Wall Street helped Greece mask its true debt

Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country’s already bloated deficit. Creative accounting took priority when it came to totting… Read More Wall Street helped Greece mask its true debt

The Pope want UN to become one family

One family,’ inspired by mutual solidarity and by a concern for the common good of all humanity,” This is the answer to his own question, asked by Jesuit priest Federico Lombardi, the Vatican main spokesman. Lombardi asked this question in the most recent edition of his Vatican Television editorial. What are the Vatican’s representative doing… Read More The Pope want UN to become one family

US: Add Interfaith center to the Ground Zero Mosque

“Rather than move the mosque further away, lets add an Interfaith component”. This is a suggestion from Julie Menin, who us the chair of Community Board 1 on Lower Manhattan.  She feels that permission should be given to the planned Mosque near Ground Zero. But because of stiff American opposition, Menin suggests that the rift… Read More US: Add Interfaith center to the Ground Zero Mosque

Michael Youssef: Islam will never submit to the American government

“Islam is a political and social ideology that will never submit to a secular form of government”. This is a statement of Michael Youssef, founder of Evangelical Anglican Church of the Apostles and Leading the Way ministry. Youssef contends that the mosque is part of Islam’s overall goal to dominate the world. “Most Westerners do… Read More Michael Youssef: Islam will never submit to the American government