related article: http://xfinity.comcast.net/articles/news-general/20120730/EU.European.Central.Bank.Draghi_s.Dilemma/

German Chancellor Merkel & French President Hollande Are Excited That Their Countries Are Being Bought By the ECB.
The European Central Bank (ECB) is demurring like a coquette. They are flirting with the governments of Europe and with the People therein. On the one side, we have ECB President Draghi promising to ‘do whatever it takes’ to save the euro and on the other side, we have the same ECB president warning that the bank’s charter mandate forbids helping any struggling government. Which one is it, dear? Yes or no?
And at the same time, we have stock markets swooning upon the promise of more printed money, unlimited credit and negative (!!) interest rate loans to smaller banks (more…)

