European finance ministers met today to discuss how to deal with the growing Greek debt crisis, with investors quavering over the due news.
As members of the Euro zone announce their new plan to bailout Spain and turn their back on Greece, Americans can’t help but wonder what this means for those on the other side of the Atlantic.
The Eurozone will eventually collapse, with at least one member nation leaving this year, says the Centre for Economics and Business Research (CEBR), a noted British think tank.
The Euro crisis has thrown into sharp relief the dangers inherent in pooling sovereign authority with other nations for economic advantage. Imagine the loss of control over our own destiny.
A bipartisan proposal to reform federal milk subsidies drew support from a leading dairy farmers group on Monday after it was announced that participation in a component milk supply-control program would be optional. However, another large group, which represents the interests of milk processors as well as producers, remains opposed to the measure.
After spending months squabbling about a budget that turned out to be a train wreck because of the usual wildly over-optimistic revenue estimates, the California legislature is focusing its attention on vastly more important matters, like regulating and monitoring the behavior of the citizenry in all manner of silly, foolish, and intrusive ways.
California ranked dead last in a poll of 556 CEOs asking which state is the best place to do business. While CEOs are certainly not an unbiased lot, they also have considerable say in where to open new facilities. And it appears they would rather be hung upside down than do business in California.
