The French government has announced that it will cut €12 billion from the budget over an unspecified period. It emphasized that it was not forced into this austerity, but chose to act prudently, unlike “Italy, Spain and Portugal, not to mention Greece”.
Meanwhile, Portugal has decided to tackle its fiscal crisis by levying a temporary tax of 3% on the richest people in the country.
In other news, the Shi’ite terror group Hezbollah has reaffirmed its support for the Syrian regime’s crackdown on civil unrest.
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3 comments:
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“I understand, and it’s also in order, that citizens are using the Pope’s visit to draw attention here to the fact that the Catholic church’s teaching represent theses that belong in past centuries, but not in the modern era,” he said.
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Dare you say the same of Islam, Madam Mayor?
http://rossrightangle.wordpress.com/2011/08/29/as-anger-mounts-over-sctvs-cowardice-islamonazis-widen-the-net-well-attack-at-all-costs/
Sorry it's a long url but you can all help. Fight IslamoNazi censorship!
Actually, the Portuguese government is thinking about levying the said temporary tax. Opinions are divided as to the possible effects, positive as well as negative, of such a measure: the rich don't feel like giving up on their money and it has never been so easy to move it around (ie, put it abroad).
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