US to Bailout EU
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Posted on 12/01/2010 11:14:30 AM PST by Lazlo in PA
The United States would be ready to support the extension of the European Financial Stability Facility via an extra commitment of money from the International Monetary Fund, a U.S. official told Reuters on Wednesday.
"There are a lot of people talking about that. I think the European Commission has talked about that," said the U.S. official, commenting on enlarging the 750 billion euro ($980 billion) EU/IMF European stability fund. "It is up to the Europeans. We will certainly support using the IMF in these circumstances."
(Excerpt) Read more at cnbc.com ...
Keep paying your taxes...the freeloading world needs you..
2011 will be ugly.
This is more of the... news... Frontpage and/or Breaking news variety...
just so you know :)
This is so effing stupid that I have steam coming out of my ears.
These fools. This will never work. It has never worked.
Yeah, hot off the printing press & worth about half what it says on the paper, so figure we would only be lending half a trillion instead of one, right?
We are past what the taxpayers can do. I wonder what our credit limit with the Red Chinamen is these days.
Yeah. I know. After I posted I remembered I went to my default posting mode of hitting chat. Usually don’t find breaking news.
Obama and Pelosi are willing to give our money to anyone in the world, from the UAW, ACORN, and GM, to the Palestinian terrorists, the EU, North Korea, and Russia. As long as we can’t keep our own money, they are happy. Obama disgusts me.
the oligarchy is feeling a little too comfy.....
It’s a dupe...
Of course, we are being "led" by a guy who just a few years before being elected, didn't have a credit card with enough room to buy an airplane ticket. That guy is now in charge of a $14T economy.
Gotta get it done before January.
US to Bailout EU
It is the bailout of Euro banks. Which are connected to our banks. In other words, the great TBTF banks are robbing us blind!!!!!!!!
I will NEVER do banking with BofA, Wells, Citi, GMAC/Ally or any of the other top 6 banks. They are NOT free market capitalists, they are government controlled, corrupt enterprises. I hope their mortgage defaults go through the roof!!!!!
If this is really true and it happens, the Capitol should be burned down to the ground.
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