April 21, 2013 0

Netherlands on Edge of Economic Crisis; Unemployment Surges as Home Prices Collapse

By News Desk

Netherlands is underwater in more ways than one. Der Spiegel reports Underwater: The Netherlands Falls Prey to Economic Crisis More than a decade ago, the Dutch central bank recognized the dangers of [the housing] euphoria, but its warnings went unheeded. Only last year did the new government, under conservative-liberal Prime Minister Mark Rutte, amend the generous tax loopholes, which gradually began to expire in January.

April 21, 2013 0

Minister of Spain’s Housing Board Cites "Mortgage Scam, Illegal Evictions" Calls for Mortgage Debt Reduction

By News Desk

The Minister of Public Works and Housing of the Government of Andalusia, Elena Cortes Jimenez, advocates a Reduction in Mortgage Debt for All Spanish Families . Here is a Mish-modified synopsis. Elena Cortes Jimenez, Minister of Public Works, claims eviction proceedings lead to further drying of mortgage lending, making it harder for young people to access home ownership

April 20, 2013 0

NYT: FBI Hatches Terror Plots

By News Desk

NYT reports in 2012 FBI’s habit of fabricating terror attacks to make high-profile arrests – now Boston suspects’ family claims sons were led every step of the way by the FBI.  April 21, 2013 (LD) – In an April 2012 New York Times article titled, ” Terrorist Plots, Hatched by the F.B.I. ,” it is revealed that many of the high-profile terror attacks foiled by the FBI, were in fact fabricated from start to finish by the FBI itself.

April 20, 2013 0

Understanding German Politics

By News Desk

Inquiring minds in the US note the upcoming German election and may be wondering about the platforms of the major political parties. Reader Bernd from Germany explains.