This is also posted under Ron Paul's "New Era of Slavery" thread with the weekly Texas Straight Talks.
Did the Fed Bailout Greece? ~ Another Reason to Audit the Fed!
2/15/2010 Texas Straight Talk ~ Congressman Ron Paul
VIDEO (4:00): http://www.youtube.com/user/minnesot.../0/u0qdw_slpj8
Coming To America: The Greek Sovereign Debt Crisis
Submitted by Tyler Durden on 02/10/2010
Yesterday we presented our views on why Europe's decision to tip over the first of the bailout dominoes will be inherently a catastrophic one in the long term, and will ultimately transfer the peripheral liquidity risk into funding, and ultimately, solvency (and once again, liquidity) risk to the very core. Today, Niall Ferguson joins in, in this latest Op-Ed in the Financial Times. "It began in Athens. It is spreading to Lisbon and Madrid. But it would be a grave mistake to assume that the sovereign debt crisis that is unfolding will remain confined to the weaker eurozone economies. For this is more than just a Mediterranean problem with a farmyard acronym. It is a fiscal crisis of the western world. Its ramifications are far more profound than most investors currently appreciate." In other words, Marc Faber 1, CNBC talking heads, 0... as usual.
Ferguson lists the current dead ends presented before the EU:
Continues: http://www.zerohedge.com/article/com...gn-debt-crisis
SOURCE: http://solari.com/blog/ Catherine Austin Fitts' blog