BOLO

Today promises to be a big news day. There are at least three major news stories to be on the lookout for today:

  • Grexit
    It certainly appears as though Greece will default on its IMF loan. What happens then is anyone’s guess but it certainly looks as though Greece is about to leave the euro. When it runs out of euros, which certainly seems about to happen, it will have little recourse but a return to the drachma. This story has major implications not only for Greece but for the whole “European Project”.
  • The Iran negotiations
    The nuclear pact in place with Iran expires at midnight tonight without a successor agreement in place. I don’t know whether that’s GMT, DC time, or Tehran time. Multiple sources describe Secretary of State John Kerry as “frantic for a deal”. At least one source has claimed that the U. S. is prepared to abandon demands for inspections to get a deal.
  • Illinois shutdown
    The state of Illinois is teetering on the brink of a government shutdown. The governor and the legislature’s Democratic leadership are playing chicken with the state, each hoping the other will “blink”. The legislature, in violation of the state’s constitution, passed a budget that was out of balance by about $4 billion. The governor refused to sign it. The governor has been running television spots all weekend defending his position and attacking the legislature. The legislature’s leadership has most media outlets on their side. Nobody really knows what’s going to happen.

I’ll try to return and discuss some of these stories in a little greater detail but I wanted to hit the high points.

7 comments… add one
  • Guarneri Link

    I heard there’s a breaking story about P Diddy punching someone for making a gay marriage joke about Rachel Dolezol and Caitlyn Jenner “finding” each other. It’s just a rumor………

  • TastyBits Link

    Irresponsible borrowers affect one person, but irresponsible lenders affect many people.

    I am sure Israel will have no choice but to bomb Iran. I have heard this for years, and I am going to rest easy knowing that Israeli jets will stop the Iranian nuclear program.

    Chicago is a railroad hub located on Lake Michigan. Illinois could fill tanker rail cars with water and sell them to California. A pipeline would be better, but it would take time. You all could also build a purification facility inland away from the borders to keep it local. CA misery could be IL salvation.

  • I am sure Israel will have no choice but to bomb Iran. I have heard this for years, and I am going to rest easy knowing that Israeli jets will stop the Iranian nuclear program.

    Frankly, I doubt it. The logistical requirements of such an operation are prohibitive. My interpretation of that continues to be that much of what we’ve been hearing has been a political discussion within Israel that we should be much less involved in than we are.

    If anybody nukes the Iranians it’ll probably be the Saudis but if the past is any indication they’ll hire somebody else to do it.

  • TastyBits Link

    For years the “experts” have been warning that Israel would bomb Iran to stop them from getting nuclear weapons, and for the past eight years, I have tried to explain that their jets could not make the round trip. Now it is time for their predictions to come to fruition, but I am not holding my breath.

    These “experts” are idiots, and almost every one of their predictions is wrong.

  • ... Link

    I heard there’s a breaking story about P Diddy punching someone for making a gay marriage joke about Rachel Dolezol and Caitlyn Jenner “finding” each other. It’s just a rumor………

    +100 for Drew’s rumor-mongering.

    I’m going to believe the rumor. It’s the best news I’ve heard in weeks!

  • Guarneri Link

    I’m taking the Hillary Clinton approach, ice. Prove it’s NOT true. BTW – I got the rumor by email, but I destroyed all my emails except those about recipes for cookies, chicken soup and the upcoming church social I’m sponsoring. So there.

  • ... Link

    Sounds good!

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