Greece Today

Greek MPs pass austerity measures. Oddly, at the same time, Greek people weigh in on the idea of years of crushing recession to pay for politicians' profligacy & central bankers' unwillingness to make investors actually lose any money: Cause, meet effect. Dammit.

Wow – Twice In One Week

Dean Baker catches Tom Friedman looking very silly, indeed - again. Of course, this recent column will not make Friedman look silly to any of his regular readers who are both not informed through other means already and too incurious to doubt Friedman's statements of fact, because Friedman sounds so convincing when he pontificates thusly on things he knows little about, like the debt crisis...