Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
... its the job of the monetary authority to regulate the behavior of commercial banks creating purchasing power and to accommodate the needs of the fiscal authority. Since the Eurozone was created with a central bank uninterested in doing its first job, unwilling to do its second, and in any event without a Eurozone fiscal authority for it to accommodate ...

... the devil makes work for idle hands.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sun May 8th, 2011 at 08:01:36 PM EST
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