Comments on: MERKEL, HOLLANDE READY TO DO ANYTHING TO PROTECT EURO

By: Save America

Save America — Tue, 31 Jul 2012 03:31:20 +0000

Warren, the UK is going to do a reverse jobs gauranee! LOL! You will be forced to work a useless job to continue to receive food and shelter.

http://www.guardian.co.uk/society/2012/jul/29/long-term-unemployed-unpaid-work

During the case last month the court heard that Jamieson Wilson, from the Midlands, was expected to wash and clean furniture for an unnamed organisation for six months unpaid.

After refusing to take part in the “exploitative” scheme, Wilson, who trained and worked as a mechanical engineer and an HGV driver and has been unemployed since 2008, was stripped of his benefits and was now “relying on family and friends” to survive.

A decision in the case, which could affect the outcome of all mandatory work schemes, labelled by employment campaigners as “workfare”, is expected before 10 August.

By: roger erickson

roger erickson — Mon, 30 Jul 2012 17:42:06 +0000

@FIN, How about "plenty who know only to ignore it and keep the majority [including themselves] in ignorance .."

By: pebird

pebird — Mon, 30 Jul 2012 16:15:01 +0000

@FIn, You don't need very many to deliberately screw up a perfectly good system. Ignorance and/or misguided decisions will do just fine.

By: FIN

FIN — Mon, 30 Jul 2012 12:37:26 +0000

@Walid M, i seriously doubt that.

By: Walid M

Walid M — Mon, 30 Jul 2012 10:26:05 +0000

@FIn, there are few like Warren who know how it works and how to fix it for the majority ..but plenty who know how to abuse it and keep the majority in ignorance ..

By: Ed Rombach

Ed Rombach — Sun, 29 Jul 2012 23:20:36 +0000

@sdvan, "The last place prize for prk athletes is a lead medal worn through the heart." Sounds like a stiff undertaking.

By: sdvan

sdvan — Sun, 29 Jul 2012 21:38:09 +0000

Walid, g Edward griffin just told me some Olympic humor. In 1912 gold medals were solid gold. Then in 1913 the creature from Jekyll island jumped into an Olympic sized swimming pool and gold medals were never solid gold again. Today the few grams of gold in an Olympic gold medal wouldn’t buy enough to gas up the zdvan and 1 London dinner with merkel. Much less the parking fines. The bright side
The last place prize for prk athletes is a lead medal worn through the heart.

By: FIn

FIn — Sun, 29 Jul 2012 18:01:15 +0000

@Walid M, I don't think there are a few who know how the system works let alone know how to corrupt it. Let's not be overly dramatic.

By: Walid M

Walid M — Sat, 28 Jul 2012 17:44:00 +0000

@WARREN MOSLER,
MMT at first was most instructive on fiat currency economics …now all I can see through MMT eyes is the total corruption of the fiat system by a few for the few …I am somewhat sympathetic to Randy Wray’ s recent ‘rants’ .

By: FerdinandAlx

FerdinandAlx — Sat, 28 Jul 2012 12:47:32 +0000

The Euro seems to be driven by carry trade mechanics which project greater interest rate differentials into the future vis-a-vis other currency pairs. A weaker Euro balanced out by inflows from increased exports seems like a more likely scenario.