Down And Out In Carthage: Greece capitulated, gave the Eurozone leaders far more than the Greeks had already said 'no' to, and the Berlin/Brussels axis was not satisfied. They claimed even more “drastic measures” were necessary to save their lenders. Lenders. To hell with the Greeks, as long as they give away Greek government assets worth $56 billion, give Germany veto power on all financial transactions and laws in Athens, cut pensions and raise taxes and on and on. “The costs being demanded of Greece are so punitive that they are almost impossible to meet,” which is the general idea. Germany's Schäuble topped his invitation for Greece to become the most Southern Province of the new German Empire by explaining that the EMU must be “streamlined” and the government of the Eurozone “strengthened.” For which read Deutschlandüber alles.
Fighting Words: Bernie Sanders says “money cannot be the God of life,” which shows you how out of touch he is.
Their End Is Near: The scientists who spend their days measuring the speed at which human civilization is committing suicide end up taking their work home, in the form of depression and a form of PTSD. They know that things are far worse than most of us think, but they can't really talk about it for fear of personal, social, and financial repercussions.
Asked & Obvious: “How does the Eurosystem work? Not very well.
Rod, Sparing: What good does it do to punish a child who hasn't yet acquired the brain structure and functions required to control his behavior?
Let Me Repeat: In the decade from 2003 to 2013, the net worth of the average American household dropped by more than one-third. It has fallen nearly 50% from its 2007 peak in just six years.
Fair's Fair: Jebbie has accused Obama of creating chaos in the world by using too many “big syllable words”, something his brother never did.
Please Explain: Australia's Tony Abbott has ordered the Clean Energy Finance corporation not to finance new clean energy projects. He has also ended the government's investments in household and small-scale solar installations. On the other side of the globe, last Thursday Denmark produced 140% of its electrical demand through wind power.