Greece: Dispatches from the Boned

August 13th, 2015

So I haven’t done a Greek update in a while, since after Greece caved into the inevitable (Newsflash: broke people generally do not have leverage over those lending them money), it was all over but the shouting. Now that Greece and its creditors supposedly have a third bailout deal inked, and Greece settles into its clearly defined misery, let’s take a look at exceptionally bankrupt Greece these days, shall we?

  • Via Zero Hedge comes former Greek finance minister Yanis Varoufakis’ detailed review of the bailout agreement. It’s a mixture of self-serving lies (trying to distance his own Syriza party from the horrific economic mess they made acutely worse) and brutal truths (about just how screwed Greece is by the agreement).
  • Speaking of Varoufakis, it looks like he’s going to be up on hacking charges…for preparing emergency plans to float the drachma.
  • Oh: He also says the latest bailout deal won’t work. He’s not wrong…
  • Greece’s economy miraculously grew in the second quarter. But that was before the full effects of the crisis were reflected…
  • Greece’s tax revenues have collapsed.
  • Greece’s manufacturing sector fell off a cliff in July. Funny how that happens when your banks are closed and you can’t pay for goods.
  • Greece faces two years of recession. That part’s probably true. But that primary budget surplus? Yeah, not so much.
  • “Greece’s banks just made the mistake of being banks in Greece.”
  • After all that? Greece still isn’t fixed.
  • To add a cherry on top, Greece’s refugee crisis continues to grow. Because it’s still safer to live in bankrupt Greece than the Middle East…
  • Sixth Planned Parenthood Video Drops

    August 13th, 2015

    Haven’t watched the whole thing yet, but evidently Planned Parenthood actual has a price sheet for baby parts. Or, as they call them, “products of conception.”

    Russian Tank Flipping Over in Victory Square

    August 12th, 2015

    Judging from the stats on my previous tank flip video, there are few things blog readers love more than watching Russian tanks flip over.

    Because I’m A.) Here to serve, and B.) Feeling incredibly lazy right now, here’s another Russian tank flipping over:

    Looks like an old T-34 to me…

    Why Did Obama Back Jihadists in Syria?

    August 10th, 2015

    This piece in Foreign Policy Journal is certainly eye-opening:

    In Al Jazeera’s latest Head to Head episode, former director of the Defense Intelligence Agency Michael Flynn confirms to Mehdi Hasan that not only had he studied the DIA memo predicting the West’s backing of an Islamic State in Syria when it came across his desk in 2012, but even asserts that the White House’s sponsoring of radical jihadists (that would emerge as ISIL and Nusra) against the Syrian regime was “a willful decision.” [Lengthy discussion of the DIA memo begins at the 8:50 mark.]

    Amazingly, Flynn actually took issue with the way interviewer Mehdi Hasan posed the question—Flynn seemed to want to make it clear that the policies that led to the rise of ISIL were not merely the result of ignorance or looking the other way, but the result of conscious decision making:

    Hasan: You are basically saying that even in government at the time you knew these groups were around, you saw this analysis, and you were arguing against it, but who wasn’t listening?

    Flynn: I think the administration.

    Hasan: So the administration turned a blind eye to your analysis?

    Flynn: I don’t know that they turned a blind eye, I think it was a decision. I think it was a willful decision.

    Hasan: A willful decision to support an insurgency that had Salafists, Al Qaeda and the Muslim Brotherhood?

    Flynn: It was a willful decision to do what they’re doing.

    The deeply puzzling thing about Obama’s Middle East policy is it’s sheer incoherence (except, of course, his unwavering dislike of Israel). His fixation on taking out Bashar Assad (a bad actor, to be sure, but not in the same league as the Iranian Mullahs who back Assad, and who Obama evidently has no qualms negotiating with) makes no strategic sense. In light of the above, he’s evidently funding the Islamic State in Syria, fighting it (in the most desultory manner possible) in Iraq, giving in to Iran on nuclear weapons, alienating allies Israel and Saudi Arabia, and has no discernible policy for a post-Morsi Egypt. Obama’s moves only make sense if he wants to promote a Sunni/Shia civil war, or as Obama’s personal fits of pique where he feels slighted. (Screw Syria for ignoring his red lines. Screw Israel for daring to reelect Netanyahu. Screw Iraq for Bush succeeding.)

