11/07/2011

Total Euro Chaos Tonight

By John Galt July 11, 2011 From the U.K. Guardian 7/12 print edition: Greece set to default on massive debt burden, European leaders concede Uh, there are consequences to this. The insane idea is highlighted here: They also abruptly shifted tack in the eurozone debt crisis by raising the possibility of using the eurozone’s bailout fund to buy back Greek debt on the markets, meaning sizeable losses for Greece’s private investors and reduced debt levels for Athens. Following 12 hours of fraught negotiations in Brussels haunted by the risks of contagion…




7/11 V of Galt: The Good, The Bad, and the Ugh

By John Galt July 11, 2011 Needless to say tonight’s discussion will be heavily tilted towards the economic developments in Asia, Europe, and the United States. The good, besides Clint in the Westerns is that people who prepared to protect their assets with precious metals will survive this period of turmoil. The bad, anything New York, starting with the stinking Yankees and the mayor who promises to perform “wedding” ceremonies for homosexual couples. The ugh, Congress. To listen to the program from 7-9 p.m. ET tonight, click on this link to…



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It Pays to be Gay in Cambridge, MA

By John Galt July 11, 2011 The more absurd the extreme left acts, the more bizarre the news gets on a daily basis. This story could be found on dozens of sources bu the U.K.’s Daily Mail sums it up best with this headline: The U.S. city set to pay gay employees more than straight When I first read the story I thought it was a joke. It isn’t. From the story: When the city of Cambridge issues paychecks to its public employees, 22 gay workers find a federal tax on…



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