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"Do they expect the Chinese to reverse course on their current policy and start heavily buying U.S. debt once again?" asked Peter Schiff, president of Euro Pacific Capital. "That seems extremely unlikely." (Associated Press)

"Do they expect the Chinese to reverse course on their current policy and start heavily buying U.S. debt once again?" asked Peter Schiff, president of Euro Pacific Capital. "That seems extremely unlikely." (Associated Press)

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Say hello, Assad: See the Navy warships off the coast of Syria

The Navy has sent four warships — USS Ramage, USS Mahan, USS Gravely and USS Barry — armed with ballistic missiles into the eastern Mediterranean Sea amid violence in Syria. Navy ships are capable of a variety of military actions, including launching Tomahawk cruise missiles as they did against Libya in 2011.