Go BIG or go home

[Locutus]

Puny little Obama $450 billion give-a-way plan indeed.




France and Germany ready to agree €2tn euro rescue fund



France and Germany have reached agreement to boost the eurozone's rescue fund to €2tn (£1.75tn) as part of a "comprehensive plan" to resolve the sovereign debt crisis, which this weekend's summit should endorse, EU diplomats said.
The growing confidence that a deal can be struck at this Sunday's crisis summit came amid signs of market pressure on France following the warning by the ratings agency Moody's that it might review the country's coveted AAA rating because of the cost of bailing out its banks and other members of the eurozone. The leaders of France and Germany hope to agree a deal that will assuage market uncertainties or, worse, volatility, in the run-up to the G20 summit in Cannes early next month.




France and Germany ready to agree

 

[Kreskin]

Don't get caught up in the anti-Obama shenanigans. The Reps will eat any idea alive, including their own ideas, when it's politically expedient.

 

[damngrumpy]

Unfortunately the sane voices of a few of the Republicans are being drown out
by the rabble spewing their shrill nonsense. They decry the bailouts made to
save the large corporations and financial giants. At the same time they are in
favour of huge tax breaks for these giant elites at the expense of the middle class.

I for one understand the budget of America has to be cut where appropriate
There also has to be a number of tax increases to pay for the bills that have been
soaring for more than a decade. These taxes have to come to all sectors of the
economy but those who have had huge breaks and used the money to pay for
bonuses or move their manufacturing or service departments off shore.
Unfortunately the wackjobs have taken control of the Republican Party and they
have hijacked the system for their own dictatorial demands.

There are many Republicans and Democrats alike that would like to make some
serious compromises to bring about real solutions but the present disruption and
that is what it is a disruption, is prevent any form of organized government from
governing. At first they Tea Party represented change and now more and more
Americans and others understand they really represent chaos, just like the left
sometimes engages in during more turbulent times in our history.

Look around the world, what is happening with people in the street? These people
appear to be cutting the Tea Party off at the pass as they now represent the voices
of disenchantment. The way it is going, it will be the main stream Republicans
that end up losing if they don't do something to reign in the distortions of people
who don't have a clue about how to achieve what they want. No the Occupy Wall
Street groups are not that knowledgeable either but they have identified the enemy
justly so or not. The Tea Party looks disgruntled. The anti Wall Street group has
put a face to the problem. Big Corporations with huge bonuses and to high profit
margins in minds of most. A face, an identifier, and the image of greed, they
will steal the agenda from the Tea Party, they will bring a sense of nationalism
economically and they will rise as the more influential voice leaving the Republicans
on the wrong side of history.
Obama is swimming up stream he has the Tea Party who are demonstrating the
essence of hypocrisy, and the Anti Wall Street crowd that does not want to part with
another dime, for anyone except the middle class. Talk about a no win and if he
can navigate the waters he wins if he can't it doesn't matter the world will come
apart at the financial seems.
Europe is not likely to be saved, the Chinese economy will slow because no one can
buy and our American cousins will drag us down with them. People do not understand
the dangerous games they are playing