GM Kills Electric Trolley
Image by vaXzine
Europe, China Higher
Europe is higher on talk of yet another Greek bailout package from the IMF: a proposed 5 billion package to help Greece through 2012 and 2013. But the most important event of the morning is that Greece sold 3 month bills at a yield of 4.88 percent, only a little higher than last month’s auction. Apparently the Greeks have not been completely shut out of the capital markets.
Read more on CNBC
Consumer Advocate in Chief?
President Obama has chosen to follow a well-worn script — looking for political advantage by pretending to protect voters from the evils of the marketplace.
Read more on Ludwig von Mises Institute
