A Critical Turning Point In American History

We progress, marching forward leaving behind us a trail of yesterdays, filled with events large and small, assembling memories, but some of the more momentous occurrences rise to a superior level which we include in our collective “history.” In that wake of our advance some of those momentous waves swell further, rising to become events that only hindsight can identify as pivotal moments in that shared recollection.

Reagan brought the Soviet Union to its knees but it took Barack Obama to bring the United States to its knees [Reader Post]

Back in April Timmy Geithner said there was no chance that the US credit rating would take a hit.

Treasury Secretary Tim Geithner said Tuesday there is “no risk” the U.S. will lose its top credit rating amid a new analysis that revised its outlook on American debt to “negative.”