Today’s Poser

Blue-state governors want federal Wuhan-virus bailout money ... using the excuse that they need to pay their police, firefighters, medical personnel, etc. I could be wrong but haven’t  these front-line responders been paid all along ... and not owed anything ... and under no threat that they won’t continue to be paid in the future ... independent of any bailout largess ... which clearly would be destined to grease bloated pol’s pensions, waste and fraud? Such is Dem. demagoguery.

Greasing the Skids

Greece erupted in disturbing violence yesterday in response to the austerity measures that are being required of it to get the next round of bailout money.  I won't go into the details of this rioting ... you can read about it here.  The point of this blog entry is to reprise two data points I heard this AM on television.  First, in 2010 Greece passed a set of austerity measures to get the first round of bailout money - $61 billion.  It implemented not one of them.  Secondly, this time around the European Union (read Angela Merkel) is not taking the Greek Parliament at their collective word.  It is requiring the Greek party leaders to sign personal pledges to implement the measures that were passed into law yesterday before the $160+ billion of bailout money will be released to them (see: Wall Street Journal Article).

This sounds to me a little like the Treaty of Versailles that was foisted upon and humiliated Germany after World War I ... which many feel set the stage for World War II.  One wonders what this forced-fed dirt dish will eventually elicit from Greece?  Enter the drachma [stage right] ... ?