SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: tonto who wrote (96026)11/29/2010 2:29:12 PM
From: TideGlider1 Recommendation  Read Replies (2) | Respond to of 224714
 
I wonder what Obama refers to when he cites "civilian" federal employees and wonder why it doesn't cover all employees except the military. Will he mean all uniformed, whether actually law enforcement or not will be exempt? I would love to see the specifics on that line of jive.

Has he actually made a proposal to congress?



To: tonto who wrote (96026)11/29/2010 6:33:20 PM
From: lorne1 Recommendation  Read Replies (1) | Respond to of 224714
 
EURO BAILOUTS COULD LEAVE US BANKRUPT SAYS GERMANY
Monday November 29,2010
By Daily Express reporter
express.co.uk

PANIC spread across the eurozone yesterday as the EU debt crisis sparked fears over Germany.

Europe’s biggest economy is at risk of going bankrupt if it is forced to keep bailing out stricken nations.

Credit Default Swaps measuring risk on German, French and Dutch bonds have surged, prompting fears that they could be swallowed up by debt.

"Germany cannot keep paying for bailouts without going bankrupt itself,” Professor Wilhelm Hankel, of Frankfurt University, said yesterday.

“This is frightening people. They have terrible memories of 1948 and 1923 when they lost their savings.”

Reports that the EU wants to double its €440billion (£373billion) rescue fund have caused outrage in Germany.

Brussels has denied it, but fears are growing that the European Financial Stability Facility is not big enough to bail out Ireland, Portugal and Spain.

Portugal insists it does not need a bailout and the European Commission has denied that one is being prepared.

But eurozone states want Lisbon to seek aid to avoid a crisis in Spain, which is heavily exposed to Portugal.