Monday, October 13, 2008

Talk is cheap

Suspicions between European nations will in the long run hurt a sustained and beneficial effect for the citizens living in the European Union.
The bailout of greedy bankers while ignoring the citizens most in need of direct financial help is pitiful.
clipped from www.latimes.com
The European leaders did not put a price tag on the bailout, saying the numbers would be announced in coming days as national governments unveiled details of their efforts. The 27 member states of the European Union -- 12 of which have not adopted the euro -- will consider the proposal at a summit Wednesday in Brussels.
Given the differences in European economies and politics, most experts had viewed a large-scale one-size-fits-all approach as impossible and perhaps even undesirable. Because few details of the programs were disclosed, just how similar the plans are was unclear Sunday night.
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