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WyBlog, the best thing about New Jersey since the invention of the 24 hour diner.
Chris Wysocki
Caldwell, NJ
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Hey! I've moved to He's Pretty Fly For A Jersey Guy.
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Tuesday, 26 March 2013
As the world teeters on the brink of global financial meltdown, let's argue about gay "marriage"
George Soros couldn't have choreographed this dance if he tried. Teh Interwebz are all a-flutter over same-sex "marriage." Which I'll admit is kinda important. But while everyone is focused on Justice Kennedy, the Cypriot haircut fiasco is threatening to escalate into World War III.
Archduke Ferdinand, please call your office.
Hello Eurozone, Brussels is coming for your cash.
The new policy will alarm hundreds of thousands of British expatriates who live and have transferred their savings, proceeds from house sales and other assets to eurozone bank accounts in countries such as France, Spain and Italy.
The euro fell on global markets after Jeroen Dijsselbloem, the Dutch chairman of the eurozone, told the FT and Reuters that the heavy losses inflicted on depositors in Cyprus would be the template for future banking crises across Europe.
"If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself?'," he said.
Haircuts for everybody!
What was it that Lady Thatcher said about socialism? Oh yeah, sooner or later you run out of other people's money. And when those "other people" have guns and tanks and nuclear weapons?
Dominoes fall.
Latvia. Spain. Portugal. Italy. Greece. Ireland.
Sooner or later, to coin a phrase, someone will say "no" to Angela Merkel.
Posted at 22:36 by Chris Wysocki
[/economy]
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