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Tara Parker-Pope
Sooner is better. - - As soon as you can is best.
http://www.telegraph.co.uk/finance/financialcrisis/
The many are losing the unequal struggle
The level of reward for 'top people' exposed by the crunch persists in the face of disaster, writes Charles Moore
29 Apr 2012| 1 CommentSpain's woes to deepen as it double-dips into recession
Spain is set to confirm that it fell back into recession in the first quarter, marking the beginning of what is expected to be another rocky week for the ailing eurozone economy.
29 Apr 2012| 30 CommentsHollande's 'Growth Bloc' spells end of German hegemony in Europe
For two years Germany has had its way in Europe, treating historic nations much as Bismarck treated Bavaria – sovereign only in name.
29 Apr 2012| 392 CommentsCould democracy derail the euro?
Like a tidal wave, the crisis that has overwhelmed southern Europe smashed into the northern core last week.
28 Apr 2012| 579 CommentsPain in Spain is continuing to rain down on its citizens
Sometimes the markets are shockingly complacent.
27 Apr 2012| 52 CommentsFrance and Germany clash over euro austerity pact
The growing gulf between France and Germany was underlined as the eurozone's two biggest economies clashed over tackling the debt crisis.
27 Apr 2012| 799 CommentsDebt crisis: as it happened, April 27, 2012
German Finance Minister Wolfgang Schaeuble warns S&P downgrade of Spanish debt makes a dire situation "even more critical" as US reveals growth cooled in the first quarter.
27 Apr 2012| 469 CommentsItaly tax crackdown brings in €6bn in four months
One hotel owner claims he simply 'forgot' to pay any tax.
27 Apr 2012| 197 CommentsSpain 'in huge crisis' as unemployment hits record levels
Spanish leaders warned that their country is mired in a "crisis of huge proportions" as the government reeled from the latest downgrade of its credit rating and was faced with record unemployment.
27 Apr 2012| 92 CommentsUS growth of 0.5pc disappoints economists
The US economy continued its steady rebound with growth in the first three months of the year of 0.5pc, but economists said the level of activity was mildly disappointing as it undershot expectations.
27 Apr 2012| 4 CommentsView the above with skepticism.Corporations are non sentient constructs.As such they are incapable of responsible action.In short they are sock puppets.Actions taken in their names are those of their executives.Corporations can have no politics and they are incapable of speech.Corporate income taxes are fiction and should have no place in law.Corporate actions are the actions of their executives.Financial liability is limited to ownership.Criminal liability must lie with the executives.This limits the actions of the directors.Advocating corporate income taxation demonstrates incompetence.http://agonist.org/steve_hynd/20120428/the_gop_has_become_an_insurgent_outlier_in_american_politics"The GOP has become an insurgent outlier in American politics."
From Think Progress. Two leading political scholars — representing the conservative American Enterprise Institute and the centrist Brookings Institution – have published a must-read article, "Let’s just say it: The Republicans are the problem."
We have been studying Washington politics and Congress for more than 40 years, and never have we seen them this dysfunctional. In our past writings, we have criticized both parties when we believed it was warranted. Today, however, we have no choice but to acknowledge that the core of the problem lies with the Republican Party.
They also note, accurately, that the Dems have become the centrist party of the status quo, which suits them just fine. Your mileage may differ.
The GOP has become an insurgent outlier in American politics. It is ideologically extreme; scornful of compromise; unmoved by conventional understanding of facts, evidence and science; and dismissive of the legitimacy of its political opposition.
They eat their young.
I think it is more at "Rats leaving a sinking ship".
http://www.telegraph.co.uk/finance/financialcrisis/Spain slides back into recession
Spain slipped back into recession in the first quarter of the year as the country's finance minister confirmed emergency plans to create a "bad bank".
30 Apr 2012| 30 CommentsEven George Osborne would shy from eurozone austerity
David Cameron has described the euro crisis as not yet even halfway through, a statement that may variously be regarded as either far too optimistic or, as the shadow chancellor Ed Balls sees it, a desperate attempt to blame the eurozone for Britain's own home grown economic malaise.
30 Apr 2012| 9 CommentsDebt crisis: as it happened, April 30, 2012
Germany maintains hardline stance on austerity, telling Spain it must not change direction, despite figures showing Spain officially fell back into recession in the first three months of the year.
30 Apr 2012| 399 CommentsEurozone bank lending slows despite ECB's cheap loans
Eurozone bank lending to the private sector rose more slowly than expected in March, despite the European Central Bank's injection of €1 trillion (£815bn) of cheap loans into the banking system.
30 Apr 2012| CommentEurozone inflation cools but remains headache for ECB
Inflation in the 17 countries that use the euro fell to an annual 2.6pc in April, but was still higher than analysts' expectations and presents a continuing headache for the European Central Bank.
30 Apr 2012| 1 CommentNo recovery in sight for jobs, warns ILO
Fiscal austerity and tough labour reforms have failed to create jobs, leading to an "alarming" situation in the global employment market that shows no sign of "recovery in the near future", the International Labour Organization said.
30 Apr 2012| 19 CommentsCameron says eurozone debt crisis has years to run
David Cameron said the eurozone debt crisis was less than halfway through and was partly to blame for Britain falling into a double-dip recession.
30 Apr 2012| 19 Comments"Soon even a tall man will be over his head".
Tuesday, May 1, 2012
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