Sunday, July 29, 2012

France And Germany Are Determined To Do Everything To Protect The Integrity Of The Euro Zone


Excerpt from a joint statement by the German chancellor and the French president released on 7/27/2012.

More Breaches Of European Agreements

Grandiose words indeed. Sounds heroic like fighting to the last bullet or to the last drop of blood! Does this include more breaches of European agreements and more violations of the no bailout clause? I think these European political leaders have already done enough damage.

Merkel Adieu

The good news is between September 1 and October 27, 2013 will be the next federal elections in Germany. Ms. Merkel has served as chancellor since 2005. Time for a new chancellor. Unfortunately, her presumptive challenger from the Social Democratic Party, Sigmar Gabriel, is another mediocre German politician.

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