Tag Archives: Bailout

IMF Says Another Greek Bailout Necessary

Just six short months ago (before GGBs rallied 119% and the Athens Stock Index 53%), the EU and IMF agreed on Greek Debt/GDP targets, pronounced the nation “fixed”, and went on winter vacation. Well, surprise, the hockey-stick of expected GDP has … Continue reading

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Bailout Closing: Cyprus & lenders agree on taxing deposits

From YouTube: Cyprus and international lenders have managed to strike a long-awaited agreement on taxing bank deposits of over 100-thousand euros held with the country’s biggest bank. Customers who keep large sums of money in other banks will also be … Continue reading

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GM CEO HEADS TO CAPITOL HILL AS BAILOUT SETTLEMENT TALKS FALL APART

General Motors CEO Daniel Akerson plans to roll up to Capitol Hill Thursday in a flashy new Corvette Stingray less than 24 hours after settlement talks fell apart in a lawsuit that could cost GM at least $1 billion–and add … Continue reading

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A Nazi Greeting in Greece for Angela Merkel

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Moron in Chief

From Zerohedge.com A 40% loss of post-IPO market-cap, channel-stuffing largesse, contract-law destruction, and all with tax-payer backing. That is what the Bailout’er-in-chief has in mind for every manufacturing company in the US. As Politico reports this evening, President Obama gave a speech we … Continue reading

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Spain inches closer to seeking sovereign bailout

Spain inched closer to seeking a sovereign bailout on Friday as Prime Minister Mariano Rajoy opened the door to a request, although he said he needed first to know the attached conditions as well as the form the rescue would … Continue reading

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The Genius of Mutual Indebtedness – Nigel Farage

Transcript: “Another one bites the dust. Country number four, Spain, gets bailed out and we all of course know that it won’t be the last. Though I wondered over the weekend whether perhaps I was missing something, because when the … Continue reading

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The Evolution of War

See additional comments on Tea Party Nation. The end result in a war is the looting of the losing country or countries resources. In earlier history, the people would be enslaved, relocated and/or killed as part of the plunder. As … Continue reading

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US backs new IMF loan to Greece: Geithner

US Treasury Secretary Timothy Geithner on Sunday threw Washington’s support behind the new austerity measures agreed by Greece and said the US backed the idea of a new IMF loan for Athens. “We welcome the program of economic reforms agreed … Continue reading

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Japan Will Help Bailout the European Union – Is Anyone Asking How?

Japan is preparing to “lend” money to the International Monetary Fund (IMF) to help bailout the European Union. With want? The full faith and credit of Japan? Japan’s debt to GDP ratio is over 200%. Their economy was in shambles … Continue reading

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The 2nd amendment – European Style

If you don’t know what a CDS is or who is running the ISDA, you are probably vested (or somewhat vested) in the stock market. Although the media is not giving a real analysis of what happened concerning the Greek … Continue reading

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How Much Will An IMF Bailout Cost the United States?

The International Monetary Fund is broke and needs a bailout of $1.4 trillion. Since the United States is a member of the One World Order cartel composed of the Federal Reserve, IMF and World Bank, we have to pay our … Continue reading

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Europe Rejects Geithner’s Printing Press Solution

Tim Geithner’s latest trip to Europe to implement a “printing press solution” to their financial problems has been rejected. Germany (throught the ECB) has decided to maintain their sovereignty and follow a sound monetary policy that will ensure their country’s and … Continue reading

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This Time It’s Different

http://www.youtube.com/watch?v=oYl-uL3QhZc”>httpv://www.youtube.com/watch?v=oYl-uL3QhZc

Benjamin Franklin was asked what kind of government the fledging country would become after the Articles of Confederation were replaced. He replied “A republic, if you can keep it”. Are we now repeating history? Timothy Geithner is in Poland at … Continue reading

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European TARP Financed by the Federal Reserve

Peter Orszag, a vice chairman at Citigroup made the following statement today: It is very strongly in our interests, and by that I mean U.S. interests, to avoid having Europe, in particular its banking system, collapse, especially when the U.S. … Continue reading

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