Lies Exposed

The entire Greek debacle from Friday was pretty transparent and embarrassing, I felt embarrassed for the EU finance ministers as it was so obvious that they were lying and skating around the question of a Friday meeting to deal with the Greek issue.

It's now official, they lied. The story can be found here.

Believe what you want of it, the facts are pretty plain vanilla. Greece has no credibility, they need a restructure of their debt, they needed one less then 6 months before they got their bailout and they want better terms. So what leverage do they have? "Give us what we want or we take the entire Union and currency down". No matter what is admitted, that' the bottom line using plain vanilla common sense.