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Nothing in the euro zone's history suggests the offer of blank checks, whether from the ECB or bailout funds, will do anything other than buy time time that will be squandered rather than used to address deep structural problems arising from inflexible labor markets, inefficient bureaucracies and unaffordable welfare systems.
WSJ: France Is Biggest Obstacle to Solution
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This is only a pledge, but if the history of European policymaking is a guide, the euro zone will quarrel over the details of a banking supervisor only to agree to one eventually.
ECONOMIST: The euro crisis
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Many of those willing the euro zone to fall apart rely on a flawed understanding of European history, politics and economics.
WSJ: Merkel Still Waiting for a Thatcher Moment
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The rest is history, as Hollywood even showed you its rendition of The Plan in the recent movie, The Green Zone, starring Matt Damon.
FORBES: Is The Iraqi Dinar Worthless Paper Or Maker Of Millionaires?
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Boeheim entered Thursday with 50 wins in the tournament, fourth-most in history, and more than 900 victories overall, with so much of that success built on his unusual zone defense, 40 minutes of a puzzle for opponents to try and solve.
WSJ: East: Syracuse tops Indiana 61-50; Marquette next
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He entered Thursday with 50 wins in the tournament, fourth-most in history, and more than 900 victories overall, with so much of that success built on his unusual zone defense, 40 minutes of a puzzle for opponents to try and solve.
WSJ: Syracuse's D, Carter-Williams beat Indiana 61-50
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Louis, I also joined Secretary Arne Duncan and Missouri Governor Jay Nixon at Carnahan High School of the Future to participate in the Great Central U.S. ShakeOut--the largest-ever, multi-state earthquake drill to be held in the United States, and the first major drill to take place along the New Madrid Seismic Zone, which was the site of one of the worst earthquakes in U.S. history nearly 200 years ago.
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