Portuguese austerity plan, imminent Irish bailout deal fail to alleviate European debt crisis

Webmaster's Commentary: 

The very nature of a private central bank issuing the public currency at interest is to sink the nation and the people further into debt. The Euro, like the dollar, is a boat with ten holes and only nine corks, and the "bailouts" are simply yanking a cork from one hole and pounding it into another in front of the assembled media while proclaiming that one is "doing something" about the sinking ship.

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