We made a decision that monetary policy will be made by an independent European Central Bank.

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However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.

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There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.

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London

Smoke
Lingers 'round your fingers
Train
Heave on - to Euston
Do you think you've made
The right decision this time ?
Oh ...
You left
Your tired family grieving
And you think they're sad because you're leaving
But did you see Jealousy in the eyes
Of the ones who had to stay behind ?
And do you think you've made
The right decision this time ?
You left
Your girlfriend on the platform
With this really ragged notion that you'll return
But she knows
That when he goes
He really goes
And do you think you've made
The right decision this time

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London

Smoke
Lingers 'round your fingers
Train
Heave on - to euston
Do you think you've made
The right decision this time ?
Oh ...
You left
Your tired family grieving
And you think they're sad because you're leaving
But did you see the jealousy in the eyes
Of the ones who had to stay behind ?
And do you think you've made
The right decision this time ?
You left
Your girlfriend on the platform
With this really ragged notion that you'll return
But she knows
That when he goes
He really goes
And do you think you've made
The right decision this time ?
Thankyou
Oh ...

song performed by by SmithsReport problemRelated quotes
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Decision

This time you should know
Like the first time that i saw you there alone
Like the first time that i knew you were my own
The way you made me feel
Like i was something that you couldnt live without
Like i was something that you couldnt be without
Something came in between us
Something made a change in you
What can i do
So you made your decision
I guess it's you that i'll be missin
I lie alone in bed just wishin
That i had been the one
This time you should know
The way you made me feel so helpless and alone
Erased the memories of all we've ever known
Something came in between us
something made us break in two
What can i do
So you made your decision
I guess it's you that i'll be missin
I lie alone in bed just wishin
That i had been the one
Now i think i'm going crazy
Got you stuck inside my head
I dont ever want to feel this way again
When you look in the mirror
does it all seem clear to you
Have i been used
So you made your decision
I guess it's you that i'll be missin
I lie alone in bed just wishin
That i had been the one

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The decision he made with Usama bin Laden was a tactical decision. It wasn't a strategic decision. The strategic decision was made by President Bush to go after him. What President Obama has done on his watch, the issues that have come up while he's been president, he's gotten it wrong strategically every single time.

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For the sake of our interests, as well as of our honour and dignity, we were obliged to see that we won for our international policy the same independence that we had secured for our European policy.

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A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

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The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.

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English policy may not yet have made the definite decision to attack us; but it doubtless wishes, by all and every means, even the most extreme, to hinder every further expansion of German international influence and of German maritime power.

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Any debate among politicians about monetary policy is counterproductive.

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No matter what name we give it or how we judge it, a candidate's character is central to political reporting because it is central to a citizen's decision in voting.

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God Has Mocked At Us

GOD HAS MOCKED AT US

God has mocked at us -
Made us so great to ourselves
Made us the center of our worlds
Made us feel as if we are what truly matters-

God has mocked at us -
And taught us how small we really are-
Has made us know the paradox-
Of our being central only to ourselves –

God has mocked at us and exalted us
And enabled us to attribute to God
Our own reservations about ourselves-

God has mocked at us
Do we in mocking ourselves mock God also?

poem by Shalom FreedmanReport problemRelated quotes
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European Union Austerity Measures Inflicted On Greece

an interesting development...
an online censor clerk,
has learned, an innovative, art
a strategic censorship perk

instead of banning...
problematic whole book,
article, poem, attacking
austerity measures

a strategic strike intriguing...
a crafty innovative hook,
just delete, fine tune, targeting
precisely, paragraph, paragraphs

referencing offending...
sponsorship bankers bank,
austerity, measures, mince meating
Greece, Greek, citizens

a lie shrouded adjustment...
offered by Germany her allies,
austerity, leads to, internal deflation repeat
Greece, will regain, competitiveness

proposed solution a no-brainer neat...
suppose miraculously austerity succeeds,
actually, could deliver, deflation sweet
growth, nominal GDP suppressed, decreases

turns negative burden of debt...
will increase reducing Greek wages,
relative, to Germany, in prime position seat
Greece, has sacrificed made, 'progress':

private-sector wages fell 5.4%...
in the third quarter of 2011,
from, a happier, year earlier 12%
since, peak first quarter, of 2010

leaked European Commission report...
called for nominal wages in business,
economy, to be reduced, by a further 15%
during,2012-2014, exploitation finesse

will Germany accept...
undesired price of inflation,
for stability, political, benefit
of keeping, intact, pet eurozone?

