Archive - Aug 21, 2011 - Blog entry
Photos: Oil At BP's Deepwater Horizon Gulf Spill Site
Submitted by George Washington on 08/21/2011 18:11 -0500BP would NEVER lie to us ...
Sol Sanders | Follow the money No. 80 Daddy’s sugar bowl empties
Submitted by rcwhalen on 08/21/2011 13:02 -0500German taxpayers all along were wary of becoming the only teat on the EC’s udder for what Winston Churchill once called Europe’s soft underbelly. There is nostalgia, too, for the once high-flying DMark which few wanted exchanged in 2002 for Euros. Now those feelings are exploding with Germany’s vaunted economy going south – but not just for bailouts for Greece, Portugal, Ireland, and possibly Spain, and even Italy.
To QE3 or Not to QE3
Submitted by ilene on 08/21/2011 12:56 -0500Perceptions have turned very negative and the media has been increasingly playing on fears (e.g. the U.S. debt ceiling crisis and the big default scare). If the economy gets so bad, and the stock market falls low enough, many believe the Fed will step in with another short term fix to prop up the stock market - QE3.
