Monographs on the Greek Debt Crisis

This is a catalogue of the monographs on solving the EuroCrisis"

In blog fashion, it is in reverse order.  Please read from the bottom up.

Did the EruoCrats Do Something About the Crisis?  Did it work? No?  Don’t do that!

Greece:  Problem? Solution!

http://slimviews.blogspot.com/2011/09/greece-problem-solution.html

Did the EruoCrats Do Something About the Crisis?  Did it work? No?  Don’t do that!

EruoCrats:  It is our policy to fail.

http://slimviews.blogspot.com/2011/09/eurocrats-it-is-our-policy-to-fail.html

Did the EruoCrats Do Something About the Crisis?  Did it work? No?  Don’t do that!

Can Leadership be learned?  See: EuroCrisis

http://slimviews.blogspot.com/2011/09/can-leadership-be-learned-see.html

Did the EruoCrats Do Something About the Crisis?  Did it work? No?  Don’t do that!

EuroCrisis: Hocus Pocus—Focus!

http://slimviews.blogspot.com/2011/08/eurocrisis-hocus-pocus-focus.html

Did the EruoCrats Do Something About the Crisis?  Did it work? No?  Don’t do that!

EuroCrisis Analogy

http://slimviews.blogspot.com/2011/08/eurocrisis-analogy.html

Sincerest regards,

Slim

copyright (c) 2011 Slim Fairview

Slimfairview@yahoo.com

Greece: Problem? Solution!

Greece has been around a long time.  Greece predates Europe.  The Greek citizen invented the Senate.  The Senate did not invent the Greek citizen.

The current state of affairs in Greece is due, in part to Government ownership--In part.  The other part is the notion that when the Government owns everything, everyone owns everything.  This is the failed Soviet Style of Communism.  The reality is that when everyone owns everything, no one owns anything.

With the Greek Citizen—with no vested interest, there is no interest.

Do you dispute me?  I shall refute you.

How hard is the Greek worker fighting for his benefits?

Very hard.

Why?

Because his benefits belong to him.

Privatisation is not a dirty word.

While every plan for Greece has involved a bailout, none has involved any capital investment or economic development.

In a recent NY Times article, “The IMF “traditionally” said cutting budget deficits is the solution to the problem.  Mr. Summers said Mme Lagarde’s reversal is a welcome change in thinking, emphasizing that we should be establishing a basis for growth.”  I assume Mme Lagarde and I are the only two people saying this.  Or, perhaps Mme. Lagarde is the only person reading my blogs.  Madame goes on to say, “…the markets realize that commitment to cut spending cannot survive a lengthy stagnation.”

The best option for Greece (I have a project not a plan.) is a major economic development project that changes the process.

Let us be honest.  The EuroCrats are intelligent, educated, and experienced.  Why then have they failed to solve or even mitigate the damages or ameliorate the problems?  By the process of elimination, the problem is the process.  That must change. In Greek: Δ

The first startling example is that what the EuroCrats are doing to the Greek People can be called “poverty programmes”.  The Greek People need “Prosperity Programmes”.

As an aside, I thought that warning of a move to the “right’ would be a consequence for Greece if the problem can’t be solved soon was an overstatement.  Then I remembered some American political math.  It is analogous.

Dems control Congress + Jimmy Carter = Ronald Reagan.

Dems control Congress + Bill Clinton = Republican turnover in Congress.

Dems control Congress + Barack Obama + Massive GOP turnover in House of Rep.

Okay, I concede.  The Greek people can fix the problem now while it is small (by comparison) or wait till there is a real disaster.  But I digress.

The difference between the aforementioned Soviet Style Communism and Chinese Communism (Aside from the failure of the former and the success of the latter) is China’s Middle Class.

The divestiture of Greece’s State Owned Assets is crucial to the turnaround in Greece.  A limit on foreign ownership of shares in the newly minted, publicly traded companies is also essential.

Some of those assets may include but are not limited to:

Transportation

Energy

Media

Communications

With the Greek Citizen owning the asset, the Greek Citizen will have a vested interest in its success.  There will be a profit incentive.

Greece; Influx of Tax Revenue without increasing taxes

Relief from Debt and the crushing interest rates

Benefits of the multiplier effect

Reduction in Lenders: Increase in Investors

Increased Capitalisation of Banks

What has been the alternative so far?

The Greek Government

Raised Taxes

Slashed Pensions

Cut State Salaries

Plans to cut jobs and cut pensions again.

