Investors Prepare for Euro Collapse: Currency’s Days Seen Numbered – Der Spiegel  “Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar’s structure isn’t in doubt.”

Executive Branch Porn Problem: Bureaucrats Risk National Security Breaches – Washington Times  “The Colombia scandal was the president’s wake-up call. The White House needed to order an in-depth and urgent investigation into porn, child porn and prostitution in all government agencies. Mr. Obama did no such thing. Now America’s Missile Defense Agency may be exposing the core of our national security. So grave and unpatriotic is this violation, it might border on treason. Yet Mr. Obama remains unconcerned. Members of Congress are so alarmed by the president’s behavior that they recently passed an amendment preventing the administration from sharing missile-defense technology with Russia. The Missile Defense Agency may have done so already.  Thomas Jefferson once said he feared for his country when he reflected that God was just. I, too, fear for my country. No one is home in the Obama White House, and the Russians know this. Allen Dulles must be rolling in his grave. Americans should be extremely concerned.”

Summer Heat Flummoxes the World’s Central Bankers” – Forbes  “The summer heat seems to be addling economic brains on both sides of the Atlantic. … Europe does not have a liquidity crisis.  Like the U.S., Europe is swimming in liquidity.  Rather, Europe has an economic crisis that has spawned a financial crisis.  Years of low-to-negative economic growth rates have rendered sovereign nations like Greece, Spain, and Italy insolvent, and therefore unable to borrow at sustainable interest rates to cover their budget deficits. Because European banks hold huge volumes of now-questionable government debt, the sovereign solvency crisis has produced a bank solvency crisis.  This has prompted the calls for the ECB to bail out both the heavily indebted nations and the European banking system by printing money and buying up government bonds. Mario Draghi, the president of the ECB, is supposedly ‘working on’ a plan to do just this.”

MEGA Rich Billionaire George Soros, 82, Is Set to Get Married Again – to His Girlfriend Who Is Less Than Half His Age – The Sun  No further comment needed!

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