Category: Uncategorized

May 11, 2015 0

IMF Works on Contingency Plans for Greek Default; Greece Says Deal Difficult; Timeline of Obligations

By News Desk

The Wall Street Journal reports IMF Works With Greece’s Neighbors to Contain Default Risks . The International Monetary Fund is working with national authorities in southeastern Europe on contingency plans for a Greek default, a senior fund official said—a rare public admission that regulators are preparing for the potential failure to agree on continued aid for Athens. Greek banks are big players in some of its neighbors’ financial systems.

May 11, 2015 0

CONFIRMED: US "Operation Rooms" Backing Al Qaeda in Syria

By News Desk

Links CONFIRMED: US "Operation Rooms" Backing Al Qaeda in Syria US policy think-tank Brookings Institution confirms that contrary to propaganda, US-Saudi "moderates" and Turkey-Qatar "Islamists" have been coordinating all along.  May 11, 2015 ( Tony Cartalucci – NEO ) –  The war in Syria continues to drag on, with a recent and renewed vigor demonstrated behind an opposition long portrayed as fractured and reflecting a myriad of competing foreign interests. Chief among these competing interests, the public has been told, were the US and Saudis on one side, backing so-called "moderate rebels," and Turkey and Qatar on the other openly backing Al Qaeda and its various franchises including the Islamic State (ISIS). Image : The conflicts in Syria and Iraq are far from internal

May 11, 2015 0

Merkel’s Own Party Ready to Give Up on Greece; Another Week of Deadlines; Reflections on Can Kicking

By News Desk

Merkel’s Own Party Ready to Give Up on Greece; Another Week of Deadlines; Reflections on Can Kicking German Chancellor Angela Merkel is increasingly isolated in her stance on Greece. Growing Pressure From Within the ranks of her own party bloc to give up on Greece for the sake of the euro. Members of Merkel’s Christian Democratic bloc are openly challenging her stance of keeping Europe’s most-indebted country in the 19-nation currency region.

May 11, 2015 0

Capitalism for Me, Socialism for Thee; Progressive Capitalism?

By News Desk

A self-proclaimed "progressive capitalist" (hypocrite) store owner in San Francisco complains about Proposition J which voters passed with a 77% approval rate hiking the minimum wage to $15. Capitalism for Me Socialism for Thee The National Review details the plight of Brian Hibbs, owner and operator of Comix Experience, an iconic comic-book and graphic-novel shop on San Francisco’s Divisadero Street, of the city’s new minimum-wage law. Hibbs says that the $15-an-hour minimum wage will require a staggering $80,000 in extra revenue annually.