Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist

Thursday, November 10, 2011

New York Times: Silvio Berlusconi

New York Times: Silvio Berlusconi


Updated: Nov. 7, 2011

Silvio Berlusconi has dominated Italian political life since he was first elected prime minister in 1994, just as his television empire Mediaset has helped shape the country’s imagination over a generation. He is now in his third term, although the terms were not consecutive.

In the fall of 2011, there was a widespread belief in Italy that the Berlusconi era was coming to an end. Markets sent the cost of the government’s bonds to their highest level since the introduction of the euro, as fears rose that Italy would become the next — and by far the biggest — casualty of theEuropean sovereign debt crisis.
Mr. Berlusconi promised deep budget cuts and sweeping reforms. But weakened by a series of legal cases and sex scandals, along with the defections of some key allies, Mr. Berlusconi seemed unable to deliver more than a fraction of this deeply unpopular agenda.

Facing ridicule from other European leaders, in November he was forced to take the humiliating step of “inviting’' the International Monetary Fund to look over Italy’s shoulder to ensure that it carries out reforms.
In the eyes of many political observers, Mr. Berlusconi’s government was surviving only because his rivals had not yet concluded that they would be better off with him out of power. He faced a pivotal vote of confidence on Nov. 8.

Background

Mr. Berlusconi first came to power after a huge bribery scandal brought down the established political order, in which the Christian Democrats, Socialists and Communists for decades presided over a jobs-for-votes system that helped build up the public sector. He served a year.... http://topics.nytimes.com/top/reference/timestopics/people/b/silvio_berlusconi/index.html?inline=nyt-per


Highlights From the Archives

Prime Minister’s Escapades Finally Raise Eyebrows
Prime Minister’s Escapades Finally Raise Eyebrows
The debate over Silvio Berlusconi is not just about sex, but critics say, reflects an inattention to Italy’s deep problems.
May 29, 2009WORLDNEWS

Articles

Newest First | Oldest First
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Berlusconi Dismisses Resignation Reports
Berlusconi Dismisses Resignation Reports
On the eve of a critical parliamentary vote, the Italian prime minister called reports of his imminent resignation baseless.
November 7, 2011
MORE ON SILVIO BERLUSCONI AND: EUROPEAN SOVEREIGN DEBT CRISIS (2010- )ITALY
    Greece and Italy Sink Under Turmoil as Euro Crisis Widens
    Greece and Italy Sink Under Turmoil as Euro Crisis Widens
    The prospect of a new transitional government in Greece and signs that Silvio Berlusconi’s hold on power in Italy was weakening did little to reassure investors.
    November 7, 2011
      Italy Agrees to Allow I.M.F. to Monitor Its Progress on Debt
      Acceding to pressure from European leaders, Italy will allow the International Monetary Fund to look over Rome’s shoulder to ensure it is carrying out a $75 billion dollar austerity package.
      November 4, 2011
        The European Debt Crisis and the G-20 Summit Meeting
        Is this week's summit meeting of leaders of the Group of 20 likely to stabilize the world economy? No, an economist writes.
        November 03, 2011
          Italy Strains to Resist the Tug of the Debt Whirlpool
          Italy Strains to Resist the Tug of the Debt Whirlpool
          Italy’s cabinet said it would seek parliamentary approval for “urgent measures” to prevent the country from being dragged deeper into the widening European debt crisis.
          November 2, 2011
            The Spotlight Now Shines on Italy - Common Sense
            The Spotlight Now Shines on Italy - Common Sense
            It is up to Silvio Berlusconi to keep Italy from becoming another Greece and plunging the world into an even more devastating financial crisis.
            October 29, 2011
            MORE ON SILVIO BERLUSCONI AND: EUROPEAN SOVEREIGN DEBT CRISIS (2010- )ITALY
              Calling Bankers’ Bluff, Merkel Won Europe a Debt Plan
              Calling Bankers’ Bluff, Merkel Won Europe a Debt Plan
              In the end, it was Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France against the European banking establishment — and the bankers blinked.
              October 28, 2011
                For Italy, Berlusconi Is a Problem but Also a Solution
                For Italy, Berlusconi Is a Problem but Also a Solution
                Prime Minister Silvio Berlusconi has promised fellow European leaders wide-ranging changes to get Italy’s economy back on track, but it is not clear that he has the political clout to enact them.
                October 28, 2011
                  German Lawmakers Back Merkel on Euro Rescue Measures
                  German Lawmakers Back Merkel on Euro Rescue Measures
                  The Bundestag authorized the German chancellor to negotiate measures including an expansion of the powers of the euro area rescue fund and measures designed to reduce bank risk.
                  October 27, 2011
                    Europe Agrees to Basics of Plan to Resolve Euro Crisis
                    Europe Agrees to Basics of Plan to Resolve Euro Crisis
                    European leaders made significant progress in resolving the euro zone financial crisis, obtaining an agreement from banks to take a 50 percent loss on the value of their Greek debt.
                    October 27, 2011
                      Europe Faces New Hurdles in Debt Crisis
                      Europe Faces New Hurdles in Debt Crisis
                      On the eve of a European Union summit meeting, crucial financial measures were still unresolved.
                      October 26, 2011
                        Italian Cabinet Meeting Called Under Pressure Yields Silence
                        Italian Cabinet Meeting Called Under Pressure Yields Silence
                        Prodded by fellow European leaders for his inaction on Italy’s fiscal problems, the prime minister produced what appeared to be more inaction.
                        October 25, 2011
                          New Unease for Europe’s Rescue Plan
                          Fears are growing that the latest rescue will be another minimal step that falls short of a solution.
                          October 25, 2011
                            Leaders Say Progress Made in Dealing With Euro Crisis
                            Leaders hope the seriousness of their effort to solve the problems of Greek debt, weak banks and a bailout fund in need of reinforcement will ease the markets on Monday.
                            October 24, 2011
                              Berlusconi Chooses Ignazio Visco to Head Bank of Italy
                              Berlusconi Chooses Ignazio Visco to Head Bank of Italy
                              Ignazio Visco, currently the No. 3 official at the bank, was nominated to replace Mario Draghi as bank governor, just days before Mr. Draghi is to take over as president of the European Central Bank.
                              October 21, 2011

