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U.S. ready to back bigger EU stability fund-official (US Taxpayers to Bail Out Europe)
Reuters ^ | 12/1/2010 | Unattributed

Posted on 12/01/2010 10:08:33 AM PST by mojito

click here to read article


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To: rockinqsranch

12/01/2010 13:18 *DJ WSJ: US Isn’t Discussing Larger IMF Contribution To European Rescue Fund— US Official


21 posted on 12/01/2010 10:38:18 AM PST by sheana
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To: mojito
The rape of America continues by financial and government elites who have no conscience or shame.

So what if their business plan is to suck all the prosperity they can out of us for generations to come? If Washington says we need support the international banksters I'm all for it.

22 posted on 12/01/2010 10:44:50 AM PST by AAABEST (Et lux in tenebris lucet: et tenebrae eam non comprehenderunt)
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To: mojito

Let me get this straight; nations like Ireland buy US bonds, they go bankrupt, then the US will bail them out through the IMF??


23 posted on 12/01/2010 10:45:07 AM PST by dynoman (Objectivity is the essence of intelligence. - Marylin vos Savant)
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To: mojito

Maybe the US needs to be treated like an alcoholic - stop the US before it can borrow and spend again.


24 posted on 12/01/2010 10:48:42 AM PST by Truth29
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To: frogjerk

I am convinced the whole world economy is just one big house of cards.


And a big gust of wind is headed toward that house.


25 posted on 12/01/2010 10:52:47 AM PST by unkus
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To: dynoman

Nations like Ireland are in danger of defaulting on bonds issued as sovereign debt. The US, through the IMF, is going to bail out the holders of those bonds, i.e. European banks.


26 posted on 12/01/2010 10:52:47 AM PST by mojito
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To: New Jersey Realist

They will, they will.


27 posted on 12/01/2010 10:53:36 AM PST by 353FMG (In the end, it will be either ISLAM or America -- it can never be both. Choose NOW!)
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To: Conservative Tsunami

Diet Coke. (I’m already in violation of big government Body Mass Index.)


28 posted on 12/01/2010 10:58:48 AM PST by Leisler (They always lie, and have for so much and for so long, that they no longer know what about.)
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To: sheana

So Reuters, and WSJ are using that same guy A. Nony Mous!?


29 posted on 12/01/2010 11:00:17 AM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: mojito

-—There are obviously some severe market problems-—

Yeah, but why worry? It’s only the little guy’s retirement fund that’ll get wiped out. Us elite globalists will do fine...


30 posted on 12/01/2010 11:00:46 AM PST by MichaelCorleone
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To: sheana

....and not only the same bird, but now he’s chirping a different song!?


31 posted on 12/01/2010 11:02:10 AM PST by rockinqsranch (Dems, Libs, Socialists, call 'em what you will, they ALL have fairies livin' in their trees.)
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To: mojito

Why would it be in the best U. S. interest to essentially bail out the Euro?

By doing so we destroy the dollar even further. And who bails out the dollar when no nation will purchase our debt any longer?

Our government is intent on destroying this nation.


32 posted on 12/01/2010 11:02:27 AM PST by DoughtyOne (Your next chance like this? About 2044. Vote popularity and don't waste time with the details.)
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To: RobRoy

It’s not raining, you are getting wizzed on....


33 posted on 12/01/2010 11:05:22 AM PST by tcrlaf (Obama White House=Tammany Hall on the National Mall)
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To: rockinqsranch

Apparently but it doesn’t matter. They got the market up with it didn’t they?


34 posted on 12/01/2010 11:05:23 AM PST by sheana
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To: mojito

How do we stop this?


35 posted on 12/01/2010 11:10:01 AM PST by b4its2late (Ignorance allows liberalism to prosper.)
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To: sheana

In another time, we actually had Senator’s and Congressmen that were looking out for their own State’s, not the Federal Government.


36 posted on 12/01/2010 11:10:01 AM PST by Michael Barnes (Guilty of being White.)
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To: Leisler
Diet Coke. (I’m already in violation of big government Body Mass Index.)

LOL

I guess we shouldn't even get into Carbon Footprints.

But here - from you to me:


37 posted on 12/01/2010 11:10:29 AM PST by Conservative Tsunami (RINOs and Globalists: On the same team. Always have been.)
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To: mojito

Oh well, either States start seceding the Union now, or it’s time to invoke the First Paragraph of the Declaration of Independence.


38 posted on 12/01/2010 11:10:40 AM PST by jimjohn
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To: mojito
I keep hearing people saying that we're building up a debt that our children and grandchildren will have to pay off.

This is fatalistically untrue. Officially we owe 15 TRILLION $$$$. Unofficially, with Social Security and Medicare that are calculated "off budget" factored in, that's closer to 100 TRILLION. With what? A quarter of a trillion a month adding on automagically?

There's no way that future generations are going to be able to pay this off. Even if the govt stopped spending today (yeah, right! I hear all kinds of talk about cutting the military budget, but NOTHING about entitlements :( )

"The Greatest Generation" has bankrupted the richest, most powerful economy the world has ever known, though their election of total incompetents to congress and presidency.

Never going to happen. Not in a dozen generations to come.

God help us!

Godspeed

39 posted on 12/01/2010 11:14:49 AM PST by HeartlandOfAmerica (Obama and the Dem Congress will spend $5 trillion every year of his presidency until they break US!)
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To: DoughtyOne
Why would it be in the best U. S. interest to essentially bail out the Euro?

By doing so we destroy the dollar even further.

Ironic, eh? The Euro today = $1.31. It began at @$.85. It needs re-calibration anyway, doesn't it?

Our government is intent on destroying this nation.

Of course. And wasn't the invasion of illegals and the fictional "War on Terror" also about destroying our sovereignty?

40 posted on 12/01/2010 11:15:53 AM PST by Conservative Tsunami (RINOs and Globalists: On the same team. Always have been.)
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