Athens has struggled to get its euro zone creditors to talk about debt relief. That is because it is not the most urgent issue facing Greece. A short-term cash crunch could trigger bankruptcy in the next few weeks. But if the negotiators resolve the immediate crisis – and the omens don’t look good - debt relief should come onto the table.
The Great Debate
I may be the one person who listens to the election news and thinks about Benjamin Harrison. You don’t remember him? President of the United States from 1888-1892? The scion of a political dynasty that yielded enough failed presidencies to make the Harrisons the Bushes of the 19th century? So why do I think of Harrison? Because this is an election year that centers on money.
from Jack Shafer:
Attorney General Eric H. Holder Jr. first signaled his exit from office so long ago that every reporter and pundit who covers the Department of Justice has stockpiled enough copy assessing his tenure to fill a mattress. Like Derek Jeter, Holder announced his farewell tour this past February, telling the New Yorker's Jeffrey Toobin that he would depart in 2014. The admission prompted journalists to update and fine tune their critiques of the attorney general with emerging details, the way obituary writers tweak their pre-written obituaries of famous, old people to keep them fresh and newsy.
from Stories I’d like to see:
1. What’s the matter with Andrew Cuomo?
By now I assume New Yorker editor David Remnick has assigned someone to do a profile of New York Governor Andrew Cuomo, who is fast becoming the Howard Hughes of big-time politicians.