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                              Westminster Maryland Online: One-year anniversary of the five-commissioner form...

                              Westminster Maryland Online: One-year anniversary of the five-commissioner form...: One-year anniversary of the five-commissioner form of government approaching in Carroll County Kevin Dayhoff November 9, 2011 ...

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                              Kevin Dayhoff Soundtrack: http://kevindayhoff.blogspot.com/ = http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://kevindayhoffart.blogspot.com/ or http://kevindayhoffart.com/ = http://www.kevindayhoff.com/ Kevin Dayhoff Westminster: http://kevindayhoffwestgov-net.blogspot.com/ or http://www.westgov.net/ = www.kevindayhoff.org Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/ = www.newbedfordherald.net Explore Carroll: www.explorecarroll.com The Tentacle: www.thetentacle.com

                              John Hawkins: 5 Myths Helping to Drive Occupy Wall Street

                              5 Myths Helping to Drive Occupy Wall Street


                              John Hawkins is a professional blogger who runs Right Wing News

                              October 25, 2011


                              Occupy Wall Street is a lot like Barack Obama's 2008 campaign. It's so vague that everyone sees what he wants to see in the protests. Some people hate the bailouts, others want free stuff, some are mad about jobs being shipped overseas, others are old hippies hoping for a sixties’ revival and that's before you even start talking about the Communists, Nazis, anarchists, and wannabe revolutionaries.

                              Even though Occupy Wall Street is sort of a smellier, dirtier, less focused, more violent bizarre-world version of the Tea Party, some of the people attending the protests do mean well -- and they do have at least one legitimate grievance. Both parties in power gave the thumbs up to TARP and the bailouts, which were really little more than "heads, we win; tails, the taxpayers lose" crony socialism. Whether it's banks, big agriculture, solar firms, General Motors, or Chevrolet, big business shouldn't be given our tax dollars. If they can only make it with an infusion of taxpayer dollars, then it's better for the country in the long run if they don't survive.

                              That being said, since the Democratic Party is running a 2012 campaign centered around one of the Seven Deadly Sins, envy, it has worked hard to create a number of myths that someone needs to address… http://townhall.com/columnists/johnhawkins/2011/10/25/5_myths_helping_to_drive_occupy_wall_street/page/full/

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                              LEO SHANE III - Stars and Stripes: Where veterans are finding jobs

                              Where veterans are finding jobs


                              Stars and Stripes

                              Published: November 8, 2011

                              WASHINGTON — First, the bad news: More than 850,000 veterans are unemployed, and more than a quarter of them are young veterans.

                              But here’s the good news: More than 1.7 million recently separated veterans and 8.6 million other former servicemembers are collecting paychecks in the civilian workforce. So it can be done, even with the depressed (and depressing) job market.



