We live in a time of government by con men, women, and those of flexible and reassignable gender. In the last few days this bitter truth has become even more obvious than it was after Fast and Furious, Benghazi, Syrian Red Lines, Obamacare, gay wedding cakes, and Rebel flags.
In these past few dark days, we have seen two enormous cons run on the world by our "leaders." These cons will have direct and negative impact upon the lives of tens-of-millions of people around the world. One, of course, is the Greek Deal which avoids all the issues of how Greece and the world's fiscal and monetary policy have fallen into the abyss, and merely perpetuates the EU's Three Card Monte game. In the end, of course, Greece must default, walk away from the euro, and let the market set the true value of its currency and economy. Nothing else will work, but that's not the way, at least for now.
In these past few dark days, we have seen two enormous cons run on the world by our "leaders." These cons will have direct and negative impact upon the lives of tens-of-millions of people around the world. One, of course, is the Greek Deal which avoids all the issues of how Greece and the world's fiscal and monetary policy have fallen into the abyss, and merely perpetuates the EU's Three Card Monte game. In the end, of course, Greece must default, walk away from the euro, and let the market set the true value of its currency and economy. Nothing else will work, but that's not the way, at least for now.
The Greek Con, however, fades into Junior Varsity status, into high school amateur theatrics, when compared to The Greatest of The Cons announced, appropriately, enough just in time for Bastille Day--commemorating another of history's Great Cons, the French Revolution. I speak, of course, of the Iran Deal. I have written before about the negotiations with Iran (here, here, and here), and nothing stated then seems to have proven wrong.
Read more at The Diplomad 2.0
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