3 Polls: Americans Furious At The Tea Party

From Denny: Three different polls declare theTea Party's popularity is rapidly running downhill. There is a backlash against this ultra conservative self-serving political movement.

CNN, The New York Times and CBS recorded an all time high unfavorable rating this past month for the Tea Party and its goals.

What the Tea Party did achieve is to wake up the Independent voters who rarely pay close attention to politics compared to loyalist Republicans and Democrats. 

Egypt: Obama Blunders With $65 Million In Unwanted Democracy Grants

15 July 2011 - Tahrir Square protests, Photo by Kahlil Hamr/AP

From Denny: President Obama campaigned on how things would change in Washington. Well, he lied. Not much has changed, at least for the better.

The New Egypt

Fast forward to The Egypt Revolution and their transitional government getting its feet wet trying to create a new Egypt. 

What does Obama do? He tries to do what America has always done: patronizingly decide what is good for someone else because we want to give it to you. Of course, foreign country gifts always come with a price tag, now don't they?

Jon Stewart Exposes New American Credit Rating: The Obama Downgrade

From Denny: Only Jon Stewart would think of this crazy scenario - or dare to air it. Comic Larry Wilmore delivers a flawlessly funny run on the black stereotype in relation to America's new credit rating, courtesy of a downgrade from S & P. The other credit rating agencies did not follow suit. Nor did they make a $2 trillion error in projections like S & P who still refuse to own their colossal mistake.

Basically, these credit rating agencies were paid off by Wall Street to rate various companies as good risks when clearly they were not. The second video clip is of law professor John Coffee who explains how that tangled web of deceit created the economic mess we are experiencing today.