Tuesday, September 27, 2011

2012, here we come.... (#6)

Dead cats are once more a'bouncing as chatter spreads about a multi-trillion dollar windfall to the European Finances Seriously Fucked (EFSF) fund at some as yet unspecified date in the future.

But lo, who is that yonder complaining that the EU was specifically created in order to undermine the good ol' US of A and that not a penny of hard-earned American money should be 'sent overseas' with the intent of saving the likes of those cheese-eating surrender monkeys once again.

Yes, it's Rep. Cathy McMorris Rodgers (R-WA), Vice Chair of the House Republican Conference, who released a statement yesterday saying that she would oppose any effort increase funding for the International Monetary Fund to be used to bail out European banks.

No matter that the US carries a $17bn vulnerability to Greek sovereign debt, $2bn more than the UK, and a total of $187bn of PIIGS exposure.

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