Euro Zone Comedy Relief

Last week it was the US government coming out with different explanations of what happened on the OBL raid. It's amazing that the government as big and powerful as it is can look so inept and foolish with all of these different accounts. If transparency was the "TRUE" goal, then as the president, 'd have the 40 (or how ever many it really was) raid team sitting in the Oval Office and telling me directly what happened.

To watch the day to day flip flopping really makes them look like amateur hour at a Karaoke bar in some backwoods bar.

Last Friday the E.U. showed us it doesn't sing very well either with the Greek debacle. As if the denials, no comments, "There's no meeting", "Uh there was a meeting" wasn't enough, we get an official typed denial from Greece and an investigation into Speigel, probably the only ones who don't need to be investigated.

To add to this comedy today, a German government advisor, which is convenient for plausible deniability (remember that the German populace is voting against anyone who supports EU bailouts, just as the Finns did) came out with an apparent shot right back at Greece or at least acknowledged that the Spiegel article wasn't that far off base and partially fulfilled my long standing belief that the E.U. in its current form will NOT survive intact.

From the government advisor: Eurozone needs a very comprehensive solution, or may not remain intact over next 12 months


Here's the whole story at Reuters