links for 2011-09-10
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"it is now clear, pursuant to official doctrine, that "America's wars are unending and any talk of peace is quixotic or naive," all as part of "America’s embrace of endless war in the 10 years since Sept. 11, 2001.""
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Record low interest rates are taking their toll on savers trying to get a return on their cash.
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"The Euribor-OIS spread, a measure of banks’ willingness to lend to each other, reached the widest level in 2 1/2 years, a sign of mounting financial-market tension in the euro area."
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"Axed Yahoo boss pulls no punches as she tells Fortune magazine of 'worst board in the country'"
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"Europe is again on the precipice. The most recent Greek rescue, put in place barely six weeks ago, is on the brink of collapse. The crisis of confidence has infected the eurozone’s big countries. The euro’s survival and, indeed, that of the European Union hang in the balance"
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"On an annualized basis, the economy contracted 2.1 percent, against a 2.2 percent fall expected by economists."
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"German Finance Minister Wolfgang Schaeuble told parliament in Berlin on Thursday it was "up to Greece as to whether it can fulfill the conditions that are necessary for membership in the common currency"."
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"The top German official at the European Central Bank is to quit early in disagreement with the bank's policy of buying euro zone government bonds to combat the currency bloc's debt crisis."
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