Reader Comments on Italy’s Insane Labor Rules
September 14, 2012 0

Reader Comments on Italy’s Insane Labor Rules

By News Desk

Very complex and sometimes contradictory laws High level of corruption within public administration and politics Article 18, a  section of the Workers Statute makes layoffs for economic reasons very, very difficult and it is applicable to companies that have 15 or more employees. This is a major reason why Italian companies have so few employees. The other one is that Italian company are mainly family run

Panic!
September 13, 2012 0

Panic!

By News Desk

Panic! In my previous post Desperation Bazooka Tactics; Gold Soars Following Huge Headfake , I mentioned " This seems like desperation bazooka tactics.

German Court Approves ESM While Ruling "No Unlimited Liability, Parliament Must Approve Changes in Ceiling"; Sigh of Relief Reaction
September 12, 2012 0

German Court Approves ESM While Ruling "No Unlimited Liability, Parliament Must Approve Changes in Ceiling"; Sigh of Relief Reaction

By News Desk

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.

September 12, 2012 0

US-Backed Terrorists Murder US’ Own Ambassador in Libya

By News Desk

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.