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Posts tagged economy

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Wall St. Follows Europe’s Markets Down on Economic Uncertainty

Analysts attributed the declines, which pushed down indexes more than 5 percent for the month to date, at least partly to reactions related to the resignation of a top financial official at the European Central Bank, a development that put a spotlight on the internal discord over the response to the debt crisis. Jürgen Stark, a German who is leaving his position on the executive board of the E.C.B., is known as an opponent of the bank’s bond-buying program

http://www.nytimes.com/2011/09/10/business/daily-stock-market-activity.html?_r=2

Filed under economy economics w wall street

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It’s the Economy, Dummkopf!

With Greece and Ireland in economic shreds, while Portugal, Spain, and perhaps even Italy head south, only one nation can save Europe from financial Armageddon: a highly reluctant Germany. The ironies—like the fact that bankers from Düsseldorf were the ultimate patsies in Wall Street’s con game—pile up quickly as Michael Lewis investigates German attitudes toward money, excrement, and the country’s Nazi past, all of which help explain its peculiar new status.

http://www.vanityfair.com/business/features/2011/09/europe-201109

Filed under Economy Dummkopf!

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NBC’s Today Wonders

From our zap-pa dapa do, yahda yahda yahda file

…Here we go again

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Lauer challenged Gibbs on the President’s supposed plan to fix the economy: “This idea that the President says he’s got this new plan to jump-start the economy….where was this plan a month ago when we were in the middle of the deficit, you know, debate, the debt ceiling debate? What is new here? And why should people believe it’s going to work?”

http://www.mrc.org/biasalert/2011/20110816123243.aspx

Filed under From our zap-pa dapa do, yahda yahda yahda file ...Here we go again NBC today fix economy work debate

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