Greece still has problems.  Why?  Because The Greek Government

Raised Taxes

Slashed Pensions

Cut State Salaries.

Someone then told the Government that by lowering wages tax revenues will fall. The Government solution to this was to fire people.  This caused a further decline in revenue.  To address this, the Government increased property taxes on the unemployed and underpaid.  And all of this is the result of Austerity measures imposed on Greece by the EuroCrats who were working to solve the problem.  Call me a flawed human being, but I believe the EuroCrats have failed in their mission.

Union busting will not solve the problem.

Labour strikes will not solve the problem.

Firing people will not solve the problem.

Taxes will not solve the problem.

[No country ever taxed its way to prosperity.  The mantra during the first two years of Bill Clinton’s first term as President of the United States.]

For further information, please read my blogs on the matter.

Bon Chance!

Sincerest regards,

Slim

Slimfairview@yahoo.com

Copyright © 2011 Slim Fairview

Economic Stimulus:

http://slimviews.blogspot.com/2011/06/economic-stimulus-by-metaphor.html

The Multiplier Effect:

http://www.slideshare.net/slimfairview/the-multiplier-effect-4962273

the Future of the G 20 in Good Times and Bad

http://www.slideshare.net/slimfairview/the-g-20-in-good-times-and-bad-5802178

China: The economy and a word beginning with the letter P
http://slimviews.blogspot.com/2011/06/china-economy-and-word-beginning-with.html

Side Street Journal Wednesday 13 July 2011

Commentary on Global Political and Economic Events by Slim Fairview

Please also see also http://slimviews.blogspot.com
 
Please do click the follow button for The Journal--and please email a link to your friends.

Thank you.

Slim

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INDIA FIRES MINISTER WHO HELD UP INDUSTRIAL PROJECTS. YOU SEE? THE US CAN LEARN FROM THE INDIAN GOVERNMENT ALSO. Slim

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US and China Officials named to IMF Posts. You see. We can start working together. I guess people have been reading my blogs. Slim

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House Fails to repeal light bulb mandate. Mercury Vapor Dangers to Consumers including children being ignored.

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Federal Reserve Formalised its Fire Exit Strategy. Won't implement it yet. They want to finish playing the fiddle first. S'mores Anyone?

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WSJ: China Reports Strong Second Quarter Growth. This is why I have been saying nay to the naysayers who criticise China.

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WSJ: A European self--regulatory...say no more. Slim

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EuroBanks Stepping In to Shore Up Debt Crisis Defence. They must have been reading my blogs: slimviews.blogspot.com/2011/07/what-t… Regards, Slim

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EuroBanks Stepping In to Shore Up Debt Crisis Defence. They must have been reading my blogs: slimviews.blogspot.com/2011/07/dont-b… Regards, Slim

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EuroBanks Stepping In to Shore Up Debt Crisis Defence. They must have been reading my blogs: slimviews.blogspot.com/2011/07/eurovi… Regards, Slim

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EuroBanks Stepping In to Shore Up Debt Crisis Defence. They must have been reading my blogs: slideshare.net/slimfairview/t… Regards, Slim

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To the EuroCrats: Don't let Moody "Junk" up your plans to fix the Problem. Handle your own Bond Transactions. Keep it in the Family. Slim

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Ireland gets Moody. Plans to solve problem are impeded by Moody ratings. Good luck to the EuroCrats. More to come. Slim

Sincerest regards,

Slim

PS.

Paul Harvey I am not.  Still, I am open to becoming a paid blogger, columnist, or commentator.

In the meantime, if anyone finds my blogs to be helpful, please don't hesitate to send me on of those tricked out Apple laptops and to tuck a few dollars into the envelope with the thank you note.

Sincerest regards, 

Slim

Mail slimfairview@yahoo.com

Copyright (c) 2011 Slim Fairview

Side Street Journal Monday 27 June 2011

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Special:  Middle East Perspective

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[ In Reverse Blog Order ] 

Egypt and Others—A New World Order: A world without borders

http://slimviews.blogspot.com/2011/01/egypt-and-others-new-world-order-world.html

Egypt and the Failure of Global Diplomacy

http://slimviews.blogspot.com/2011/02/egypt-and-failure-of-global-diplomacy.html

The Business of Egypt is Egypt

http://slimviews.blogspot.com/2011/02/business-of-egypt-is-business.html

What is To Come in the Middle East?

