High Expectations: Collapse of the Euro

Expectations rise on Greek eurozone exit

Eurozone central bankers have talked publicly lately of managing a possible Greek exit from Europe’s monetary union as stalemate in Athens talks on a coalition government raises the prospect that Greece will be forced to renege on the terms of its international bailout.

The comments by members of the European Central Bank’s governing council indicate that the risk of eurozone fragmentation is being taken increasingly seriously by the region’s policymakers. They mark a significant shift at the ECB, which has previously argued that European treaties do not allow for an exit and that a break-up would cause incalculable economic damage.

It's "their" Day

Motherhood is supremely overrated.

... unless you are a mother from Sparta

Romney passé

THE EVIL UNDER

THE SUN
Mitt Romney is an evil man. "I participated in many pranks in my life, and some went too far," is the self-apologetic wink of the man just found out. He forfeited all legitimacy to run for the highest office.

Everyone at some point in life was part of some prank, and hazing routines in US colleges are legendary. But not everyone is running for president, and the man in the... White House has to stand up to pristine standards (OK, forget Kennedy, Nixon, Johnson, Clinton). Throwing a classmate to the ground and humiliating the guy in a prolongued attack is neither a spontaneous act nor one of a spur of the moment kind of thing. It was a deliberate attack (concocted over several days) on a weaker classmate. It is not even relevant that the subdued comrade was gay, nor wether Romney knew. It exposed vicious traits in Romney's character that I fear could become a problem for the US if he were to be president.

As it happened, Mr Romney buried all chances to win the top job.

Obama: Oh so gay!

OH SO GAY...

Running neck-in-neck with Republican challenger Mitt Romney in the polls, president Obama is desperate to find any populist topic to exploit for his mission to be re-elected. What better subject than choosing "gay marriage" to boost his poll ratings? It took him months of pondering to let his heart or mind decide on the vexed issue.

His heart beats for his wife and daughter, hence the long-standing support for the traditional form of marriage. BUT, this is an election year, and the issue of gay marriage a welcome opportunity to make Republicans look like nasty and xenophobic Nay-sayers. Obama is a shrewd politician, and with his public endorsement for gay marriage - the first of a sitting US president - seizes the opportunity to pass himself off as a liberated, enlightened and all-embracing leader, how ever feigned the novel discovery of his conviction may be. How un-presidential, Mr President!

Vindobona + Iuvavum

Oh deary me!
Emily read an earlier posting on the country of "Ostrichia" and metered out swift punishment. She demanded in unmistakable terms that I fulfil a promise two years old, to take her to the tribes of Ostrichia and show her Vindobona and Iuvavum. Grudgingly I agreed, and we are set for 25-30 June, combining it with a long planned trip to Switzerland.

The posting (on Facebook) that caught her attention and alarm:

Austrians are world champions when it comes to denial, ostrich behavour (head-in-the-sand), self-absolution and blame (preferably Germans).

One of the exemplary icons of Ostrichia's infamy was Kurt Waldheim ("I wasn't a member of the SS, my horse was!"), who made a distinctly Ostrichian career: from SS lieutenant to the Alpine entity's foreign minister, to become UN Secretary General by freak coincidences and ending up as - chieftain amongst kinship - Ostrichian president. In his flawless English, accentuated by the typical accent of his homeland, he once said, "Ciss iss all ce same, vee arr oll frrrientz now."

Winds of Change in Europe

Hollande beats Sarkozy,
becomes president of France

Socialist candidate Francois Hollande has beaten incumbent president Nicolas Sarkozy in yesterday's run-off election by a margin of 51.6 - 48.4 percent. Hollande becomes the first socialist in 17 years to hold the highest office, while Sarkozy's unpopularity and often irrationally animated posturing in public, failed policies, unnatural close relations with Germany and a much behated pro-eurozone stance have turned him into a rare president chased out of office by the electorate after just one term in office.

Hopes in Europe are high that Hollande will lead France away from the sub-ordination of a proud French people under German and Brussels directives, and that the new president will push for an economic plan based on growth and better education, rather than Sarkozy's past eagerness to subjugate the country to Brussels strategists.

Greek Voters Deal Heavy Blow to Brussels

Sixty years of sometimes chaotic politics in Greece, including an intermezzo with military dictatorship and aggression against a neighbour (Cyprus) could not produce the result provoked by the EU bureaucrats in Brussels: nazis, communists, anarchists and street thugs have gained 60% of parliamentary seats.

