U.S. Federal Reserve Chairman Ben Bernanke has reached out to Europe in what is being mischaracterized across America as just another European bailout. Bernanke realizes the U.S. Congress would never allow the Federal Reserve to put the U.S. Economy at further risk by directly bailing out the European Socialists, in which we are already exposed [...]
Tag: "EU bailouts"
When: Thursday, December 1st, 10pm Eastern/7pm Pacific Where:Streaming Internet Radio What: Join independent political commentators Michelle Ray and Rich Mitchell as they discuss the issues impacting Americans. Tonight: To vet.. or..? The Fed’s lastest bailout, and special guest Guest: Chris Ashworth, of HBO’s “The Wire” fame Show Recording: [mp3player width=300 height=75 config=fmp_jw_widget_config.xml file=http://media2.conservativedailynews.com/shows/mitchell-and-ray/show_12-1-11-2.mp3] and .. the non-flash, iGadget-friendly version: [...]
Top Judge Puts the Brakes on Merkel’s EU Bailout Scheme/EFSF Expansion The EU plutocracy started coming apart at the seems back in September of this year, as Germany’s top Judge, Andreas Vosskuhle, head of the constitutional court, said politicians do not have the legal authority to sign away the birthright of the German people without [...]
Who are “The PIIGS” The PIIGS (Portugal, Ireland, Italy, Greece and Spain) have been in the news, but the econo-geek phrases being thrown around sometimes make it difficult to know why anyone in the U.S.A should care what happens if Greece, Italy or anyone in the Eurozone goes under. It matters – greatly. The entire [...]
French President Nicolas Sarkozy placed a phone call to China’s President Hu Jintao after European leaders reached another last-minute deal to increase bailout funding in an attempt to tackle the regions worst debt crisis in over two decades. Apparently, Sarkozy’s pleas for China to contribute upwards of $100 billion (U.S.) to the EU bailout fund [...]