http://slimviews.blogspot.com/2011/02/what-is-to-come-in-middle-east.html

Netopia, Blogging, and the Libyan Crisis

http://slimviews.blogspot.com/2011/03/netopia-blogging-and-libyan-crisis.html

President Obama’s Home Grown Diplomatic Conundrum (In Egypt, he’s doing fine.)

http://slimviews.blogspot.com/2011/03/obamas-homegrown-diplomatic-conundrum.html

The Fallacies of US Diplomacy in Libya

http://slimviews.blogspot.com/2011/04/fallacy-of-us-diplomacy-in-libya.html

The Impending Failure of US Diplomacy in the Middle East

http://slimviews.blogspot.com/2011/04/impending-failure-of-western-diplomacy.html

The Failure of US Diplomacy in the Middle East 3.0

http://slimviews.blogspot.com/2011/05/failure-of-us-diplomacy-in-middle-east.html

The Middle East.  Problem?  Solution!

http://slimviews.blogspot.com/2011/06/middle-east-problem-solution.html

Commentary on Global Political and Economic Events by Slim Fairview

Please also see also http://slimviews.blogspot.com
 
Please do click the follow button for The Journal--and please email a link to your friends.

Thank you,

Slim

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WSJ: Special Report. GERMANY. Uh, oh. They must have been doing something right & finally we are starting to notice? Strong economy perhaps?

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Trichet to Banks on New Regulations. You want to double your money? Fold it in half and put it back in your pocket! Way to go

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Investors face losses on Strip Mall investments. 85% of all small businesses fail in the first year. Now, what were the investors thinking?

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Charles Chao creates the Chinese Twitter. Will there be a translation version? Slim

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Pepsi hands out free soft drinks & chips 2 boost sales. You sly rascals....Okay, I'm in. Caffeine free diet Pepsi, Please. Slim

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Looking forward 2 launch of Recipe magazine. (Serving up savings.) After all this eating well, perhaps we can start 2 eat good. (For less!)

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Finance chief worries over oil prices. Tupperware head keeps eye on prices. Hey, folks: "Don't get mad, get Glad." (It's a joke, counselor.)

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Africa Economy Awakens aided by Free Trade. Economic advancement. A good thing. Slim

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China -- Vietnam Reach agreement on Sea dispute. That was quick. See how simple it is when you focus on the goal. Regards, Slim

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Weber Slams Rescue Effort. Idea. Let's sit down with Axel Weber listen 2 his views. Draw graphs, extrapolate. Prognosticate. Plan. Slim

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Nations debts: consumers debts hamstring global recovery. Guess we're all in this together, eh? Zero-sum game strategy days are over! Slim

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Analysts gloating over housing crisis in China? "Laugh before breakfast, cry before dinner." - My Mom. China will do fine. How are we doing?

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IRAN Woos US Allies: Read My Blog Postings on the Failure of Western Diplomacy in the Middle East. slimviews.blogspot.com Regards, Slim

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@

@diane_berard VISA "It's everywhere you want to be." They said nothing about how you get there. ;-) Slim

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Let's see? US debt, Euro Debt, Asian markets tenuous, Middle East turmoil? slimviews.blogspot.com/2011/01/econom… Regards, Slim

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Let's see? US debt, Euro Debt, Asian markets tenuous, Middle East turmoil? slideshare.net/slimfairview/t… Regards, Slim

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Let's see? US debt, Euro Debt, Asian markets tenuous, Middle East turmoil? slideshare.net/slimfairview/g… Regards, Slim

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Let's see? US debt, Euro Debt, Asian markets tenuous, Middle East turmoil? slideshare.net/slimfairview/t… This and the next one. Regards, Slim

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Bachmann & Romney running neck & neck. This is for the primaries. Which Republican has a chance in November? I posted about that too. Slim

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Adult diabetes triples in US. Why? Inactivity & obesity. What causes obesity? Please read "marathoners" below.

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What do marathoners eat 4 days b 4 race? Macaroni! Why? 2 store energy. What is stored energy? Fat. What if you don't run a marathon?

