cowarts

The scuffle and boiling political wrangling behind the scenes on Capitol Hill have come to trouble the largest creditor of the U.S.. The Chinese government, which currently is holding more than one trillion dollars in U.S. Treasury bonds, had to call the attention yesterday the new student troublemaker in the international arena, which urged immediate action to avoid a default debt on 2 August. Debt ceiling: an interim arrangement would be the worst for investors.

With the quarantining of rating agency Moody's freshly baked, Hong Lei, spokesman for the Chinese Foreign Minister, told Reuters that "the U.S. government should adopt responsible policies to ensure the interests of their investors. " A similar rebuke by the Standard & Poor's in March, when lowered its outlook on U.S. debt to negative from stable.

However, Moody's decision, announced late on Wednesday, buzzed many Asian governments, where a weak dollar does nothing to feed any bubbles arising from an increase in capital flows.

Hartadi A. Sarwono, Deputy Governor of Central Bank of Indonesia, acknowledged that estimates of the health of the U.S. economy "will not be as optimistic as we expected." In this regard, Moody's said they are "raising the possibility" that the U.S. Congress does not reach an agreement to raise the debt ceiling, which could lead to non-payment of debt obligations of the U.S. Treasury.
More surveillance

At the same time, the rating agency of China, Dagong Global Credit Rating, which lowered last November his perspective on the U.S. economy to A +, said yesterday that it has again put the world's largest economy in a negative review, given its comatose growth, lack of credit and high fiscal deficits.

Amid the scrutiny Chinese, Federal Reserve chairman, Ben Bernanke, acknowledged yesterday during his appearance before the Senate Finance Committee that, today, the U.S. central bank is "not prepared to take additional measures," is ie, sweetened to some extent his remarks yesterday before Congress, where he opened the door to a new program to repurchase bonds, dubbed Quantitative Easing and 3 (QE3).

Estimates the guardian of the country's economy, "the situation is very complex." "Inflation has grown ... We are not sure what the short-term evolution of the economy. We wait to see if it heals. We are not prepared at this time to take new measures," he added, while acknowledged that perhaps a third round of stimulus would not cause the desired effect on the economy. Again, Bernanke again reiterated the devastating effects of a debt default in the country.
Obama loses his temper

With the nerves to the surface tension and the apparent attempt to raise the U.S. debt ceiling, which currently exceed 14.29 billion, the country's president, Barack Obama returned to the negotiating table at the last Thursday morning, in a match that ended with the occupant of the White House abruptly leaving the room where it was collected.

The encounter with Eric Cantor, the Republican leader in Congress, who accused Obama of bluff, made the chief executive ends up losing his patience. "Do not accuse me of lamplighter, represent U.S. citizens in this matter," snapped the president as having said at the limit. "This can end my presidency, but I will not yield."

Despite the tense encounter, Democratic sources said they, for the moment, negotiations are continuing. The Obama administration has outlined a plan whereby it commits to a reduction of the deficit amounting to 1.7 trillion dollars over the next decade. So far, lawmakers in both parties might have agreed in principle to abide by cutting deficit worth 1.5 billion dollars.

Anyway, the last bullet in the chamber is in the hands of the proposal made Tuesday by Republican Senator Mitch McConnell. Try to get Congress to approve increasing the debt ceiling by 2.5 billion dollars through three increases that take place during the next 18 months. This process could be approved through a legislative maneuver. Meanwhile, in the House, the discussion on the deficit reduction would take their course.

However, this strategy could call into question Obama ahead of the 2012 presidential campaign, as Republicans would have ammunition enough to derail Democratic efforts to try to sort out the country's fiscal accounts.

The neighborhood of Borough Park in Brooklyn, one of the largest Hasidic communities outside Israel, has dawned Wednesday dyed black and blood. More than 2,000 volunteers were mobilized for Leibby Kletzky, the eight year old boy who disappeared on Monday while returning under his own summer camp.

The desperate search is over this morning with the gruesome discovery of the dismembered body of the child in a red suitcase which was thrown into a garbage can.

Police found more remains of the small refrigerator in the alleged murderer, Levi Aron, located thanks to a safety video in which he was seen walking with a child up to Dahill Road, minutes before his disappearance.

The man who made incriminating statements, was being questioned and is expected to be charged, police said. Authorities said the child was missing and apparently was trying to find his way home when he met with Aron. Investigators said that after a conversation, the boy entered the suspect's Honda car.

Aron told investigators he panicked and killed the child when he realized that the community and police were mobilized to find the child. Police say they have evidence that the child has been sexually abused, although detectives are still investigating.

"A child of nine killed and thrown away, what world do we live?" Lamented Dov Hikind, a representative of the Assembly constituency in New York, he had amassed $ 125,000 in grants to reward those who help to the whereabouts of the little Leibby.

