27-Oct-11 World View -- European leaders fail to agree

[John]

27-Oct-11 World View -- Financial crisis summit meeting of European leaders fails to agree on anything

More evidence that Pakistan's ISI supports Taliban terrorists

** 27-Oct-11 World View -- Financial crisis summit meeting of European leaders fails to agree on anything
** http://www.generationaldynamics.com/cgi ... 27#e111027


Contents:
Saif al-Islam Gaddafi reportedly will turn himself in to the ICC
More evidence that Pakistan's ISI supports Taliban terrorists
Sharia law and 'Islamic Democratic' identity
Police and 'occupy' protesters clash in Oakland violence
Financial crisis summit meeting of European leaders fails to agree on anything
Dutch finance minister blames the 'Anglo-Saxon press'
Catholics vs Protestants in European fiscal crisis


Keys:
Generational Dynamics, Libya, Saif al-Islam Gaddafi, Muammar Gaddafi,
International Criminal Court, Pakistan, Inter-Services Intelligence,
Bruce Riedel, Taliban, Max Boot, Sharia Law, Oakland,
Occupy Wall Street, Nicolas Sarkozy, Angela Merkel,
EFSF, Greece, Jan Kees de Jager, Holland, Catholics, Protestants,
Abie Philbin Bowman, Cardinal Joseph Ratzinger, Pope Benedict XVI

[Tom Acre]

Buried lede of the day:

From http://www.ft.com/cms/s/0/b4f9d128-004c ... z1bzUzombc

Headline:
EU reaches agreement on Greek bonds

Closing paragraph:

Pierre Gave, head of research at Gavekal, a Hong Kong-based research group, said the Greek deal was “big on words but short on detail”.

“To me it seems like we don’t really have a lot of detail. What is this, the 14th meeting in the last 20 months? I think it’s just more of the same. Europe is going to continue to muddle through but we won’t know the end-game until a year or two from now, whether we will move towards a full-scale fiscal federation or whether we will move to a breakdown of the euro experiment.”

Result:
Markets rocket toward the stratosphere

[John]

The Rube Goldberg nature of this agreement is almost beyond belief -- except that
nothing is beyond belief these days.

[Tom Acre]

These so called "financial experts" have less sense of probability than a half-blind sot shooting craps in a skidrow alley. OTOH, they are using other people's money and do have "get-away-cars".