Ireland is one of many nations within the European Union that faces profound doubts about its ability to maintain its financial credibility. During the last several days, ministers of the European Union have tried to cobble together a rescue package that would allow the beleaguered country to manage its public debt.
Apparently, tobacco companies are facing stricter marketing restrictions not only in the United States, but on the global scale as well. However, in an effort to increase sales in developing nations, as well as combat the efforts of public health officials from 171 nations who are working to enforce a global anti-smoking treaty, known as the Framework Convention on Tobacco Control, cigarette companies are prepared to go down fighting.
For those who wonder what the entitlement mentality looks like when it is out of control, they need not look beyond Europe. In Greece, what were dubbed “anti-austerity” riots by conservative pundit Michelle Malkin were violent outbursts committed by mobs. The riots were led by left-wing vigilantes angered over new austerity measures instituted in Greece to combat the burdensome financial effects of socialism.
President Bush told British officials in the heat of the 2008 presidential election, “I’d have endorsed Obama if they’d asked me,” according to a November 9 blog entry by Financial Times of London correspondent Alex Barker. The Financial Times is the chief British financial newspaper, a newspaper that corresponds roughly to the New York-based Wall Street Journal.