The two ruling parties, socialist PASOK and conservative Nea Dimokratea (ND), who mustered 77.4% in the 2009 election, have suffered defeats of historical proportions, punished for the betrayal of the people to Brussels oligarchs. The two parties, no longer deserving the label "main" have been have been demolished, and have received less than 32% combined. In the new parliament they will have 148 seats of the 300-seat chamber, by the grace of giving the "strongest" party ND an extra 50 seats for finishing on top of all parties - barely. At 18.3% (down from 33.4) the ND edged out a new radical-left party (16.6%), while PASOK has been reduced to a splinter party of 13.2% (down from 43.6).

The EU can pride itself to be the main force of destruction in Europe. In other countries the revolt of voters against the dictate from Brussels has produced anarchist parties such as "Pirates Party" (no kidding, that's their nome de guerre!) in Germany, Denmark, Finland, Austria and Sweden.

The cracks in Europe have become gaping canyons, and Brussels oligarchy is the chief architect of Europe's undoing.

Greek Vote for Chaos

Greek voters have a clear message to Brussels: "Shove it!"

The two ruling parties, socialist PASOK and conservative Nea Dimokratea, who received combined 77.4% in 2009, have been mauled by voters, losing a combined 33 percent; neither party will reach 20% in the new parliament.

Extreme parties, which promise to scrap the commitments for the EU imposed austerity plan and bail-out conditions, will reach 50% of seats.

François Hollande, President-elect

FIRST EXIT POLLS INDICATE
TRIUMPH OF HOLLANDE

 In defiance of a ban of publishing exit polls before the 8PM deadline

Françoise Hollande has won the presidential election
by a margin of 3.0 - 3.5 percent.

Hollande: 51.0 - 52.0%  
Sarkozy: 48.0 - 49.0%

Voter turnout higher than in previous election and 1st round 2012 election, put at 80.5-81.5%

Surreal Labour Folly

LOCAL ELECTIONS:

LABOUR'S MERE CLAWING BACK

Labour's spin doctors, the Front Bench team of the proletarian plebs, try to portray the gains of councillors as something of a triumph. They are profoundly wrong.

Mid-term elections are always marked by losses to the party in government. The three-time general election wins of Tony Blair were no exception. Despite landslide victories for parliamentary seats, Labo...ur has lost more than 2,300 councillors while in government. After these losses Labour's gain of 825 councillors this year adds up to a mere 36% clawback from their thrashings since 2005.

 Given the severe nature of unpopular austerity measures taken by the government, necessitated in the wake of irresponsible mismanagement under 13 years of Labour, the loss of some 450 Conservative councillors is actually moderate. Even amongst conservatives there is unease over the current economic difficulties, forcing a large part of Conservative voters to abstain from polling. This explains the low voter turnout of 31%.

 The 2012 local elections are more a partial technical correction and normal mid-term occurance, and as a result Labour's exhileration over the results is barely comprehensible, premature and reality denying. It's a huge source of amusement to see Miliband & Co patting themselves for nothing, and hop-scotching happily towards their next mauling in the general elections. Keeping Labour at bay is, after all, good for the country and the people.

POST-POLLING DAY: Boris rules London, again
 
How deprived of anything worth to celebrate Labour are can be seen over their irrational euphoria to win back about 15% of the councillors they have lost over the past few years. The shift of about 700 seats from the coalition to Labour - far short of Labour expectations before the elections - is a normal and regular process to be observed at all mid-term elections in the previous 40 years. The moderate gains should entice Labour followers to consider to ditch their Westminster front bench, led by the buffoon Miliband and flanked by the morons Harman, Balls et al, rather than huddling together with their trademark self-praise, denial and surreal ill-founded confidence.

In London

We're in London (my postal ballot arrived a few days ago already), and celebrating tonight the victory over the anarchist Ken Livingston, I presume, by the darling of London lovers, Boris Johnson.

He'll stop by later, and I make no secret of my dislike of David Cameron - to be replaced by Boris in 2014. But tonight we celebrate today's victory, unabashed for all future inuendos or plans. [The knives are out at 30 Millbank, all we wait for is of Cameron to turn his back on us]

WTC resurrection

NEW YORK - OUT OF THE ASHES 
New Yorkers, and I feel a bit like one in exile, can rejoice: 1, World Trade Center will top today a height of 1,271 feet, and reclaim the status of Manhattan's tallest structure, 21 feet higher than the Empire State Building. And once its outer shell is finished next year it will majestically stand at 1,776ft, just 400 feet taller than the WTC destroyed in 2001.

It must be a gratifying feeling for an ever increasing number of people around
Manhattan as the tower rises; a gaping wound ready to heal.

Ukraine Flag

Paying tribute to a return to distinctly fascist traditions and methods, the old Hitler-ally Ukraine has resurrected a flag more appropriate, ahead of the European Soccer Championship in the summer.

