July 20, 2011

If Congress and the White House can’t agree on how to raise the federal government’s debt ceiling, why not just remove it? That’s the suggestion from one of the nation’s biggest bond rating agencies. Moody’s says United States is one of the few countries where lawmakers set a ceiling on government debt. The agency could downgrade the nation’s credit rating in the face of uncertainty about the debt ceiling. Source Link 

The experts say it can be Christmas in July when you’re shopping for bargains in the middle of summer. Now is the time when deeper discounts are available on items like clothing, shoes, sports equipment and even airfares. But summer is not the best time to buy a new TV or laptop, as electronics tend to be priced lower for the holiday shopping season. Source Link 


Atlantis is on its way back to earth after completing the final mission of the 30-year Space Shuttle program. After the last shuttle touches down early Thursday in Florida, American astronauts will fly as passengers aboard Russian spacecraft to reach the International Space Station. It could be more than five years before NASA launches its next manned space flight. Source Link