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Topics: Who are the global warming deniers? Greece financial crisis. Irish are 10 billion euros in the red due to fall in tax revenue, now want to be sharia-compliant financial center of Europe (you read that right.) Syria barbarity. Western-backed barbarity in Libya, Ivory Coast. Murder of Syed Shahzad, Asia Times journo, in Pakistan. [...] Greece may default, Ireland can’t sell more debt, Spain may fess up to hiding debt. Norway has frozen loans to Greece. Protests against banks are spreading. The banksters may no longer be able to force countries to pay for bonds that banks knew were dicey and never should have bought in the first place. [...] In the wake of the collapse of the Irish government, finance minister Brian Lenihan suspended capital injections for Allied Irish Bank, the Bank of Ireland, and EBS Building society until elections are held on February 25. Fine Gael leader Enda Kenny said Anglo Irish Bank will not get another cent if his party is elected. [...] Bloomberg states the obvious Unlike other nations, including the U.S. and Ireland, which injected billions of dollars of capital into their financial institutions to keep them afloat, Iceland placed its biggest lenders in receivership. It chose not to protect creditors of the country’s banks, whose assets had ballooned to $209 billion, 11 times gross [...] In a fitting tribute to a disgraceful performance by Irish Prime Minister Brian Cowen in which Cowen crammed losses of Irish banks down the throats of taxpayers, his government has at long last collapsed. Six cabinet members (40%) resigned representing justice, health, trade and enterprise, defense and transport. Earlier in the week his foreign minister [...] An expat Irishman unloads on the thuggish, greedhead banksters and corruption that cratered his country’s economy. Definitely NSFW! Click to listen on BlogTalkRadio From the discussion: Maybe we should call what Wikileaks is doing ’4G protest’ rather than ’4G warfare’, because it’s not warfare and saying it is could provoke governments into over-reacting (not that they’d need much help doing this.) Maybe Wikileaks is something new, a digital form of protest, and [...] The Democratic Party might want to tip their toe into the dangerous experiment of having a spine too, as the Irish opposition is doing. As foreign and bizarre as it might seem to Democrats, taking a stand and meaning it can be a bracing experience and lead to increased self-respect as well as respect from others [...] Suddenly there is major news everywhere. The European debt crisis is growing. Portugal and Spain are next. The banksters are trying to force countries to make good on private loans and bond purchases that should never have been made. They don’t care if they destroy countries. But Europeans and Brits has a long history [...] They are stealing from pensioners to pay short-term debt owed to banksters who knowingly made risky private loans. This is corruption. No other word applies. Don’t be surprised when Geithener tries to grab 401(k) pensions here. Oh, the Irish made sure that senior bondholders got paid back at 100% on the dollar even if that [...] |  | ||||
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