The new norm. squander ones country then bail......
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Like rats on a sinking ship, the Greek prime minister Lucas Papademos seeks his exit before the total and complete destruction of Greece.
If you prefer a different analogy, like Pontius Pilate, prime minister Papademos washes his hands of this sordid affair.
The New York Times reports Snap Elections for Greek Parliament Are Set for Early May
Greece’s interim prime minister, Lucas Papademos, called for snap elections on Wednesday, opening the way for a contest that promises to be the most fiercely fought in decades but which might not yield a definitive result, potentially putting the debt-racked country’s international bailout plan in jeopardy.
In a televised address to the nation on Wednesday night, Mr. Papademos said he had gained the approval of President Karolos Papoulias to dissolve Parliament and go to elections on May 6.
“The current government has completed the key task that it was assigned,” he said. “A new government, with a fresh popular mandate, will be tasked with continuing the effort to reconstruct the economy.”
Public anger has been swelling against the politicians who approved austerity measures and are perceived as having created the dysfunctional state that created the conditions for
http://globaleconomicanalysis.blogspot.com/2012/04/rats-on-sinking-ship-scramble-for-last.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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