Video: Trichet At Davos: "Euro Debt Brainwashing Still A Work In Progress"

Reuters Video - Jan 27 - The debt within the Euro Zone crisis is a ''work in progress'' says ECB President Jean-Claude Trichet in Davos.

What he meant to say...

"We're still trying to get Merkel to sign off on bailouts for everybody, meanwhile somebody needs to turn me loose with the Euro Press.  The Helicopter gets all the publicity, but I could out print that punk from here to Weimar with 2 stops in Zimbabwe for wheelbarrows, paper, ink.  Too much debt, what?  Never heard of that.  Our banks are too leveraged, what?  Basel took care of that.  Last question. Ireland?  Fine Gael can kiss my bank bondholder ass."

Reuters offers a weak translation...

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Here's your European debt solution...don't ask questions...just click...very funny satire...

Comments

[Bill]

We must have a President whose idea of “centrist” policy is not to hand out presents to the right and the left and then altruistically proclaim the benefits of bipartisanship. We need a President who does more than propose “Win The Future” at annual State of the Union addresses without policy follow-up. America requires more than a makeover or a facelift. It needs a heart transplant absent the contagious antibodies of money and finance filtering through the system. It needs a Congress that cannot be bought and sold by lobbyists on K Street, whose pockets in turn are stuffed with corporate and special interest group payola. Are record corporate profits a fair price for America’s soul? A devil’s bargain more than likely.

[Dr. Pitchfork]

Bill if you don't already write for profit or pleasure, you should. Well said. Agree 100%.