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1 posted on 07/19/2011 10:05:41 PM PDT by bruinbirdman
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To: bruinbirdman

What a fiasco. I don’t envy Merkel.


2 posted on 07/19/2011 10:19:48 PM PDT by newzjunkey (Coburn is a traitor. Obama loves the Gang of Six.)
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To: bruinbirdman
"Jens Weidmann, the Bundesbank's president, has made her task that much harder by telling the eurosceptic Bild Zeitung that "nothing would destroy the incentives for a solid budget policy more quickly and more permanently than joint liability for national debts. European and especially German taxpayers would have to answer for the entire state debt of Greece. That would be a step toward a transfer union."

Just think of "joint liability" for state debts. Stimulus 3 is coming.

3 posted on 07/19/2011 10:45:04 PM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: bruinbirdman

If she is paying for the greeks she is toast.


5 posted on 07/20/2011 7:33:40 PM PDT by European Guest (De omnibus dubitandum)
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