November 12, 2012
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Greece Allegedly Gets Time, Not Money; Mish Says Time Is Money
By News DeskMore: Greece Allegedly Gets Time, Not Money; Mish Says Time Is Money
Hard hitting global and local news
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A Post Election Rant Now some, not Eli to be sure, might think it is time to call out all those in the US who were predicting a post-election Gotterdammerung for anyone slightly to the left of Dick Cheney (and to be quite clear, Eli is not sure that Dick would be safe either, given his backing for same sex bunnies he is related to), but actually that is not the problem. Rachel Maddow who is about as left as you can get in the US and be on TV nails it, rational people are exasperated to the point of wanting to mole whack any Republican in sight for what they have done to our political choices in the US This pretty much captures Eli’s exasperation, and Tamino’s and the Real Climate crews’.
Corporate Bankruptcies Soar in Australia; Just a Start of What’s Coming Nearly every day I receive emails from "Brisbane Bear" regarding the sorry state of affairs in Australia. Here is another one to consider: Insolvencies for quarter near record high CORPORATE insolvencies hit their second-highest peak on record in the last quarter, as the aftershocks of the global financial crisis continued to flow through the market, The Weekend Australian’s Anthony Klan reports. According to the Australian Securities & Investments Commission, there were 2552 insolvencies in the three months to September, which was up 10 per cent on the previous quarter
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Prepare for Demise of California; Liberals Will Get All the Government (and Tax Hikes) They Want On Tuesday voters in California went the wrong way on three propositions. Voters approved Proposition 30 "temporarily" increasing the state sales tax and income tax on individuals making over $250,000.