Yes, again. And they'll keep 'running out of money' as long as Europe keeps bailing them out.
CASH-STRAPPED Greece will run out of money NEXT month, if it doesnt receive another emergency bailout, its Prime Moocher Minister warned today. Antonis Samaras said the till will be empty by November, adding it was very difficult to make any further cuts to pensions and wages.
Asked how long his homeland could last without another injection of funds, Mr Samaras said: Until the end of November. Then the till will be empty. The existing cuts already go to the bone. We are at the limit of what we can expect of our population.
Officials from three global financial bodies are currently in the country researching whether enough has been done to qualify for extra aid. And, if their report doesnt back another 31billion euro (£24.9billion) pay-out, Greece could be forced to default on its debts and leave the euro.
Its unclear when a decision will come.
Oh, maybe right as the next tranche is due...
Greece has been relying on hand-outs since May 2010 as it struggles to pay off a mountain of debts. In return it has had to impose a raft of supposed austerity measures, slashing incomes, hiking taxes and raising retirement ages.
The conservative Samaras leads a three-party coalition government formed after two elections earlier this year. He said: People know that this government means Greeces last chance.
We will make it. If we fail, chaos awaits us.
Germanys Chancellor Angela Merkel is to visit Greece next week as Athens tries to persuade creditors it deserves another bailout.
Posted by: Steve White ||
10/08/2012 00:00 ||
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#3
Perhaps the Greeks could issue bonds for sale to the World Bank, who could then bundle them as derivatives and have our Federal Reserve step in to assume the paper in an open-ended QE move. At that point, heavily regulated US Banks or 401k funds could be forced to purchase the paper.
#5
Antonis Samaras said the "till will be empty" by November, adding it was "very difficult" to make any further cuts to pensions and wages.
Hmmm...if you run out of money, there's a one hundred percent cut of pensions and wages. After skipping a couple paydays, I suspect the recipients will be happy with something less than one hundred percent, but greater than nothing.
n a major foreign policy speech Monday Mitt Romney will attempt to portray himself as a leader firmly in the peace-through-strength tradition of Harry Truman and Ronald Reagan, while casting President Barack Obama as an ineffective leader on a dangerous and constantly-evolving world stage.
Romney will deliver a 30-minute address, titled "The Mantle of Leadership," later Monday at the Virginia Military Institute, his 10th address on the topic of foreign policy since summer 2011.
The former Massachusetts governor's speech, like the others before it, will focus on a vision of peace through strength. It will include new details on how Romney would address current global hotspots and repeat regular stump speech staples -- such as the importance of averting planned defense cuts, expanding and reinvesting in the U.S. military and working closely with allies abroad, especially Israel.
In prepared remarks released Sunday to reporters, Romney laid out global issues where his campaign hopes to draw "great contrast" with Obama -- notably on Libya, Syria and Egypt.
The speech links the attack on the American consulate in Benghazi last month to al-Qaida, a position Romney has rarely engaged in on the campaign trail. Romney calls the attack "likely the work of the same forces that attacked our homeland on September 11th, 2001," and "the deliberate work of terrorists." The attack was not, he says, a spontaneous response to a movie trailer maligning the Muslim Prophet Mohammad, as the Obama administration initially said.
Romney's remarks also attempt to stake out a more activist public position than President Obama on supporting the rebels in Syria's civil war. Romney plans to say that he believes in working with partner nations to arm rebels fighting the government of Syrian President Bashir al-Assad.
He would equip the rebels -- "who share our values" -- with heavy weapons to take out "tanks, helicopters and fighter jets," according to the remarks. Hey man! where can I get some of that sh*t Romney is smoking?
The Obama administration has refrained from doing so out of concern that the weapons would end up in terrorist hands, according to The New York Times.
Romney will also argue that the U.S. must support the rebels to develop influence and good relations with the Syria's future leaders.
As he did at the Clinton Global Initiative last month, Romney will argue that U.S. aid to Egypt should be linked with promises from Egyptian leaders to uphold the 1979 peace treaty with Israel and to protect minorities, including the country's Coptic Christians.
#5
"...walking the power lines by where I live and it's hooked into wind farms. Before that they had a listening post set up out where I live and got into everyone's personal stuff watched it firsthand (short wave etc)! Any way the CIA..."
A tin foil hat would fix that fer ya!
Posted by: Unang Omeans6347 ||
10/08/2012 7:47 Comments ||
Top||
#7
It's not clear to me whether Angiting Snore1647 needs to double his dose or halve it.
Posted by: Steve White ||
10/08/2012 8:11 Comments ||
Top||
#8
Since he posted that exact same screed three times around the Burg, I have deleted two of them. I may yet delete the third as a matter of principle.
#11
Politicians have a thing about OPM, be it other peoples' money, or other people's mess...
Posted by: M. Murcek ||
10/08/2012 9:59 Comments ||
Top||
#12
Damn it, Mitt, can't we just stay out of Syria?
