Not a joke. Pant Suits really did praise the country that has the EU on the verge of imploding.
(IBD) — Secretary of State Hillary Clinton on Sunday praised Greece for its economic policy “leadership.” Wait a minute: Isn’t this the country that lied to its creditors and has just stuck U.S. taxpayers with an IMF bailout?
Greece is such a wretched mess that it’s hard not to feel sorry for it. It’s racked up $329 billion in debts it can’t pay.
Now it’s passed an austerity package in exchange for a $145 billion bailout from the International Monetary Fund and has its hand out again for a bailout from Europe, which will be hashed out Wednesday.
Beset by riots from its own clueless citizens who refuse to recognize that it’s out of money, Greece has become pathetic. In such straits, it’s tempting to offer its government some encouragement.
HT: Jay