TUESDAY, August 9, 2011

Standard & Poors stunned the U.S. financial community by downgrading the country's credit rating from AAA to AA+.  To put this in terms the average American can understand, the U.S. government -- without a co-signer like China or India --  would not qualify to borrow $300 from Payday Loans to buy a 1947 Buick.

"Cowboys & Aliens," Universal's new scifi oater currently enjoying boffo box office receipts, stars Daniel Craig and Harrison Ford as cowpokes who can't seem to shake old habits.  Craig's James Bond keeps surfacing to order a martini "stirred not shaken," and Ford is the first Old West cowboy to wear a fedora .

"Rise of the Planet of the Apes," the prequel to 1968's "Planet of the Apes," grossed a respectable $54 million, sailing past the Jason Batman pablum-fest, "The Chang Up."  Industry insiders credited the simian cinema's strength to improved special effects, audience hunger for a summer hit, and the absence of Charlston Heston.

The City fathers of Los Angeles have come up with an ambitious plan to build a multi-million dollar new football stadium with a retractable roof.  Designed to look like a giant Roach Motel, top NFL draft choices will be lured inside by Hollywood starlets where they'll quickly become immobilized on the sticky floor until they agree to play in Los Angeles.

Fans of Lucille Ball flocked to her hometown of Jamestown, New York to celebrate the redhead's 100th birthday at a five-day festival.  In Havana, Fidel Castro marked the event by naming Dezi Arnaz Cuba's most famous favorite son.