U.S. Growth Turns NEGATIVE, Super Congress Already CAPTURED, Ballistic Boxers For Troops, DOJ Probes S&P Bond Ratings, Fed Still Paying Banks Not To Lend

Stories from around the web this morning.

• REPORT - U.S. economic growth turns NEGATIVE
• J.P. Morgan cuts U.S. growth forecast - AGAIN
• Funding worries hammer Europe’s banks
• PAYBACK WATCH - AIG Sells Unit For $2 Billion
• Bank Of America Announces 10,000 MORE Job Cuts
• Super Congress Is Already CAPTURED By Special Interests
• FINALLY - Justice Department Probes S&P Bond Ratings
• TARP Legal Contractors Score Big With Taxpayer Funds
• Pentagon Orders Ballistic Boxers As Groin Injuries Surge In Combat - PHOTO
• Republicans LOVE War Spending, But Won't Take Deal Of 10:1 Cuts
• France Eases Ban on Short Selling of Banks Before Index Futures Expiration
• The Government Is Still Paying Banks Not To Lend - Henry Blodget
• Elizabeth Warren Takes Another Step Toward Senate Run Against Scott Brown
• Fukushima Now Radiating Everyone: ‘Will Impact All Of Humanity'

Comments

[DailyBail]

How financial speculation in oil prices ruins airline profits

http://www.mcclatchydc.com/2011/08/17/121047/how-financial-speculation-in-oil.html#ixzz1VURXLHmM

[DailyBail]

Moody's: low interest rates pressure life insurers

http://www.marketwatch.com/story/moodys-low-interest-rates-pressure-life-insurers-2011-08-19

[DailyBail]

BOSTON (MarketWatch) -- Moody's Investors Service said Friday that U.S. credit-card delinquencies hit an all-time low in July, with only 3.09& of credit card balances past due 30 days or longer.

http://www.marketwatch.com/story/moodys-credit-card-delinquencies-hit-new-low-2011-08-19

[DailyBail]

Cop Who Killed 2 People In Last 5 years, Including 15 Year Boy, Caught On Tape Beating Man

http://freewestradio.com/2011/08/cop-who-killed-2-people-in-last-5-years-including-15-year-boy-caught-on-taping-beating-man/

[DailyBail]

Last year I wrote about Ted White and his five year nightmare. Mr. White spent five years in prison after a police officer, who was sleeping with his wife, perjured himself in court. The officer’s testimony helped secure to Mr. White’s wrongful conviction for child molestation. Mr. White was eventually exonerated and released after it was learned that the prosecution knew of the the officer’s affair with Mr. White’s wife and that the prosecution was most likely complicit in the perjury.

http://freewestradio.com/2011/08/cop-lies-man-spends-five-years-in-prison/

[john]

Things are heating up in the Middle East.

Egypt pulls ambassador in Israel.

http://hosted.ap.org/dynamic/stories/M/ML_ISRAEL?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2011-08-19-23-31-15


Israel bombing Gaza.

http://www.jpost.com/Defense/Article.aspx?id=234530


Demonstrators surround Israeli embassy in Cairo

http://en.rian.ru/world/20110820/165957746.html