Far from setting a trap for the "wolfpack," Europe's $1 trillion bailout package amounts to a full employment act for speculators, or should that be the reality-based community, for the foreseeable future.
The Great Debate UK
from Global News Journal:
So there's no question Greece has work to do to improve its bookkeeping.
Not only must it get spending in check, but it needs to be a bit more honest about where its finances stand in the first place. After all, it's not often an EU country says one month that its budget deficit is a little over three percent of GDP and admits a few weeks later that, oh dear, it's actually nearer 13 percent.
Political leaders gathered in Dublin to debate both sides of the controversial Lisbon Treaty and the implications it could have on the future of Europe.
So far, Europe has left it up to the United States, Russia and China to send people into space. But almost 50 years after Russia's Yuri Gagarin made his first orbit around the earth, it's about time that Europe finally enter the playing field, some say.