Friday, June 17, 2011

TGIF and a Word

Why don't they just let Greece default and restructure its debt and social programs to an affordable level?  All this endless dithering is accomplishing nothing but providing a fertile ground for more anguish and false hopes.  A nation has its assets, resources and what its people can produce.  Debt can simply even out and smooth temporal fluctuations and imbalances.  Greece must live on what its people can make and do.

And the US ?  Ditto over the long term.

Word of the Day

"Diaspora" - noun [$10]
Diaspora means a dispersion abroad.
Sentence:  Small towns in America need to find ways to access the knowledge of their diaspora:  learn from college alumni associations and tap those valuable skills.

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