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SanDiegoNonSurfer

SanDiegoNonSurfer
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  • Greece threatens to sue Europe [View news story]
    Maybe you could taunt them a second time.....
    Jun 30, 2015. 04:05 AM | 1 Like Like |Link to Comment
  • Greece: Should I Stay Or Should I Go... [View article]
    Ok, I can't resist mentioning that Joseph Stiglitz is saying the same things I've been -- in almost the same way: http://tinyurl.com/por...

    Yes, I'm being shameless, but can you blame me? Especially when nearly the entire community of SA has just finished calling me a moron or deluded (or both) for a POV that mirrors Stiglitz'. With the exception of two kindred spirits: kmi and sevenseas.
    Jun 30, 2015. 01:27 AM | Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    "I'm sure they are playing games as game theory"

    The media has been mindlessly eliding the analytical discipline known as "Game Theory" with "playing games", so it's entirely excusable you'd think they're sort of the same thing. However, they're not. Game Theory is a mathematical framework for analyzing individual v group behaviors based on utility. Playing games means you were busy throwing spit wads in the Game Theory class and therefore flunked the final exam.
    Jun 29, 2015. 10:49 PM | Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    Hadn't known that! Just googled Juncker+lie...apparently he's known as "The Master of Lies". News to me...I only knew that troika not demanding pension cuts was certainly not true.
    Jun 29, 2015. 10:40 PM | Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    "Mr Juncker is the actual, current president of the European Commission"

    Uh.. that was a joke. Ok, it was only halfway a joke. Because...

    "it would be misleading to describe it as informal"

    And yet, that is >>EXACTLY<< how the Lisbon Treaty describes the group that selected him -- "informal"!!! (Credit to kmi for pointing that out).
    Jun 29, 2015. 10:33 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Greek Crisis Batters Markets Worldwide [View article]
    "Talk about revisionist history."

    Not revisionist at all. It's 100% accurate. The transition from deficit to surplus corresponds exactly to the removal of Republican ability to obstruct budget decisions. As soon as that changed, California began accumulating a surplus. And it's been growing ever since. The fact that you don't like it doesn't stop it from being true.
    Jun 29, 2015. 09:18 PM | 3 Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    "you must have me confused with someone else"

    That's possible! Thanks for clarifying.
    Jun 29, 2015. 09:04 PM | Likes Like |Link to Comment
  • Greece's Tsipras sets July 5 referendum on bailout [View news story]
    "Based on the definition of clowns, I strongly believe SanDiego fit perfectly in that. "

    In the tradition of the court jester -- the one who tells truth even in the presence of the king.
    Jun 29, 2015. 08:59 PM | 2 Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    Thanks, kmi. Interesting episode! So is Juncker the actual or just an informal (whatever that means) President of the EC...?

    I do agree (and have also previously said) that everyone's been making up "rules" as they go. And that ECB is the EZ's enforcer. Yes, it will be interesting to find out where this leads.

    Best to you and hope your family in Naxos comes through ok.
    Jun 29, 2015. 08:48 PM | Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    "One of the two is lying...I would bet the Greeks"

    You'd lose if you did. In this case it's most definitely Juncker. Not because Greeks would never lie but because this particular item was very clearly described by all parties as being an intractable difference between Greece and her creditors.
    Jun 29, 2015. 05:51 PM | 2 Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    Welcome...it's an education alright!

    I also saw humor in those deadly warning letters :-)
    Jun 29, 2015. 05:45 PM | 1 Like Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    "I believe Greece said they wouldn't pay tomorrow (June 30th), doesn't that qualify as default?"

    Do you mean pay the IMF? No, technically that would put them "in arrears", but would not be a default. Turns out IMF rules are a bit arcane and not always intuitive. This is something I also hadn't known about until recently.

    Here's a source other than me: http://tinyurl.com/on9... You can easily find more by googling.
    Jun 29, 2015. 05:35 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Throw China A Life Preserver [View article]
    "Prior, traditional marriage law did NOT discriminate against gays. The same laws that applied to us, applied to them."

    Sorry, but that's simply not true. Prohibiting gay marriage puts gay couples who wish to form a legal union in the position of not being eligible for the tax benefits, estate benefits, death benefits, medical benefits, and housing benefits that other citizens receive. IOW, they're discriminated against on the basis of class membership.

    There's plenty of legal and historical precedent for the recent Supreme Court decision. Keep in mind that many were no less outraged over women and dark-skinned people being allowed to vote.
    Jun 29, 2015. 05:28 PM | 1 Like Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    Here's a "eurotreaties.com" website: http://tinyurl.com/p9p... where you can access the full treaty texts. Bet their servers are going to be busy over the next few days.
    Jun 29, 2015. 05:15 PM | Likes Like |Link to Comment
  • Greece threatens to sue Europe [View news story]
    "Don't really understand what is meant by 'The EU treaties make no provision for euro exit and we refuse to accept it'"

    This is actually a very interesting and little-explored corner of the whole situation. XTigerX is correct that the U.S. is a political union and the EU is not. The EU is a treaty block. All the member states are sovereign signers to the Treaty on European Union. From which there is no provision for exit!

    This has been mentioned from time-to-time by analysts, but then set aside on the basis that if Greece "don't play ball", a way will be found to eject her. And certainly, if Greece desires to leave, that will be allowed to happen. But...I've never seen anyone address the question, what if Greece don't play ball AND refuses to leave AND pursues her rights under the treaty.
    Jun 29, 2015. 05:03 PM | Likes Like |Link to Comment
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