Greek Prime Minister George Papandreou has announced he may sue U.S. banks for their role in causing the near (and perhaps future) collapse of the Greek economy for "fraud and lack of transparency."
If the Greeks with or without Wall Street, is likely to run up debts expected, according to the Associated Press, "to exceed 140 percent of its economic output in 2012."
Profligate Greeks v Greedy Profiteers. Sort of reminds me of the Iran-Iraq war. I never did figure out who to root for.
Sen. Jeff Sessions (R-Ala) is the senior Republican on the Senate Judiciary Committee which will hold confirmation hearings on the nomination of Elena Kagan to be an Associate Justice of the U.S. Supreme Court.
According to the Washington Post, Sessions "blasted Kagan on ABC's "This Week" for refusing to allow military recruiters on the campus of the Harvard Law School when she was dean.
Kagan has said she barred the recruiters because of the military's "Don't Ask Don't Tell" policy regarding gays serving on active duty.
Here's my position on that. I assume that if a young man or woman is smart enough to get accepted to Harvard Law, he or she is smart enough to find a military recruiter somewhere in Boston.
In fact, I just Googled "military recruiters boston" and found:
- The Armed Forces Career Center at 25 Buswell Street; (3.45 Miles from the campus)
And I'm not smart enough to shop at the Harvard book store much less have been admitted to the Harvard Law School. My recruiter was in Parsippany, New Jersey in the National Guard Armory.