Wednesday, 01 June 2011 09:46
'Greece's banks are being hammered by a run on their reserves, leaving the country's main lenders increasingly reliant on the European Central Bank for funding.
The latest figures from the Bank of Greece paint a grim picture, with foreign lenders and individuals withdrawing funds from Greek banks at an alarming rate. Simon Ward, chief economist at fund manager Henderson, likened the situation to Britain's Northern Rock, which was eventually nationalised to save it from collapse.'
Read more: Fears Grow Over Greece Bank Run as Country Seeks Bail-out
Wednesday, 01 June 2011 09:20
'A full scale attack by EPA and the Army Corps of Engineers to take control of all water from any source whatsoever is under way. What these agencies are attempting is an end run around water and land rights. These agencies are constructing regulations and fictional jurisdictional control.
We cannot depend on our courts or the federal government to reign in and control these agencies as they are both privately owned corporations that masquerade as public service agencies. While congress may express their concerns about the police state actions being constructed, they have no authority or power to dictate what these agencies do under private contract law.'
Read more: EPA and Army Corps of Engineers Plan to Seize Control of All Water
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