"We're all in a state of shock, can not believe or understand it," Hikind admitted. "First the disappearance, and now all these gruesome details ... and that was someone from this community."

Police have confirmed that the suspect is "in custody" but gave no details. Several neighbors described Levi Aron as "mentally unstable" and his family said they acted "in a strange way," but met regularly with religious precepts.
Pilgrimage to the area

Hundreds of Orthodox Jews from other New York neighborhoods have come together on buses this morning at Borough Park to join the grieving family and community, "groomed" in the last two days by a throng of police and FBI agents joined the search.

Early in the morning, the police spokesman Paul Browne of New York confirmed the fears. They had found the boy's body, dismembered and contained in plastic bags inside a red suitcase, thrown into a trash can in another neighborhood of Brooklyn.

Shortly after it was confirmed that other "remains" were discovered in the small refrigerator Levi Aron, the suspect recorded by a security camera in the company of children. Aron lived in an apartment alone, in the same building as their parents. The only background I had were for urinating in public.

Police are trying to reconstruct the last hours of life of small Leibby, apparently in the street was approached by the stranger. In security video shown how to cross the traffic light behind him. Police suspect got in the car of gold and Japanese brand, which was key to locate the alleged murderer (who had spent minutes in the dentist's office nearby).

The incident has shocked the entire city, traveled daily by thousands of children who go and come back from their summer camps. The NYPD has asked parents to take precautions, to ensure the routes that their children and seek them regularly located.

The president said that the disarmament of prisons is a necessary, this week after authorities regained control of El Rodeo II Prison
President Hugo Chavez pledged today to humanize prisons in Venezuela through a process of transformation of the national prison system that allows end the mafias that control some of the prisons.

'I pledge to work to humanize the prisons, "Bush said during a telephone intervention in Venezuela Any program, broadcast by Venezolana de Television (VTV).

Chavez emphasized that 'me in jail I was useful and that is what I long for anyone, that prison is a school to go forged for life, for humanity, for peace, for happiness, for living life '.

The president was jailed two years after failing a coup against President Carlos Andres Perez in February 1992 and left the prison following a pardon granted in 1994 the Social President Rafael Caldera.

About the entrenchment of mafia groups for 27 days held hostage to the inmates at the El Rodeo II, in central Miranda state, Chavez said that this 'implies complicity, collection of money-values ​​of capitalism'.

The Head of State recalled his years in the Yare prison and acknowledged that operations such as collecting money are part of the culture that prevailed in the prison system.

'That was there unfortunately, deeply planted in a very corrupt system. It's like a cancer, we must fight against it, a transformation of values, spiritual and real physical, "he said.

'I appeal to values ​​and that we all participate, inmates, family members, "he said.

The president reiterated that the disarmament of prisons is a necessary measure, 'but you can not do with massacres. Here we must raise the flag of the supreme human rights. "

'At other times I'm pretty sure that (making the Rodeo) had ended with a slaughter, "he added.

According to press reports, the National Guard (military police) near El Rodeo II and after 27 days, on Tuesday controlled a prison riot that killed 12 inmates and three to the military.

President Barack Obama again today urged the U.S. Congress to avoid temporary solutions and solve once and forever the dilemma of public debt and budgetary imbalance.

Once again the Democratic leader, told a news conference on Friday, stepped to the podium and said lawmakers from both parties on Capitol Hill has a unique opportunity to do something big to stabilize the U.S. economy for decades.

The executive warned that an agreement not emerge before the August 2 could trigger a tax increase "for everyone," even though the Republicans are opposed to any increase in taxes as a way to cut the deficit.

Previously, Obama had said: "The issue is that simple, if no agreement I can not guarantee that the August 3 out of Social Security checks simply because they have money in our coffers."

According to the ruling Congress would have within 36 hours to enter into a serious program path to deficit reduction and raising the debt ceiling.

"We should not be so close to the deadline. We're running out of time," said the head of state.

August 2 The U.S. can stop payment if no certificate before the Congress a rise in debt limit, currently at 14.29 billion dollars.

For now, the Republican minority leader in the Senate, Mitch McConnell, considered insufficient a proposal to reduce spending Obama in two billion dollars for the next fiscal year, which begins October 1.

McConnell acknowledged that his team has not been able to bring Democrats to the point that they wanted the Republicans, who pushed the House of Representatives cutting measures that include reduction of about 30 billion dollars.

Kentucky Congressman is also revealed that in Congress trying to create a bipartisan commission of deficit reduction, consisting of 12 legislators to study saving solutions. This body would report its findings later this year.

The U.S. total debt exceeds $ 14.2 trillion. The figure includes all financial obligations of the country except the debts of public institutions together. It is expected that by 2012 the debt will be greater than the total value of U.S. production.