Slovakia rejects European bailout plan

Slovakia holds up European bailout plan – Oct. 11, 2011.

But government is expected to fall and the new Slovakian PM could call for a new vote.

This event may trigger a retreat in the markets tomorrow.

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Who will rescue us?

http://www.nytimes.com/2011/09/16/business/global/borrowing-costs-stubbornly-high-at-spanish-auction.html?nl=todaysheadlines&emc=tha2

The Feds are going to the rescue of European banks, mostly French. As much as I am a confessed francophile, and in my heart France is at the same level of Cuba where I was born, the United States is my country. Isn’t it time to put our own first?

As a note: We are not giving money away but lending at low interest, buying bonds, assets, etc. Still, we should be putting those resources here, at home.