Tag Archives: european union

E.U. Chain of Custody

May 12, 2010   bailout, Economy, Foreign, Stimulus

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The busy beaver U.S. Treasury is consulting on the side. It advised the European Union on the benefits of bailouts. Here’s the NY Times story. And here’s a link to George Will on the chain of fools. He says, “Bailing out Greece really rescues European banks that improvidently bought Greek bonds”.

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Greek Bail Out

May 6, 2010   bailout, Economy, Foreign, Symbols, Uncle Sam

100504bokloresUnfortunately, the real Greek Chorus, public union workers in the streets of Athens, sang a different tune – Burn Down The Banks! To that end they sacrificed 3 lives. A small price to pay to preserve a way of life that includes a 2 month pay bonus every year and a full salary pension pension at 60. Go here for more Greek geek from David Ignatius.

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