by: the Common Constitutionalist
Is it life which imitates art or art that imitates life? I usually don’t much care. I’m not much of an art aficionado, but in the case of Greece and the European Union, I think it’s life imitating art.
Greece is officially out of money. Actually they’ve been broke for quite some time, but now it’s crunch time. They need money to make a rather large payment (450 million Euros) to the IMF. They don’t have it.
So let’s call the country of Greece, the low rent district of Europe (Bedford Falls), or Bailey Park. For those unaware, I’m making reference to Frank Capra’s classic movie “It’s a Wonderful Life.”
The European Union, or, the Old Building and Loan, has helped the residents of Greece, Bailey Park, all it can, and will no longer lend it any more without Greece instituting austerity measures. Thus far they have refused.
Well, desperate times lead to desperate measures. The duly elected representative of Bailey Park, the Prime Minister of Greece, Alexis Tsipras has made attempts to acquire more funding from the EU, the old Building and Loan, but to no avail.