Category: Greece

Month in Review: June, 2015

17 July, 2015 (10:00) | Bankruptcy, California, CalPERS, Delhi, Greece, India, Municipal bankruptcy, Olympics, Pollution, Public-employee pensions, Stockton, Urbanization, US News | No comments

By: David A. Smith Thought of the day, courtesy of my most faithful reader: If Vladimir Putin hadn’t wasted $50 billion (yup, billion) creating the instant-white-elephant of Sochi’s Olympics, he would have had the cash to buy Greece out of its difficulties and dramatically upset the European applecart. ”So, Vlady, you got that fifty extra-large […]

Month in Review: March, 2015

30 April, 2015 (10:00) | Blogs, Essential posts, Government, Greece, Grexit, Lucy Martin, Month in review, NGOs, Nonprofits, Overhead, Political theory, Real estate taxes, Taxation, Theory |

By: David A. Smith During March, in honored surprise at a decade’s worth of continuous blogging, I published the first 10/17ths of the longest post I’ve ever done, Ten Years a Blogger, As an encyclopedia should seldom be excerpted, I’ll simply list the titles here: Ten years a blogger: Part 1, What is a blog?, […]

Month in review, February 2015: Part 2, From Yes to No to Maybe

24 March, 2015 (10:00) | Architecture, Brutalism, Golf, Greece, Grexit, Month in review, Paul Rudolph, Rent control, San Francisco, Sovereign bankruptcy, Speculation, Theory |

By: David A. Smith [Continued from yesterday’s Part 1.] Though committees, as we saw yesterday, have grave difficulty approving and acting upon anything, the same groups can swiftly reach a consensus to oppose anything, or even better, endorsing its regulatory variation, Pay me not to oppose you, as Everett casino developer no doubt expected, as […]

Month in review, February 2015: Part 1, Global to personal

23 March, 2015 (10:00) | Architecture, Brutalism, Golf, Greece, Grexit, Month in review, Paul Rudolph, Rent control, San Francisco, Sovereign bankruptcy, Speculation, Theory |

By: David A. Smith Among housing’s many fascinations for me is that it connects the most global issues (like money and currency) with the most local ones (such as where to buy a condo or co-op), and in February these two were linked more than usual.  Global forces can land anywhere In February, the ornery […]

Creditor of deadbeats = deadbeat debtor: Part 2, Your creditors can’t handle the truth

6 March, 2015 (10:02) | Economics, Eurozone, Finance, Global news, Government, Greece, Grexit, Recapitalization, Sovereign bankruptcy, Speculation, Taxation, Theory |

[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s Part 1 reporting on the continuing psychodrama that is Greek insolvency established that Greece’s inability to pay its sovereign debt stems, at least in large part, from its inability to collect taxes Greek laws say its citizens owe. Nor does the Eurozone’s glib formulation – […]