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                              Douglas A. McIntyre – 247WallSt.com: Financial Gap Between Germany and France Widens

                              Financial Gap Between Germany and France Widens

                              Douglas A. McIntyre

                              Posted: November 7, 2011


                              Yet, to make matters worse, you can now add France to the growing “list of countries with troubled financial situations.” …

                              Germany and France are the twin towers built to support Europe’s dwindling financial strength. That has changed rapidly, and Germany is left to stand alone. That will alter the balance of power in the eurozone. It also will put one more nation in the region — France — on the list of countries with troubled financial situations. Read more: http://247wallst.com/2011/11/07/financial-gap-between-germany-and-france-widens/?utm_source=247WallStDailyNewsletter&utm_medium=email&utm_content=NOV072011A&utm_campaign=DailyNewsletter

                              For More: November 9, 2011 The Long-Term Fear Factor Kevin E. Dayhoff
                              Recently the political turmoil in Italy and Greece, France’s increasing financial troubles, and the lack of leadership in Europe and the United States, are slowly edging the planet from an economic crisis to a long-term fear factor… http://www.thetentacle.com/ShowArticle.cfm?mydocid=4735




                              Douglas A. McIntyre – 247WallSt.com: Financial Gap Between Germany and France Widens





                              Read more: Financial Gap Between Germany and France Widens - 24/7 Wall St. http://247wallst.com/2011/11/07/financial-gap-between-germany-and-france-widens/#ixzz1dL7Hj77I


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                              CHRIS CARROLL: Stars and Stripes: Hire veterans, Panetta urges business execs

                              Hire veterans, Panetta urges business execs


                              Published: November 8, 2011

                              WASHINGTON – U.S. troops have sacrificed for their country, and now it’s time for the country to give a little back as troops leave the military – not handouts, but job opportunities, Defense Secretary Leon Panetta said Monday at a forum with business executives.

                              Panetta met in New York with CEOs of major corporations including Goldman Sachs and Bank of America, as well as nonprofit and civic leaders.

                              Several factors are converging to put the squeeze on veterans, he said. The military is set to shrink in the face of wars that are ending and a looming Pentagon budget crunch. Meanwhile, a depressed civilian job market means 11 percent of returning veterans can’t find jobs, Panetta said. And twice that percentage of vets younger than 24 are unemployed.



                              CHRIS CARROLL: Stars and Stripes: Hire veterans, Panetta urges business execs

                              The Heritage Foundation - Derek Scissors, Ph.D. and J.D. Foster, Ph.D.: Avoiding America’s Lost Decades

                              Avoiding America’s Lost Decades



                              October 18, 2011


                              The warning bells were sounded in early 2009: The U.S. government had to act swiftly and forcefully to avoid repeating Japan’s painful experience of sustained economic stagnation.[1]The Obama Administration’s policies have failed to this point, and Japanese-style long-term stagnation may well ensue unless a fundamental course correction and decisive steps are taken. The two most important steps are to halt the federal government’s regulatory onslaught and to put the federal budget on a credible path toward balance by cutting spending quickly and steadily.

                              Japan’s Fall

                              It is hard to exaggerate the shift in Japan’s fortunes over the past two decades. The Japanese economic miracle lasted over 40 years and saw the country climb out of true devastation from World War II to have the globe’s second-largest economy, as measured by gross domestic product (GDP). Many observers thought it was only a matter of time before Japan replaced the United States as the world’s leading economy.

                              How times have changed. The conventional wisdom now is that Japan suffered a “lost decade.” Actually, it has been almost two decades, and there is no end in sight to the stagnation. In 2010, the Japanese economy looks to have been smaller than it was in 1992, an incredibly poor result. It is not just a matter of a decline in output; it is also a remarkable decline in total wealth. In 1991, excluding micro-states like Luxembourg, Japan was the fourth-richest country in the world as measured by GDP per capita. In 2010, it was no longer in the top 20, was below the OECD average, and would have likely fell further but for Europe’s own economic troubles.[2]http://www.heritage.org/Research/Reports/2011/10/Avoiding-Americas-Lost-Decades

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                              Wall Street Journal HEARD ON THE STREET: China Easing Into Pro-Growth Mode


                              NOVEMBER 8, 2011

                              China Easing Into Pro-Growth Mode


                              Are China's liquidity taps being turned quietly back on?

                              At the end of October Premier Wen Jiabao signaled a reorientation of China's policy stance, promising fine tuning to support growth. So far, the main moves have been in fiscal policy, with tax breaks to support small business. The evidence of a concrete shift in monetary policy has been thin on the ground. But under the surface, there are signs that policy wheels are starting to turn.


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