BY RICH GALEN
Reprinted from mullings.com
I woke up early yesterday morning to follow the story of the continuing drop in the markets following the S&P downgrade of U.S. sovereign debt from AAA to AA+. It occurred to me that, as we enter the second week of August, this may be the most arcane “August Story” in my experience.
Anthony Weiner is the typical August story: Public official, sex, denials, resignation. That it happened in June was just one more reason to not have any sympathy for Weiner.
Last year, every visit to that new office Keurig coffee machine included a discussion about the state of the Deepwater Horizon oil spill, brought to you by BP. “Junk Shots” and “Top Kills” sustained us throughout the summer before a relief well was finally completed in September.