Merkel's coalition holds, passes euro bailout

[dustup]

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Merkel's coalition holds, passes euro bailout

Published: 29 Sep 11 12:26 CET
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The Bundestag approved the expansion of the eurozone bailout fund by a huge majority on Thursday. Chancellor Angela Merkel breathed a sigh of relief as 315 government MPs voted her way, averting a damaging revolt.

    Merkel faces major test in debt vote - National (29 Sep 11)

As expected, the German parliament voted to increase the scope and scale of the European Financial Stability Facility (EFSF). 523 MPs voted in favour of the measure, 85 voted against, with three abstentions.

The vote before the Bundestag lower house on expanding the bailout fund to €440 billion ($599 billion) had been cast as a crucial test of Merkel's authority amid fears of a major backbench rebellion.

Merkel's Christian Democratic Union (CDU) governs Germany in coalition with the Free Democratic Party (FDP) in a fraught coalition that has come under increasing pressure over its handling of the eurozone crisis.

But Merkel got four more than the 311 votes she needed from her own side on Thursday, meaning she did not have to rely on the opposition to secure the victory.
Read more here: http://www.thelocal.de/national/20110929-37905.html

So what's new What else would the Free Democratic Party do besides throw more of the peoples money at the problem.....same results different country......no real answers 

[Pepsi]

default is not a good answer.. I don't think anyone has a good answer here, I haven't heard one..

[dustup]

default is not a good answer.. I don't think anyone has a good answer here, I haven't heard one..

The Global economy is simply leveling the playing field to usher in a One World Government......One Government, One Economy, world wide.  In America 60 years of industry has been decimated, the dollar has been inflated to its bursting strength by the FRB....the Bank leaders sitting on their wealth will usher it into existence........

‘Operation Twist’ Is Just a Primer for QE3: Axel Merk

[SufferedMoreThanJesus]

We could bury our grannies and grampas in mass graves after they starve to death to save a buck or two.

[ivanm]

The Global economy is simply leveling the playing field to usher in a One World Government......One Government, One Economy, world wide.  In America 60 years of industry has been decimated, the dollar has been inflated to its bursting strength by the FRB....the Bank leaders sitting on their wealth will usher it into existence........

‘Operation Twist’ Is Just a Primer for QE3: Axel Merk

Who do you think will be in charge of the One World Government?  What group of sniveling rats and slithering snakes?

[dustup]

Who do you think will be in charge of the One World Government?  What group of sniveling rats and slithering snakes?