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Thursday Afternoon News Update, My Picks from the Grumpy Daily


The American Spectator : Teachers’ Union Fat Cats

spectator.org – Print Email Text Size By RiShawn Biddle on 10.26.11 @ 6:10AM They’re in solidarity with Occupy Wall Street, which actually should be camping out in front of their offices. There’s something about c…


Merkel: 50 pct haircut to cut Greek debt by 100 bln euros

reuters.com – BRUSSELS | Wed Oct 26, 2011 10:50pm EDT BRUSSELS Oct 27 (Reuters) – Private owners of Greek bonds will accept a 50 percent writedown on their investment, enabling both a 100 billion euro cut in Gre…


Robert A. Sirico: The Vatican’s Monetary Wisdom

online.wsj.com – On Monday, the Vatican released an 18-page document titled “Toward Reforming the International Financial and Monetary Systems in the Context of a Global Public Authority.” Since then, it has been c…