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A Writer's Take on Global and National Issues with Background Information and Humor As Needed
Browsing All Posts filed under »FISCAL CRISIS«
China Investors Taking Over Europe – Taking Advantage of Economic Turmoil
The Muslim militants in Europe talk a good game and pull off terrible, costly attacks but the Chinese “invasion” may, in the end, be more debilitating. Consider that the Chinese are investing in the most troubled, peripheral countries Greece, Spain, Italy and Portugal. 40% of Chinese investment in Europe is in these countries: Why pay […]
Tax Overhaul: Republicans Begin by Targeting Tax Exempt Status for AARP
April 10, 2011
AARP’s prominent role in lobbying for health care reform caught many by surprise. Seen as a protector of the rights of Senior Citizens, the true nature of the organization’s function was made clear. It is just another insurance provider but not just any insurance provider. On of their big sellers: Medigap insurance for seniors. Therefore, […]
Ireland Considers Huge EU Loan
November 18, 2010
The EU has offered Ireland the bailout it needs but does not want – at least right now. It tells the EU that it will not need the money until next year. Issues of saving face and sovereignty surround the EU’s action and Ireland’s inaction. “It’ll be a large loan because the purpose of the […]
Get A Grip: Ireland’ Fiscal Crisis Will NOT Bring Down the EU –
November 16, 2010
Dire predictions of a collapse of the EU have swirled around utterances of the financial meltdown in Ireland. But cool heads are emerging and speaking out: But despite fears that the crisis could bring down the euro, Ireland’s minister for European Affairs Dick Roche denied this morning that Ireland needed emergency financing. “I would hope […]
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