upside inflation will to start...
with make happy Germans,
their wages, rise, right smart
inflation, adjusted, sensations

positives but ECB monetary policy strict...
catering to prime German desires,
for low, German inflation, verdict
put out, threat undesired inflation, fires

Merkel moved to counteract...
ECB monetary policy which might,
stoke, inflation, in Germany
cementing, certain, impossibility

of an economic recovery...
for struggling EU countries policy,
eurozone, adjustment, locked out by Germany
economic, hardship, elsewhere in the currency

block actually...
suits Germanys' export-oriented economy,
it causes, the euro, to depreciate
makes, German exports, cheaper competitive hot

Germany's unemployment...
continues downward trend to record lows,
German, select, financial institutions
scooped, the lion's, share tenderloin slices

more than 80 percent...
of Greek rescue package goes to creditors,
a huge, chuck, to hyena stalking banks
outside Greece, the ECB, takes choice slices

billions of taxpayer euros are not...
saving Greece their purpose saving banks,
shifting, liabilities, from European banks
to fleeced, targeted, European taxpayers

staggering slaughter public debt...
Greece owes foreign governments,
including, debt, to EU/IMF loan facilities
debt, through, manipulated eurosystems

increased by €130 bn...
from €47.8 bn to €180.5 billion,
between, January,2010 and September 2011
brutal, severity austerity, measures in European Union

imposed on Greece by boots German...
French leadership of European Union,
importance, of honouring people, individuals nation
treating people, with humility respect, compassion

is a lesson...
sadly not learned by evil men,
women, who prey, upon the divine
breath, heartbeats, dreams of a working class citizen

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Monetary policy itself cannot sensibly be directed at reducing imbalances.

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So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.

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What God Made

God made coffee~
~God made tea~
~God made boy's~
~Just 4 me! ~
~God made flowers~
~God made dirt~
~God made boy's~
~So I can flirt! ~
~God made coke~
~God made Pepsi~
~God made me~
~So So Sexy! ~
~God made the ocean~
~God made the Sea~
~God needed a princess~
~So he created me

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Our foreign policy has made a wreck of this planet. I'm always in Africa... And when I go to these places I see American policy written on the walls of oppression everywhere.

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Halley's Comet

Halley's Comet, I-said-a Halley's Comet
How could you know that I lived in a desperate world?
How could you dream that we were all made out of stone?
What is the truth, what is the faithful lasting proof?
What is the central theme to this everlasting spoof?
Knock on my windows, link up the chains
It's gotta be easy, no splinters no pain
It's Cadillac rainbows and lots of spaghetti
And I love meatballs so you better be ready
I'm going down to the central part of town
I'm going down to the central part of town
Central part of town, I'm going down
I'm going down to the central part of town
["Halley's Comet" over doo-wop]
What did I do?
And don't be blamin' eat my cashew
For everything I do to get the story
And everything I do to pull me in
And everything I say to get the title
But when they use it on me I reject it
What would you do if you ate my daddy's shoes?
What would you say if it was naturally for you?
How would you feel if it rained on ???
How would you like to have your thick strawberry goo?
I'm sinking down, it's a glorious feeling
To make a big difference, my body is reeling
Even Carl Sagan can't shine my shoes
'Cause I know deep inside it's got to ???
(mighty fine something)
I'm going down to the central part of town
I'm going down to the central part of town
I'm going down to the central part of town
I'm going down to the central part of town

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European Central Bank

To Mario Draghi, president of ECB.

In Frankfurt am Main
Monetary policy
Of the eurozone

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