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.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (43608)12/6/2011 1:11:45 PM
From: ggersh3 Recommendations  Read Replies (1) | Respond to of 71475
 
Cracks me up, out of work, no money and now they say the people are
making it worse by taking their savings. UFB

"Many Greeks are draining their savings accounts because they are out of work, face rising taxes or are afraid the country will be forced to leave the euro zone. By withdrawing money, they are forcing banks to scale back their lending -- and are inadvertently making the recession even worse"



To: John who wrote (43608)12/6/2011 1:50:26 PM
From: ggersh  Respond to of 71475
 
People allowed to vote, don't kid yourself. -nfg-

Eurozone To Avoid Any Popular Vote In Treaty ChangeSubmitted by Tyler Durden on 12/06/2011 - 13:23 Eurozone Germany Goldman Sachs goldman sachs United Kingdom

Why bother with the one true barbarous relic - democracy - when good ole' fascism will suffice. As The Telegraph's Bruno Waterfield reports, "EU to avoid any votes - parliamentary or popular on treaty change - via obscure Lisbon Treaty 'passerelle' clause, Art. 126 (14) via protocol 12. "This decision does not require ratification at national level. This procedure could therefore lead to rapid and significant changes," says confidential Van Rompuy text. Funnily enough, only Britain will have to have a parliamentary vote under the Tories recent Sovereignty Act even though it is eurozone only changes." And that is how a bunch of corrupt kleptocratic incompetent eurocrats usurp all power in a regime now entirely controlled by Goldman Sachs. Unless, of course, the UK once again stops the insurgent takeover of the insolvent continent by the squid.