So it’s happened — right or wrong: a downgrade of Uncle Sam’s credit for the first time in history. Overnight, in reaction to the credit downgrade, Asian and European stocks dropped significantly. Here’s a quick primer based on ABC News’ extensive reporting on the possibility of a downgrade — five easy to understand effects: 1. […]
(via wcpo.com) – Cincinnati-Hamilton County Community Action Agency says President Obama’s proposed budget will cripple the agency’s outreach programs. The agency says the President is calling for a 50 percent reduction to both the Community Services Block Grant and the Home Energy Assistance Program. CAA says many of those clients will have to be turned […]
