Tag Archives: globalist
Austerity called a spade
Finally the correct word is being used for sequester: Austerity. Government and private forecasters expect austerity, in the form of the spending cuts and tax increases, to take a big bite: about 142,000 fewer jobs a month for the rest of the year than would otherwise be added. http://economix.blogs.nytimes.com/2013/03/08/federal-austeritys-bite-on-job-growth/?hp That’s more than the 134,000 jobs […]
International banking corruption leaves one dead
The head of communications for the troubled Italian bank Monte dei Paschi di Siena, David Rossi, is found dead. What were the circumstances that forced the bank, the world’s oldest, to accept a €4.1 billion or $5.3 billion bailout from the Italian government? http://www.nytimes.com/2013/03/08/business/global/official-from-monte-dei-paschi-di-siena-bank-is-found-dead.html?ref=world In 2008 Monte dei Paschi acquired another Italian bank, Antonveneta, for […]