    The only certainty about Obama’s foreign policy is that future administrations will be dealing with the repercussions from his feckless, aimless foreign policy for decades to come.

    (Hat tip: Jihad Watch.)

    Russian Tank Driver Manages to Roll a T-72

    August 8th, 2015

    This appears to be from some sort of Russian tank proving ground. Skip to 1:46 for the really interesting stuff.

    Honestly, until I saw this I was unaware it was even possible to roll a T-72 on level ground.

    That’s some might fine driving you’ve done there, Ivan…

    Update: Comments below and elsewhere seem to indicate this is a Kuwaiti driver managing to roll the tank.

    LinkSwarm for August 7, 2015

    August 7th, 2015

    Time for the traditional Friday LinkSwarm!

  • Unions represent the main political obstacle to just about every kind of reform: School choice. Entitlements. Pensions. Health care.” (Hat tip: Pension Tsunami.)
  • Since the 70th anniversary of the Hiroshima bombing is upon us, time for a classic reprint: “Thank God for the Atomic Bomb.”
  • Illegal alien pulls gun on police in Pearland, lucky to still walk among the living. (Hat tip: SooperMexican.)
  • Side effect of Seattle’s minimum wage law: workers asking for fewer hours so they can keep getting government money.
  • Once again Dwight is on the DefCon beat.
  • “As I dug the bodies of several women out of the rubble, one of the other rescue workers asked if I’d heard that Cecil the Lion was killed. I froze in shock, dropping part of what I assume was once a human arm on the ground. ‘Not Cecil the Lion!’ I exclaimed. ‘Not him! Truly, is there no innocence left in this world?’ I cried harder than when we discovered my brother was gay and ISIS forced us to throw him off a building.”
  • Why the news media can’t do straight reporting on guns:

    The news, like Hollywood, became trapped in creating and fawning over celebrities. Getting Anderson Cooper publicized became more important than breaking the big story. When you have celebrity reporters telling you how they feel about being in Iraq instead of reporting on how our troops are doing you begin to lose perspective. With guns, instead of going to gun ranges, gun-owner’s homes, instead of interviewing women who’d stopped an attacker, and instead of really trying to understand the world such women live in and what they’re going through, they just tell us how they feel.

  • Respectable Dallas Observer liberal Jim Schutze goes to a Social Security office to get a replacement card for the one he lost. Simple, yes? Eh, not so much.
  • Speaking of the Dallas Observer, here’s one of their writers praising the Tea Party. Dogs and cats sleeping together!
  • Oh boy: Via Mark Steyn comes another story from Rotherham involving children with something to offend everyone.
  • St. Louis judge: Mere taxpaying peasants don’t get to vote on stadium subsidies their betters have decided on.
  • A sinkhole grows in Brooklyn. You can’t really expect Mayor Bill De Blasio to deal with this sort of trivia when there are so many cops to insult…
  • Welcome to the era of the $400 textbook.
  • Speaking of cops, a Taco Bell worker was fired for writing PIG on a policeman’s order (Hat tip: SooperMexican.)
  • Just about all Olympic athletes are doping.
  • Ted Cruz Makes Bacon With a Machine Gun

    August 6th, 2015

    OK, now he’s officially the front-runner…

    (Although to my sight, it looks a lot more like an assault rifle like (Maybe an HK MR556A1? The glimpse is pretty brief.) than a machine gun.)

    (Hat tip: Ann Althouse.)

    Texas vs. California Update for August 5, 2015

    August 6th, 2015

    Time for another Texas vs. California roundup:

