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Finland Would Rather Exit Euro Than Pay for Others
WSJ ^ | 07/06/12

Posted on 07/06/2012 11:34:00 PM PDT by TigerLikesRooster

Finland Would Rather Exit Euro Than Pay for Others

Finland would rather leave the euro zone than pay down the debt of other countries in the currency bloc, Finnish Finance Minister Jutta Urpilainen said in a newspaper interview Friday.

"Finland is committed to being a member of the euro zone, and we think that the euro is useful for Finland," Urpilainen told financial daily Kauppalehti, adding though that "Finland will not hang itself to the euro at any cost and we are prepared for all scenarios."

"Collective responsibility for other countries' debt, economics and risks; this is not what we should be prepared for," she added.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: bailout; eu; finland

1 posted on 07/06/2012 11:34:07 PM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 07/06/2012 11:36:46 PM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

This just shows how hypocritical socialists are.


3 posted on 07/06/2012 11:37:20 PM PDT by Lancey Howard
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To: Lancey Howard

Even socialists have a limit. Ask them to pay for the whole world instead of just their countrymen and they cry uncle.


4 posted on 07/06/2012 11:40:59 PM PDT by raccoonnookkeeper (I keep raccoons in a nook!)
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To: raccoonnookkeeper
Even socialists have a limit. Ask them to pay for the whole world instead of just their countrymen and they cry uncle.

But none of them have any problem asking - through the UN and it's Democrat enablers - - the US to redistribute taxpayer money to every third world toilet in Africa.

5 posted on 07/06/2012 11:52:23 PM PDT by Lancey Howard
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To: TigerLikesRooster

You have to work til age 67 to pay for others who retire at 50


6 posted on 07/07/2012 12:01:18 AM PDT by 4rcane
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To: TigerLikesRooster

Saw this coming. The Euro currency is going to die. The European nation will fall soon after. Mark these words.


7 posted on 07/07/2012 12:23:44 AM PDT by A Navy Vet (An Oath is Forever)
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To: TigerLikesRooster
Finland makes good PR and good sense.

The last time ECB wanted euros from Finland they wanted gold as collateral for the loan.

yitbos

8 posted on 07/07/2012 12:29:19 AM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: TigerLikesRooster

Well that’s greedy and racist of them.

They should happily pay for starving poor people in the Eurozone.


9 posted on 07/07/2012 12:40:01 AM PDT by Tzimisce (THIS SUCKS)
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To: TigerLikesRooster

I would love to see the Euro break apart. An abject example of the cost of socialist spending.


10 posted on 07/07/2012 12:40:13 AM PDT by DCBurgess58 (In a Capitalist society, men exploit other men. In a Communist society it's exactly the opposite.)
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To: TigerLikesRooster

Nah. Nothing doing. Not with people like Olli Rehn in the mix (from Finland and currently “Commissioner for economic and monetary affairs and the euro”—yup, that’s his title). Not to mention that Finland’s current prime minister is a European People’s Party drone.


11 posted on 07/07/2012 12:44:14 AM PDT by Olog-hai
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To: DCBurgess58

The only thing that’s making the euro “suffer” is the Stability and Growth Pact.


12 posted on 07/07/2012 12:45:30 AM PDT by Olog-hai
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To: TigerLikesRooster
Master of ceremonies
Le Soir, Brussels

At the European Summit...

Herman Van Rompuy, European Council

"Just like normal.

"Those who are asking for money, make a line on the left.

"Those who are fed up of giving it, on the right.

"Anyone who has a solution, raise their hand.

"And everyone will have a coffee at 5pm."

yitbos

13 posted on 07/07/2012 12:48:12 AM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: bruinbirdman
"And everyone will have a coffee at 5pm."

The only thing they are capable of.:-)

14 posted on 07/07/2012 12:59:58 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: A Navy Vet

thought the euro was headed for doom years ago. You don’t have to be a sophisto economist to realize Europe is economically fragmented. It’s Pollyanish
to believe these countries could cooperate economically.

Travelling through Europe is like jumping from one indentured culture to another. The hard core socialists have been nothing but a drain on the few prospering counties.


15 posted on 07/07/2012 1:06:04 AM PDT by ChiMark (chewed up his body for a decade)
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To: TigerLikesRooster

For similar reasons, the US should withdraw completely from the United Nations. The US funds about 20-25% of the UN, which consists of over 160 countries, and spends hundreds of billions in taxpayers’ dollars “giving” to poorer countries where their corrupt leaders syphon off the money.


16 posted on 07/07/2012 3:12:44 AM PDT by octex
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To: octex

Ah, but the UN imprimatur is what sanctions our military Empire. Imagine the hit the defense industry would take if we weren’t a member.


17 posted on 07/07/2012 4:04:18 AM PDT by Wolfie
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To: TigerLikesRooster

What do you expect when you join a collective?

On a recent trip we ran into two Danish girls. They were on a round the world gap year trip. As we spoke they made fun of America and emphasized the goodness of Denmark in granting them a free education. They really emphasized free and dumped on America a little more.

Both of them were getting degrees in the soft sciences with one wanting to be a grade school teacher. We asked them how they could afford a year long round the world trip. Did they work in Denmark to save up? No, they said. They worked in Norway. The taxes in Denmark are too high and you cannot make any money there.

They never got the irony of it all.


18 posted on 07/07/2012 4:06:35 AM PDT by 1010RD (First, Do No Harm)
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To: TigerLikesRooster

All non-Moslem Americams will be taxed
to payoff the EU and Communist debts.
Get Ayers on it immediately.”

19 posted on 07/07/2012 4:31:55 AM PDT by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: TigerLikesRooster

Interesting. The hippies of the ‘60s tried forming their own communes, but they broke down quickly for the same reasons it always does - too many want to profit from other’s sweat. Normally, the bigger the socialist entity, the longer it can hold on; I wonder if Finland would profit or lose if it “secedes”. I wonder of the EU has a Lincoln who will take umbrage at someone who tries to secede...


20 posted on 07/07/2012 4:58:33 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: TigerLikesRooster
"Collective responsibility for other countries' debt, economics and risks; this is not what we should be prepared for," she added.

Maybe Finland is not as socialist as we think.

21 posted on 07/07/2012 5:06:01 AM PDT by olezip
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To: olezip

They’re coming to their senses, apparently.


22 posted on 07/07/2012 5:18:19 AM PDT by Eric in the Ozarks
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To: 1010RD

Those Danish girls sound Greek to me.


23 posted on 07/07/2012 5:24:00 AM PDT by Lonesome in Massachussets (The Democratic Party strongly supports full civil rights for necro-Americans!)
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To: 1010RD

I have English friends who love their “free” health care and complain about the high taxes. They never see the irony of it either.


24 posted on 07/07/2012 6:02:15 AM PDT by Marathoner 244
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To: octex

For similar reasons, the US should withdraw completely from the United Nations. The US funds about 20-25% of the UN, which consists of over 160 countries, and spends hundreds of billions in taxpayers’ dollars “giving” to poorer countries where their corrupt leaders siphon off the money.

The very reason the UN was fostered upon the taxpayers of the US by our liberal corrupt politicians for under the table kickback donations.


25 posted on 07/07/2012 6:20:33 AM PDT by chainsaw ("Two ways to conquer and enslave a nation. One is by the sword. The other is by debt.")
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To: TigerLikesRooster
Finland Would Rather Exit Euro Than Pay for Others

Said another way, Finland secesion from the EU would be peaceful and not start a euro-civil war.

Imgine this headline:Texas would rather Exit the USA Than Pay for Others

Oh, God I can here it now, "lets get out the long knives and fire up the tanks, we got a rouge state to squash!!!"

26 posted on 07/07/2012 6:27:54 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va

“Texas would rather Exit the USA Than Pay for Others...”

SSSSHH!....Texas Common Sense will be kicking in at some point!!!


27 posted on 07/07/2012 6:34:39 AM PDT by mo (If you understand, no explanation is needed. If you don't understand, no explanation is possible.)
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To: Lonesome in Massachussets

Change the location, change the appearance and change the language, but socialism is still socialism. It’s all good to drink the milk, but nobody wants to pay for it.


28 posted on 07/07/2012 6:54:55 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD
I agree, socialism is socialism, but I was talking to a Greek immigrant guy at work, and got his prospective. He said that friends and relatives who remained in Greece used to laugh at emigrant Greeks. It's not just the official mess, but Greece has become profoundly corrupt, people take advantage of the system without the least qualms, make dubious claims and are happy to let the Germans pay.

The Danes are living off a reservoir of work ethic and capital, when that runs out they will be as bad off as the Greeks, but without the pleasant climate.

29 posted on 07/07/2012 7:04:01 AM PDT by Lonesome in Massachussets (The Democratic Party strongly supports full civil rights for necro-Americans!)
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To: Lonesome in Massachussets

Socialism by its very nature leads to massive corruption. Any political system that violates Natural Law eventually returns to it, albeit in hidden or obscured form. Wealth still calls the shots, politics rules over merit and people learn to use the system to their benefit. There’s no incentive to work or to change.

Whenever someone longs for America to be more like Europe you can be certain they don’t know history, math or economics. They’re most likely a valedictorian from a government school, will graduate cum laude from an Ivy-league school and go on to determine policy for 300 million Americans. Ignorance is the most persistent disease of liberalism and the resilience of a bad idea always impresses me.

I was talking to someone else on another thread and wondered out loud how many Texas A&M Law School grads ever served or were even nominated for SCOTUS? I’ve met many Ivy league grads and they’re not that sharp. They get a lot of positive reinforcement just because of the name and the echo chamber/job placement takes care of the rest.


30 posted on 07/07/2012 8:00:53 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

.....Socialism by its very nature leads to massive corruption. .....

All animals are equal except pigs and they are more equal


31 posted on 07/07/2012 8:11:04 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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To: TigerLikesRooster
Finland would rather leave the euro zone than pay down the debt of other countries in the currency bloc...

Finland's right on this - paying down the debt of counties that damn well knew they were going in the hole is throwing good money after bad. The only thing learned would be spend it today, hit up responsible countries tomorrow.

32 posted on 07/07/2012 9:29:00 AM PDT by GOPJ (Speak truth to lies - to ignorance. Speak honesty to corruption . Stand-up to liberal elite liars..)
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To: bert

That’s a good book and I’m startled that school kids still get to read it.


33 posted on 07/07/2012 12:25:29 PM PDT by 1010RD (First, Do No Harm)
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