Degrade This: Wall Street’s Ratings Agencies Undermine Europe’s Attempt at Recovery Acting Like Financial Terrorists by Danny Schechter We live in an increasingly degraded country. Our politics are degraded and a laughing stock to the word. Our military is demoralized and degraded with soldiers urinating on dead civilians and awaiting deployment orders for the next illegal [...]
Tags: Angela Merkel, Atlantic, Austria, Bear Stearns, European Central Bank, European sovereign debt crisis of 2010–present, France, François Baroin, Goldman Sachs, Standard & Poor, United States
Posted in US economy, US Foreign Policy, US Politics, voodoo rhythm economics | No Comments »
G8 pledges billions for Arab Spring as IMF recognizes Libya Published Sunday 11/09/2011 (updated) 11/09/2011 16:48 International Monetary Fund managing director Christine Lagarde arrives for a meeting of the G7 Finance ministers and “Deauville Partnership” in Marseille, southern France. [AFP/Gerard Julien] MARSEILLE, France (AFP) — Arab states that ousted their dictators got a financial [...]
Tags: Arab Monetary Fund, Christine Lagarde, France, François Baroin, G8, International Monetary Fund, Libya, Muammar al-Gaddafi, United Arab Emirates
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French president Nicolas Sarkozy must convince financial markets that he can meet his fiscal targets. Photograph: Eric Feferberg/AFP/Getty Images The French economy failed to grow in the last quarter as households across the country cut their spending, in the latest sign that the European economy is stumbling. Data released by Eurostat, the region’s statistics body, [...]
Tags: BNP Paribas, Economic growth, Economy of France, European Central Bank, France, François Baroin, Gross domestic product, Nicolas Sarkozy
Posted in Debt Crisis, Debt sham, Democracy, economic measures, Economics, Economy | No Comments »
