The ongoing food fight between Obama and the Republicans is hiding the real game — spending ever-larger sums on ourselves and leaving ever-larger bills for our kids. This fiscal child abuse must stop. – CNN
Post Tagged with: "Greece"
September 19, 2011 06:49
The U.S. Bails Out A Profligate EU
The real problem is that Europe has created a massive welfare state that its shriveled, undynamic economies can no longer support.
September 14, 2011 06:03
China Premier Wen Jiabao Dampens Speculation on China Saving Europe with Statement “Debt-Laden Economies Must First Put Their Own Houses in Order”
China is willing to help, but only after Europe solves the crisis and no longer needs help.
September 12, 2011 05:42
Global stock markets down on debt fears as euro falls
The euro fell to a 10-year low against the yen, and investors poured into German bonds in a flight to safety. – BBC
July 8, 2011 06:39
The Sovereign Debt Crisis Is Never Going To End Until There Is A Major Global Financial Collapse
The combination of huge amounts of debt and huge amounts of leverage is incredibly toxic, and that is what we have all over the globe today. Almost every major nation is drowning in a sea of red ink and almost all of our major financial institutions are leveraged to the hilt.
July 6, 2011 08:05
Senate Minority Leader – Greece is where we’re headed
“The president and his allies in congress don’t seem to get it.” Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor Tuesday regarding the President’s request for a debt ceiling increase.
July 6, 2011 05:21
Portugal’s debt is downgraded to junk status by Moody’s
The agency said there was a growing risk the country would need a second bail-out before it was ready to borrow money from financial markets again. – BBC News
July 1, 2011 08:21
Fed’s Massive Stimulus Had Little Impact; Pessimistic on Debt Agreement : Greenspan
The Federal Reserve’s massive stimulus program had little impact on the U.S. economy besides weakening the dollar and helping U.S. exports, Federal Reserve Governor Alan Greenspan told CNBC Thursday.
June 28, 2011 08:41
Everyone can see Greek default coming
British MEP says bankers pushing default onto European taxpayers. Daniel Hannan, a writer and journalist, and Conservative MEP for South East England since 1999 believes that the European Union is making its constituent nations poorer, less democratic and less free. “You can evade reality wrote Ayn Rand, but you cannot evade the consequences of evading reality.” “We’ve reached the limit of trying to move markets with public money.”
June 21, 2011 07:45
America- A Greek Tragedy
The looting of America has a tremendously high price. No one will ever know what didn’t happen because of the growth of unlimited government.
