KInd of a big deal, right? (Stop Me Before I Vote Again)

KInd of a big deal, right?

By Michael J. Smith on Thursday October 27, 2011 12:02 AM

That's Angela Merkel above, looking like Winnie-the-Pooh receiving the Stigmata. After a very bad night.

Leaders Reach Deal for Banks to Take Loss on Greek Debt
BRUSSELS — European leaders made significant progress in resolving the euro zone financial crisis in meetings here that stretched into Thursday morning, obtaining an agreement from banks to take a 50 percent loss on the face value of their Greek debt.

See? Getting wild in the streets pays off. Fifty percent isn't nearly enough, of course -- the banks should take a bath, not just a haircut -- but then again, I don't expect all the people in the street will now head quietly home, either.

Posted by Michael J. Smith on Thursday October 27, 2011 12:02 AM | Permalink

Comments (8)

Sandwichman:

Talk to the hand?

Posted by Sandwichman | October 27, 2011 12:33 AM

Posted on October 27, 2011 00:33

Mike Flugennock:

Bath, hell; the banks should take a bullet to the brain.

...but then again, I don't expect all the people in the street will now head quietly home, either.

Maybe not in Europe, but in the US? Fuck, yeah; they'd be like, "cool, let's break camp and go get some pizza." Look what happened with the antiwar "movement" after Obummer took office.

Posted by Mike Flugennock | October 27, 2011 11:33 AM

Posted on October 27, 2011 11:33

MJS:

I have a feeling we may be seeing something slightly different at work now here in the US. Different crowd, I think -- not so easily impressed by Democrats(*). And even those disposed to be impressed can hardly fail to notice that the Democrats have spent the last three years selling 'em down the river.

---------

(*)Cf. R Crumb's immortal Fritz The Cat: "Dumb chicks. Easily impressed by spades."

Posted by MJS | October 27, 2011 12:16 PM

Posted on October 27, 2011 12:16

Chomskyzinn:

I agree with MJS re OWS.

There's something (different) happenin' here....

Posted by Chomskyzinn | October 27, 2011 12:54 PM

Posted on October 27, 2011 12:54

op:

I agree too

We are in the interzone
New stuff may arise

Posted by op | October 27, 2011 6:12 PM

Posted on October 27, 2011 18:12

Mike Flugennock:

Fadduh Smiff sez on 10.27.11 @12:16:

I have a feeling we may be seeing something slightly different at work now here in the US. Different crowd, I think -- not so easily impressed by Democrats(*).

http://www.sinkers.org/posters/infiltrator/infiltrator.jpg

That is all.

Posted by Mike Flugennock | October 27, 2011 7:08 PM

Posted on October 27, 2011 19:08

op:

"oh please don't give us a hair cut"

recall this big well connected euro banks can get all the funds they need from the
ECB

their hair grows back
with an angelic swiftness

Posted by op | October 28, 2011 12:58 PM

Posted on October 28, 2011 12:58

juan:

Mike should like this -