So, about that whole George Panandreou “democracy” thing, there’s this from today’s Report on Business:

“I will be glad even if we don’t go to a referendum, which was never a purpose in itself,” Mr. Papandreou said in the text of his talk to the cabinet, which was released to reports [sic], according to Reuters. “I’m glad that all this discussion has at least brought a lot of people back to their senses. If the opposition comes to the table to back the bailout, a referendum is not needed.”

So he’s not actually a democrat; he was just using the threat of permitting the Greek people to rule on their own fate to try and shore up his position against his political opposition. Good to know.