotion.

“He’s with the Lord now, and I’ll see him again some day.”

S&P official: Another downgrade will come if we don’t reduce long-term debt

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Hot Air has this update to a post about what the S&P wishes to see:

Update: If we don’t stabilize and reduce our long-term liabilities soon, we’ll get downgraded again, says S&P:

The credit rating agency’s managing director, John Chambers, tells ABC’s “This Week” that if the fiscal position of the U.S. deteriorates further, or if political gridlock tightens even more, a further downgrade is possible.

Chambers also said Sunday that it would take “stabilization and eventual decline” of the federal debt as a share of the economy as well as more consensus in Washington for the U.S. to win back a top rating.

He puts the odds of another downgrade at 3:1.  I’d call it even money, at least while Democrats continue to blame the Tea Party for, er, wanting to do exactly what S&P demands.

 

Diana Furchtgott-Roth Talks Unemployment Numbers and the Labor Force

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Ms. Furchtgott-Roth served as Deputy Executive Director of the Domestic Policy Council and Associate Director of the Office of Policy Planning in the White House under President George H.W. Bush from 1991 to 1993, and she was an economist on the staff of President Reagan’s Council of Economic Advisers from 1986 to 1987.