Welcome United States of EUROPE

The euro, the common EU currency, has been around for 12 years and things are not going well. Some say the EU "has 10 days at most" to avoid collapse. One proposed idea to solve the fiscal crisis would have countries cede some control over their budgets to a central European authority. YIPE!! Another United States.  The proposal calls for a fiscal union of the euro countries and the creation of a powerful common treasury.

Unlike the United States, which has centralized institutions in Washington for raising taxes and spending money, the euro nations have 17 independent treasuries with little oversight from Brussels, the headquarters of the EU.

Germany and France fearful of encountering increased problems from weaker countries, have promised to propose measures that will make the 17 euro countries operate under strict and enforceable rules, so that no single country can wreak continent-wide damage. Last week, Germany tried to auction $8 billion worth of its national bonds but it could persuade investors to buy only $5.2 billion. 


Among the 10 countries who did not adopt the EU currency includes; Britain, Poland, and Sweden.


Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/11/28/international/i091441
S92.DTL&ao=2#ixzz1f3dICOVV

Republicans Pass a Jobs Bill

Republicans said they wanted to pass H.R. 1904 because it was a jobs bill for Arizona. The Republicans stated the bill would create 500 jobs and up to 3,000 jobs later. The crux of the bill is that Arizona sells some federal  Indian land in exchange for a larger plot of non-federal land. The rights to the sold Indian land would go to two foreign countries, Britain and Australia and they would get the rights to the largest amount of copper known in the northern hemisphere. The issues about where the copper will be processed and whether the US had workers for this mine were poorly addressed. The large foreign mine operations will be digging over 7,000 feet below the surface. There was no mention as to how far down they could go (I assume to the center of the earth) and there was also no mention as to how far they could tunnel.
As a jobs bill, this seems pretty poor for the US, since I doubt we have 3,000 copper miners to fill these jobs. I assume foreign workers will come and get the jobs created. In addition, these foreign countries have the technology to use robots and exclude workers. There were no provisions in the bill that humans had to be employed. There was also no mention in the bill that the US got any of the copper profits over the many years to come. The Republicans did state the US has no facilities to process the copper, so all of the processing jobs will be abroad.
Oh, and the Indians who live on the land will not be consulted until after Congress gave the OK to go ahead with the project.
If we imagine that all was well with this bill and 3,000 jobs would be created, the jobs would not appear for years. we need jobs now. In one to three years, we should be in a recovery and all of this loss of our precious mineral resource will be too late to fit the alleged plan.
The Republican bill passed and now sits in the Senate.
Clearly, this was a payola scam on the American people.