DRAWING on OBSERVATIONS

Ball point pen on today’s newsprint

Means never having to admit you’re wrong.

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Have a nice weekend!

Ball point pen on today’s newsprint

Ironic that the Greeks were the inventors of spectator sport and the tragedy.

Today all eyes of Europe and the I.M.F. are on Greece. If the Greek government wins a vote of confidence tonight, it will get an immediate infusion of 12 billion euros and meet it’s short term debt. If it fails to win the important vote, it’s government will most likely default.

Stay tuned

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Ball point pen on today’s newsprint

With violent protests over increased taxes and Europe’s concern that Greece will default on it’s massive debt, it seems Prime Minister George Papandraeou is a man with no friends.

Ball point pen on todays newsprint

The first step in solving a crisis is to admit one exists and then spell it out in all it’s ugly detail. The newly elected Prime Minister of Greece, George Papandreou admitted that not only was the Greek deficit twice as high as previously reported, but his country’s finances were also a mess, corruption was pervasive and tax evasion, rampant. Refreshing to have a leader not resort to jingoism.

Ball point pen on todays newsprint

The Greek Finance Minister Giorgos Papakonstantinou announced that Greece has reached an agreement on the European Union’s rescue package. The package gives Greece a few years to restructure it’s economy and reign in public spending. Few are optimistic.

Ball point pen on the morning newsprint

All eyes are on the European Union. Mounting debt in some small member countries like Greece and Portugal are threatening the Union and causing European markets to free fall…Stay tuned.

Doodled from top to bottom: President of Greece Karolos Papoulias and President of Portugal Aníbal António Cavaco