Which is really what they’re saying now that they’ve activated their “lifeline”.

Prime Minister George Papandreou asked for the 45 billion euro ($60.5 billion) package put together by the European Union and International Monetary Fund to be activated after months of markets pushing Greek borrowing costs ever higher, undermining the country’s efforts to cut its 300 billion euro debt load.

“It is imperative that we ask for the activation of the mechanism,” Papandreou said on live national television and radio from the remote Aegean island of Kastellorizo.

As a side note, of course he made the announcement from a remote island, that way he can dodge the protesters.

My issue is that the IMF is funded by me. As I said previously on the issue, I am a bit concerned.

And here’s where I become mildly concerned about my ass being on the line for the money. While the IMF is technically independent, if there’s a problem, you know they’re coming back to the US for cash.

I hope the technocrats at the IMF have at least given a heads up to Treasury and the President that this is an issue that may come up. Hey, it’s one thing for the US to save the sorry ass of GM, but how will the voters respond to knowing they’re also bailing out the sorry ass of the Greek government?