Today’s a big day in European politics. French voters are going to the polls to decide the fate of Nicolas Sarkozy, the socialist incumbent. I’ve endorsed Francois Hollande, the Socialist challenger, so I’m curious to see what will happen.
The more important contest, though, is in Greece. Voters are electing a new Parliament, and it will be interesting to see whether the two establishment parties (both of which are statist, of course) hold on to power.
The looters and moochers that comprise the Greek electorate are in a pissy mood and may opt for various protest parties.
That’s not too surprising, but the press coverage of the election is a bit surreal.
An article in the EU Observer is entitled “Greek elections to usher in anti-bail-out parties,” and the opening paragraph echoes this title, implying that Greek voters don’t like bailouts.
Greece’s two main parties are set for heavy losses in Sunday’s (6 May) elections, with anti-bail-out groups on the extreme left and right to enter parliament for the first time, raising again the prospect of an exit from the eurozone.
There’s just one tiny problem with the both the title of the first paragraph. Contrary to what’s written, the new political parties are pro-bailout. They are quite happy to mooch off German taxpayers, American taxpayers, and anyone else who is stupid enough to send money (after all, somebody has to finance critical functions of government, such as collecting stool samples from people who want to set up online companies and subsidizing pedophiles).
What gets them upset is the notion that they should do anything in exchange for these handouts. Perish the thought!
If the media had any brains (I don’t think this is a case of ideological bias), they would change the title from “Greek elections to usher in anti-bail-out parties” to “Greek elections to usher in anti-conditionality parties.” Or something like that.
I actually hope these anti-conditionality parties prevail. Because if they get power and say that they won’t do anything to fix Greece’s budget, maybe the fiscal pyromaniacs at the International Monetary Fund and elsewhere will finally stop the bailouts.
Which is what I said was the right approach way back when the crisis began. So maybe after every other option is exhausted, the right thing will finally happen. Hope springs eternal.