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Obama is visiting Ireland in a couple of weeks - just after the Queen.  I wouldn't be surprised if some deal is done for Ireland to borrow from the Fed - and thus bypass penal ECB interest rates and the attempt to force Ireland to increase corporate tax rates - an increase which would impact disproportionately on US corporates.  Geithner may find himself trumped by Obama's need for the Irish American vote...

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Sat May 7th, 2011 at 08:02:53 PM EST
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