  • Oakland’s monthly rent has doubled in the last five years, but the Oakland police are laying off people and no longer investigate property crimes. (As Zero Hedge notes, average rent is now more than it was in San Francisco in 2012.) How’s that Blue State model of high taxes, high public union salaries, and declining basic services working out for you California?
  • Controlling big budget government programs through ballot initiatives.
  • Only voters can stop California’s union pension crisis. “Government union bosses are desperate to protect their gravy train at taxpayers’ expense. That’s why they are spinning a web of lies about the [ballot initiative].”
  • “With CalPERS’ actuaries demanding a pension funding increase from $3.7 billion to $7.25 billion by 2020, the state must either cut payroll by 30 percent or find a massive new tax source, like overturning Prop. 13.” (Hat tip: Pension Tsunami.)
  • Visualizing California’s staggering pension hole. (Hat tip: Pension Tsunami.)
  • Need to make up the funding shortfall for CalSTARS means cutting into actual teacher salaries.
  • Finally, California beats Texas in job creations. For one month. And by some 6,000 jobs.
  • The Green Behind California’s Greens: A handful of superrich donors have created the illusion of a grassroots environmental movement.”
  • Cloud Computer company LiveOps is moving from Redwood City, California to Cedar Park.

    “Thanks to our low-tax, low-regulation environment that allows all businesses to thrive, the State of Texas has become the national leader for technology job creation, and we continue to attract tech companies from around the country and around the world,” [Governor Greg] Abbott said. “On behalf of the State of Texas, I am pleased to welcome LiveOps to the Lone Star State as the company seeks to transform cloud-based customer service. With their help, the State of Texas can, and will, continue to lead the nation in job creation within the technology sector.”

  • Bra-maker Fashion Forms is relocating from Ventura, California to Austin.
  • California-based Relativity Media files for bankruptcy. Forbidden Kingdom was pretty good. Skyline was a pile of crap…
  • Add California to the list of Democratic Party controlled polises trying to kill Uber.
  • The War on Photography continues apace in Northern California.
  • Facebook is opening a $1 billion data center in Ft. Worth This means they’ll be able to ignore your “Most Recent” setting and tag you in sunglasses spam ten times faster…
  • Not News: Hillary Clinton Unpopular. News: Among White Women

    August 5th, 2015

    This doesn’t sound like good news for Team Inevitable:

    Many Democrats have long hoped that Hillary Clinton might expand Barack Obama‘s electoral coalition by drawing in more white women voters.

    A new Wall Street Journal/NBC News poll suggests she may have a tough time pulling it off. Mrs. Clinton is losing ground with white women and many other important slices of the electorate, the poll shows, amid a spate of reports about her email practices, speaking fees and foreign donations to the Clinton Foundation.

    In June, 44% of white women had a favorable view of Mrs. Clinton, compared to 43% who didn’t. In July, those numbers moved in the wrong direction for Mrs. Clinton: Only 34% of white women saw her in a positive light, compared to 53% who had a negative impression of her, the poll found.

    Gee, turns out women voters aren’t wild about an inept politicians with anger and entitlement issues who consistently breaks both ethics guidelines and the law for personal gain. Who knew?

    Good thing for Hillary that white women aren’t an important part of her voting coalition…

    Team Shrimp Boy Chow Says San Francisco’s Mayor Took Bribes

    August 5th, 2015

    Though California Democratic state senator Leland Yee has plead guilty to one charge of racketeering, the trial of confederate Raymond “Shrimp Boy” Chow is still pending. And his lawyers have dropped a bombshell of a charge:

    In an explosive court filing, lawyers for a former Chinatown gang leader said Tuesday that federal authorities shielded San Francisco Mayor Ed Lee from prosecution despite evidence from the FBI that he had taken bribes, funneled through two members of the city’s Human Rights Commission.

    The two alleged go-betweens, Nazly Mohajer and Zula Jones, both told undercover federal agents that “Ed Lee knew he was taking money illegally,” attorneys for Raymond “Shrimp Boy” Chow said in federal court papers.

    Snip.

    “The FBI alleged in discovery that Ed Lee took substantial bribes in exchange for political favors and that Human Rights Commissioners Nazly Mohajer and Zula Jones hustled in these bribes for the mayor,” defense lawyer Curtis Briggs said in a filing seeking dismissal of the charges against Chow. Briggs is a law partner of noted attorney J. Tony Serra, who has been representing Chow in court.

    Lee “took over $20,000 from federal agents in his first four months in office,” Briggs said. He said the government “successfully engaged both (state Sen. Leland) Yee and Mayor Ed Lee in bribery scandals, yet only indicted Yee,” who had run unsuccessfully against Lee for mayor in 2011.

    Assuming these charges are true, why would the FBI charge one corrupt California Democratic politician taking bribes, but not another?

    A good question…