World Stocks Fall On Fears Tea Baggers Will Kill Jobs Bill

Now looking to do for the world what they have done for the US in damaging US creditworthiness…

Foreign Investors join their American counterparts in  no longer believing Tea Party majority US Congress will do the right things for the US or World economy.

The Tea Baggers are idealoges, clinging to a thoroughly discredited mantra bent on destroying the Governemnt – and who are doing, and have done more damage to the United States…

Than Al Quaeda.

That “credible terrorist threat” reported by Law Enforcement on the 10th anniversay of 9-11 isn’t radicalized Muslims…

It’s radicalized Republicans.

World Stocks Fall On Fears That U.S. Jobs Plan Will Stall In Congress

World stocks fell Friday on investor worries that a U.S. plan to stimulate jobs and growth will be held up in Congress and may not be followed fast enough by action from the Federal Reserve.

The euro hit six-month lows against the dollar and the yen with more falls likely after the European Central Bank shifted away from further rises in interest rates, a key driver in the single currency’s rally this year.

U.S. shares were poised for a weaker open, extending Thursday’s falls after Federal Reserve Chairman Ben Bernanke left the door open for new stimulus measures but stopped short of signaling the central bank would take the plunge.

Markets are concerned that President Barack Obama’s proposed $447 billion package of tax cuts and spending plans aimed at boosting growth and job creation could be hamstrung by political wrangling.

“Investors are holding back…There isn’t any reason to commit until you can see credible policies,” Justin Urquhart Stewart, director at Seven Investment Management, said.

“Bernanke was never going to say anything. He made it clear at Jackson Hole he was pushing it back to the politicians. Obama has come up with this stimulus package. We now have to digest what effect this will have, assuming it is passed.”

European shares fell as much as 1.1 percent, pulling down the MSCI world equity index 0.7 percent. S&P index futures were last down 0.6 percent, pointing to a lower start on Wall Street.

Market confidence has been fragile this week due to growing concerns over the global economy and Europe’s debt crisis, with Friday’s deadline for bond holders to decide on Greece’s swap offer adding to the nervousness.

Wisconsin – The World

You probably won’t hear about this on Faux News… But the folks in Egypt, as well as a number of other countries are paying a close eye on the events in Wisconsin.

From Cairo to Madison, some pizza

Someone in Egypt has been paying attention to what’s happening in Madison and wanted to send a message of solidarity from across the globe — so they ordered a pizza.

It might seem like a small gesture, but it’s overwhelming to the staff at Ian’s on State Street — a campus staple mere blocks from the Capitol — where in the last few days, they’ve fielded calls from concerned citizens of 12 countries, and 38 out of 50 states looking to donate money to provide free pizza to the Wisconsinites who have congregated here.

On Saturday alone, Ian’s gave away 1,057 free slices in their store and delivered more than 300 pizzas to the Capitol itself.

By 2 p.m. local time Sunday, they’d given away 351 slices and sent countless other full pies to the rotunda, where protesters have been gathering since well before noon. As a few locals stood waiting for their slices, an Ian’s staffer went to the chalkboard hanging behind the register and wrote, “Turkey” in big block letters and co-workers expressed a sense of disbelief.

“I don’t think we started it,” said Ryan O’Connor, a sophomore at a local technical school who works the register at Ian’s. “We made a post to our Facebook page because of the volume of calls we already had been getting unprompted.”

O’Connor said Ian’s got its first call Thursday when a mother of a University of Wisconsin student called and offered to donate $200 to help feed the people her daughter told her had flooded the Capitol. Since then, the outpouring of money from all over the world has put the pizza-makers into overdrive.

The blackboard behind the counter lists the “countries donating” as “Korea, Finland, Egypt, Denmark, Australia, US, Canada, Germany, China, London, Netherlands, Turkey” and has the abbreviations for all 50 states listed below, with donating states circled. As of Sunday afternoon, 38 states had been marked as contributors.

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