This Week (8.7.11) - America's Downgrade

In this episode, Christiane Amanpour sits down with ABC's Senior Foreign Affairs Correspondent Martha Raddatz to find out exactly what happened in the deadliest attack on American forces since the start of the war in Afghanistan. Next Christiane talks with S&P Managing Director John Chambers about reaction to the first ever downgrade of America's AAA credit rating.  Then she interviews the chair of the Democratic Governor's association, Maryland Governor Martin O'Malley and top Republican on the Budget Committee Senator Jeff Sessions to discuss whether the parties have the ability to make real economic progress.  In the roundtable Christiane discusses the downgrade and how it effects the American economy with ABC's George Will, former counselor to the Treasury Secretary and President Obama's one-time car czar, Steven Rattner, Senior News Analyst Cokie Roberts, Republican Congressman Jason Chaffetz of Utah, and Chicago, financial advisor Mellody Hobson, president of Ariel Investments.  Next to Syria, Christian talks about America's struggle to respond to President Bashar Assad's expanding crackdown on anti-government dissent.  

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