However, I was very pleasantly surprised by one thing. Flicking over to my fave UK politics blog Ten Percent, your humble scribe today read owner (and IKN friend) RickB's stunningly good rant on the whole Greece affair. I'd never have suspected that the best Greece bailout commentary so far would come from that quarter, but there ya goes, Joes. Here's an excerpt:
"This is a rescue package within the rules of the game, better than what could have happened but ultimately it prolongs the scam. Neoliberalism does not work, financialisation in place of actual productivity does not work (excuse the pun), capitalism unregulated and unconstrained does not work, Adam Smith was actually very clear on that despite what Randroids and laissez faire fundamentalists prefer to read into his works (by current standards he’d be labeled a socialist by corporate media). What we are seeing is a rolling breakdown of systems of human activity because we are serving the economy not making the economy serve us."
Yes, yes, and thrice yes. Go over and read the whole thing at Ten Percent by clicking this linky right here.