Moody's downgrades Citigroup and Bank of America credit scores. But not "because of the difficult business conditions they face," New York Times, but because of their incompetence and arrogance.
The Cato Institute finds that corporate welfare outstrips "traditional" social welfare programs by about three to two. You'd think the Cato Institute would find corporate welfare programs more insignificant than that.
The Vatican hires a Fox News correspondent as a media advisor. After all their hilarious attempts at demonizing their critics, I thought the Vatican's brain trust were already taking Fox News advice!
Michael Reagan says Mr. Obama's "mini-DREAM Act" executive order proves "he's doing to Latinos what Penn State coach Jerry Sandusky allegedly did to the children of Pennsylvania." Hey, Michael: your Dad called. He wants you to know that you're still not getting any more attention from him.
A jury finds Church of God minister/serial end-of-world forecaster Ronald Weinland guilty of five counts of tax evasion. Seems like a rather banal crook, actually -- $400,000 doesn't even buy as much house as it used to -- but, in a sign the apocalypse is not coming, the jury deliberated a mere four hours before returning the verdict.