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Canada Comes Out Swinging Against Bank Tax

Canada launched a full-court press against the idea of a global bank tax Tuesday, as the prime minister and four senior cabinet members came out strongly against a proposal that's gathering global steam Prime Minister Stephen Harper said a proposed international bank tax would unfairly penalize w... Read more...

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Ex-Bundesbank Chief Says Greece Will Never Repay Debt, Says Bailout All About “Rescuing Banks And Rich Greeks”

Finally someone speaks the truth. In an interview with Spiegel Magazine, former Bundesbank chief Karl Otto Pohl, says it how it is: "Without a "haircut," a partial debt waiver, [Greece] cannot and will not ever [repay its debt]. So why not immediately? That would have been one alternative. The Eur... Read more...