February 27, 2003

RUSSELL WORKING is reporting from Turkey via blog. Lots of interesting stuff, but this passage really grabbed my eye:

There is a reason for the intensity of reaction to an American in Europe. It can be summed up in a cartoon that ran in Greek paper To Ethnos. A befuddled chairman of the board—he is Greece’s prime minister and EU president Costas Simitis—sits before a company board reading from a report: “Dear Shareholders: It’s my impression you still have reservations about the prospects of the company.”

Meanwhile, his board members are scurrying about, finding ways to kill themselves: rigging up nooses, leaping out of windows, firing guns through their heads. On the wall is the name of the corporation, which Greece happens to head during this six-month period: The European Union.

My advice: sell.