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I knew this would come.... it was obvious after the USSC decision on gay marriage.

HELENA, Mont. –  A Montana man said Wednesday that he was inspired by last week's U.S. Supreme Court decision legalizing gay marriage to apply for a marriage license so that he can legally wed his second wife.

Nathan Collier and his wives Victoria and Christine applied at the Yellowstone County Courthouse in Billings on Tuesday in an attempt to legitimize their polygamous marriage. Montana, like all 50 states, outlaws bigamy — holding multiple marriage licenses — but Collier said he plans to sue if the application is denied.

All 50 states currently refuse to permit bigamy, but the United States Supreme Court decision makes that sort of law utterly unsupportable.

I expected this to come from the Mormon church directly, but it appears that instead the applicant is a Mormon that was excommunicated.....

"We hope the Supreme Court decision will show the direction the nation is going," she said. "It's more liberal, it's more understanding about people forming the families the way they want."

Uh huh.

Still happy about all those rainbow Facebook profiles, are 'ya?

PS: It'll get much better than "simple" polygamy next.... just watch....

smiley

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Honest....

Extra credit: Anyone remember where I used this before?  And yes, I did get permission before doing my magic with it.... smiley

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Sorry, I disagree with the impact of a "NO" vote.  There is no reason for Greece to leave the EU; indeed, if they do so without the reform necessary -- that is, no more deficit spending -- then they accomplish nothing.  Further, if they do enact those reforms then there is no reason to leave the Euro and the benefits from tariffs -- which I would expect the EU to immediately hammer them with if they DO leave -- would be substantial!

But yes..... the Greeks should vote NO!

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Folks, go back and read this again:

Note that when you start spending in deficit there's a little "belly" between GDP and debt which appears to hold up for the first 20 or so years.  This is why people do it; it feels like you're getting ahead.

But you're not -- just a few years later debt is accelerating away from GDP and it's not that long before it's more than three times your economic output.  Long before it gets there you wind up with negative "growth" because the expense of financing that debt exceeds your economic surplus and you inevitably go bankrupt.

This is math, not politics and it happens every single time.

The IMF just came out and said that Greece has a €50 billion cash deficit from October through 2018.

This means that even if they just try to run on their revenue they're spending more than they're taking in and need to "finance" their operating costs.

This cannot work.

It cannot work there, it cannot work here, it cannot work anywhere.  The only means by which Greece can return to reasonable fiscal health is to default (that is, erase) a large part of the debt they have.  

Period.

There is no -- zero -- justification for "markets" to be anywhere near where they are given that the entire operational structure of virtually all western governments is reliant on continued borrowing of more and more money.  This is not confined to Greece!

The act of ever borrowing more money on an indefinite basis inevitably must eventually collapse all of the parties that do this.

Always.

Why would anyone try to "participate" in a scheme that is guaranteed to fail and blow up in your face?  Do you really think you'll be better and faster than everyone else and will get out in time while everyone else will not?

REALLY?

If the governments involved stop that then what is a realistic value for the markets without all of this phony-baloney nonsense?

And if the governments do not then I'm back to my first question: Do you really think you're smarter than everyone else?

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Well well what do we have here?

Yanis Varoufakis said Greece won’t “extend and pretend” that it can pay its debts, vowing to quit as finance minister if voters don’t support him in Sunday’s referendum.

With banks shuttered and Greece’s economy hobbled by capital controls, Varoufakis said in a Bloomberg Television interview in Athens that he would “rather cut my arm off” than sign a deal that fails to restructure Greece’s debt. The 54-year-old economics professor said he “will not” continue in his post if Greece endorses austerity in the plebiscite.

He's right.

There is no way forward for any of these nations, Greece included, that is both sustainable and does not remove much of the debt allegedly taken on.

The debt in question was contracted by fraud and force on both sides; it is void.  Further, it's mathematically impossible to pay it on the original terms or even on any sort of reasonable renegotiated terms.

But far more important than the debt itself is that the structural changes in the government necessary to prevent accumulating more debt in the future, including a hard bar on refusing to spend more than it can tax, has to take place.  This Varoufakis has not said -- but he must.

This weekend is going to be interesting, but unless reality comes to the table the premise that there will be no more "extending and pretending" (which is just a polite way of saying lying) is just another in a long line of false claims.

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