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Nuke plant "flooded" (?) in Omaha! slimviews.blogspot.com/2011/03/nuclea… Op. cit. "Read my blog." Regards, Slim

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Iran Meets with Arab Leaders 2 forge coalition. Didn't I discuss this in my blog? Yeah, I did. slimviews.blogspot.com Take a peek, folks. Slim

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Stock Analysts remain upbeat. "Good things go to happy people" The Quotations of Slim Fairview. (c) 2011 Slim Fairview

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Obama Plan. New cars will have 56 mpg by 2025. That gives other countries 14 a year head start. Hey, Big 3, get innovating....fast. Slim

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Global Regulators require banks 2 hold more capital. & I thought bankers were the stuffy conservative ones. Double or nothing, guys? Slim

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German ex bank chief calls on all Europe to help Greece. HELLO! I said that weeks ago. Maybe Herr Weber reads my blog? sidestreetjournal.blogspot.com

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France on Greece: Government goes with rollover of debt, how about private investors? Hey private guys. Be expedient. Co-operate! Slim

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Greek Premier tries 2 steer austerity measure through Parliament. Smaller vehicles are easier 2 steer. Be prudent, moderate, sensible. Slim

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WSJ: Tumbling Mortgage Bond Prices have Banks racing 2 lose money. Is there no loss-containment? Loss Minimalisation? Only sell, off & lose?

If anyone finds my view on matters here or on http://slimviews.blogspot.com  to be helpful, please do not hesitate to send me one of those tricked out Mac laptops (and to add a few  bucks to the envelope with the thank you note.)

Regards,

Slim

PS.  I know I am not Paul Harvey, however,  I am open to working as a paid blogger, commentator, or columnist.  Slim


slimfairview@yahoo.com

Copyright (c) 2011 Slim Fairview

All Rights Reserved.

Side Street Journal Saturday 18 June 2011

Commentary on Global Political and Economic Events by Slim Fairview 

Please see also http:slimviews.blogspot.com

Please follow The Journal--and please email a link to your friends. 

Thank you, 

Slim

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Wasn't there a Russian play about a retired General and Admiral who had an argument about lunch? It was the wooden spoon part I remember.

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I am not running for President. However, if Biden goes to see the President to say he's resigning, and the President has to appoint a .....

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Carter...Reagan....Republicrat. Oh, yeah. Be nice to Jimmy Carter day at the WSJ: Save the date for April 1. Okay, guys? Slim

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WSJ: Goldman Sachs Warns about Bullish Yuan Bet (Wolf! Wolf! Wolf!) Sorry, but how could I resist that punch line. Regards, Slim

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Prada stalls in Asia market. Penetrate market in a downturn? Sell fewer stocks, lower the price, give away less of the firm, & grow in Asia.

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WSJ: Big Funds for New Hayward Venture. Is it drilling for oil? He has experience doing that.

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The Labour Board Defends its actions. I used to do that until my wife convinced me there was no point to it. Be helpful or be quiet. Slim

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WSJ: PNC Beats Out BB&T For RBC's U.S. Unit. With that headline, you just have to read the article, eh? Slim

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Those who forget history r doomed 2 repeat it. Santayana "Those who never learned history are doomed--period! Quotations of Slim Fairview

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US Students not learning History. Because American Students not studying history. Then, History was the future. Now, the future is history.

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WSJ reports on disgruntled workers in China. Paints bleak picture. Now, WSJ: Give us a bulleted list of the worker demands. Okay? Slim

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Moody warns Italy: Economy.They waited til now. When did you know this might be necessary? Do you have suggestions? Be helpful or be quiet.

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RESOLVED: IT'S THE PROJECT! With Venizelos in charge, project oriented activity will help Greece. Will EuroFolk share the vision? ;-) Slim

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Venizelos has the credentials to do the job. Now, get the legal framework in place by acclamation and move forward. Regards, Slim

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Greece 2007 Socialist Crushing Defeat. The US Market Axiom. Bulls make money, bears make money, pigs & chickens get slaughtered. slim

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@ EuroWizards. Ah, the Plan. The Process. Why does everyone ignore, THE PROJECT! Select the END & eliminate all diversions. Regards, Slim

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@ Greek Government: Why is it always a TOUGH plan? The TOUGH plan never passes. Build with a sensible, workable plan. Meet over lunch. Slim

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When EuroFolk met re: Greek Finance Crisis, did they have consultants 2 teach consensus building & hand out smiley face key chains? ;-) Slim

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EuroFolk Modify Greek Finance Plan. Now the question of what is voluntary arises. Sorry. "Voluntary" is not a plan. Let's do lunch. Slim

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Greece: New Finance Minister. Give the guy a chance, OK? All we have 2 do is remember workers have 2 get something out of it. & save face!

