Daily Archives: July 19, 2011

Political Theatre

Posted on July 19, 2011 by Michaela

Republicans and Democrats are still debating a deal to lift the US debt ceiling in order to avoid defaulting on its payments. Congress must raise the $14.3 trillion limit on US borrowing by August 2 or the government will run … Continue reading →

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An old friend’s face

Posted on July 19, 2011 by Michaela

Ann Curry of NBC interviews the Dalai Lama 16 Jul 2011

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On the brink

Posted on July 19, 2011 by Michaela

By Nouriel Roubin The eurozone crisis is reaching its climax. Greece is insolvent. Portugal and Ireland have recently seen their bonds downgraded to junk status. Spain could still lose market access as political uncertainty adds to its fiscal and financial woes. … Continue reading →

Posted in The world we live in Now | Tagged European Central Bank, Eurozone, Greece | Leave a comment

Look on my works….

Posted on July 19, 2011 by Michaela

By George Galloway “Look on my works, ye mighty; and despair!” So said the base of the statue of Ozymandias of Egypt – Ramasses the Great, Pharaoh of the 19th Dynasty of Ancient Egypt – discovered deep under the desert sands … Continue reading →