Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

Showing posts with label Trichet. Show all posts
Showing posts with label Trichet. Show all posts
14 January 2009

ECB to Consider Rate Cut at its Thursday Meeting

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The European Central Bank will be meeting tomorrow to consider a change in the Euro interest rate target. The market widely expects a 50 bas...
19 November 2008

European Union to Unveil €130 Billion Stimulus Plan

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We can only hope that Europe follows the US model and gives the funds to a small group of bankers who, without independent oversight and acc...
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