If you know statists....

....you know that consistency is not their bag, collectively speaking of course.

For example, last week Standard and Poors was all but accused of steam-rolling the widows and orphans of Greece in an effort to line the pockets of SP's paymasters, that being the evil banking/finance class. It was as if Heinz Guderian was at the helm of SP:

So Greece has had its debt downgraded.

What an opportunity for profit for the financial markets.

What a disaster for the people of Greece.

And what a triumph for Standards and Poors.

This week, alas, the very same source on SP:

Amazing. Standard & Poors undertsand that the only way out of a recssion is to spend. If you don’t - as Greece will not be allowed to do - then the recession deepens into depression - as Greece’s surely will - debt becomes harder to repay - social crises follow - fascism is welcomed in after that - and hey presto, we have the 1920s and 30s all over again.

Then again, this all comes from the very same source who exorted us all a few weeks ago that:

Let’s ignore the nonsense - the reality is there is no debt crisis - even in Greece