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Daily Archives: February 12, 2012

And after all the drama guess what? Greece is still Insolvent

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by John Galt February 12, 2012 17:50 ET   The sad sorry joke being perpetuated on the citizens of Greece who are clueless sheep and the mindless individual investors, what few are left, playing the Wall Street casino, is that tonight’s vote on the new Greek austerity program by the Greek parliament is irrelevant. The nation of Greece is completely insolvent, totally dependent on the whims of IMF and European Union technocrats along with banksters from New York to London, and the people have...

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2.12.12 AEP: Germany’s Carthaginian terms for Greece

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by John Galt February 12, 2012 16:45 ET   Tonight’s editorial from Ambrose Evans-Pritchard in the U.K. Telegraph is perhaps the starkest commentary yet on the disaster in the European Union and inside of Greece: Germany’s Carthaginian terms for Greece (click on the title to read the commentary in full) One sentence describes the EU’s folly best of all in this must read article: Belief that EMU fall-out from Greek exit – or “Grexit” in market slang – can be contained by firewalls and...

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The Romney Record of Severe Conservatism in one Video

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by John Galt February 12, 2012 12:20 ET   Yes, the following video, in the man’s own words, certainly sounds like a record of “severe” conservatism. Rush Limbaugh even questioned the phrase on this past Friday’s show which was astonishing to me because he is certainly less than enchanted with the idea of Mitt being the nominee due to his lack of conservative credentials. This video from the YouTube user alielbaryeshua really summed up the truth about Mitt Romney and why the Republican “establishment”...

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Live Video from Athens as the Greek Parliament debates

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by John Galt February 12, 2012 10:50 ET   From Zougla.gr: Today’s debate and vote later on might be a forgone conclusion, but the reaction of the masses in the street is what will be most fascinating to watch.

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