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More: Progression of the Police State Spanish Style: €300 Euro Fine for Calling Police Officer "Mate"; Law of Simmering Social…
The IMF staff told the board of directors Greece Disqualified from New IMF Program .
See more here: Another Bridge Loan Likely as Greek Talks Break Down; Shocked Over Parallel Currency Plans? Why?
Actually, regulators were never in control in the first place. It only appears that way when things are going well. Shorts Not the Problem Shorts are not the problem here
Visit link: Santelli Exchange with Mish: Public Debt, Taxation, Legacy Issues
Here is a lengthy snip from Bargo’s recent, well-written article Public Pensions Prove Zero Sum Economics . One of the major appeals in Democrat presidential campaigns is to explain to voters that they need Democrats in office to take money away from the rich. And since the rich own big corporations, they will pay workers as little as possible.
See original article: What’s the Rise in People Without Fulltime Employment Since 2009? What "Should" It Be?
Charts courtesy of Curve Watchers Anonymous .
On January 21, in response to the surprise cut, I wrote Canadian Recession Coming Up: Yield Curve Inverts Following Unexpected Rate Cut; Loonie at Six-Year Low . In that post I awarded Canada the "Blue Ribbon" for the first yield curve inversion of any major country following the great financial crisis
Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal In 2010, Jean-Claude Juncker, current European Commissioner president, made a pledge to UK Prime minister David Cameron, to never again use the ESM to bail out another eurozone country. Cameron’s concern was that he did not want to put British taxpayers at risk for eurozone sponsored bailouts.