China Downgrades US Debt

- Cut long term US sovereign rating one notch to A+ from AA, with a negative outlook.

- "The serious defects in the U.S. economy will lead to long-term recession and fundamentally lower the national solvency. The credit crisis is far from over in the United States and the U.S. economy will be in a long-term recession. In essence, the U.S. government's move to devalue the dollar indicates its solvency is on the brink of collapse"

Entire World Blasts Deranged Madman's Uncheckable Insanity

Yesterday's Ben Bernanke penned an Op-Ed in which he essentially said: "I am doing whatever I interpret my mandate to be, which right now means only thing: Dow 36,000. I am only accountable to the private bank that is the Federal Reserve, a few Wall Street CEOs, and no one else. Congress has no power over me. Try to stop me."

It’s All About The (Declining) Dollar

"The good part about the Republicans regaining control of the government again however is it will be easier for Ron Paul to audit the Fed and the US gold reserve, assuming one still exists."