The Daily Parker

Politics, Weather, Photography, and the Dog

Complete lacks of terror

Two examples of how Europeans handle things differently than we do. First, Norway's refusal to be terrorized by lunatics with guns:

The car-bomb in Oslo designed to kill the leadership of the country, and the shootings on the island of Utoeya designed to destroy the next generation of Labour party politicians, left 77 people dead, the majority of them teenagers.

But even in the first days of shock after the attacks, it was clear the response of the Norwegian people and their government to this act of terrorism would be unique.

"The Norwegian response to violence is more democracy, more openness and greater political participation," [Prime Minister Jens Stoltenberg] said.

A year later it seems the prime minister has kept his word.

There have been no changes to the law to increase the powers of the police and security services, terrorism legislation remains the same and there have been no special provisions made for the trial of suspected terrorists.

On the streets of Oslo, CCTV cameras are still a comparatively rare sight and the police can only carry weapons after getting special permission.

Even the gate leading to the parliament building in the heart of Oslo remains open and unguarded.

Meanwhile, just across the Baltic, Germany and the ECB seem frighteningly nonchalant about the possibility of Greece exiting the euro:

I’m not saying that Greece should be kept in the euro; ultimately, it’s hard to see how that can work. But if anyone in Europe is imagining that a Greek exit can be easily contained, they’re dreaming. Once a country, any country, has demonstrated that the euro isn’t necessarily forever, investors — and ordinary bank depositors — in other countries are bound to take note. I’d be shocked if Greek exit isn’t followed by large bank withdrawals all around the European periphery.

To contain this, the ECB would have to provide huge amounts of bank financing — and it would probably have to buy sovereign debt too, especially given the spiking yields on Spanish and Italian debt that are taking place as you read this. Are the Germans ready to see that?

My advice here is to be afraid, be very afraid.

Don't even get me started on anthropogenic climate change theory, which predicted just about everything we're experiencing in North American weather this year.

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