Daily Archives: September 12, 2012

The European Stability Fund (ESM) was due to take effect in July and proposed as a backstop to protect the debt crisis from spreading by providing loans to troubled euro zone members. It was designed to replace the European Financial … Continue reading →

Nigel Farage MEP, Leader of the UK Independence Party speaking in the European Parliament, Strasbourg, 12 September 2012 responds to yesterday’s State of the Union address by the President of the European Commission, José Manuel BarrosoHere is a direct link.

For those interested in seeing the truth about the US budget (and other countries now trying to borrow their way to economic strength) this video is simple and to the point. The fiscal solution will require a writing down of … Continue reading →