US Congress "nutters" risk global finance-UK minister
Sun Jul 24, 2011 8:03am EDT
(Reuters) - Right-wing "nutters" in the United States Congress holding up a deal to prevent a catastrophic debt default are a greater risk to the global financial system than problems in the euro zone, a British minister said on Sunday.
Business Secretary Vince Cable said "irresponsible" people who had been gleefully anticipating the collapse of the euro currency had been confounded after European leaders agreed a second rescue package for debt-stricken Greece last week.
"The irony of the situation at the moment, with markets opening tomorrow morning, is that the biggest threat to the world financial system comes from a few right-wing nutters in the American congress rather than the euro zone," he told BBC television.
Sunday, July 24, 2011
I LIKE THE USE OF THE ENGLISH LANGUAGE
This fellow should be our answer to Nile Gardiner, the Daily Telegraph & Heritage Foundation hack.
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2 comments:
Myself, I don't believe the "world financial system" is particularly laudable nor do I believe the majority of tea partiers have developed even rudimentary foundations for a suitable replacement, nationally or worldwide.
Ken,
I can't see how we can control the banksters without a global regulatory system.
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