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March 11, 2013 0

Roubini Promotes ECB Currency War and Other Silliness

By News Desk

As reported by Yahoo! Fiance ,Roubini stated ECB must cut rates or risk crisis again The bank would act eventually to avoid the recession getting worse, but risked doing "too little, too late," Roubini said in an interview with CNN’s Nina dos Santos. "They have to cut the policy rate, they have to stimulate the economy, they have to try to weaken the value of the euro," said Roubini, who was credited with predicting the financial crisis of 2008. "The euro should be 10, 20 or even 30% weaker to restore the competitiveness of the [eurozone] periphery," Roubini said

March 10, 2013 0

Not Enough Fingers to Contain the Leak in the Dike

By News Desk

Please consider Dutch support EU referendum Dutch lawmakers have been forced to debate a referendum on any further transfers of power to the EU after a citizens’ petition demanding a plebiscite garnered 40,000 signatures in two weeks. Although parliament is not obliged to follow through with legislation, the move underlines the surge euroscepticism in one of the EU’s founding members, which could pose an obstacle to any further integration needed to bolster the eurozone.

March 10, 2013 0

Not Enough Fingers to Contain the Leak in the Dyke

By News Desk

Please consider Dutch support EU referendum Dutch lawmakers have been forced to debate a referendum on any further transfers of power to the EU after a citizens’ petition demanding a plebiscite garnered 40,000 signatures in two weeks. Although parliament is not obliged to follow through with legislation, the move underlines the surge euroscepticism in one of the EU’s founding members, which could pose an obstacle to any further integration needed to bolster the eurozone

March 8, 2013 0

Third Fool From the Left

By News Desk

Third Fool From the Left Ethon was looking hungry yesterday.  Eli asked him (cautiously and from a distance) what was up.  Turns out that he took a moving contract from Scrotum , to deliver Chris Monckton around the world where he could advance Mycroft’s Agenda 21.  As the bunnies may recall, Joe Bast and the Heartland Mob had finally cottoned onto Chis’ unwitting, but effective, role in the UN plan to subjugated the world.  Being from Chicago, and well funded by  Bankroll Barry, they had sent some associates to London to terminate the annoyance. Fortunately, Mycroft had gotten a message from Peter Gleick (the matter having been discussed at the Heartland board meeting last winter, one of the memos held close) and was able to take measures to spirit Chris to safety and a world wide lecture tour, keeping one step ahead of the competition.  Unfortunately, there had been no time to commission a transportation module from W&H Giddon, Saddlers and they had to make do with what Scrotum could scare up at the Extreme Restraints Bondage store deep in the East End. There were chafing consequences accounting for several pictures taken recently Eli kept adding pins to the map as Ethon flew Monckton from Scotland, to Rio to Qatar to the Antipodes, assuming that the bird was being well fed and was quite surprised by the rather thin appearance of his friend.   The scam doesn’t work anymore Eli, Ethon sadly told him.  Monckton is discovering that you can’t get to the edge of crazy, there is always someone a bit further on the edge than you.  Supporting a globe trotting lifestyle, a hunting lodge here and there, and the tailor is an expensive business and Chris has had trying times as funding for his main gig, denial of climate change, dries up.  Scrotum has been furloughed and is looking for work in Washington, it is so bad.  His Lordship has been trying birtherism, snake oil cures for everything from HIV to Graves disease, getting a gig in the House of Lords.  Poor lad, he got tossed out of a crazy Brit right wing party for being  " semi detached " Well Ethon, Eli replied, surely, somebunnies, somewhere, maybe at the ends of the earth have a need for more Monckton.  Sadly, yes, said Ethon, but they don’t pay very well;)