Decent people are challenged to shun the Games in a country that constitutes the last fiefdom of Nazi rule in Europe.

The road to victory for Hollande

After the dubious support from the communists, François Hollande could quickly offset any unease over left-leaning experiments that might threaten the French after his election. His strategy to go into the May 6th vote should include to remind the National Front that their overwhelming support came from voters deeply disgruntled by Sarkozy, and that this attempt to rid France of the buffoon in the Elysée Palace can only mean to vote twice against that man.

 Also, Mr Hollande would benefit greatly from making Centrist François Bayrou his candidate for prime minister. Election arithmetic would mean that Hollande receives a share of 39% from the Left, 9% from the Centre and around 10% from the NP voters... making Hollande the winner by a margin of 58:42 - a landslide win. That easy...

Wicked-pedia: "Sarkozysm"

SARKOZYSM

 >> noun, - The pompous exclamation of a hollow sound-bite, screamed from the top of the lungs, usually in contradiction of an earlier made claim. See also "Panic U-Turn"

Sarkozy beaten, Le Pen surges in poll

FIRST RESULTS FROM MAJOR POLLING AREAS
HOLLANDE, LE PEN BIG WINNERS,

SARKOZY BADLY BEATEN
The results based on 5.5% of the electorate:
Sarkozy: 25.5%
Hollande: 28.4%
M. LePen: 20.0%
Mélenchon: 11.7%
Bayrou: 8.5%

First comments praise the election outcome as good news for Europe, bad news for the EU and its unelected commission.

UPDATE 23:45
FINAL RESULT OF PRESIDENTIAL ELECTION, 1ST ROUND:
Hollande 28.6%, Sarkozy 27.2%, Le Pen 17.9%, Mélenchon 11.1%, Bayrou 9.1%; Greens 2.1%

A whisker away from power: President-elect François Hollande

New Poll gives Hollande a solid lead [19:32]

The Socialist candidate currently stands at 27.8%, while incumbent president Sarkozy's support remains around 25.6%. Marine LePen improves slightly to 16.9%, Leftist Mélenchon down to 12.5% and Centrist Bayrou at 10.0%

Final 14 days of Sarkozy presidency

Nicolas Sarkozy is the first incumbent president of the 5th Republic to lose in the 1st round of the election. Trailing François Hollande currently with 2.2% in the exit polls, and more than 12% in the runoff vote on May 6, he will be retired by voters at the age of 57.

What was Sarkozy's undoing were mainly his miserable character in his personal life, a pro-German foreign policy to the point of being ridiculed, incompetence to first recognize severe economic perils and once they emerged, unable to tackle them, as well as his style in office, trying hard to compensate for diminutive body size with grand theatrical gestures and abbrasive diplomatic gaffes.

Exit polls from 7pm show Hollande at 27.4%, Sarkozy at 25.3%, LePen at 16.2%, Mélenchon at 13.7% and François Bayrou at 10.6%

Representative Exit Poll:

HOLLANDE WINS FIRST ROUND BY 2.5 - 3.0 PER CENT MARGIN, EXIT POLLS SHOW.

Hollande stands between 27-28% while Sarkozy received between 24.5-25.5 per cent;

Marine LePen polls at 16.5%, followed by Mélenchon and Bayrou, both between 12-13%

HOLLANDE ROUTS SARKOZY IN OVERSEAS TERRITORIES
In Guadeloupe, Hollande scores an outright victory with 57%, in Martinique with 51%. Sarkozy cashed from 33 to 26%. In St. Pierre and Miquelon Hollande received 33.7%, Sarkozy fell there from 24.5 to 18.75%.

ADIEU, MONSIEUR!

The first round of the French presidential election is the prelude to a severe drabbing of incumbent Sarkozy. Exit polls indicate that he trails by 4% to Socialist candidate Hollande. More importantly, a poll conducted today shows that Sarkozy is up to 12% behind Hollande in the direct run-off vote on May 6th.

UPDATE
EXIT POLL from 16:45 shows the margin between Hollande and Sarkozy

narrowing (29.5 : 27.0 per cent);
A late surge of voters results in decent voter participation: 3 hours before the last polling stations close, more than 72% have already cast their vote, much more than expected.

