Five Things: Hugh Carey or S&P Downgrade

1. The Economist breaks down why S&P says it downgraded our country's credit rating.

2. The Queens Chronicle has an important look at what disappointments a nubie to the political field can—and what one did— face in Central Queens. 

3. Former New York Gov. Hugh Carey, credited with reining New York City back from near bankruptcy in 1975 fiscal crisis, died yesterday, reports the AP.

4. Check out of Shakespeare in the Park, performed at Fort Totten.

5. Guess .