- GUATEMALA : Court Throws Out Rios Montt Genocide Conviction; Trial Restart Ordered.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
- UKRAINE / EU / RUSSIA : Pressure Builds On Yanukovych; Yulia's Treatment Is Euro 2012 PR Blunder; Putin Backs Kyiv.
- RUSSIA / AZERBAIJAN / DENMARK / EUROVISION 2013 / IMAGES: 21 May UPDATE: Moscow Outraged By Azeri Vote Problems; Denmark Won Finals...That Featured Lesbian Kiss; Germans Blame Poor Showing On Merkel.
- COLOMBIA : Top Pop Singer Shakira...Sued By Ex-Novio...For $100 Million.
- AUSTRALIA / USA : USA Navy Resumes Ship Sinking Exercises.
- MEXICO: The Growing Number Of Narco Women.
- MEXICO/ USA : 11 Oct. UPDATE: Navy Admits Killing Top Zetas Leader Lazcano...Was Accident; 'La Ardilla' Smirks Over His Arrest For Falcon Lake Murder; Analysis Of Calderon's 'Kill The Capos' Plan.
- UKRAINE / GERMANY : Official Blasts Hotels...As 'Bandits And Thieves'...Over Euro 2012 Housing Costs; Movie About Legendary Nazi Football Defeat Worries Officials.
19 December 2011
MIT economist S.Johnson: OPINION
BLOOM: "Increasingly, policy analysts in Europe and the U.S. turn to the International Monetary Fund to provide what is termed “the bazooka” -- meaning a lot of money underpinning a scaled-up bailout for Italy, other troubled countries and, of course, Europe’s failing banks.
AND: "The bazooka is a reference to former U.S. Treasury Secretary Henry Paulson, who famously remarked in 2008 congressional testimony: “If you’ve got a bazooka, and people know you’ve got it, you may not have to take it out.” Paulson was arguing that, if he had the authority to seize Fannie Mae and Freddie Mac, he wouldn’t necessarily need to use it. He was quickly proved wrong."