Thursday, November 03, 2011

Greece Moves Forward - Off a Cliff

GPap sets the stage for the ultra-riot -
Greek PM Tells Sky News He Has Scrapped Referendum: Watch Sky Coverage Of Euro Crisis Live
The Real Effect
Where a person stands on an issue like this will tell you volumes about what they believe. If they believe that the Greeks are upset because their "gravy train" is coming to an end, they have a box of rocks between their ears. While it is true that they are upset about their benefit changes, to equate that with the reasoning behind the riots is like claiming the passengers on the Titanic were upset because they were going to get wet.

The Greeks are upset that their checkbooks are being used as a backstop for French and Italian banks. If you can't get that, there's no discussing any further.

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