Door-to-Door May Drive Irish Towards Yes Vote in Referendum on Merkozy Pact. In a hard-fought battle to convince Irish voters to back Europe’s unpopular fiscal discipline treaty, Ireland’s deputy finance minister has the task of convincing the leafy Dublin suburb of Templeogue. Going door-to-door, Brian Hayes faces scepticism and occasional abuse. One constituent calls him [...]
Fear vs. Anger: Door-to-Door Fear-Mongering in Ireland on Merkozy Referendum; Expect Fear-Mongering in Greece as Well
First Time Ever – Majority of Unemployed Have Some College Education; Five Solutions to Education, Student-Loan Crisis
Fear vs. Anger: Door-to-Door Fear-Mongering in Ireland on Merkozy Referendum; Expect Fear-Mongering in Greece as Well
May 20th, 2012 First Time Ever – Majority of Unemployed Have Some College Education; Five Solutions to Education, Student-Loan Crisis
May 20th, 2012 Those who think the answer to the unemployment problem is more education might be surprised to learn the Majority of Unemployed Attended College. For the first time in history, the number of jobless workers age 25 and up who have attended some college now exceeds the ranks of those who settled for a high school [...]
Apparel Sales by Price and Volume Provide Interesting Viewpoint
May 19th, 2012 Reader Tim Wallace provides an interesting chart of apparel sales in the US by price and by unit volume. In this case, volume is likely the more telling statistic. click on chart for sharper image Tim writes … Hi Mish As always, I am watching imports, especially with fascination the apparel imports. In the attached [...]
Italy Deploys 20,000 Law Enforcement Officers to Protect Individuals and Sensitive Sites; Anecdotes From Italy via Canada: Taxed Out of House and Home
May 19th, 2012 Italy Deploys 20,000 Law Enforcement Officers to Protect Individuals and Sensitive Sites The Atlanta Journal Constitution reports Italy deploys 20,000 to protect sensitive targets Italy increased security Thursday at 14,000 sites, and assigned bodyguards to protect 550 individuals after a nuclear energy company official was shot and letter bombs directed to the tax collection agency. [...]
Merkel to Approach Greece with "Growth Proposals" while Asking for Referendum on Euro; Elections Provide Yet Another Attempt to Snatch Defeat From Jaws of Victory; New Democracy Leads Latest Poll
May 18th, 2012 Greek elections are set for June 17th following the impasse of the last election where no majority government formed. The “Destroy Greece to Save the Euro” clowns led by German Chancellor Angela Merkel are out in force hoping to turn the vote into a direct referendum on the Euro. The election is of course a [...]
Spanish Bad-Loans Ratio at 8.37 Percent, a 17-Year High; CDS at Record High; Bankia Suffers Huge Losses Purchasing 15.5 Million Its Own Shares to Stabilize Price; Spain Hires Goldman Sachs to Value Bankia
May 18th, 2012 It’s time for another roundup on Spain. Every day is time for another roundup on Spain. Today’s report is on bad loans, and complete foolishness at Bankia buying its own shares hoping to stabilize its price. Spanish Bad-Loans Ratio Hits 8.37 Percent The Wall Street Journal reports Spanish Bad-Loans Ratio Hits 17-Year High Bad debts [...]