Posted by: Abu Uluque ||
10/08/2012 10:15 Comments ||
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#13
Being as we don't have an identifiable budget or foreign policy at the present, I'll listen to Romney's foreign policy speech with interest.
Presently, the forces in Syria are grinding each other down. One downside that might occur would be that islamics will take over. Another might be that Russia will continues to back Assad and help crush the rebels since they stand to gain from continuing the existing cozy relationship. Turkey has a border dispute with Syria. Romney might want to think over the options and extended consequences of each very carefully. I wonder who Romney's military and foreign affairs advisers are? I like Romney's stance of a strong military.
#14
Note that this is NBC News trying to give Romneys speech before Romney does. Best wait for him and his speech before commenting on any policies as put forward by NBC.
#15
One area in which Mittens is a clear improvement.
Not sure I agree with other comments on staying out of Syria. Might be an angle where we just let the entire region cannibalize itself for a couple of generations.
#17
Seeing the Syria intervention intention gives the same initial cold shiver as reading that McCain had chosen Palin as his running mate.
In both cases, not necessarily the wrong choice logically, but likely disaster for election prospects...
(In the case of Syria, also probably the wrong choice logically. NOT a good idea to support that now. It's another Iraq/Afghanistan, and he'll look like a sure-fire warmonger.)
"Iran is sending arms to Assad because they know his downfall would be a strategic defeat for them," Mr Romney said in a speech in Virginia. "We should be working no less vigorously through our international partners to support the many Syrians who would deliver that defeat to Iran rather than sitting on the sidelines."
The former Massachusetts governor did not, however, specify which rebel factions should be armed, nor if the US should arm them directly or facilitate supply by allies. Diverging from prepared remarks, he said the US should work "through" its global partners, rather than "with".
#21
The NYT's editorial is just another hit piece on Romney. One more reason to not waste money on the NYTs. The LSM keeps on carrying water for "O" despite a failed presidency.
* TOPIX > TURKEY INFILTRATING [investing] IN NATIVE AMERICAN TRIBES, AND MAY GET CONGRESSIONAL HELP FOR SPECIAL RIGHTS.
* RELATED SAME > STUNNER: TURKISH ISLAMISTS SELECT NEW TARGET IN NATIVE AMERICAN TRIBES, + "SEE NO EVIL" US HOUSE BILL MAY FACILITATE THE EFFECT.
ARTIC > Turkish companies being used for alleged covert prosletyzing of Radical Islamism to US AmeriIndians.
FUTURE SITTING BULL, CRAZY HORSE, etal. WANNABES TO WEAR ISLAMIC BURQUAS UNDERNEATH THEIR WAR BONNETS???
'Tis going to be interesting to explain how Little Big Horn survivor TONKA = COMMANCHE'S descendants became Camels, + no longer Hosses.
Can't blame the Genetics Boyz on this one.
[An Nahar] President Barack Obama In case you missed it, this week, there was a tragedy in Kansas. Ten thousand people died -- an entire town destroyed... has stashed $181 million into his re-election account to cheer supporters after his limp debate performance, but several polls show movement towards Republican Willard Mitt Romney ...former governor of Massachussetts, currently the Publican nominee for president. He is the son of the former governor of Michigan, George Romney, who himself ran for president after saving American Motors from failure, though not permanently. Romney has a record as a successful businessman, heading Bain Capital, and he rescued the 2002 Winter Olympics from the midst of bribery and mismanagement scandals. More to the point, he isn't President B.O...
Obama's camp Saturday announced its biggest monthly haul of the 2012 race with its September fund-raising figures, a day after supporters got another fillip with news that the U.S. unemployment rate dipped below eight percent.
It is said his campaign has turned off credit card identification again, as was done in 2008, which would explain the sudden non-reluctance of his many new donors.
Makes it a lot easier to donate using a pre-paid credit card from overseas. Easier for an American to buy a bunch of pre-paid credit cards and donate to circumvent limits, or to maintain anonymity.
Yet there were signs that Republican Romney's confident debate joust with the president was softening support for Obama in the battleground states that will decide who will control the White House for the next four years. In Gallup's daily poll, Romney cut the president's lead from 49 to 46 percent, and other national polls and state surveys showed movement to the Republican, who appeared before 6,000 people in Florida Saturday.
It does no good to have lots of money if the voters choose to be uninterested. Except, of course, that the retired politician can keep whatever is in the kitty by way of a retirement fund.
It will be the middle of the coming week until Wednesday's debate and Friday's Labor Department data, which showed the tumble in the unemployment rate to 7.8 percent, are fully factored into state of the race polls.
The reporter buys all that and sends it on, ignoring the analysis that shows that unemployment as measured by other indicators didn't budge...
The president, whimperingmewlingcryingwringing his handsshaking his tiny fists recuperating after his debate mauling from Romney in Denver on Wednesday night, took time out Saturday to wine and dine his wife Michelle in a belated celebration of their 20th wedding anniversary.
