August 11, 2011 (San Diego’s East County)--ECM World Watch helps you be an informed citizen about important issues globally and nationally. As part of our commitment to reflecting all voices and views, we include links to a wide variety of news sources representing a broad spectrum of political, religious, and social views.
Top world and U.S. headlines include:
• England riots: Fight back underway, says PM (BBC)
• Riots: The underclass lashes out (London Telegraph)
• Worst day for world markets since ’08 (Washington Post)
• U.S. urges citizens to leave Syria immediately (Jerusalem Post)
• After the revolution, Arab women seek more rights (NPR)
• Republican tax hardliners on debt superpanel (Reuters)
• Wisconsin recall elections: Democrats fail to take Senate majority by one seat (Washington Post)
• Government considers turning foreclosures into rentals (AP)
• Foreign-born blacks hit hardest of all immigrant groups by jobs crisis (Huffington Post)
• United States loses AAA credit rating (Reuters)
• S&P Fallout: Fannie and Freddie downgraded (CNN Money)
• Blowing money in the wind: lawsuit filed over wind energy (Toronto Sun)
ENGLAND RIOTS: FIGHT BACK UNDERWAY, SAYS PM
August 10, 2011 (BBC)-- The prime minister has said the "fightback" is under way, after cities in England suffered a fourth night of violence and looting.
RIOTS: THE UNDERCLASS LASHES OUT
August 8, 2011 (Telegraph)--London's rioters are the products of a crumbling nation, and an indifferent political class that has turned its back on them.
WORST DAY FOR WORLD MARKETS SINCE ‘08
August 8, 2011 (Washington Post)--World markets plunged Monday in the worst trading day since the financial crisis, eradicating hundreds of billions of dollars of wealth in a setback to the struggling U.S. economic recovery.
U.S. URGES CITIZENS TO LEAVE SYRIA IMMEDIATELY
August 6, 2011 (Jerusalem Post)--State Department warns that given the "ongoing uncertainty and volatility" American citizens are urged to leave immediately while transportation is still available.
AFTER THE REVOLUTION, ARAB WOMEN SEEK MORE RIGHTS
August 8, 2011 (NPR)-- At the Muslim Brotherhood's headquarters in Egypt's port city of Alexandria, 23-year-old May Kamel found herself arguing with one of the group's senior members.
Kamel, a journalist, had traveled to the Muslim Brotherhood's office to ask about their upcoming political campaign. But she found herself arguing as a woman concerned for her rights.
REPUBLICAN TAX HARDLINERS ON DEBT SUPERPANEL
August 10, 2011 (Reuters)--Republicans named their six members Wednesday to a congressional deficit-reduction super committee, including a favorite of the conservative Tea Party movement and other no-new-taxes hardliners.
WISCONSIN RECALL ELECTION: DEMOCRATS FAIL TO TAKE SENATE MAJORITY BY ONE SEAT
August 9, 2011 (Washington Post)-- Democrats fell one seat short of a chance at taking back the Wisconsin state senate Tuesday, a result that will disappoint organized labor nationally.
GOVERNMENT CONSIDERS TURNING FORECLOSURES INTO RENTALS
August 10, 2011 (AP) -- The Obama administration may turn thousands of government-owned foreclosures into rental properties to help boost falling home prices.
The Federal Housing Finance Agency said Wednesday it is seeking input from investors on how to rent homes owned by government-controlled mortgage companies Fannie Mae and Freddie Mac and the Federal Housing Administration.
FOREIGN-BORN BLACKS HIT HARDEST OF ALL IMMIGRANT GROUPS BY JOBS CRISIS
August 3, 2011 (Huffington Post)-- Of all the groups affected by the unemployment crisis, perhaps the hardest hit have been those black citizens born outside the United States.
According to the Economic Policy Insitute, black immigrants have seen the greatest increase in unemployment among foreign-born citizens since the recession began, with Hispanics a close second.
UNITED STATES LOSES AAA CREDIT RATING
August 6, 2011 (Reuters)--The United States lost its top-notch AAA credit rating from Standard & Poor's on Friday in an unprecedented reversal of fortune for the world's largest economy.
S&P FALLOUT: FANNIE & FREDDIE DOWNGRADED
August 8, 2011 (CNN Money)-- In a move that could shake the housing market, credit rating agency Standard and Poor's on Monday downgraded the debt of mortgage finance giants Fannie Mae and Freddie Mac.
BLOWING MONEY IN THE WIND
August 8, 2011 (Toronto Sun)--Wind power is green, right? It helps keep the air clean, doesn’t it?
Not according to the people suing the state of Colorado over wind power. The American Tradition Institute’s (ATI) Environmental Law Center sued the State of Colorado in federal court last week.
“We’re putting wind on trial because people don’t understand the facts behind wind,” says Director Dr. David Schnare. “We believe that if people knew how variable wind was, and how dirty it was, if they knew the wind was neither free nor clean, then they may not have government demand its use.”
Videos explain the lawsuit: