Posted on 06/27/2015 4:53:17 PM PDT by dynachrome
They have learned how to deal with blacks though.
There's a million Chinese nationals working in Africa now.
So the corrupt socialist EU political/financial cartel is about to implode.
It’s a good thing.
The whole corrupt, pseudo elitist theory of a “new world order” concept needs a stake to it’s evil heart.
I know the entire world will suffer, but perhaps we all deserve to suffer, for allowing tiny groups of flagrantly immoral people to assume power...
Can’t the Greeks just vote themselves more OPM? If not, what’s the EU for?
“not about money this is about political power.”
If you have the power, you can get the money
********************************************************************************************
Actually, it you want to WORK, and WORK HARD, you can get money and have power. Working hard is apparently a trait the Greeks have let fall by the wayside.
Wow!
The dam breaks...
“We are looking at our future in 20 years.”
I don’t think you have 20 years and we will have additional issues.
I have bet (through my preparations) that we have less than 5 years before it gets dicey.
20 years? God’s finger is hovering over the dominoe.
https://www.youtube.com/watch?v=-DT7bX-B1Mg
From South Park> Stan puts a $100 in the bank, next thing you know “...and its gone”
The Greek bail-out negotiations: The new sticking points
Jun 24th 2015, 18:48 by P.W.
http://www.economist.com/blogs/freeexchange/2015/06/greek-bail-out-negotiations
> ...the radical-left Syriza party has been unsurprisingly reluctant to cut public expenditure. Its measures... rely almost exclusively on tax rises. The corporate-income tax rate would rise from 26% to 29% in 2016. Pension contribution rates in the main private scheme would increase by 3.9 percentage points, reversing a previous cut and raising E350m this year and E800m in 2016... a one-off 12% tax on corporate profits above E500,000... the creditors want a smaller increase in the corporate-income tax rate, from 26% to 28%... they rule out the one-off corporate-profit tax and the rise in pension contribution rates... Their rejection makes economic sense since the levies would add to the pressures already facing companies as the Greek economy has deteriorated this year, particularly those firms owed money by the state, which has stopped paying commercial contractors... the creditors want a package that relies more heavily on higher revenue from VAT and thus from consumers (including tourists)... Among other things the creditors want to tax restaurant meals at 23% rather than 13%, a lower rate introduced two years ago by the previous government led by Antonis Samaras. The creditors also want steeper cuts on military outlays, of E400m next year rather than E200m... the Independent Greeks, a right-of-centre party, led by Panos Kammenos [coalition partner, would find this difficult] ...the creditors want... an immediate clampdown on early retirement... want to impose penalties for early retirement and to phase out the exemptions of older workers by 2022 (rather than 2025 as suggested by Mr Tsipras)... to start immediately rather than in January 2016... They also want to raise the contributions paid by pensioners for health care from 4% to 6% rather than to 5% as set out in the Greek plan.
can’t snip excerpts from this source:
Germany says Greek referendum plan shuts door on negotiations
June 28, 2015
http://www.smh.com.au/business/germany-says-greek-referendum-plan-shuts-door-on-negotiations-20150627-ghzj4y.html
> The 68-word ballot question namechecks four international institutions and asks voters for their opinion on two highly technical documents that weren’t made public before the referendum call and were only translated into Greek on Saturday. Worse, they may no longer be on the table. International Monetary Fund chief Christine Lagarde told the BBC late on Saturday that “legally speaking, the referendum will relate to proposals and arrangements which are no longer valid.”
> With Greece’s creditors refusing to extend its bailout, attention has turned swiftly to preventing massive capital flight as worried Greek citizens pull cash from ATMs. ... an outflow that has already reached dangerous levels... “Greek banks are near liquidation and can no longer remain solvent. Once the banks fail, ‘Grexit’ will become irreversible,” the source said.
Greek parliament approves referendum for July 5
Sunday, 28 June 2015
http://www.dnaindia.com/money/report-greek-parliament-approves-referendum-for-july-5-209955
> European officials and all Greek opposition parties except the extremist far-right Golden Dawn party called his move for a vote a foolish and rash gambit that effectively ended negotiations to keep Greece financially afloat.
Eurozone-Greece fallout: Tsipras messed up, says EU official
http://www.hindustantimes.com/world-news/eurozone-greece-fallout-tsipras-messed-up-says-eu-official/article1-1363634.aspx
[Tsipras hasn’t been negotiating in good faith; when it became clear that he couldn’t get debt forgiveness, or so-called reparations from Germany, he’s kept systematically refusing to meet the creditors’ demands, in order to lead Greece out of the EU, or anywhere, as long as he’s the one doing the leading]
Neither a debt write-off nor a Grexit would spell good news for Ireland
http://www.independent.ie/opinion/columnists/dan-obrien/neither-a-debt-writeoff-nor-a-grexit-would-spell-good-news-for-ireland-31328475.html
> For one group of commentators, the European and IMF side is wicked and uncaring, wanting sadistically to keep Greece in a permanent austerity trap. This side of the debate argues that Greece’s debts should be written off and that lifting the burden would solve the country’s problems in one fell swoop. For another group of commentators, taking a diametrically opposing view, the governments which ran Greece until early this year were weak and unreliable, frequently backsliding on the promises they made. The current Syriza-led administration is not only even less dependable, but it also disagrees ideologically with most of the measures the rest of the eurozone believes Greece needs. The anti-Greece brigade argue that after five-and-a-half years of crisis, it should be drummed out of the euro, and this would solve the eurozone crisis.
[Huh? While there are the dips***s who fall in the “creditors wicked and uncaring” side, no one wants “Greece in a permanent austerity trap”, they want Greece to live within its means and pay its debts. Failure to deal with its own overspending means Greece is refusing to pay, and that makes it foolish to loan it any more money. No Greek gov’t has taken the steps needed to get Greece out of debt, a state that would free it from the political struggles over austerity, and the current commie coalition is in the same mold. Grexit alone would solve nothing, but if accompanied by a plan to revitalize the Greek economy — and that would mean pushing up tourism while taking advantage of the cratered value of the new drachma to rocket up the taxes on hotels and meals. The problem then would become, will the money wind up getting put to work building other job-creating businesses, or just seen as a way to give everyone an early retirement and pension.]
> European Council President Donald Tusk said on Sunday that Greece must remain part of the euro single currency area, adding that he was in touch with government leaders to prevent Athens dropping out of the monetary union. “Greece is and should remain euro area member,” he tweeted after euro zone finance ministers refused to extend bailout loans ahead of a looming Greek debt default on Tuesday. “In contact with leaders to ensure integrity of euro area of 19 countries,” he added after the other 18 finance ministers met without their Greek counterpart in Brussels.
Euro zone readies for Greek default after Tsipras referendum call
http://in.reuters.com/article/2015/06/28/eurozone-greece-idINKBN0P70EJ20150628
I’d like to make a bid on the Parthenon.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.