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Europe Crisis Deepens As Chaos Grips Greece
Wall Street Journal ^ | 05/05/2010 | Wall Street Journal

Posted on 05/05/2010 4:36:30 PM PDT by The Magical Mischief Tour

ATHENS—Greece's fiscal crisis took a new turn to violence Wednesday when three people died in a firebomb attack amid a paralyzing national strike, while governments from Spain to the U.S. took steps to prevent the widening financial damage from hitting their own economies.

U.S. Treasury officials have been quietly urging their European and International Monetary Fund counterparts to put together a Greek rescue plan more quickly to contain the damage, it emerged Wednesday, as U.S. policy makers worry the continent's problems could undermine a U.S. recovery much as U.S. housing woes hammered Europe in 2008.

In Spain, rival political leaders came together Wednesday with an agreement that aims to shore up shaky savings banks by the end of next month. Investors, meanwhile, are pouring money into bonds of countries seen as less exposed to the crisis, from Russia to Egypt.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Business/Economy; Government
KEYWORDS: chaos; crisis; deepens; economy; engulfs; europe; european; firebomb; fiscal; greece; greek; grips; spain; strike
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To: Leisler

That has got to be an agent provocatuer. Even a lefty Latin American wouldn’t be that dumb.

Tea Party folks don’t like it when the left does that to us, and I don’t think we should approve it when somebody else does that to the left. It ain’t fair.


21 posted on 05/05/2010 5:30:30 PM PDT by livius
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To: dragnet2

I think the UK has more then 1 in 3 as govt employees.


22 posted on 05/05/2010 5:31:05 PM PDT by Frantzie (McCain=Obama's friend. McCain/Graham = La Raza's Senators & Estefan-Rubio)
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To: myknowledge

I don’t want to print one worthless dollar for these communists. NO US MONEY!!! I get around and the mood of this country is getting real bad. I think something could blow.(pray no). People I talk to are PISSED!


23 posted on 05/05/2010 5:34:02 PM PDT by rogertarp
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To: SteveAustin

This movie’s worse - it’s gonna jump off the screen and infect us all...


24 posted on 05/05/2010 5:34:02 PM PDT by GOPJ ("Draw Mohammad Day" - - May 20, 2010 - Draw for freedom - draw for your children's freedom.)
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To: Leisler

Where did you get that? I`d like to download it myself. I`d pay real money to have that turned into a nice big poster.


25 posted on 05/05/2010 5:34:13 PM PDT by nomad
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To: The Magical Mischief Tour

How can we think about bailing out Greece when several of our large states are at the edge of bankruptcy?


26 posted on 05/05/2010 5:38:22 PM PDT by Rocky (REPEAL IT!)
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To: nomad; livius

http://market-ticker.denninger.net/


27 posted on 05/05/2010 5:39:02 PM PDT by Leisler
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To: SteveAustin

Five or ten years? What an optimist.


28 posted on 05/05/2010 5:41:21 PM PDT by little jeremiah (http://lifewurx.com - Good herb formulas made by a friend)
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To: mowowie

It was discussed on a thread today, can’t remember the exact title but it was specific about that sign. Levin? Horowitz? With I could remember. If you check today’s articles you’ll find it.

The conclusion was that it is not photoshopped.


29 posted on 05/05/2010 5:43:15 PM PDT by little jeremiah (http://lifewurx.com - Good herb formulas made by a friend)
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To: The Magical Mischief Tour

Coming soon to a nation near you. :)


30 posted on 05/05/2010 5:43:23 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: SteveAustin

Ooooooo... I certainly hope so. The moochers out in the open - bring it on. Loot my part of town, baby! I’ve got a little friend I want you to say hello to.


31 posted on 05/05/2010 5:45:56 PM PDT by farlander (Sic Semper Tyrannis)
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To: The Magical Mischief Tour

Imagine if there was only one salary, and everybody made it. Then we could all go ahead and do our jobs, whatever our abilities were, but we’d do it for the love of the work and for our common good. Wouldn’t that be grand?


32 posted on 05/05/2010 5:54:38 PM PDT by ichabod1 (Can around 25-30% moonbat base really steal the country from us and hold it?)
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To: Leisler

I heard some in Greece are saying “We gave the world Democracy. You OWE US!”

Looks like the less equal animals are rising up against the pigs. There Will Be Blood.


33 posted on 05/05/2010 5:56:14 PM PDT by ichabod1 (Can around 25-30% moonbat base really steal the country from us and hold it?)
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To: Leisler

Wow... you’ve GOT to be kidding me.


34 posted on 05/05/2010 6:07:06 PM PDT by TheZMan (Just secede and get it over with. No love lost on either side. Cya.)
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To: Leisler; mowowie

It’s at Leisler’s link to Denninger. Down towards the bottom of the page.


35 posted on 05/05/2010 6:10:12 PM PDT by little jeremiah (http://lifewurx.com - Good herb formulas made by a friend)
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To: chris_bdba
I guess I just don’t udnerstand why they are doing this?

It's all part of the socialist agenda. Get useful idiots to join World Worker's Party type of groups to cause enough strife that eventually capitalism collapses. It has been happening been incrementally for decades and now the push is on.

36 posted on 05/05/2010 6:10:57 PM PDT by RedMDer (Throw them all out in 2010... Forward with Confidence! Forward!)
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To: ichabod1

At the business end of a firearm too!!! Long live Marxism! Workers of the World Unite!


37 posted on 05/05/2010 6:14:02 PM PDT by erikm88
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To: GOPJ

Greece is succubing to anarchy. No one seems to bein charge. This will not end well. Even if they get a bailout, that money is already gone. ANSWER has itself a victory there.


38 posted on 05/05/2010 6:19:40 PM PDT by MestaMachine (De inimico non loquaris sed cogites- Don't wish ill for your enemy; plan it)
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To: MestaMachine

succumbing

scusa


39 posted on 05/05/2010 6:20:42 PM PDT by MestaMachine (De inimico non loquaris sed cogites- Don't wish ill for your enemy; plan it)
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To: myknowledge
"The globalist elite banks have thrown the Greek economy in the toilet by design so that they can financially enslave it. That’s why."

You hit the nail on the head.

Goldman Sachs is up to their rear-ends in the Greek financial mess

"U.S. Treasury officials have been quietly urging their European and International Monetary Fund counterparts to put together a Greek rescue plan more quickly to contain the damage, it emerged Wednesday, as U.S. policy makers worry the continent's problems could undermine a U.S. recovery much as U.S. housing woes hammered Europe in 2008."

International Monetary Fund: US Governor Timothy F. Geithner, Alternate Governor: Ben Bernanke. The US has roughly a 17% stake in the IMF. Translation: We are already helping bail out Greece.

40 posted on 05/05/2010 6:21:35 PM PDT by Bokababe (Save Christian Kosovo! http://www.savekosovo.org)
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