Sunday 26 August 2012

Austerity: a politician's wet dream

check for the wet spot.

It's now been revealed for anybody with two eyes and a brain.

Politicians are keeping us in austerity, even though they
know it doesn't work against debt, simply because
they don't want the debt grenade to blow up in their
laps.
That means, they know that if Greece leaves the Euro,
the whole rotten business will come crashing down
and then it's end-of-the-soup-line for most of us.

So, they say stuff like "just keep Greece going until
I can get elected"

That is what essentially was said by both Obama
and Angela Merkel. Either they think they're just
being practical, when talking to their colleagues,
in their "crisis" meetings, or they've lost their minds.

Now, Karl Denninger, whose a good researcher,
but whose stuff I find hard to support, is dead
right when he flags up this political expediency
stuff.


(from GREEK NEWS) GERMANY WANT 
EVERYONE TO WAIT UNTIL SEPTEMBER 2013, 
FOR ITS ELECTIONS. 
SO, SAVING THE PLANET FROM 
MAN-MADE ECONOMIC DISASTER 
IS AN ISSUE OF POLITICAL EXPEDIENCY ONLY.
FOR THEM TO ASK FOR THIS MEANS THAT 
SOLVING ANY BANKING PROBLEM 
IS OUT OF THE QUESTION. 
IT’S JUST A WAITING GAME, 
OR A MEXICAN STANDOFF WITH THE INEVITABLE CRASH.
WHAT ABOUT THE PEOPLE 
WHO ARE STARVING TO DEATH? 
 what do you say?:
"WAIT A SEC. ANGELA WANTS TO GET ELECTED, OKAY. 
GIVE US BACK THE CHICKEN YOU STOLE. COME ON!
You'll get 20 years.
starving thief: Do you get 3 meals a day?

GREECE IS GONNA RIDE WITH THIS IN ITS SATCHELL, 
OFF INTO THE SUNSET. "THANKS FOR THE FREE RIDE"
The G8 have set themselves up for blackmail, unless
they're willing to kill off some Greek politicians. I'm for
either solution.

Read 'em: DENNINGER
Obama: "Please Don't Let Greece Leave!"
Here it comes -- from Greece.
    The Obama administration will pressure European governments not to let Greece fall out of the eurozone before November's Presidential elections, British Government sources have suggested.
This is truly amusing and it appears Obama and his minions have absolutely no clue how destructive such a "request" really is.
Not because it might or might not be granted, but because Greece will discover it (ok, just did) and now has a weapon to use that it didn't before.
In International political matters "screw off" is always an option, and the threat to say that is often at least as effective as actually doing it.
I would normally be stunned at the idioicy of such a request by the Obama administration but I am far beyond believing that the current administration has any sort of ability to appreciate the second-order effects of what it does -- and as such, I suspect this conversation really did take place, and that Obama really is this dumb.