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As the Greek government struggles to get its finances under control rumours persist that the country is on the brink of bankruptcy. The German finance ministry has charged a team of economists to look into the potential harm Greek default could do to the euro zone. It is a scenario Greek Prime Minister George Papandreou wants to avoid at all costs: … www.euronews.net
Video Rating: 5 / 5
****** Important information below. from politico.com ’60 Minutes’ on ” Honest Graft’ CBS’ 60 Minutes went after Speaker John Boehner (R-Ohio), House Minority Leader Nancy Pelosi (D-Calif.), and Financial Services Committee Chairman Spencer Bachus (R-Ala.) in a Sunday story covering allegations of insider trading and “soft corruption” by powerful members of Congress. 60 Minutes based its report, which also focused on former Speaker Dennis Hastert (R-Ill.) and ex-Sen. Judd Gregg (RN.H.), on research by Peter Schweizer, a fellow at the conservative Hoover Institution. Schweizer said he and his team of eight student researchers found “forms of honest graft” by lawmakers. “So it’s not illegal, but I think it’s highly unethical, I think it’s highly offensive, and wrong,” Schweizer told 60 Minutes of what he discovered. Schweizer was a speechwriting consultant for former President George W. Bush and helped write a book with conservative commentator Glenn Beck. He is also listed as the editor of website run by conservative journalist Andrew Breitbart. Schweizer’s official bio at the Hoover Institution says he is a “former consultant to NBC News” and has “also served as a member of the Ultraterrorism Study Group at the US government’s Sandia National Laboratory.” The allegations regarding Bachus, Hastert and Gregg covered by 60 Minutes are several years old and have received extensive media coverage already. Bachus, as ranking member of the Financial Services Committee, traded …
Video Rating: 4 / 5
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