My Big Fat Greek Bailout

While Treasury Secretary Timothy Geithner was on the talk shows reassuring America that the economy is healing, developments in Europe threatened to cut the legs out from under a U.S. recovery.

The short story is that Greece and a number of other European Union (EU) countries are in debt, deep in debt. EU rules say member countries cannot have budget deficits that exceed three percent of GDP. Greece’s debt is closer to 12 percent.

U.S. Campaign Advisors Influence Ukraine's Election

Citizens in the Ukraine are starting to see American-style campaign sloganeering and other tactics in the race between their Prime Minister, Yulia Tymoshenko, and her main rival, Viktor Yanukovich, for the office of President.

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