Quote of the Day:
John Kerry: metaphor from Hell
John Kerry broke his leg. Riding a top-of-the-line bicycle (and presumably festooned in spandex that shows off his 71-year-old body). In France. Going nowhwere. He broke his leg at very low speed. He broke it upon hitting a curb.
One can’t help but notice that Kerry’s accident is an apt metaphor for the foreign policy of the Obama administration.— Erick Erickson, June 1st 2015
A story appeared today concerning a training seminar held by the People’s Democratic City Government of Austin, Texas. The seminar was to help female city employees deal, “with a new leadership dynamic: a female-dominated City Council.” The ensuing controversy forced the (male) Assistant City Manger to resign.
Why? Because the seminar dared say that women are different from men and, in some circumstances, react differently than men. Austin’s City Council declared that to be heresy and demanded a (male) head. They got one, a (male) sacrificial scapegoat.
Have you been watching the financial news? The EU, specifically Greece, has a problem. They’re broke, the debts are due, and they can’t pay. Greece seems to expect another last-minute bailout by the EU (how many times has the EU done that?), but the EU does not appear to be ready to repeat the failures of the past.
In so many ways, Greece is emulating California…perhaps that should be the other way around. California is our Greece.
Peter Spiegel in Brussels
Greece’s chances of striking a deal to access a much-needed €7.2bn in rescue aid looked even bleaker on Sunday after Alexis Tsipras, prime minister, accused bailout monitors of making “absurd” demands and seeking to impose “harsh punishment” on Athens.
Mr Tsipras’s accusations, made in Le Monde newspaper, came only days after his government claimed an agreement was imminent. They have increased the sense of chaos around negotiations in the week many believe a deal is needed to avoid a Greek default.
On Friday, Athens is scheduled to make a €300m loan repayment to the International Monetary Fund that is being closely watched by creditors after some Greek ministers hinted that it might not be met without bailout aid. A further €1.2bn of IMF payments fall due over the subsequent two weeks.
“The lack of an agreement so far is not due to the supposed intransigent, uncompromising and incomprehensible Greek stance,” Mr Tsipras wrote. “It is due to the insistence of certain institutional actors on submitting absurd proposals and displaying a total indifference to the recent democratic choice of the Greek people.”
The criticism appears directed at the IMF, which has taken the hardest line of the three institutions, particularly regarding cuts in public sector pensions, which Mr Tsipras described as already having been excessively slashed. EU leaders, including Chancellor Angela Merkel of Germany, have specifically warned Mr Tsipras that no deal is possible without IMF approval.
Apparently, if you read through all the accusations and counter-accusations, the IMF and two other bailout monitors wants Greece to cut spending. Greece says that have. The IMF says not enough. Greece has a hissy-fit.
If you change Greece to California and the IMF to Congress, imagine the hissy-fit California would have if Congress would cut all federal funds to California, ALL federal funds, not just some, until California complies with federal law—like those pertaining to illegal immigration and ending practices like issuing free driver’s licenses, free education to illegals, allowing illegals to register to vote (motor-voter) and ending the existence of sanctuary cities throughout California?
California has created their current ‘water crisis’ through their state EPA regulations that blocked the creation of new reservoirs since 1972, and diverting water to some ‘endangered species’ instead of to the existing reservoirs. Rather than dealing with the root sources of their water crisis, California has cut water rations to their citizens by 25%…except for the Elite, of course.
Greece, like California, created their crises. Now it is time for them to deal with those crises instead of looking for another bailout that will change nothing.