Wednesday, December 01, 2010

The World According To LA

Here is a short rundown on some current events as I see them. (As always, I could be wrong.)


US To Bail Out EU

Really now. This should come as no surprise, should it? The EU is entirely too big to fail.

But let's not forget, they are far superior to us.

And who knows? Maybe they are. I do know we are shoveling borrowed money from China to bail them out.

At Beneficial, they are good for more.


Sarkozy Thin-Skinned, Authoritarian

Not unlike any other French leader I have ever known of, in my lifetime. Must have been a slow news minute, when this one broke.


Friction Between Parker And Spitzer


Why she would even want to be on the same set as him (for any reason) is way beyond me. But she agreed to. And by signing a legal contract to this effect, she has demonstrated she has sucker written all over her face.

But moreover, it's not like anyone watches this show anyway. If she wanted to be accepted as a serious journalist, she would not have cheapened herself by taking this gig.


Dodd Says Farewell

GOODBYE

4 comments:

Chuck said...

Dodd Says Farewell

Be careful of that door on the way out

Rocket said...

This article is very interesting as to why these debtors nations in the EU monetary union should default on their debt and pull out of the euro.

http://liberalconspiracy.org/2010/11/24/why-ireland-should-default-on-its-debts-and-start-afresh/

Rocket said...

We always knew they were lying about their debt as they do about so much else. - Rocket

From Today's Independant

France is next for attack by bond investors

By Margareta Pagano, Business Editor

Sunday, 5 December 2010


France will be next on the list of eurozone countries to be attacked by bond investors worried about soaring sovereign debt levels, said the chief executive of the London Stock Exchange.

“France’s time is up next,” said Xavier Rolet. “It won’t be long before bond investors turn to France after they have finished with Portugal and Spain. “The country’s deficit is much, much higher than anyone realises. My view is that the markets are not prepared to finance it any more unless there is serious, structural reform. No one, not even France, can hide anymore.”

LASunsett said...

//My view is that the markets are not prepared to finance it any more unless there is serious, structural reform. No one, not even France, can hide anymore.”//

But French culture is far too superior to other cultures, for its far superior economic system to fail.

/sarc