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OHIO puts Senate Bill 5 on ballot 4 Plebiscite. It's June & all the Ohio senate did was pass 5 Bills & that one is being contested? ;-) Slim

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Pawlenty Takes on Romney. Please....take on Gingrich, or Ron Paul, or Rue Paul, or Paul Prudhomme, so we can enjoy watching the news. Slim

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CALIFORNIA UPDATE: Release Criminals, Raise Taxes, Cut Spending, Close Parks, Pile on Regulations. Ah, La Vie en Rose. Slim

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ELECTION INSIGHT: Cigar Chomping Party Bosses in Smoke Filled Back Rooms & Derby Hats win Primaries. Popular Candidates Win Elections. Slim

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CAMPAIGN ALERT: Stop Calling it Obama Care. Did We Forget??? "If you want to find out what's in the Bill you have to pass it."

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VOTER PULSE ALERT: All polls say Americans want health care. Sentiment mixed on current plan. Republicans need a health care plan to win.

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ELECTION NEWS ALERT: The Extreme can win the Primary. The Extreme can lose the General. Romney Care may be an asset in November 2012

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IT'S THE ECONOMY slimviews: Economic Stimulus, by Metaphor slimviews.blogspot.com/2011/06/econom… Sincerest regards, Slim

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IT'S THE ECONOMY: slimviews.blogspot.com/2011/01/econom… Regards, Slim

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Germany agrees to voluntary rollover of Greek Debt. Averts crisis. I really have to believe the EuroFolk have been reading my tweets. Slim

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WSJ: Apple, Intel, Ericsson vie 2 buy patents from Nortel. If Nortel stuff so hot, why are they not pulling down big bucks? Bad Mgmt? Slim

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WSJ: UPS Barred from Screening packages in UK. Why? Concerns about security. What concerns? Screening might make planes more secure? Slim

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Germany and France: Insouciante Banking. UK: Stiff Upper Lip. Thankfully they are not leaving the decision up to the bankers. ;-) Slim

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Americans need a primer in economics. Not University stuff. Not Media stuff. Rather, The Metaphor: slimviews.blogspot.com/2011/01/econom… Regards, Slim

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Consumer Sentiment turns gloomier. Leading indicators show recovery continues. slimviews.blogspot.com/2011/06/econom… Regards, Slim

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DJIA ends 6 week loss streak. Oil falls, good 4 biz, bad 4 energy stocks. What's your investment strategy? Betting I will lose money. Slim

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Egypt: Secular Parties Want Constitution b 4 Election 2 protect diversity. Hier Business of Egypt--revolution. 2day, slimviews.blogspot.com/2011/02/busine…

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Why is NATO in Libya? a) 2 Feel Needed? b) 2 Feel Viable? c) 2 Feel Effective? d) 2 much time on their hands? e) 2 Learn Crisis Management?

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Moments to Remember: NATO was set up to protect Europe from what was then the Soviet Union. Ronald Reagan made NATO obsolete. ;-) Slim

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Syria's Military closed in on--Oops! I apologise. I thought article was about Libya. You know, the NATO school of military operations. Slim

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Check out Slim's Views on Senate inquiry into Social Security Judges but not inquiring into judicial Activism. Please see link below. Slim

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Senate checks on SSA Judges?! & not about Judicial Activism: See NYT Comment: community.nytimes.com/comments/opini… Regards, Slim

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US Cities feel Greek debt crisis. Re: Belgian-French banks backing bond debt. Now which US wizards forgot to diversify? Or analyse? Slim

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Germany's Merkel signals flex-stance on bondholder responsibility. I can assume the EuroFolk are following me on Twitter. Thank you. Slim

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@digitransfer Thank you for the Follow: slimviews.blogspot.com & sidestreetjournal.blogspot.com Please do visit & follow. Sincere thanks, Regards, Slim

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@BusinessPlanWeb Solid Piece of Advise! Slim Fairview's 4 Rules of Communication: Precision, Concision, Enumerate, Specify. ;-) Slim

Regards,

Slim

PS.  I am open to working as a paid blogger, commentator, or columnist. 

If anyone finds this viewpoint helpful, please do not hesitate to send me one of those tricked out Mac laptops (or to add a few bucks to the envelope with the thank you note.) 

Regards,

Slim

slimfairview@yahoo.com

Copyright (c) 2011 Slim Fairview

All Rights Reserved.