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Euro bail-out in doubt as "hysteria" sweeps Germany
The Telegraph ^
| 8/28/2011
| Ambrose Evans-Pritchard
Posted on 08/28/2011 1:56:00 PM PDT by bruinbirdman
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To: bruinbirdman
"Hysteria is sweeping Germany " = German citizen no to bailouts.
Shocking.
2
posted on
08/28/2011 1:57:19 PM PDT
by
Palter
(Celebrate diversity .22, .223, .25, 9mm, .32 .357, 10mm, .44, .45, .500)
To: bruinbirdman
House of Cards
ashes, ashes....
3
posted on
08/28/2011 1:58:50 PM PDT
by
GeronL
(The Right to Life came before the Right to Happiness)
To: bruinbirdman
Why don’t the German taxpayers just shut up and carry the load of the deadbeats, just like we do in America?
4
posted on
08/28/2011 1:59:12 PM PDT
by
Leaning Right
(Why am I carrying this lantern? you ask. I am looking for the next Reagan.)
To: Palter
The elites do not like representative democracy much, which is why the EUSSR isn’t one.
5
posted on
08/28/2011 1:59:52 PM PDT
by
GeronL
(The Right to Life came before the Right to Happiness)
To: Palter
Sounds like Germany is full of those evil, racist Tea Party members.
6
posted on
08/28/2011 2:01:42 PM PDT
by
MarkeyD
(Obama is a victim of Affirmative Action)
To: Leaning Right
The Krauts are saying to themselves, “Why should we bail out those deadbeats?” Yeah, why should they? And why should WE?
7
posted on
08/28/2011 2:01:42 PM PDT
by
Signalman
To: Leaning Right
>"Why dont the German taxpayers just shut up and carry the load of the deadbeats"They tried that after WW I, the Treaty of Versailles, and it didn't go over too well.
8
posted on
08/28/2011 2:03:03 PM PDT
by
rawcatslyentist
(It is necessary that a person be born of a father who is a citizen; ~Vattel's Law of Nations)
To: bruinbirdman
Maybe Pooty-poot can bail them out to get East Germany back. That’d be funny.
9
posted on
08/28/2011 2:03:18 PM PDT
by
Paladin2
To: rawcatslyentist
Didn’t the Germans elect some kind of National Socialist, like 0bama, to sort their problems out?
10
posted on
08/28/2011 2:05:50 PM PDT
by
Paladin2
To: bruinbirdman
The seething discontent in Germany over Europe's debt crisis has spread to all the key institutions of the state. I can't say that I blame them.
11
posted on
08/28/2011 2:06:14 PM PDT
by
Mr Ramsbotham
(Laws against sodomy are honored in the breech.)
To: bruinbirdman
Maybe we should have a debt union with Germany ourselves?
12
posted on
08/28/2011 2:06:48 PM PDT
by
Paladin2
To: bruinbirdman
Apologies- I didn’t see your earliest post.
13
posted on
08/28/2011 2:07:31 PM PDT
by
Steelfish
(ui)
To: bruinbirdman
That point in Socialism that Margaret Thatcher pointed out, where you run out of other people’s money, seems to have been reached in Europe.
14
posted on
08/28/2011 2:11:32 PM PDT
by
RoadTest
(Organized religion is no substitute for the relationship the living God wants with you.)
To: Paladin2
First things first. They tanked the economy, then they elected their messiah, who actually fixed their economy.
Jug ears has it bass ackwards as usual.
15
posted on
08/28/2011 2:24:42 PM PDT
by
rawcatslyentist
(It is necessary that a person be born of a father who is a citizen; ~Vattel's Law of Nations)
To: RoadTest; kabar
“That point in Socialism that Margaret Thatcher pointed out, where you run out of other peoples money, seems to have been reached in Europe.”
And we are within a short distance of having reached it here. The time will come when normal standards of bond pricing will be applied to Treasuries. At that point rates for 10-year Treasuries, for example, will probably hit 7% to 8% at least.
It will be interesting to see how the political class and other taxeaters respond to a situation in which debt service starts moving toward $1 trillion/year and states and municipalities are forced out of the bond market because the rates are prohibitive..
By raising the debt ceiling, Boehner and the weak, Bush-like Rs may have fumbled away the last chance to force the government to become fiscally responsible, thereby giving us a chance to avoid a monstrous financial and social calamity. We shall see...
16
posted on
08/28/2011 2:29:28 PM PDT
by
achilles2000
("I'll agree to save the whales as long as we can deport the liberals")
To: rawcatslyentist
then they elected their messiah, who actually fixed their economyThat myth ranks right up there with "FDR got us out of the Depression." Hitler put everyone to work (much like FDR), but he consumed every pfennig of capital in the country to do it.
His policies ate the guts out of the Germans' wealth to keep his war machine going. That was not economic growth, it was pure Keynesianism (who rather admired Hitler) on steroids.
17
posted on
08/28/2011 2:31:37 PM PDT
by
BfloGuy
(In old fashioned language, Keynes proposed cheating the workers.)
To: bruinbirdman
So they’ll try to get US taxpayers to bail out the ECB. And has any Pubbie presidential candidate taken a stand on any future bailout of the ECB? Inquiring minds want to know....
18
posted on
08/28/2011 2:33:37 PM PDT
by
mewzilla
(Forget a third party. We need a second one.)
To: mewzilla
Gold Man Sacks seems to p0wn the gov’t.
19
posted on
08/28/2011 2:44:03 PM PDT
by
Paladin2
To: bruinbirdman
20
posted on
08/28/2011 2:51:49 PM PDT
by
blam
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