Skip to comments.Debt crisis: Germany caves in over bond buying, bank aid...
Posted on 06/28/2012 11:05:46 PM PDT by aquila48
On Thursday night, Italy and Spain plunged an EU summit into disarray by threatening to block everything unless Germany and other eurozone countries backed their demands for help.
Mario Monti, the Italian Prime Minister, celebrated the agreement, reached in the early hours of Friday, as a very important deal for the future of the EU and the eurozone.
He could not resist reminding Angela Merkel, the German Chancellor, that Italy had also won on the football pitch, by defeating Germany two goals to one for a place in the finals of the European Championship.
(Excerpt) Read more at telegraph.co.uk ...
The lunatics have taken over the asylum worldwide.
And Merkel could be blackmailed this way only because they knew that the EU and the Euro is more important to German politicians than Germany. They are all traitors.
Just like you knew it would. They nearly overplayed their hand.
The world is going to hell in a hand basket.
But, when will the bailouts end?
most of the talking heads say this act will buy time for Europe to get its financial house in order. But, with more money available why should they?
If you agree that free money given to a politician, at any level, is the same as giving a drug addict free drugs what kind of result are you going to see?
To cure themselves from both addictions harsh love, saying “NO” and standing by it regardless of the screaming. is the only course that has any level of success. So, when will this tough love begin?