The Last Chance Of Freedom

It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.

Tuesday, February 28, 2012

ECB temporarily suspended the use Greek bonds

The European Central Bank has temporarily suspended the use Greek bonds as collateral after S&P downgrades Greece to "selective default," while Portugal awaits approval of the next tranche of its €78bn bailout.

11.03 BREAKING

Portugal's finance minister Vitor Gaspar has announced that the country has passed its third financial healthcheck by the "troika" officials from the EU, the ECB and the IMF.

This paves the way for the release of its next, €14.6bn tranche of bailout funds.

10.51 Commenting on the auction, Marc Ostwald at Monument Securities said:

Read more: http://www.telegraph.co.uk/finance/debt-crisis-live/9110027/Debt-crisis-live.html

The Last Chance Of Freedom

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Tuesday, February 28, 2012

ECB temporarily suspended the use Greek bonds

The European Central Bank has temporarily suspended the use Greek bonds as collateral after S&P downgrades Greece to "selective default," while Portugal awaits approval of the next tranche of its €78bn bailout.

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