Sunday, July 31, 2011
Stalemate in Washington as clock ticks
Less than 24 hours after the US Senate rejected a Republican plan to end the country's debt stalemate, the House has returned the favour, throwing out a Democrat bill.
Optimists say this opens the way for real negotiations to avoid a catastrophic default.
But frustration is clearly growing.
Democratic Representative Sander Levin commented to the House: "This is a disgraceful moment. What you're doing with this bill is to undermine thew chances for compromise. That's what you're doing."
Optimists say this opens the way for real negotiations to avoid a catastrophic default.
But frustration is clearly growing.
Democratic Representative Sander Levin commented to the House: "This is a disgraceful moment. What you're doing with this bill is to undermine thew chances for compromise. That's what you're doing."
On The Edge - The Pan Asian Gold Exchange
by PressTVGlobalNews on Jul 30, 2011
http://www.presstv.com/Program/191483.html
In this edition of On the Edge, Max Keiser interviews Ned Naylor-Leyland from Cheviot Asset Management about the new Pan Asian Gold Exchange (PAGE), and what it means for global currency and commodities markets.
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