Monthly Archives: July 2015

Fragments of a Greek State

Posted on July 14, 2015 by Lawrence Person

The self-inflicted destruction of Greece has been accomplished, but they’re still going to be picking up the pieces for years, if not decades. And there’s no guarantee the heavy manners Germany and the troika are imposing will actually be enough … Continue reading →

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Greece Surrenders to Troika

Posted on July 13, 2015 by Lawrence Person

After six months of jerking around European negotiators, Greece’s far left Prime Minister Alexis Tsipras finally reaped the fruits of his labors: caving in to austerity measures far worse than the ones Greek voters rejected a week ago in exchange … Continue reading →

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Mark Down One Other Thing Donald Trump is Good For

Posted on July 13, 2015 by Lawrence Person

Looks like Berkeley Breathed is bringing back Bloom County. Obviously a Trump presidential campaign was too much for him to stay retired… Don’t get your hopes unreasonably high. It could be like Still the Beaver or Galactica 1980…

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Greece and the EU Compromise to…Kick The Can Further Down the Road

Posted on July 10, 2015 by Lawrence Person

It looks like we have an actual, honest-to-God compromise, in that Greece, in exchange for not having their economy collapse and descend into anarchy and cannibalism, will pretend to implement real reforms, while the Troika, in exchange for those promises, … Continue reading →

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What It’s Like To Be an Honest Taxpayer in Greece

Posted on July 10, 2015 by Lawrence Person

I came across this comment from a Slashdot thread on programmers leaving Greece (usual online source caveats apply), and thought it was meaty enough to be worth excerpting and highlighting on its own: Let me tell you what happens when … Continue reading →

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Texas vs. California Update for July 9, 2015

Posted on July 9, 2015 by Lawrence Person

Time for another Texas vs. California update! “Greece, Puerto Rico show California’s potential future.” (Hat tip: Pension Tsunami.) What’s remarkable (or not, depending on your worldview) about the huge disparity in poverty rates between California and Texas is that the … Continue reading →

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China’s Stock Market Meltdown Continues, NYSE Offline

Posted on July 8, 2015 by Lawrence Person

Maybe those are connected, maybe not. As Zero Hedge has been reporting for weeks, China’s stock market continues to slid with no end in sight, despite such measures as making it illegal for some people to sell stocks. In a … Continue reading →

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Greece Starts Reaping the Fruits of Its Choices

Posted on July 8, 2015 by Lawrence Person

The problem with holding a gun to your own head is, sooner or later, someone is going to call your bluff. EU leaders have given Greece until Sunday to “Reach a new bailout agreement with its creditors” or “face bankruptcy … Continue reading →

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LinkSwarm for July 7, 2015

Posted on July 7, 2015 by Lawrence Person

It looks like the the riots in Athens aren’t quite ready to start yet, so let’s do a little LinkSwarm: Nixon drunk is better than Obama sober. Boko Haram/Islamic state burns 32 Christian churches in Nigeria. (Hat tip: Jihad Watch.) … Continue reading →

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Greek Voters to Europe: Screw Your Objective Reality!

Posted on July 6, 2015 by Lawrence Person

Greek voters have voted no on agreeing to austerity measures for additional bailouts. Since Greece is broke without additional bailouts, times in Greece are about to get very interesting indeed. Also, Greece’s finance minister Yanis Varoufakis has resigned. Germany says … Continue reading →

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