Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
09 April 2018 | Pago Pago, American Samoa
An Informed Atheist Re-Addresses Christianity
10 March 2018 | Pago Pago, American Samoa
A Progressive Reform Program for America
10 March 2018 | Pago Pago, American Samoa
Supply Side and Libertarians Are Wrong and Not Supported by the Data
10 March 2018 | Pago Pago, American Samoa
How Income Inequality Injures People and the Economy
22 August 2017 | Pago Pago, American Samoa
A Democratic Reform Program for America
22 August 2017 | Pago Pago, American Samoa
The Supply Side Libertarians Are Wrong and Not Supported by the Data
22 August 2017 | Pago Pago, American Samoa
The Rise of Economic Ignorance
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part VI)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part V)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part IV)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part III)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part II)
22 August 2017 | Pago Pago, American Samoa
The Rise of Corporate Dominance and the Rise of Income Inequality (Part I)
22 August 2017 | Pago Pago, American Samoa
Racial Hatred Is Confused
22 August 2017 | Pago Pago, American Samoa
What To Do About North Korea
22 August 2017 | Pago Pago, American Samoa
On Neoliberalism
22 August 2017 | Pago Pago, American Samoa
Ban Hate Marches and Assemblies
22 August 2017 | Pago Pago, American Samoa
On Miss Piggy and Mr. Pork
22 August 2017 | Pago Pago, American Samoa
The Demise of the Democratic Party
09 August 2017 | Pago Pago, American Samoa
On Elitism

Greek Reform Proposals Are Vague and Inadequate

08 July 2015 | Pago Pago, American Samoa
Kimball Corson
This is the real heart of the matter to my mind. The only way to fix its government and economy is to begin a sound program of repair, but Greece does not have such a program or even think that way.. Without a sound program, Greece has no chance, zero. Yet no one in Greece is seriously paying attention here and Greece has had three years to get its act together here. As one top economist has put it, "No country -- including Greece -- should expect to be offered debt relief on a silver platter; relief must be earned and justified by real reforms that restore growth, to the benefit of both debtor and creditor."

Greece is busy telling its creditors, what it thinks they want to hear, but doing an inadequate job of that -- for example, Greece is saying it will collect more taxes instead of saying "we will collect more taxes by doing a, b and c". Greece's vagueness is a bit too much for EU leaders. Part of the problem is its government is new. Part of the problem is Greece really isn't and hasn't focused on reform, but instead its focus is on getting more credit to tide it over. Saying what it thinks it has to to get more money is Greece's style. Sincere reform is lacking, in both fact and intention. The EU senses that and it is a big stumbling block.

Even Greek proposals for a revised bailout program don't have enough detail to satisfy the government's international creditors, Eurozone officials have said. This makes it more likely that Athens will need to go several more weeks without a new infusion of desperately-needed cash. It is a bad situation. Greece just doesn't get it.And it is three years later now.

"The proposals were piecemeal, vague and the Greek colleagues could not explain technically what some of them actually implied," one Eurozone official said. "So, let's hope that they present something more competent next week." Whether the the Greek negotiating stance is vague because the Greeks think they can gain further funding by being vague and so it is deliberate or whether the Greeks simply are not up to speed on the details of governance and economic reform and so cannot do better is the question. Most EU leaders are beginning to think the latter is the case. EU leaders see no hope without serious reform, but the Greeks are not on the same page there. The approach is more say what you have to in order to get bailout funds.

Some form of help for Greece is going to be needed even it is a food drop program. The Greeks cannot be left to starve, EU leaders including Merkel understand that. The issue is whether to give them substantial new bailout monies when they have no serious agenda or plans to restructure their government and reform their economy. This is what EU leaders are thinking. They are on a different page than the Greeks and understand how much time the Greeks have had to develop plans and do better.
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Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