Roland S. Martin's Blog, page 677

Jon Stewart Rips Standard & Poor's U.S. Credit Rating Downgrade: 'A Slap In The Face' (VIDEO)

Source: The Huffington Post After a long stand off between President Obama and Congress over the debt ceiling, even reaching a compromise before the deadline couldn't stop Standard & Poor's from downgrading America's credit rating from AAA to AA+. On Monday night's "Daily Show," Jon Stewart reacted to the news not by attacking the President or Republicans, but by expressing his disappointment in Standard & Poor's. "Who's going to listen to a company whose name translates to 'average and below [...]

What Happened To Mark Duggan, The Man Who Sparked the London Riots?

Source: ABC News On the night of Thursday, Aug. 4, a 29-year-old father of four with reported links to London gangs was shot and killed by officers in London's Scotland Yard. Five days later, more than 500 people have been arrested, at least 111 police officers have been injured, one person has died and several buildings have been completely engulfed in flames in one of the largest riots in England's modern history. According to an account provided by the IPCC, [...]

Keith Olbermann: Michele Bachmann's Newsweek Cover Makes Her Look '150 Percent Insane' (VIDEO)

Source: Huffington Post Keith Olbermann gleefully mocked Michele Bachmann for her expression in the controversial Newsweek cover image of her. The cover–which shows a photo of Bachmann with a wide-eyed expression and labels her the "Queen of Rage"–has caused a major stir, with everyone from Fox News to the National Organization for Women condemning it. On his Monday show, Olbermann called the cover "the worst magazine cover since Martin Sheen in 'The Dead Zone'" and said that it made Bachmann [...]

Al Sharpton On Primetime? Black Journalists Continue To Question MSNBC's Choice (VIDEO)

Eric Deggans and Howard Kurtz talk about Rev. Al Sharpton's potential MSNBC show. WATCH:

White House Pushes Back On Downgrade (VIDEO)

CNN's Brianna Keilar reports on the White House's reaction to the S&P's credit assessment. WATCH:

Did Rick Perry Score With Prayer Rally? (VIDEO)

Visit msnbc.com for breaking news, world news, and news about the economy NBC's Carrie Dann recaps Rick Perry's prayer weekend rally. Will his religion resonate with conservative voters in Iowa?

President Obama: America Remains A "Triple-A Country" Despite Decision By Ratings Agency (VIDEO)

Source: Brian Montopoli / CBS News President Obama said Monday that America remains a "Triple-A country" despite the decision by ratings agency Standard & Poor's to downgrade U.S. debt in the wake of the fight over increasing the debt limit. "Markets will rise and fall," he said. "But this is the United States of America. No matter what some agency may say, we have always been and always will be a Triple-A country." (watch his comments on the credit rating [...]

Stocks Plunge Following S&P Downgrade

Source: Ken Sweet / CNN Money New York – U.S. stocks plunged deep into the red on Monday as fearful investors faced the news that the United States had lost its coveted "AAA" credit rating. All three major U.S. stock indexes were down between 4% and 5%, pushing the Dow below 11,000 for the first time since November. The stock market has now lost 14% during the past two weeks. Market observers tried to say the downgrade by itself shouldn't [...]

Dow Drops Below 11,000 As Debt Downgrade Fans Fears

Source: Gary Strauss / USA Today U.S. stocks sank in a stomach-churning panic Monday, following market meltdowns in Asia and Europe, as last week's downgrade of the USA's credit rating reverberated around the world. If investors were looking for assurance from President Obama, they didn't find it. His attempts to assauge skittish investors during a mid-afternoon televised speech appeared to accelerate the losses. Before he spoke, the Dow Jones industrial average was down about 385 points; following his remarks, the [...]

Congressional Black Caucus Launches Job Tour (VIDEO)

Visit msnbc.com for breaking news, world news, and news about the economy Rep. Emanuel Cleaver, D-Mo., talks about the initiative, which will focus on some of the country's hardest hit cities.