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BBC News 27 November 2010 …The EU and the IMF are set to lend the country more than 85bn euros ($113bn; £72bn), with the terms of the deal expected to be announced on Sunday ahead of the markets re-opening on Monday. State broadcaster RTE has reported that the interest rate to be paid on part […] November 27th, 2010 | Tags: construction boom, European Central bank, housing crisis, IMF, Ireland, property taxes, sovereignty | Category: Banking and finance, Economy, European Union, Politicians, Taxes | Comments are closed
Bruno Waterfield Telegraph 21 Nov 2010 Ireland has finally been forced to take an economic bail-out from the European Union in a deal designed to save the euro. After a humiliating week of denying it needed help, the Dublin government succumbed to pressure from other euro zone countries and asked for a “very big” loan. […] November 21st, 2010 | Tags: bail-out, British Sterling, Euro, eurozone, IMF, Ireland | Category: Economy, European Union, Great Britain, Socialism, Taxes, Unions | Comments are closed
Garfield Reynolds and Wes Goodman Bloomberg.com 6/4/2010 June 4 (Bloomberg) — President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output, a step toward what Bill Gross called a “debt super cycle.” The CHART OF THE DAY tracks U.S. gross domestic product […] June 8th, 2010 | Tags: IMF, U.S. Debt Burden, U.S. Treasury | Category: Barack Obama, Economy, Taxes | Comments are closed
The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history. Ambrose Evans-Pritchard Telegraph [UK] 26 May 2010 The M3 figures – which include broad range of bank […] May 27th, 2010 | Tags: Ben Bernanke, IMF, Larry Summers, M3, The Great Depression | Category: "Stimulus" program, Barack Obama, Cloward-Piven Strategy, Federal Reserve, unemployment | Comments are closed
Investor’s Business Daily 5/13/2010 Policy Failure: Greece was told that if it wanted a bailout, it needed to consider privatizing its government health care system. So tell us again why the U.S. is following Europe’s welfare state model. The requirement, part of a deal arranged by the IMF, the European Union and the European Central […] May 17th, 2010 | Tags: European Central bank, Greece, IMF | Category: Health Care, Media accountability, Socialism | Comments are closed
GOP.gov 5/13/2010 “American taxpayers should not be forced to bear the risk for nations that have avoided making tough choices.” U.S. Congressman Mike Pence, Chairman of the House Republican Conference, joined Conference Vice-Chair Cathy McMorris Rodgers, Ranking Member of the House Appropriations Committee Rep. Jerry Lewis, Rep. Jeb Hensarling, and Rep. Kay Granger in introducing […] May 13th, 2010 | Tags: bailout, Greece, IMF, Rep. Mike Pence | Category: Barack Obama, European Union, legislation, Treasury Department, United States | Comments are closed
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