JAMES CHAPMAN UK Daily Mail October 28, 2011 Europe is holding out the begging bowl to China in an effort to keep the rescue package for the single currency alive. In a clear sign of how the balance of world power has tipped towards the East, EU leaders hope China can be persuaded to... »
Archive for October 28th, 2011
Help us out, Europe begs China: Desperate Euro chiefs look East to fund huge bailout gamble
One Day After The Euphoria, Here Comes The Hangover
by Tyler Durden ZeroHedge.com 10/28/2011 Now that the kneejerk euphoria, in which nobody had done any work, confirming that the only thing worse than a clueless Europe is an even more clueless market, over the non-bailout has ended, here is the hangover, courtesy of Tullett Prebon. From Tullett Prebon It isn’t now…euphoria has greeted... »
German Constitutional Court Halts EFSF Approval, Issues Temporary Injunction On Further Bailout Decisions
by Tyler Durden ZeroHedge.com 10/28/2011 The German constitutional court has already played a substantial role in the country’s participation in the European bailout. Back in September when noting the first participation of the court in the European rescue machinery we noted that “giving the Bundestag’s Budget Committee the final say over the use of... »
Europe’s rescue euphoria threatened as Portugal enters ‘Grecian vortex’
Monetary contraction in Portugal has intensified at an alarming pace and is mimicking the pattern seen in Greece before its economy spiralled out of control, raising concerns that the EU summit deal may soon washed over by fast-moving events. By Ambrose Evans-Pritchard Telegraph.co.uk 27 Oct 2011 Data released by the European Central Bank show... »
Europe Tries To Kick The Can Down The Road But It Will Only Lead To Financial Disaster
EconomicCollapseBlog.com Have you heard the good news? Financial armageddon has been averted. The economic collapse in Europe has been cancelled. Everything is going to be okay. Well, actually none of those statements is true, but news of the “debt deal” in Europe has set off a frenzy of irrational exuberance throughout the financial world... »
A Decade of Secret Tyranny
by Bob Bauman LewRockwell.com Ten years ago today, on Oct. 26, 2001, President George W. Bush signed into law the odious legislation known as the U.S.A. PATRIOT Act, perhaps the single most unconstitutional enactment by the U.S. Congress since the Alien and Sedition Acts of 1789. A panicked Congress, eager to be seen as... »
Survivors Sample Chapter Excerpt – Chapter 5: Hornet’s Nest
by James Wesley, Rawles LewRockwell.com “The only purpose of a government is to protect a man’s rights, which means: To protect him from physical violence. A proper government is only a policeman, an agent of man’s self defense, and, as such, may resort to force only against those who start the use of force.... »
The Occupiers and the State
by Anthony Gregory LewRockwell.com In Oakland, California, where I live, the Occupiers have been struggling to keep their ground on Ogawa Plaza, a piece of public property in front of City Hall. On the night of Tuesday, October 25, I saw from my apartment, miles northeast of the action, dozens of police cars zoom... »
GRACELESS DIPLOMACY: A HALLMARK OF U.S. THINKING
By Sheriff Jim R. Schwiesow, Ret. October 28, 2011 NewsWithViews.com THESE ARE OUR LEADERS Did you note the gleeful hilarity with which our Secretary of State greeted the news of the grim and ignominious assassination of Ethiopian leader Moammer Gadhafi at the hands of an American backed rabble of depraved and perverted insurgents of... »
IRS ATTACKS RELIGIOUS GROUPS FOR EXERCISING FREE SPEECH CHALLENGED IN COURT
By NWV News Writer Jim Kouri October 28, 2011 NewsWithViews.com A Christian organization that espouses conservative values and morality charged the Internal Revenue Service with silencing the groups First Amendment rights utilizing “legal gymnastics” to tax nonprofits’ free speech. When the group challenged the IRS’ actions it prevented a court challenge through stonewalling and... »