Gates of Vienna News Feed 8/8/2011

Gates of Vienna News Feed 8/8/2011The stock market dropped precipitously again today, with the Dow losing more than 600 points. The losses were a reaction to S&P’s downgrade of U.S. sovereign debt, as investors gave up stocks for what are considered safer alternatives in a crisis, such as gold or commodities.

In other news, in Egypt the Muslim Brotherhood called for execution or amputations if any of the members of the Mubarak family are found guilty of murder or corruption.

To see the headlines and the articles, open the full news post.

Thanks to Andy Bostom, C. Cantoni, Gaia, JP, Nick, Nilk, Vlad Tepes, and all the other tipsters who sent these in.

Caveat: Articles in the news feed are posted “as is”. Gates of Vienna cannot vouch for the authenticity or accuracy of the contents of any individual item posted here. We check each entry to make sure it is relatively interesting, not patently offensive, and at least superficially plausible. The link to the original is included with each item’s title. Further research and verification are left to the reader.