The symbolism is incredible….

Virtually the same hour that S&P was downgrading Italy and France’s credit, and the banks have given up on saving Greece, the luxury ship Costa Concordia – named after the hope for European Unity – on a cruise from Italy to France apparently hits some underground rock and starks to list.

The Captain steers the boat to shore to try to run it aground on the sand so it doesn’t sink completely and the passengers are close to land and won’t perish.

I guess I just have an odd sense of irony.

The only thing missing from the story is some connection to Iran or Libya.   Wasn’t there a report that some country was experimenting with tool to give false GPS readings?

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