The Lying Liars of Luxembourg

Thanks to Dick for finding this ticking time bomb of an article on the Euro debt crisis.

http://www.taipanpublishinggroup.com/tpg/taipan-daily/taipan-daily-051111.html?sub=TD&o=346462&s=349361&u=49749738&l=255849&g=183&r=Milo

In saying "When it becomes serious, you have to lie," Mr. Juncker was apparently talking about the serious conditions in the eurozone. The necessary lies -- this time at least -- were in regards to the euro.

"Just before 6 p.m. [on Friday]," the WSJ reports, "German news magazine Spiegel Online distributed a report saying that eurozone finance ministers were convening a secret, emergency meeting in Luxembourg that evening to discuss a Greek demand to quit the eurozone."

Reporters frantically phoned Mr. Juncker's spokesman, Guy Schuller, to verify the "secret meeting" assertion Spiegel Online had made. The official word: No meeting. Even though there actually was one.

"I was told to say there was no meeting," Mr. Schuller told the WSJ. "We had certain necessities to consider... there was a very good reason to deny that the meeting was taking place."

It was "self-preservation," Schuller added, speaking for his finance minister boss.