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    What have I missed?

    What have I missed?

    I’ve been away from the blog for, oh, seven hours.

    Are we still the ones we have been waiting for?

    Is there anything he’s not willing to sell or raffle off to get reelected?

    Have any more people piled on Michele Bachmann?

    Is the Chief Cheesehead of the Supreme Court of Wisconsin still helping bring people together?

    So many questions, so little time.

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    turfmonster | June 29, 2011 at 12:08 am

    This column by Clark Judge at Hugh Hewitt’s website is the most important thing from this week. It’s about Larry Lindsey’s editorial in the Wall Street Journal being too optimistic regarding the deficit.

    http://www.hughhewitt.com/blog/g/85e8e56b-8d89-44cb-b484-245946c049ae


     
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    Viator | June 29, 2011 at 9:54 am

    Should American Taxpayers Finance another Big Fat Greek Bailout?

    “It appears that American taxpayers are about to subsidize another Greek bailout (via the Keystone Cops at the IMF). This is way beyond economically foolish. It is also morally offensive.

    To turn Winston Churchill’s famous quote upside down, “Never have so many paid so much to subsidize such an undeserving few.”

    Let’s start with a few facts:

    Greece’s GDP is roughly equal to the GDP of Maryland.
    Greece’s population is roughly equal to the population of Ohio.
    Despite that small size, in both terms of population and economic output, Greece already has received a bailout of about $150 billion (actual amount fluctuates with the exchange rate).
    Don’t forget the indirect bailout resulting from purchases of Greek government bonds by the European Central Bank.
    Now Greece is angling for another bailout of about $150 billion.”

    “[Greece is] one of the most corrupt, crony-ridden, patronage-ridden, inefficient, silly economies in Christendom. …The state railroad maintains a payroll four times larger than its ticket sales. When a military officer dies, his pension continues for his unwed daughter as long as she remains unwed. Various workers are allowed to retire with a full state pension at age 45.”

    CATO

    The article turfmonster referenced is highly recommended.


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