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Post by avordvet on Sept 26, 2012 4:52:10 GMT -5
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Post by Michael Downing on Sept 26, 2012 10:39:30 GMT -5
Ashes, ashes we all fall down... (Reuters) – Violent protests in Madrid and growing talk of secession in Catalonia are piling pressure on Spanish Prime Minister Mariano Rajoy as he moves closer to asking Europe for rescue money. In public, Rajoy has been resisting calls from bankers at home and the leaders of France and Italy to move quickly to request assistance, but behind the scenes he is putting together the pieces to meet the stringent conditions for aid. With protesters stepping up anti-austerity demonstrations, Rajoy presents painful economic reforms and a tough 2013 budget on Thursday, aiming to persuade euro zone partners and investors that Spain is doing its deficit-cutting homework despite a recession and 25 percent unemployment. Figures released on Tuesday suggested Spain will miss its public deficit target of 6.3 percent of gross domestic product this year, and on Wednesday the central bank said the economy continued to contract sharply in the third quarter... On Friday, Moody’s will publish its latest review of Spain’s credit rating, possibly downgrading the country’s debt to junk status. On the same day, an independent audit of Spain’s banks will reveal how much money Madrid will need from a 100 billion euro ($130 billion) aid package that Europe has already approved for the banks. randysrightiii.wordpress.com/2012/09/26/breaking-violent-protests-swirl-in-spain-as-regions-see-the/
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Post by Cujo on Sept 26, 2012 14:14:18 GMT -5
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Post by stoner44magnum on Sept 26, 2012 14:33:51 GMT -5
Yet the sheeple still refuse to give up their "freebies"..... Looks like the marxist brainwashing has worked perfectly. Hang on folks, it's going to be an interesting ride.
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