litotes or meno male

There has been enough deflection in the news in recent weeks, what with the American Republican party primaries, unrest and due unwelcome in Afghanistan, general simonizing of the economy, one could rightly wonder what happened with the aegis of sovereign default that was clouding Greece, Italy and other euro-zone members. One would be forgiven, in fact, for thinking that the situation resolved itself, and the Greeks and other Occupiers have grinned and bore it through austerity and virtual deficits met a spectacular and fiery demise, greeting their anti-debt counterparts (fabricated and negotiated in kind), as if real markets and future prospects unfolded to the same morality play script, the personified Laziness and Greed versus the righteousness of the fabulists and troubadours.

I am sure there was no mutual annihilation, however, and rosiness and ease, by any number of estimations, are unfortunately not prevailing. Standards of ethics and morality of course do have everything to do with governance, stewardship and negotiation, but like the pronouncements of the Credit Rating Agencies, the so-called Troika, the triumvirate, is not the absolute moral authority it is setting itself up as.  I am sure the intent is pure but pontificating, far from under-shooting the mark, is a useful mask for hypocrisy and dread.