…they’re still just under 600 basis points over German bunds (as of 6am this morning).) Furthermore, the EU came out with a statement that reiterates the exclusion of outstanding debt…

by Linda Beale cross posted with Ataxingmatter Bank Tax: France, Germany and UK, but where’s the USA? On June 23, the big three Euro countries–France, Germany, and Britain–agreed to tax…

Morning AB link: Marshall Auerback on BNN: (click on picture for video link; it takes a bit to load)…

…them.) 2.Obama’s proposed chained-CPI cut would typically reduce benefits for 3 percent, and by as much as 6 percent for some recipients. 3.The White House’s decision to label this cut…

…also added the final two sentences. The post is a followup to a post from earlier Friday. I’ve also created an additional label: mainstream-journalism gimmickry. I’ve left the original rather…

…and since then, models have proliferated, transforming the name “Smith and Wesson .38” into a generic label for a particular style of gun, even clones that aren’t made by Smith…

…engaging in related to the so-called “fiscal cliff” created by the original Bush tax cuts (set to sunset en masse), the artificial debt ceiling (used by the GOP to exact…

…the right to set the tone of the dialogue by letting them label the current situation. We aren’t facing a “fiscal cliff”, he notes, but rather an “austerity bomb”. [The…

…not only a great read but also a revealing informational source on the changes in the American polity, she does note the label he attaches to the right-wing resurgence (“breadwinner…

…still be some private label issues and they will be crowded out and, more importantly, the whole point is to get more mortgages written (either for new purchases or refinancing)….