A different perspective

Chancellor Angela Merkel’s spokesman said that Spain knows where to look for aid if it’s needed, giving no ground to Prime Minister Mariano Rajoy’s pleas that Germany consider new ideas to resolve the debt crisis.

As markets brace for further deterioration in Spain’s finance sector and a possible Greek departure from the 17-member euro area, the Canadian government said that finance ministers and central bank governors from the Group of Seven countries will hold a conference call tomorrow to discuss the European debt crisis.

Rajoy sought to open a new avenue of crisis fighting on June 2, when he added his voice to calls for a “banking union” in Europe involving a centralized system to re-capitalize lenders. Merkel shut off another potential solution the same day as she toughened her opposition to euro-area debt sharing, telling members of her party that “under no circumstances” would she agree to…

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Kaleidoscope

Good Samaritan

A devastated-looking man knocks on the door of a woman known for her charity.

“Please, ma’am,” he says when she opens up, “can you help this poor, tragic family down the block? The father just lost his job, and his wife is too ill to work. They’re about to be turned out into the cold streets unless someone can pay their rent.”

“That’s the worst thing I’ve ever heard in my life!” says the woman.

“May I ask who you are sir?”

“Their landlord.”

Did Johnny get it right?

Teacher: If I gave you 2 oranges and another 2 oranges and another 2, how many will you have?

Johnny: Seven, Sir.

Teacher: No, listen carefully. If I gave you 2 oranges, and another 2 oranges and another 2, how many will you have?

Johnny: Seven.

Teacher: Let me put it to you differently. If I gave you 2…

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Mags

Soon after being transferred to a new duty station, my Marine husband called home to tell me he would be late – again.

He went on to say that dirty magazines had been discovered in the platoon’s quarters and they had to discipline the whole squad.

I launched into a tirade, arguing that many men had pictures hanging in their quarters at our previous post, so his new platoon should not be penalized for something so trivial.

My husband calmly listened to my gripes and then explained, “Honey, dirty magazines: the clips from their rifles had not been cleaned.”

Our ice-cold PM won’t go cool on Osborne

A modern government can only work if it is pulled by two enormous locomotives, the prime minister and the chancellor. That can cause a problem. The two engine drivers often fall out. Although Tony Blair and Gordon Brown were an extreme case, premiers and chancellors are rarely such staunch allies at the end of a parliament as they were at the beginning.

It might be assumed that something similar would happen now and that fraughtness was about to break out. In recent weeks, the Government has suffered a serious loss of authority. Most Tory MPs blame this on the Budget and the Chancellor; according to recent polls, many voters agree. If George Osborne were required to stand for re-election in a secret ballot of Tory MPs, he would be in big trouble. Fortunately for Mr Osborne, the only ballot he faces has an electorate of one: his next door neighbour in Downing Street. There will have to be a reshuffle over the next few weeks, even though the PM is not looking forward to it. He will not enjoy sacking people. But a change at No 11 is very definitely not on the agenda. This Chancellor still enjoys this PM’s full confidence.

Read more….

Spanish rescue draws closer as Cyprus buckles

“A bail-out would not be the apocalypse,” said José María Beneyto, foreign affairs spokesman in Spain’s parliament. “You have to live with it. We have got to escape this or we’ll go mad worrying about bonds spreads.”

Mr Benyeto accepted that it would mean cuts in salaries and pensions dictated by a Troika from the EU, the European Central Bank and the International Monetary Fund. “Portugal is living with it relatively passively, and Ireland, too,” he said.

The shift came as Cyprus edged closer to a bail-out after President Demetris Christofias said his country had been engulfed by large exposure to Greece. “I don’t want to absolutely exclude it,” he said.

Russia has effectively shored up Cyprus over the past two years but rising defaults in Greece have proved overwhelming. The Cypriot banking system is nine times the country’s GDP, with assets of €157bn (£127bn). It has been called the “Iceland” of the South.

Germany’s Spiegel magazine reported that Chancellor Angela Merkel is actively pushing Spain into the arms of the EU bail-out machinery, concluding that Madrid cannot hope to tap the open market for the estimated €50bn to €90bn needed to recapitalise banks.

Read more….

PA Pundits - International

A Dry Bones Cartoon ~

Apparently the mob may not be satisfied with a bone.
They want blood!!
The latest, according to CBS NEWS:

Life sentence for Egypt’s Mubarak; sons acquitted“CAIRO — Former President Hosni Mubarak has received a life sentence for failing to stop the killing of protesters during Egypt’s uprising. But he and his sons have been cleared of corruption charges, setting off protests for greater accountability for 30 years of abuses under the old regime.

By nightfall on Saturday, a large crowd of up to 10,000 was back in Cairo’s Tahrir Square, the birthplace of the uprising, to vent anger over the acquittals. Similar protests went on in the Mediterranean port city of Alexandria and Suez on the Red Sea.”-more

Read More by Yaakov Kirschen at Dry Bones . http://drybonesblog.blogspot.com/

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23 Stone Woman

The question is, what does a 23 stone woman look like?  

Now, before you look at her pictures, get a mental image of what you think a woman who weighs 23 stone looks like….

Got it?

Ready?

Sure?

Here goes – brace yourself

Not what you were expecting was it??!! The tallest woman in the world lives inHolland. She is 7’4” and weighs 23 stone.

What a relief! Now we ALL know we aren’t overweight, just too short!

Have A Great Day and Enjoy some Chocolate!