Letter From New York 07 06 15 On the train, riding north…

Another grey summer day… Outside the sky is filled with clouds, hiding the sun, casting a great pall on the day. It has become the norm not the exception. So I am taking it all in stride and not allowing the grey to take my good spirits away, as I am in good spirits. Having had a good weekend in Baltimore, I am now on the train, gliding north, slowing down for a stop in Philadelphia before heading out for the stretch into New York, including the now infamous curve where a Regional train derailed.

The world’s markets have had a muted response with far less turbulence than had been feared. The Euro slipped against major currencies. Yanis Varoufakis, the Minister for Finance in Greece, resigned. Statements that he made saying Greece would start to use an “alternate” currency seems to have pushed him out. He said other European Ministers did not want him at the table. He will “wear the creditor’s loathing with pride.”

Probably good he is gone, replaced by Euclid Tsakalotos, a Greek negotiator called in when Varoufakis got too strident.

The European Central Bank is not pumping further money into the Greek banking system, a reality that is putting more pressure on those banks, which will stay closed for the next few days. Greeks are stocking up on staples, as they haven’t a clue what the future will hold. Some Greeks think Europe is purposely is working to push Greece out of the Euro and back into the Drachma.

It is a Greek drama being played out.

The British press is still having a field day with Princess Charlotte’s Christening and it is also taking time, in a hundred different ceremonies, to commemorate the 20th Anniversary of the Srebrenica massacres. In an act of genocide, thousands of Muslim men and boys were gathered up and slaughtered in that town. Serbians hate it when the world calls it “genocide” but it probably was…

President Obama made a rare visit to the Pentagon today to be briefed on the progress we are making against IS. He states that we don’t have a “complete strategy” for training Iraqi troops. And that is true.

An Iraqi jet accidentally bombed a section of Baghdad, killing twelve. How does one “accidentally” bomb one’s own capital? Enquiring minds would like to know.

Hundreds of thousands gathered for the Pope’s Mass in Guayaquil, Ecuador where he extolled the virtues of the family. He has chosen to go to three of South America’s poorest countries with his message of hope and spirituality.

In South Carolina they are debating whether to remove the Confederate Flag from the grounds of the state Capital. Lindsey Graham, Senator from that State, is, like many Republicans, attempting to distance himself from The Donald and his anti-Mexican statements.

I am almost feeling sorry for the GOP. But not quite.

Not feeling sorry for but definitely impressed by Warren Buffet, “The Oracle of Omaha” who just deposited $2.8 billion in five different foundations’ accounts. Worth $70 billion, he is determined to give much of it away.

Prince Alwaleed, the 34th richest person in the world, has just announced his is giving away his entire thirty some billion dollar fortune.

The Grateful Dead have played their last concert, closing with an exhortation to the crowds to “be kind.” I doubt there will ever be a band like them again. Never a great fan, I did honor their iconic place in American music. Go in peace; enjoy the next part of your lives.

The next part of my life is an evening in New York. The train is sliding through New Jersey and shortly we will be in New York. I am going to drop some things at the office and then I will head north to the apartment, drop some things and find myself some dinner, probably at Thai Market, my favorite Thai restaurant in the city.

Good evening, everyone!

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