Category Archives: Euro Zone

Standard & Poor’s downgrades 9 European nations

By JOSH BOAK | 1/13/12 5:42 PM EST The Standard & Poor’s rating agency downgraded nine European countries Friday, confirming that the continent’s efforts to contain a debt crisis that also threatens the fragile U.S. recovery have come up short. What began as excessive debts in countries such as Greece steadily evolved into concerns about [...]

Posted in Euro Zone, Solid Principles | Tagged as: , , , ,

European banks see debt threat in U.S. as well as at home

  The deadlock in Washington over how to avoid a government default increasingly threatens to strike another blow to Europe’s ailing financial system because of the tremendous sum of Treasury bonds and other U.S. debt held by banks across the Atlantic. If the United States defaults and its top-notch credit rating is downgraded, European banks [...]

Posted in Bond Markets, Deficit Spending, Euro Zone, Greece, Overseas Markets, Solid Principles | Tagged as: , , , , , | Leave a comment

Is Obama More Concerned Over Greece’s Debt Than America?

Greece Protesters Debt Riots 2010 President Barack Obama on Tuesday urged European countries and bondholders to prevent a “disastrous” default by Greece and pledged U.S. support to help tackle the country’s debt crisis. Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one [...]

Posted in Barack Obama, Bond Markets, Double Standards, Economy, Euro Zone, The Right Think The Left Live in Denial | Tagged as: , , , , , | Leave a comment

FURIOUS BIN LADEN SUPPORTERS VOW TO TAKE REVENGE

 By Brendan Abbot HUNDREDS of Osama bin Laden supporters clashed with English Defence League extremists today as a “funeral service” for the assassinated terror leader sparked fury outside London’s US Embassy Police stepped in to separate the chanting groups amid threats of violence from both sides. US leaders were branded “murderers” by radicals, who warned [...]

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The Obama Doctrine: Leading from Behind

A foreign policy of hesitation, delay, and indecision.  Obama may be moving toward something resembling a doctrine. One of his advisers described the president’s actions in Libya as “leading from behind.”  — Ryan Lizza, The New Yorker, May 2 issue To be precise, leading from behind is a style, not a doctrine. Doctrines involve ideas, [...]

Posted in Afghanistan, Barack Obama, Charles Krauthammer, China, Euro Zone, Foreign Policy, National Defense, NRO, Solid Principles | Tagged as: , , , , , , , , , , , , | Leave a comment

Moody’s Downgrades Ireland

By MARK BROWN And MARTIN VAUGHAN LONDON—Moody’s Investors Service Inc. downgraded Ireland’s government debt by two notches Friday, taking the country to the brink of junk status, and kept its outlook negative. The agency, cutting Ireland’s bond ratings to Baa3, one notch above junk, from Baa1, said it was responding to a likely deterioration in [...]

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Wall Street Grows World Wary…DOW down 207 pts.

  MARKET WATCH U.S. stocks drop Tuesday, as fears of higher interest rates in China and the potential for a new round of bailouts in the European Union fuel unease over the global economy. U.S. economic data also factor in. Recommend on Facebook Share on Linkedin Share with Stumblers Tweet about it Tell a friend

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Canary in the Coalmine: Europe’s “Decoy Jews”

THE BRUSSELS JOURNAL “Decoy Jew” is a new phrase in the Netherlands. Jews are no longer safe in major Dutch cities such as Amsterdam. Since 1999, Jewish organizations in the Netherlands have been complaining that Jews who walk the Dutch streets wearing skullcaps risk verbal and physical attacks by young Muslims. Being insulted, spat at [...]

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Democrat Pollster Pat Caddell Says A “Tidal Wave” Election Is Coming

I have been predicting for the past 18 months that the cosmically incompetent Obama administration has so scared and infuriated the vast majority of American voters that his corrupt and profligate Democrat Party will be swept from office this November in numbers that will shock the leaders of that failed party. Pat Caddell has been [...]

Posted in 2010 Elections, Caucuses & Primaries, Congress, Conservatism, Democrats, Euro Zone, Fascism, Health Care, Missouri, Polls, Solid Principles, Take Back Congress, YouTube | Tagged as: , , , , , , , , , , , | Leave a comment

Mitt Romney Discusses North American Union

I don’t know how many of our readers have been following the little known controversy referred to as the North American Union. This is the stuff of conspiracy theorists and it is so fantastic that I can see how reasonable and intelligent men and women could easily laugh the whole thing off. The reason I [...]

Posted in Border Law Enforcement, Business, Euro Zone, Foreign Policy, Illegal Immigration, Mexico, Mitt Romney, National Defense, Solid Principles, YouTube | Tagged as: , , , , , , , , , | 2 Comments