Daily Archives: May 6, 2010 @ 8:43 am (Thursday)

Fighting back against the move to slash Social Security

Social Security is not being attacked on its merits. Therefore the bleeding heart arguments will not prevail. The protagonists believe the problem is that the federal government is on the road to financial ruin, and not merits of Social Security … Continue reading

Posted in Government Spending | Tagged , , , |

rotten to the core

Here we go, and this is without additional austerity measures already in progress from the euro zone and other economies: Germany to Lose $61 Billion in Tax Revenue by 2014, Bild Says By Tony Czuczka May 6 (Bloomberg) — Tax … Continue reading

Posted in ECB, EU | Tagged |

ECB meeting preview / ECB intervention?

In case you had not seen this. If the ECB bought Greek bonds in the secondary market and issued an ECB bond as suggested below, that could be a reasonable solution out of this mess? They don’t need to issue … Continue reading

Posted in ECB, EU | Tagged , |