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Chinese ratings house: U.S. government already defaulting on debts

A Chinese ratings house has accused the United States of defaulting on its massive debt, state media said Friday, a day after Beijing urged Washington to put its fiscal house in order. “In our opinion, the United States has already been defaulting,” Guan Jianzhong, president of Dagong Global Credit Rating…

Obama would destroy Palin in hypothetical race, poll finds

WASHINGTON — Sarah Palin predicted Sunday that Barack Obama would lose the presidency if he was currently facing re-election. But apparently that’s far from true if she’s the Republican challenging him, a new poll finds. “I think if the election were today, I do not think Obama would be re-elected,”…