>>>And obvously, wrong is whatever is not right enough:
>>>
>>>
http://www.telegraph.co.uk/finance/economics/11949701/AEP-Eurozone-crosses-Rubicon-as-Portugals-anti-euro-Left-banned-from-power.html>>
>>According to the article, Portugal is in worse fiscal shape than Greece. If so there will likely be a Greek-style crisis at some point and Merkel and the German taxpayers will be asked to bail them out.
>>
>>If the elected majority government is recognized, the crisis happens now. Not recognizing it may buy some time. I suspect Germany and the rest of the EU already has serious donor fatigue; will extra time affect that, and subsequent negotiations?
>>
>>The article claims "Mr Cavaco Silva is effectively using his office to impose a reactionary ideological agenda, in the interests of creditors and the EMU establishment, and dressing it up with remarkable Chutzpah as a defence of democracy." My take is it's more
realpolitik than ideology.
>
>So how is this democracy?
I'm not saying it's democracy, it's
realpolitik.
Regards. Al
"Violence is the last refuge of the incompetent." -- Isaac Asimov
"Never let your sense of morals prevent you from doing what is right." -- Isaac Asimov
Neither a despot, nor a doormat, be
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