Monday, May 28, 2012

La Belle Dame sans Merci

http://www.telegraph.co.uk/finance/financialcrisis/9291516/Christine-Lagarde-Greeks-can-help-themselves-out-of-the-crisis-by-paying-their-tax.html




Time for our Memorial Day Christine Special.

For those of you who cannot get enough of Christine this lovely holiday of unbroken Sonnenschein in California and a heatwave (phew what’a scorcher) in the UK here are some delightful photos of the éminence grise elle-même; avec et sans foulard. Une trés belle Pêcheure des Perles.

In this installment of Euro-Tragedy, she’s chewing up and spitting out Greeks for their congenital inability to find a tax demand they like. It may be better for Ms. Largarde’s security that she eschews the Diogenes wander around Athens as there are reported to be 10,000 Greeks angry at her effrontery in chastising their manhood and propensity to pay taxes. Can there be 10,000 in Greece who pay all their taxes? Better Christine writes a billet doux to her friend little tax-cheater Geithner c/o US Treasury and check that he’s up to date with the IRS. Clearly the Greeks find Christine less than disarming and charming.

Evangelos (the Evangelist?) Venizelos, (PASOK Socialist party leader, ex finance minister and fat man), fresh from helping Papandreou drive the Greek state into the ditch and trailing badly in the polls for the Greek election (Round 2) says Christine has insulted the Greek people. Quel horreur! The Greeks had better not elect fat man Vangy as PM post Round 2 (will there be a Round 3?), or he’ll be fearfully embarrassed having to sit down cap in hand with Christine at the IMF later in June.

Well, I hope Christine is enjoying her well earned Memorial Day holiday rest before she returns tomorrow to the all-important job of saving the Greeks from themselves and the Spanish state from following Greece into the ditch. Is she reflecting on the possibility that the Euro might not have been such a good idea after all, and maybe, just maybe, she should show her independence and intellect by taking the Friedmanite line; especially now her marionette master, little Psychozy, is safely in the arms of Carla in one of the King of Morocco’s palaces and nowhere near l’Élysée? Maybe she should float the idea to that other ravishing Euro-Pol, Frau Angela of Berlin, that the Germans might want to float up, up and away from the Euro with the Deuro perhaps (along with their friends the Finns and the Dutch) and leave the world to darkness and to Hollande. That would put the BuBankers into a new form of Angst, Sturm und Drang.

Just a reminder you can tune into my blog – where all these rantings are now posted for posterity at http://imeffed.blogspot.com/  Your comments would be very welcome, but please – just don’t insult the Greeks. That’s Christine’s job.

Simon

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