III Percent Patriots: Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. ~ Thomas Jefferson

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May 15, 2012

Look Out Below

The avalanche is gaining speed.

via CNBC

Stocks declined in the final hour of trading Tuesday following a report that a transcript from the Greek meeting showed deposits leaving the banking system, fueling speculation that the nation might leave the euro zone.
According to the transcript, Greek depositors withdrew 700 million euro from the nation's local banks recently, said President Karolos Papoulias, though the exact timing of the transfer was unclear.