"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Geithner Killed Plan for Irish to Haircut Their Debt
Submitted by Melinda L. Secor on Sun, 2011-05-08 01:00
in
"The Irish were going to do the sane thing and, for all practical purposes, declare bankruptcy and start life all over. Geithner nixed the deal, which did nothing but protect the banskters and will end up costing Irish and global taxpayers."
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