Monday, June 29, 2015

WILL GREECE CROAK?



The banks in Greece will be closed Monday in order to prevent a collapse of the country’s banking system; the European Central Bank has refused to increase the amount of emergency loans it provides for the country’s cash-strapped lenders.  Athens will almost certainly default on a $1.72 billion payment it owes the International Monetary Fund on Tuesday. Greece’s international bailout expires the same day, meaning the country will no longer be under the umbrella of the international rescue package. Finance ministers of other Eurozone countries rejected Greece’s request for a one-month bailout extension to give it time to hold a referendum. 

COMMENTS:
The Greek economy is once again on the precipice of collapse and even closer than it has been before.  Such a failure could signal the start of a worldwide economic calamity… even another Great Depression.  This is not a good time to be in the stock market; not even Obama could save us. 

TODAY’S QUERIES & ANSWERS:
Q. So, you’re a bigot and you’re against gay marriage. Defend yourself.  (Hannah ~ San Francisco, CA)
A. The Constitution explicitly provides that anything not covered in the Constitution is reserved to the States and the people to decide; no exceptions are provided for.  Marriage is not mentioned.  It is therefore solely a right of each individual state to decide.  Some states are for it, some are not, but the Federal courts and the Supreme Court have absolutely no jurisdiction over the matter… period.  My personal beliefs are beside the point, but I care little about whether or not two gays have a civil union if the state law allows for it.  California voted overwhelmingly against gay marriage… twice.  Finally, the next step in this vendetta against my religious beliefs will be the requirement that the churches conduct gay weddings or lose their tax exempt status, and that amounts to religious persecution.  The Bill of Rights has been trampled upon and yes, I’m damned pissed off about it, for the same reason I’m pissed off about having to pay for someone else’s healthcare. And, you have no right to label me a bigot simply because I vehemently disagree with you.  

Q. What’s going to happen with the Iranian nuke deal?  (Andre ~ Newark, CA)
A. Another "firm" Obama deadline will pass and he'll go play golf.  What a first-class candy-ass!  

Q. The economy hasn’t improved that much.  California was on the verge of bankruptcy, but they don’t seem to be now; they’re spending money like there is no tomorrow.  Where are they getting it?  (Rod ~ Apache Junction, AZ)
A. Traffic fines; they are the highest in the country, and there’s a cop behind every billboard and juniper bush. 

TODAY’S QUOTE:
“I’m pretty sarcastic, and sometimes that doesn’t get properly translated in the written word.  But, that’s your problem.” ~ The Unknown Scribbler

TODAY’S VIDEO:

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