Germany Rejects Geithner, ECB Refuses To "Print", Greece Gets Final Warning
Looks like no more official trips for G-Pap anywhere very soon:- ECB'S WEIDMANN-IT IS WRONG TO ABANDON ALL PRINCIPLES OF MONETARY POLICY BY CITING A GENERAL EMERGENCY-SPIEGEL
- GERMAN CSU HEAD - IF GREECE CAN'T OR WON'T KEEP TRACK WITH RESCUE PLAN THAN AN EXIT FROM THE EURO ZONE IS CONCEIVABLE-SPIEGEL
Did Papandreou Just Get The Worst Possible News?
Did everyone's favorite pathologically lying Prime Minister finally get the long overdue bad news? After yesterday Bloomberg released the following succinct statement... "Greek Prime Minister George Papandreou will meet with International Monetary Fund Managing Director Christine Lagarde in Washington on Sept. 20, according to an e-mailed statement from the premier’s office in Athens. On the same day, Papandreou will also meet with U.S. Treasury Secretary Timothy F. Geithner, according to the statement. Papandreou will visit New York and Washington from Sept. 18 through to Sept. 23, and will speak at the United Nations General Assembly, the email said." BBC News now follows it up with.... "Greek Prime Minister George Papandreou has cancelled a visit to the US because of the seriousness of the country's debt crisis, Greek media reported, quoting government sources. State TV said he decided to return home after consultations with Finance Minister Evangelos Venizelos. Mr Papandreou planned to attend the UN General Assembly and IMF meetings. The decision comes a day after eurozone ministers delayed a decision over debt-ridden Greece's next bailout loan." Having acted like a petulant child most of his political career, did G-Pap just pull the final act and "retaliate" at the IMF and the US for snubbing him in the only way he knows - by refusing to grant Timmy G and Lagarde an audience? In the meantime, Europe believes it is ready to cut the cord with Greece...Guest Post: Those Terrorists We See in the Mirror… They Are Us
Some of us were brought into political adulthood reading Walt Kelly’s masterful creation, Pogo, the lovable character living in the Okefenokee Swamp of Georgia. From dialogue used in that comic strip, many were the quotes that attained temporary or even permanent fame, but one topped them all: “We have met the enemy and he is us.” And Kelly’s reference point was not only the environment but his belief that we are… all of us, responsible for our myriad pollution: public, private and political. A quote that couldn’t be more apropos to our times, and our resistance to accept that one fact which is just as important today as it was in a cartoon a half century ago. That resistance was experienced last Tuesday, September 13, during a quasi-debate among Republican contenders for the party’s nomination to the presidential elections next year. Among the eight candidates on stage was (R) Rep. Ron Paul, a long time legislator and the baton carrier for the Libertarian wing of the Republican Party. Ron Paul is definitely not a politician in contention to represent his party given his criticism of the existing bipartisan foreign policy and his anti-war stance. And he knows it!Got Gold? Austria Limits Purchases to $15000 Euros
silvergoldsilver at silvergoldsilver - 2 hours ago
"As per the new Austrian policies, individuals who wish to purchase gold
will be restricted to purchase only 15000 Euros worth of gold at a time
making gold an officially “restricted” commodity."
Click here...
Gold Is Not Only An Inflation Hedge
Admin at Marc Faber Blog - 3 hours ago
I think it is important for investors to understand the role of gold as an
insurance against a systemic failure and not necessarily as a hedge against
inflation. I should add that I own gold for both reasons, believing that it
will perform well in both an inflationary and deflationary environment. In
addition, I am not selling any gold but traders should realise the gold
price is extremely overbought and that it could easily drop toward the
200-day moving average – that is, between $1,500 and $1,600 (not a
prediction). As I just said, I am not selling my gold because I expect much
h... more »
I would like to Thank Shaun for his very generous donation.
Gold and Silver rebound as expected/huge news on the silver fraud case against JPMorgan
Harvey Organ at Harvey Organ's - The Daily Gold and Silver Report - 11 hours ago
Good morning to you all from downtown San Francisco I do not have all of my tools here but I will do the best I can and get the data to you. Gold closed Friday at $1812.10 up a huge $33.60. Silver responded also in splendid fashion by rising $1.33 to $40.78. It certainly looks like Greece will not be bailed out even though the USA is trying desperately to encourage the ECB to leverage its
Sol Sanders | Follow the money No. 84 If …
09/17/2011 - 07:31
Bailout Rebellion in Germany Heats Up
09/16/2011 - 20:31
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