The Greeks Can’t Afford To Bear Gifts These Days

“Fight Against Stupidity And Bureaucracy”

.

I used to love listening to George W Bush when he talked about the ‘Grecians’. He was an idiot, but unlike some holders of his post I think he secretly knew it.

But, enough of that, let’s concentrate on the Grecians.

Their financial crisis is deepening and they’ve shut down all their banks. They’ve also imposed what are called ‘capital controls’, in other words what you can and cannot do with your own money –  assuming you could get to it in the first place.

Several Western countries, including the US and Britain, have issued travel warnings for Greece. Not a warning about the place being very dangerous, just a warning to have enough cash to be able to pay for things now that the banks are shut and presumably their ATMs as well.

This recent activity by the Greek government is because of the breakdown of talks between Athens and the European Union concerning the Grecians’ enormous debt that they clearly can’t afford to pay back. EU finance ministers rejected Athens’ request to prolong a financial assistance program.

It is also about a bit of timely government blackmail.

The Greek government has so far been unable to formulate any meaningful plans to curtail their spending significantly. The Greek people likewise have become used to living beyond their means and are reluctant to tighten their belts. The people are blaming the government and the government is blaming the people and nothing is really getting resolved.

So Greek Prime Minister, Alexis Tsipras, shut the banks and said they would stay shut until July 6, conveniently the day after a nationwide referendum on whether to accept the bailout terms proposed to Greece by its creditors.

Some commentators also think that the banks may have been shut because they don’t have enough cash left. The Greek people think the same and are panicking to get their money out of the banks. Runs on banks inevitably lead to disaster.

As Greece is part of the Euro zone it does not have control of its own monetary system. In other words, unlike America which can simply print more money if and when it needs it, the Grecians have to rely on the European Central Bank giving them cash. and it has refused to give them any more Euros.

That decision could prompt Greece to default which would probably lead to it being kicked out of the Euro zone and possibly out of the EU itself, which would be an historic first and something that would be done very reluctantly.

The rulers of the EU are in what is known as a ‘tight spot’. If they don’t take a tough line on the Grecians they can be sure other poor countries in the EU will follow suit. If they do take a tough line, then the upheaval will undoubted have an impact on the Euro currency.

A Greek default would also be another kick in the greedy teeth of the big financial institutions who own a good part of the massive €300 billion debt – you see there are positives in every situation if you look hard enough.

So it looks like emergency meetings and frantic discussions all over the place in Europe.

Despite the fact that Dubya is long gone from the political scene, I don’t think we’ve heard the last about the Grecians just yet.

By the way, Happy Independence Day to all my American visitors, bet you’re glad you’re not part of Europe these days.

.

===================================

.

Would You Buy An Expensive Lock If Someone Else Had The Key?

“Fight Against Stupidity And Bureaucracy”

.

 

Apple and Google recently enabled full-device encryption by default on their mobile operating systems – and big brother doesn’t like it – not one bit. As always he talks about things like ‘National Security’, ‘terrorist threats’, etc., and that there will be total chaos in the streets if ordinary citizens are allowed their right to privacy.

Some of the stuff that has hit the media has been ridiculous and would be laughable except these idiots are actually intent on total control.

For example, the head of the FBI has issued dire warnings of children dying if ordinary people are allowed their privacy via encryption programs. The secretary of Homeland Security used the deaths of the 168 people killed in the 1995 Oklahoma City bombing as ‘proof’ that, while privacy was important, encryption should not be allowed to stymie US law enforcement.

Big Brother wants to stick his nose into EVERYTHING. Anything that makes that harder to do frustrates the hell out of him.

 

So he continues with the stupid excuse that the necessity to snoop on law abiding people is because criminals and terrorists might use encryption tools as well.

It’s a bit like saying that no one should be allowed to drive a car because someone, somewhere, sometime, might get drunk and cause a fatal accident.

Then there’s the EnnEssEhh director who wants mandatory “front doors” to be built into all cryptographic technology used in the U.S., so that you can’t have secrets it can’t spy on. His idea is for all encrypted software and hardware used in the U.S. to have one encryption key for the user (you) and another that would be made available to the government bureaucrat spooks any time they wanted it.

This is complete nonsense. And they know it. But still they persist.

They have already got the Digital Millennium Copyright Act, which removed the right of a purchaser to use their goods as they see fit. This legislation means that digital products continue to be the property of the seller – not (you) the buyer who paid for them. And it makes it illegal for buyers of digital goods to circumvent any features that allow snooping.

Going back to my car analogy, that is like a car dealer selling you a car on the condition that you never open the hood to see how it works, or perform your own modifications.

In practical terms this means that if you buy a new phone or computer, the manufacturer can have a spy device pre-installed in its hard components or its software and you would be forbidden by law from finding out about it or fixing it.

If Big Brother thinks he can enforce stupidity like this then he is even crazier than I think he is – and I think he is completely crazy already!

Big Brother can legislate all he wants, but we all know that the only people who will abide by these new laws will be the law abiding people. The criminals and terrorists will find ways round it, through it, over it, or under it.

It’s the same flawed logic as in the continued cry from liberals to take legally registered guns away from law abiding people so that only the criminals are armed.

 

Then there is, not the probability – but the FACT – that if a government spook friendly encryption system was created, it would immediately be attacked by hackers – including hackers employed by foreign governments, some of them friends of the terrorists that the legislation is supposed to be there to defeat.

And what about the practical commercial aspect to it all? When you think about it, who in their right mind is going to pay good money for an encryptiuon system that they know can be broken?

Would you buy an expensive lock if someone else had the key?

I think not.

.

===========================================

.