What Am I Missing Here: Europe’s €30 Trillion Headache

Posted on August 2nd, 2010
European Central Bank

That’s not a misprint—I said “trillion”!

When did this happen?

“European banks have amassed €30 trillion in liabilities and face a serious funding threat over the next two years as authorities withdraw emergency support, according to a new report by Standard & Poor’s.”

Ambrose Evans-Pritchard of the Telegraph writes:

The rating agency said banks are at risk of a vicious circle as sovereign debt fears and financial stress feed off each other. “Banking sector Read More »

What Am I Missing Here? Mexico Opens California Office to Provide ID for Illegals. Here in the U.S.?

Posted on June 4th, 2010
Protests

Our State Department or Department of Homeland Security, if and when Secretary Janet Napolitano ever finds out about this, need to shut down this operation.

According to an article in  the Washington Examiner, Sara Carter reports that the Mexican government has opened a “satellite consular office” on Catalina Island “to provide the island’s illegal Mexican immigrants with identification cards.”

“Mexico apparently has now moved their satellite consular office from the Catalina Island Country Club Read More »

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