Wednesday, June 13, 2012
Buried Headlines: June 13, 2012
A Must Read: Laffer and Moore: Obama's Real Spending Record
The Euro has been circling the drain for some time. The longer the powers-that-be delay the inevitable collapse of the currency, the worse the pain is going to be for the nations in the currency union (and, by extension, the rest of the world). Eurozone politicians and central bankers need to bite the bullet and begin planning for the end of the failed unified currency experiment. The idea of a unified currency for a loose confederation of sovereign states with disparate levels of wealth was ridiculous, and many of the poorer nations were only allowed to participate because the due diligence was conducted by unscrupulous investment banks such as Goldman Sachs, aka Satan's Temple On Earth.
The Euro Titanic Has Now Hit The Iceberg
Greeks Withdraw $1 Billion A Day Ahead Of Vote
History Repeats Itself: Threat Of Hospital Raids Against Immigrants In Greece
More on China's growing dominion over the U.S.:
More Rich Chinese Buy U.S. Property
ECOMINOES FLASHBACK: China Tells U.S. What It Can Do With Its Iran Oil Import Sanctions
In other news:
Top Global Accounting Firm: U.S. Debt Crisis "Bigger Than You Think"
Dems To Obama: Voters Don't Believe Economy Talk
The Cockroach Is Cornered: Holder Calls Contempt Charges Against Him an "Impending Constitutional Crisis"
A Look At "Inflationeering"
The F.I.R.E. Is Set To Blaze! Focus On Banks