In yet another blow for Sarkozy's re-election bid,  the leader of the National Front, Marine Le Pen, is quoted as saying minutes ago that "Voters have clearly shown today that Sarkozy is not the right man in the Elysée Palace, and I will not endorse him in the

[THIS SITE DEFIES THE BAN ON PUBLISHING POLLS AND RESULTS BEFORE 8PM]

First exit polls in French vote

EXIT POLLS IN PARIS INDICATE CLOSE RACE FOR VICTORY BETWEEN HOLLANDE (30.5%) AND SARKOZY (26.3%), WITH LE PEN RUNNING DISTANT THIRD (16.0%)

The margin of error is 4.5% due to the small sample of voters questioned (200); a very low turnout is expected, 45-55% of the electorate. Only 29% of the 44 million eligible voters have gone to the polls by 12:30; all candidates have already voted.

At 12:49 Dominique Strauss-Kahn, until a year ago absolute favourite to beat Sarkozy, voted. What were his thoughts? Former president (and predecessor of Sarkozy) Jacques Chirac said: "I will vote for Hollande."

First poll from French Polynesia, which closed polling three hours ago, not indicative for outcome of presidential election. But it needs to be published to undermine French laws prohibiting publication of polls and results before 8pm Paris time, under the threat of $100,000 in fines. I defy that pathetic directive, posting from the 5th Arr. in Paris.

The overseas French dominion historically favors... incumbents, so the support for Sarkozy comes as no surprise. None of the candidates campaigned in New Caledonia.

Sarkozy: 36.7%
Hollande: 28.2%
Bayrou: 13.2%
Le Pen: 9.1%
Mèlenchon: 8.2%

More representative is a poll taken yesterday at 5PM in selective French cities:
Hollande: 31.1%
Sarkozy: 24.2%
LePen: 17.6%
Mèlenchon: 13.8%
Bayrou: 10.2%See More

Muslims ought to assimilate

I always find it most curious when Muslims demand and advocate an open society of multi-culturism, free speech and free press, while there is not a single Arab country where these ideals are established in their respective constitution, let alone upheld by competent courts and political parties. Therefore, I frequently tell such individuals to shut up already, and either adapt to their host nation or get the hell out of it.

Labour's links with terrorism

THE CONFUSION AND CHAOS SURROUNDING THE ABU QUATADA CASE IS CAUSED EXCLUSIVELY BY THE IMMORAL POLICIES OF THE LABOUR GOVERNMENT THAT GAVE SANCTUARY TO A KNOWN MUSLIM TERRORIST IN THE FIRST PLACE.



It is the kind of moral ground that Labour stand on, which drove former PM Gordon Brown to eagerly commute the life sentence, and arrange the transfer to a Libyan beach ressort, of a convicted mass murderer, who had caused the bombing of PANAM flight 103, in which 278 people died.

UK vs European Court of 'Justice'

Conference to clip

European Court of Justice

Ministers from 47 countries will meet in Brighton to discuss the UK's determination to limit the powers of the European Court of Human Rights.

The UK has criticized numerously the court's judgements, including giving prisoners the vote and deciding against the deportation of convicted Muslim terrorist Abu Qatada. The court's mingling with British law as infuriated Britain and has heaped ridicule on the ECJ from all over the world.

Terrorist and Muslim thug Abu Quataba

Prime Minister David Cameron wants the countries which use the court to limit its ability to overrule cases already determined by national courts. He wants to enshrine the principle of "subsidiarity" in the Brighton Declaration, which it is hoped ministers will agree at the end of the two-day conference.

Agreement is unlikely as Germany and Belgium strongly support the idea of absolute powers to the Strasbourg based court. The case of the Arab hoodlum, now in a high-security prison in England, will test the court's limitations. Britain is ready to hand over the terrorist to Jordanian authorities where he faces renewed charges of terrorism, murder and kidnapping, and faces the death penalty. The ECJ tries to argue that the Arab can appeal the extradition decision by the Home Office, a contention the British Government vehemently denies.

UPDATE 12:36
The Home Secretary reiterated this morning that Muslim extremist Abu Qatada's deportation case has "absolutely no right whatsoever" to be referred to the European Court of Human Rights.

Mike Wallace +

Mike Wallace   V

When you live in America it is hard to come by a competent, non-trivializing news program. One shining example of brilliant journalism and captivating no-nonsense investigative reporting is CBS' "60 Minutes" however, making easily up for the trashy, gossipy boulevard infantilism disseminated in daily newscasts from all TV stations. I have watched 60 Minutes for many years, and the champion from the regular and already highly competent team has been Mike Wallace. He died yesterday at age 93.

His style of witty, unrelenting and intrusive, often subtly aggressive (if that is possible) interviewing, supplemented with diligent and responsible research which had enabled him to never have to retract a story, was a surely winning combination. Two of his segments remain edged in my memory: sparring of wits with genius pianist Vladimir Horowitz, and his proper direct question to Ayatollah Khomeini, "Sir, aren't you insane?"