He who places his hope on thee, O Virgin all-glorious, will prosper in all he does.

Inscription on Byzantine coin during reign of Romanus III

Friday, May 18, 2012

Did You Just Play Your Ace?

Back when I was in the academy, the Sergeant told us something like, "When you're responding to a fight call, don't play your ace right away or else you'll end up looking stupid".

Alexis Tsipras, leader of Greece's Syriza party said that he'd repudiate Greece's debts if the Eurozone cut off further funding.

Ok, you've played your ace. Thanks for the belated warning. Now what?

Efforts have been underway for the last 18 months to prepare for an eventual Greek repudiation. I'd rate his ace more like a mean-case 5 or 6 or a worst-case 10. A Greek exit from the Eurozone would hurt Greeks more than anyone else, you know, with at least 100% inflation for those entitled public pensioners and a halving of everyone's savings, except for the prudent Euro hoarders. The Germans are better off husbanding their welfare checks for countries with genuine growth prospects, like Spain or Portugal or Italy.

Fire away, Ace.

No Worries, Stud

Desmond Hatchett, 33, of Knoxville has children with 11 different womenLink

Wednesday, May 16, 2012


Am I hearing that the drachma won't be worth spit? Naw, the drachma could be worth as much as 0.5 euros.

I added trenchant comments over at Ad Orientem.

Tuesday, May 01, 2012


Arianna Huffington, founder of the liberal leaning news site The Huffington Post, has criticized the Obama campaign for an ad suggesting that Mitt Romney wouldn’t have killed terrorism kingpin Osama bin Laden, calling the move 'despicable'.

I agree.

I'm acquainted with a SWAT Captain who, after he sledged down a suspect with 00 buck, passed around autopsy photos and loudly calculated his shotgun qualification score as if the suspect been a B-27 silhouette.

Ok, I'm entirely sympathetic with the morbid humour of those who inhabit the nuanced world of mortal peril, but I can't stomach the fake bravado of the pussycat who takes credit for the hard decisions and dirty fingernails that he leaves to others.

Former Attorney General Michael Mukasey wrote of the Bin Laden decision in today's Wall Street Journal:

A recently disclosed memorandum from then-CIA Director Leon Panetta shows that the president's celebrated derring-do in authorizing the operation included a responsibility-escape clause: 'The timing, operational decision making and control are in Admiral McRaven's hands.'

But What Do The Shareholders Say?

The British government says that Rupert Murdoch is unfit to run his media empire.