Vermont Today: Will Vt. lose fed funds? Plus Obama on market plunge; reader ...
Your afternoon news update with host Cristina Kumka
It's Monday afternoon and there's a lot of hard news coming out of Washington, D.C., and from the offices of our state representatives. From the market antics to President Obama's comments, from the impact of Congress' action on the debt ceiling to expansions in the communication technology and medical fields, there's a boatload of important news breaking today, most of it having a direct impact on our daily lives. Here is a quick digest:
Obama calls credit downgrade and economic tumult 'imminently solvable;' market loses more than 600 pts
President Barack Obama on Monday essentially dismissed the first-ever downgrade of the U.S. credit rating, and the downward tumble of the stock market, trying to reassure investors and the public. He said that the nation's leaders need only show more "common sense and compromise" to tame a staggering accumulation of debt.
Seeking to demonstrate command in a volatile economic climate, Obama said he hoped the decision by Standard & Poor's would at least give Congress a renewed sense of urgency to tackle debt problems. He said that must be done mainly by taking on the politically difficult issues of reforming taxes and entitlement programs in the coming months.
In his first public comments on the credit downgrade, which S&P announced late Friday, Obama said Washington had the power to fix its own political dysfunction.
"Markets will rise and fall," he said. "But this is the United States of America. No matter what some agency may say, we've always been and always will be a triple-A country."
S&P officials dropped the government's rating to AA+ from the top rating, AAA, based on a lack of confidence that Congress and the president will be able to shake their political gridlock and make more serious reductions in the long-term debt.
Atomic Skis Sizing - News
An advance of Winter in August, the chamber event celebrating the ski industry's impact on the local economy. The event will take place in Center Street Alley in Rutland on Tuesday. - A story about the meeting of the Rutland City Police Commission,
Atomic Theory Skis – Size 186cm
Product Important features
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Atomic, reforming the business landscape into the new structures of tomorrow
Now in a new paperback edition Atomic picks up where Roger Camrass and Martin Farncombe's previous work, The Atomic Corporation: A Rational Proposal for ...Atomic, The First War of Physics and the Secret History of the Atom Bomb: 1939-49
Theory of Sizing
Atomic physics
Atomic physics
For this eighth edition he also wrote a new chapter on the quantum theory of solids.View Information Directory
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Atomic has an extensive history winning ski races. But even if you dont race, the race technology and quality of these skis trickles down to the consumer level, ...
