Greeks Riot as Parliament Approves Budget Cuts to Avoid Debt Default
Financial markets breathed a sigh of relief Wednesday after the Greek parliament approved an austerity plan needed to avert default on the nation’s debt: The Dow Jones Industrial Average rose 72.73 points, or 0.60%, to 12261.42, capping the blue-chip measure’s biggest three-day gain since March. . . . Stocks have swung up and down for […]
On the Bright Side, I Doubt the Navy Would Put Smitty in a Luxury Hotel
While I haven’t heard anything today from our fearless Admiral of the Afghan Seas, I presume he’s in some relatively safe and non-luxury billet, while Taliban terrorists are holed up at the best hotel in Kabul: Taliban gunmen and suicide bombers attacked Kabul’s Hotel Inter-Continental in a carefully orchestrated attack that began Tuesday night and […]
VIDEO: Violent Riots Break Out in Athens as Greek Parliament Faces Key Debt Vote
Here is raw video of today’s riots in Athens: Greece has no alternative to passing the austerity plan if it wishes to prevent default on its debt, Reuters reports: Anti-austerity protests turned violent in Athens on Tuesday as the European Union warned Greek lawmakers the country faces immediate default unless they back an unpopular economic […]
VIDEO: Greek Meltdown?
Here are a couple of video reports from EuroNews about this week’s big economic question: Can Greece deal with its debt crisis or will default trigger a global economic meltdown? At the Hot Air Green Room: The good news, such as it is: French banks have reportedly agreed to a plan to roll over Greek […]
Euro-Doom Looming?
The Standard & Poor 500 this week suffered its seventh week of losses in the past eight weeks, and the Dow Jones Industrial Average again closed below 12,000 on Friday. The problem? In a word, Europe: “Everybody is trying to digest how the European debt situation is going to shake out,” said Jason Pride, director […]
Democrats: The Warmonger Party
Today, 149 Democrats voted against defunding Obama’s Illegal War™ in Libya. Our nation now awaits the onset of Code Pink peace protests against such bloodthirsty imperialist warmongers as Nancy Pelosi, Raul Grijalva and Debbie Wasserman-Schultz. U.S. forces will continue their effort to kill Moammar Qaddafi. White House spokesman H.R. Haldeman strenuously denied reports that President […]
Libya: Who, Whom?
“But the bottom line is, whose side are you on? Are you on Qaddafi’s side or are you on the side of the aspirations of the Libyan people and the international coalition that has been created to support them? For the Obama Administration, the answer to that question is very easy.” — Hillary Clinton, June […]
Geert Wilders Not Guilty of Hate Speech
A big victory for free speech in Europe. The courageous Dutchman’s most enthusiastic American admirer Pamela Geller is celebrating. I trust commenters will alert us when Charles Johnson tries to rationalize this latest defeat for his “Eurofascist” smear campaign. UPDATE: Could he possibly be more predictable? Let’s pause first to ask whether anyone did more […]
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