Thursday, July 21, 2011

The draft Eurozone plan — Marginal Revolution

The draft Eurozone plan — Marginal Revolution

Wow, this is disastrous. I'm not sure what to think about this. Must be a good way to bet on the dissolution of the Euro.

Wednesday, July 20, 2011

Rudderless EU: Chancellor Merkel's Dangerous Lack of Passion For Europe - SPIEGEL ONLINE - News - International

Rudderless EU: Chancellor Merkel's Dangerous Lack of Passion For Europe - SPIEGEL ONLINE - News - International

When I heard about Kohl's criticism a few days ago I just heard some sour grapes about the next generation. However, this morning I thought that this is the gist of the Greek crisis. Does Merkel want a unified Europe? The answer is no, not if it costs too much.

I don't think any of her actions over this crisis have reassured markets. She's only thinking about elections (as most politicians do). However she's showing a remarkable lack of leadership for the European Project. If you were trying to slowly dissolve it, she's doing a pretty good job. If I were a betting man, I'd say Greece is and the Euro are in serious trouble as long as Merkel keeps up her schtick.

Tuesday, July 19, 2011

Political Animal - Brooks blasts the ‘Gods of the New Dawn’

Political Animal - Brooks blasts the ‘Gods of the New Dawn’

http://www.nytimes.com/2011/07/19/opinion/19brooks.html?src=recg

This "Gods of a New Dawn" fits the modern GOP. In it I see what has happened in Wisconsin and Governor Scott Walker. The GOP has won a traditionally moderate to progressive state with the familiar Tea Party/Conservative bent. They try to implement their world view and all hell breaks loose. This works in the South, but is fought everywhere else.

The GOP want to do this nationally. That's the plan. I'm not sure that it is a good way to govern, but that's what they want. The continued Southern Fried GOP rolls on with consequences for the rest of the nation.