https://pjmedia.com/richardfernandez/2011/09/25/evil-ways/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 04:20:49 -0400<![CDATA[European governments, faced with the need to raise more money than is available to stop the spread of the continent&#8217;s sovereign debt crisis, are considering borrowing against what they have to bulk up their defenses. The Wall Street Journal writes that this could take the form of expanding the European Central Bank&#8217;s balance sheet &#8220;by buying more debt or backing debt&#8221; or some other means. &#8220;The move could provide trillions of dollars of firepower to rescue governments and banks—-but only if all 17 euro-zone legislatures approve a two-month-old agreement to broaden the bailout fund.&#8221;]]>Sun, 25 Sep 2011 13:02:18 -0400<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2011/09/25/evil-ways-n190974