Stock Market Plunge On G-Pap's Big Fat Greek Referendum

THIS IS ANCIENT SPARTA

HOW DO YOU SAY 'GET REAL' IN GREEK? G-Pap's announcement is a big fat joke that his government will hold a referendum vote for it's citizens to decide whether they will willingly accept the EU's bailout money with conditions of austerity attached to them. How do you say does anyone not know the outcome of this childish, entitled, debt-ridden country's vote that will demand that life goes on as it has, business as usual?

Truth is, Greece have no choice but to tighten its belt no matter what the outcome of the vote. It can pretend a little longer. But in the beginning, middle and end the country is massively bankrupt and not to admit it and take the austerity measures only digs it further in the grave.

Markets are plunging all over the world. Trading was halted on the Russian markets. Will ours be next? We can only hope the contagion of fear and volatility will not spread and accelerate to epic, out-of-control proportions.

We're living in very treacherous times with much bigger concerns than whether Herman Cain once told some employee at the NRA that she's about the same height as his wife.