Sept. 7, 2012
Gov. Jerry Brown cuts pension benefits by $30 billion, says, "We have lived beyond our means… and this is just one in a series of countermeasures that will be required over the next decade."
Obama keeps a lid on his record.
Obama, Biden, Clinton and Lewinsky all get their fail button. Check out ALG's Democratic convention coverage...button in hand.
European banks are using government bonds as collateral to borrow money from the ECB just to purchase more government bonds. And at the same time they are also selling many of these same bonds back to the ECB. Confused yet?