noted. 08/02/2011

• Democracy Now! | Headlines for August 01, 2011

  • Relief efforts continue in the Horn of Africa amidst a famine threatening the lives of millions of people. UNICEF Emergency Programs Deputy Director Dermot Carty said immediate intervention is needed to avoid an escalation in deaths.

• 10 Inconvenient Truths About the Debt Ceiling | Crooks and Liars

  • 1. Republican Leaders Agree U.S. Default Would Be a "Financial Disaster"
     2. Ronald Reagan Tripled the National Debt
     3. George W. Bush Doubled the National Debt
     4. Republicans Voted Seven Times to Raise Debt Ceiling for President Bush
     5. Federal Taxes Are Now at a 60 Year Low
     6. Bush Tax Cuts Didn't Pay for Themselves or Spur "Job Creators"
     7. Ryan Budget Delivers Another Tax Cut Windfall for Wealthy
     8. Ryan Budget Will Require Raising Debt Ceiling - Repeatedly
     9. Tax Cuts Drive the Next Decade of Debt
     10. $3 Trillion Tab for Unfunded Wars Remains Unpaid

     

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