Hard hitting global and local news
The Wall Street Journal reports Talk of Debt Restructuring Under New Program ‘Not on Table’ The European Central Bank won’t discuss potential write-downs on debt bought under its new bond-buying program, ECB executive board member Joerg Asmussen said Tuesday.
For further discussion, please see Target2 and the ELA (Emergency Liquidity Assistance) program; Reader From Europe Asks "Can You Please Explain Target2?" Moreover, the recently hatched OMT plan of Mario Draghi in and of itself has potential unlimited liability in that it allows unlimited purchases of sovereign bonds for which Germany and other countries are responsible for their share of the pie in accordance with percentages noted in the above link. Finally, please note that 37,000 people signed a petition against this deal, and polls show it likely would not have passed if put to a vote.
Wednesday, September 12, 2012 US-Backed Terrorists Murder US’ Own Ambassador in Libya Murdered US Ambassador exposes US "pro-democracy" foreign policy – same terrorists US backs in Syria are behind the murder of US Ambassador in Libya. by Tony Cartalucci Update : The picture below of John McCain in Benghazi, during the violent military subversion of Libya in 2011, includes the now deceased US Ambassador John Christopher Stevens on the right, wearing a blue tie. Stevens has now become a victim of the very terrorists he played a role in creating. The caption below has been edited to reflect this information.
click on chart for sharper image General Comments Gasoline usage is the same as it was in 2001 or 2002, depending on the month.
Continue reading here: China’s Xi Vanishes; Where is the Man Rumored to Lead China Next Month? China Having Second Thoughts?…
Those of us on the sidelines are enjoying the Lewandowsky vs.
View post: Actual Constitutional Case Against OMT and ESM; Why Bond Buying Undermines Democracy; Is Draghi Above The Law?
Read More: German Constitutional Court Approval of ESM Not a Done Deal; Draghi’s Fatal Mistake?
The Hindu, in their article, " France to fund opposition in Syria ," reported: "Reuters quoted a “diplomatic source†as saying France had started supporting parts of Syria that are apparently being controlled by the armed opposition.