“PLAN B” FOR THE EURO?
08/11/2012
The Economist: "Angela Merkel, the German chancellor, has always insisted that she wants to preserve the euro area in its current form. But as the euro crisis intensifies and the potential bills for Germany mount, she would be imprudent not to be considering a Plan B." http://www.economist.com/node/21560252
ON THIS DAY IN US HISTORY
On May 22, 1964, President Lyndon B. Johnson delivers the commencement address at the University of Michigan. In the speech, he lays out the goals of “The Great Society” social reforms, which include eliminating poverty and racial injustice, improving education and healthcare, and promoting urban renewal. These reforms will lead to the passage of four Civil Rights Acts, the creation of Upward Bound and Head Start, the implementation of Medicare and Medicaid, and several other programs.
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