Buried Headlines: August 5, 2012

At the turn of the 20th century, Argentina, not the United States, was primed to be the world's superpower. But the Argentine government coddled an aristocracy, and the fruits of free market capitalism were never allowed to ripen. And now Argentina is a pretty, but economically pathetic, country.

Socialist Saber Rattling: Argentina Bans British Ships

In other news:

On The One Year Anniversary Of The US Downgrade, Debt Situation Even WORSE!

JPMorgan Chase Denies Manipulating California's Electricity Market

Will We Have to Wait For A 21st Century Peasants’ Revolt Before Seeing Any Real Change In Banking?

ECB Saves Greece From Certain Bankruptcy. Again.

Investors Await Tax Hike

Rahm Emanuel Refers Solyndra Questions To WH Lawyer

Mark Zuckerberg Has Lost $9 Billion Since Facebook's IPO

Evil Cass Sunstein Leaves White House Post