"Happy anniversary honey! Next year we can celebrate in Hawaii!"
Posted by: Fred ||
10/08/2012 00:00 ||
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#1
Dont let the Libya episode die in the mud keep pushing it the so called chink in the armour of lies, deceit and greed! Before they threw the Presidential chair party in 2009 I caught a person in full Muslim dress walking the power lines by where I live and its hooked into wind farms. Before that they had a listening post set up out where I live and got into everyones personal stuff watched it firsthand (short wave etc)! Any way the CIA have done tons of testing into altering sound in magnetic fields from analog to digital etc and they have somehow managed to brain wash the networks and themselves with their hearts and minds crap why do you think they handle all the Muslim crap with kid gloves like the shooter that gunned all those people down ! The chair, Obama the fake President and their control over the Media check into psyop unit that was at the networks and the shooting at Fort Bragg probably part of their in country operation! They have screwed themselves ! Libya will undo all of their lies and crap keep pushing it! False flag ops are really happening in country except they have even screwed themselves this time! There are articles and scientific documentation about the magnetic fields and altering signal in them scientific from the CIA on the internet, green movement Iran and green movement here both a useless lie!
#3
Currently, donors can donate small amounts without any reporting--they can do it multiple times. There is little control over encouraging and accepting foreign donations. It is illegal but there are no controls or oversight. George Clooney could be breaking election laws by hustling money in Europe. The Government Accountability Institute has looked into this and issued a report: Full report at link
#4
My liberal family & friends say that Obama should be allowed to receive contributions from foreign donors - that the whole world has a stake in what the US does and should have some way to influence it. (We are 'citizens of the world', not of the United States, or, since 1865, of an individual state.)
#6
It was the abysmal actions of those foreigners who dragged a reluctant and isolationist America on to the world stage at great cost in lives and resources. Had they taken care of business themselves, there would be no excuse for such whining afterward. They still won't take responsibility for what they created by their own actions.
#7
Glenmore, as those same people what they would think if George W Bush was getting overseas cash for his campaign. If they say yes you'll know they are lying.
For you folks who may be involved in paranormal research, on Tuesday, November 6, 2012, if you go to Chicago, IL, USA, you will be able to see a truly striking phenomena. Beginning
about 9:00 AM local time, you will see thousands and thousands rise from the grave, head
to the nearest polling place to cast their vote for the Democratic candidates.
#9
http://www.theblaze.com/stories/unfair-obama-supporters-explain-why-teleprompters-should-be-allowed-during-debates/ ANY QUESTIONS CHILDREN OF THE GHOUL SPORE!
[France24] US President Barack Obama's On this Memorial Day, as our nation honors its unbroken line of fallen heroes -- and I see many of them in the audience here today... campaign intensified attacks Sunday on Willard Mitt Romney ...former governor of Massachussetts, currently the Publican nominee for president. He is the son of the former governor of Michigan, George Romney, who himself ran for president after saving American Motors from failure, though not permanently. Romney has a record as a successful businessman, heading Bain Capital, and he rescued the 2002 Winter Olympics from the midst of bribery and mismanagement scandals. More to the point, he isn't President B.O... 's honesty as it tried to halt the Republican challenger's momentum after a strong first debate performance.
Romney's people hit back, and did so sarcastically, depicting Obama's people as childish sore losers after he came across as flat, nervous and unassertive during their first face-to-face encounter in Denver, Colorado.
Indeed. One would feel for them, had they not hitched their wagon to such a spavined, sway backed, broken down jackass, which they have insisted for five years was a thoroughbred Arabian in prime racing condition.
As both sides gear up for a debate this week between the vice presidential candidates, the race for the November 6 election has degenerated into a testy back-and-forth over who advocates what and how the other side spins it.
Romney's ideas for rejuvenating a listless economy by getting more money into consumers' wallets and purses include a package of tax cuts that the Obama side says, citing a non-partisan think tank, would amount to $5 trillion over the next 10 years.
At the debate, Obama mentioned the package several times, and that big number. Romney essentially said he did not know what the president was talking about, and insisted any tax cuts he enacted would be offset by closing tax loopholes and ending deductions, so the effect on the deficit would be nil.
Posted by: Fred ||
10/08/2012 00:00 ||
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#1
As soon a people saw Romney, (w/o the liberal filter), and were convinced by his presidential performance & the race was over.
Unless Romney f**ks up is some horrible way, he will be our next president.
People aren't stupid. 0bama, Axlegrease & Co have been caught in several lies already.
Their credibility is shot with the American people. Look for 0bama to attempt a massive correction at the next debate and fall flat on his face.
#4
Funny when even the liberal fact checkers are forced to side with Romney against most of the Obama team claims. It's not far from the left just turning on Obama like sharks with blood in the water unless he pulls something fast that gets them inline and believing again.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.