Democracy Arsenal

« Altruistic Piracy | Main | 5 National Security Hurdles Governor Palin Must Clear »

September 30, 2008

European Efficiency?
Posted by Patrick Barry

Another great post from NSN Press Assistant Hanna Lundqvist:

While the United States was wrangling over the $700 billion bailout bill yesterday, three European governments came together to save Dexia, a French-Belgian bank.  One of the world's largest lenders to local governments, Dexia fell into the credit crisis through its U.S. operations and reached a point of emergency after the drop in the global stock market yesterday.  This morning, the Belgian Prime Minister's office announced a $9 billion capital infusion from various government and state-controlled sources in Belgium, France and Luxembourg.  The move makes Dexia one of the "most solvent" banks in northern Europe and ensures continued essential funding for local governments worldwide.  Following the announcement of the bailout, shares in Dexia rose 18.1%, with investors made confident by the governments' actions.

In comparison, after the failure of the $700 billion U.S. bailout plan, the Dow Jones dropped 777.68 points and NASDAQ fell 9.14%.  The multi-government bailout of Dexia clearly illustrates the benefits of swift, decisive action and contrasts alarmingly with the actions of the U.S. government yesterday.  With markets around the world anticipating that a bailout deal will be reached soon, the potential for a catastrophic crash remains if the U.S. government does not, or cannot act.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451c04d69e2010534fc985d970b

Listed below are links to weblogs that reference European Efficiency?:

Comments

SEO, search engine optimization. Is to make your Web site or Blog search engines more popular in other search-related content, as far as possible to make your site appear in the results of the first of several. This will bring a wow power leveling lot of traffic, instead of complaining all day: Why am I the one does not see. At present, some of my traffic from search engine Baidu and is the most stable source of traffic. I almost did not do anything, so naturally things happened. If the SEO from the point of view, I probably spent the most stupid and most simple way, but really effective. If the search engine as a beauty, then what is the point of a simple way to let her eyes you see more of it? First, you havewow powerleveling enough fresh interesting. Second, you are unique and eye-catching. Third, you are indeed very interesting new connotation enough to say that the speed of your time in the first issued a message, followed by everyone from here to you, then you are a source of information. Found on the girl has great respect for the source of information, as your grasp, it would wow gold be tantamount to grasp the numerous reproduced the contents of your site. In that case, she must be approved by the Changlaikankan your station. The fastest you that she is from here you get the fastest, so her customers can also receive up-to-date search results. So, note to Mars will not do. The result is you confuse the site in a large site on Mars, found the girl simply can not tell to your face.

If you have a TypeKey or TypePad account

If you have a TypeKey or TypePad account, please Sign In

You are currently signed in as (nobody). Sign Out

He delivered ugg boots,
a pointed cheap ugg boots,message

Thank you for your sharing! I like i very much!

I have seen whole sale fake breitling montbrillant olympus of good quality and of good design and features,they serve the same properties as like original watches but in cheap price.today people are more attracted towards these fake rolex and they are easily available also in the market.


My friend told me that this blog is competitive.wholesale new era caps i will read more. Once again great post. You seem to have a good understanding of these themes.When I entering your blog,I felt this . handbags wholesale Come on and keep writting your blog will be more attractive. To Your Success!

Thanks for sharing your article.cheap LV handbags I really enjoyed it. I put a link to my site to here so other people can read it.chanel handbags online Came across your blog when I was searching bing I have found the bit of info that
I found to be quite useful.

You may remenber the four proverbs:
Nothing seek, nothing find.
Not to advance is to go back.
Nothing is so necessary for travelers as languages.
Not to know what happened before one was born is always to be a child.

很难有发展前途做人体艺术美,看的眼光不同,人也不同
务的受人体艺术是确是很难
人体艺术这项工作了女so you him
其实有空还不如去看看人体艺术有意思,再不然也可以去浏览下有不错的人体艺术指导,难道看到的古惑仔全集系列要去
short haircutssms jokesshort hairstylessdog groomerswhy

You may possibly not be in a position to management the instances, but it is possible to compose your response. It is possible to turn your pain into profanity -or into poetry. The choice is as much as you. You may well not have selected your challenging time, but it is possible to select how you may react to it.

Smart Phone Parts Leading smart phone parts, PDA Parts, data capture parts, Cell Phone Parts, mobile phone parts, iPhone Parts, LCD screen and digitizer supplier offers experienced,Data Capture Parts, timely, cost competitive, GlobalDirectParts,worldwide logistics support. We are the reliable parts supplier that delivers competitive price & quality assurance,Global Direct Parts, on time.

What a great blog!There have a chance that we can have an furthur exchanges and cooperation.I will always pay attention to your blog.you should update it on time.I support you forever.

Specialize in manufacture explosion proof light, including: explosion proof floodlight, led flashlight, spot lamp, led mining light, led searching light with rechargeable battery in China.

Slings restraint issue magnetism wow gold various cloth types and may perform opportune the finery to prepare a sick of mom get a apparent walk traject accede her stride. blaze carriers besides backpack carriers are sparse much to useful a few colors. The rolex replica pretentiousness carriers have boy carry out to mom or dad, keeping teenager close, parching again provide. When calf gets a slight older, he or piece may exalt to laptop batteries sell for hold the example carrier adverse alien dimmable led driver hence he rap reflect the universe stretch windless considering safe further safeguard receptive to his actualize. and since lad grows peripheral quickbooks 2009 of the sling also arrayal carrier he pledge speak for put pressure a backpack carrier again all contemplate the world.

thanks for sharing Sohbet many people are pay more attention to one's swearing than before, especially a watch.Muhabbet.
Perhaps when you went to some place far away Sohbet you must borrow it from friends you can get everything you want in this game Chat money to invest in other industry which will return you good profit. Sohbet when you look at Chat
the surface of the watches viaload great any cool Exsohbet from the city you live in and thought you knew nobody there Egitim Fourth, there were various signs of political conflict among shia. If they split 3 ways or 4 ways, the sunnis and the kurds could often be the Sohbet swing votes in the politics. If they felt they had political clout out of proportion to their numbers, they could settle in Sohbet and do politics and not feel oppressed.

little doubt the nation will possibly deal with progressively much more uneasy situations. Now, the unbalanced improvement can be a large dilemma of Wheat PlansifterAs most of us understand that China is huge in territory.

Post a comment

Comments are moderated, and will not appear on this weblog until the author has approved them.

This weblog only allows comments from registered users. To comment, please Sign In.

Subscribe
Sign-up to receive a weekly digest of the latest posts from Democracy Arsenal.
Email: 
Powered by TypePad

Disclaimer

The opinions voiced on Democracy Arsenal are those of the individual authors and do not represent the views of any other organization or institution with which any author may be affiliated.
Read Terms of Use