Category Archives: Media
Greece is in default. On Tuesday the government missed a payment deadline on its IMF debt. On Sunday Greeks will vote in a referendum to accept terms from the IMF for more loans. The terms include tax increases and pension cuts.
Prime Minister Alexis Tsipras says he’ll step down if the referendum passes. Holman Jenkins in the WSJ says Greece has put a gun to its head saying, “Pay us ransom or the idiot gets it.”
When I was in high school I was told I could be whatever I wanted to be. I had no idea.
Donald Trump threw his combover into the presidential ring this week. Kevin Williamson of National Review didn’t seem impressed. He called him a “witless ape” and an “ass”:
…grunting like a baboon about our country’s “brand” and his own vast wealth…
Trump did point to his wealth as a qualification. Williamson pointed to Trump’s bankruptcies:
The Trump conglomerate is the Argentina of limited-liability companies, having been in bankruptcy as recently as 2009. To be sure, a lot of companies went bankrupt around then. The Trump gang went bankrupt in 2004, too, and in 2001.
Then Williamson brought up another rich guy who financed his own campaign and caused a Bush to lose to a Clinton:
We’ve been to this corner of Crazytown before. If we’re going to have a billionaire dope running for the presidency, I prefer Ross Perot and his cracked tales of Vietnamese hit squads dispatched to take him out while Lee Atwater plotted to crash his daughter’s wedding with phonied-up lesbian sex pictures.
The NYT is on Marco Rubio’s case. The paper reported he’s had 4 traffic tickets in 17 years! Not only that, he used an $800,000 book advance to pay off $100,000 in student loans and buy an $80,000 fishing boat – or a “luxury speed boat”. All this packed into not one, but two stories. The second story appeared on Wednesday’s front page under the headline Rubio Career Bedeviled by Financial Struggles.
Meanwhile a picture directly above the Rubio story, in the print edition, features the financial struggles of former House Speaker Dennis Hastert. Hastert’s struggles aren’t so much like those of normal people. He’s accused of agreeing to pay $3.5 million in blackmail. Paying blackmail isn’t illegal, but using your own cash to do it is, if you withdraw over $10,000. Hastert tried to avoid that by taking out less than 10 grand more often. Apparently that’s illegal too.
Jon Kass of the Chicago Tribune is not happy with Dennis Hastert.
NSA may have cut back on stealing your data but China hasn’t. Chinese government operatives continue to hack U.S. government, university, and corporate networks. A WSJ editorial titled The Chinese Have Your Numbers claims they made off with the personnel files of 2.1 million fed employees. Could be you’ve earned a purple heart in a cyber war and don’t know it.