Thursday 10 March 2011

Such gross incompetence is a statistical impossibility

Greece's socialist government leaves so much to be desired, is so much of a dunce, has displayed so much incompetence, the matter smacks of statistical improbability!

Apart from the Soviet communication tactics, that is, which are still going strong even if their effectiveness has weakened.

Unemployment is 15% (17% unofficial), income is down, retail T-O is -7%, latest GDP is -6.6% on annual basis, labour legislation continues to be restrictive, the Greek state is recruiting. None of the so-called scandals have been seriously investigated, so there is no retribution.

Euro 0.85 bill is to be distributed to the Labour Office for temporary respite. Positions in many state owned companies and organisations (e.g. hospitals) are now limited to only confirmed Socialist party "fighters" as activists of any self-professed left-wing inclination are called...

A new Environmental Protection bill falls short of its title -- but helps owners of land.
Protecting the environment Greek way means you can build anywhere, anything, as long as you have 4 "stremma" (1 hectare = 10 stremma). Real estate is still the only real value in Greece, producing until recently real added value, so any effort to curtail its reach can only be doomed.

Greece's Socialist Prime Minister, Mr Geoff Papandreou has stuck by his government chosen among his friends
and acquaintances who, one must admit, have made a mess of colossal proportions.

Presumably, these people are no more incompetent than other people -- so, what gives???

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