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UPDATE: Tens of Thousands March Through Athens in Austerity Protest
Wall Street Journal ^ | October 18, 2012 | By Stelios Bouras and Nektaria Stamouli

Posted on 10/18/2012 5:42:34 AM PDT by Oldeconomybuyer

Edited on 10/18/2012 5:51:45 AM PDT by Admin Moderator. [history]

ATHENS--Tens of thousands of Greeks took to the streets of Athens Thursday, demanding the Greek government call off plans to appease international creditors with more spending cuts and tax increases.

Many of the demonstrators held banners imploring the government to "Sacrifice the capital funds of the European Union and International Monetary Fund, not the people" and "Stop the measures driving us into poverty."


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


TOPICS: Constitution/Conservatism; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: failure; greece; obama; socialism

1 posted on 10/18/2012 5:42:42 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer
call off plans to appease international creditors with more spending cuts

Just think about how screwed up this thinking is. Assume I make $40K a year and spend $50K a year by borrowing on my credit card. I then max out the card and can't borrow anymore and have to start paying it back. Do I protest to the credit card company that they should extend more credit to me so I can keep living off $50K a year? That is insanity. Yet its the mentality that the Welfare State creates.

2 posted on 10/18/2012 6:00:12 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Opinionated Blowhard

I can’t wrap my head around it either. What part of “You have no money!” do they not understand?

Now that they’ve blown through their own “paycheck”, they want to spend their neighbor’s, too.


3 posted on 10/18/2012 6:16:24 AM PDT by nodumbblonde ("I'm all for helping the helpless, but I don't give a rat's a** about the clueless." - Dennis Miller)
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To: Opinionated Blowhard

Taxes,we don’t pay no stinkin’ taxes!


4 posted on 10/18/2012 6:30:37 AM PDT by Dr. Ursus
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To: Oldeconomybuyer

“Free Baklava For All!”


5 posted on 10/18/2012 6:47:25 AM PDT by Dr. Thorne ("How long, O Lord, holy and true?" - Rev. 6:10)
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To: nodumbblonde

I literally do not understand this either..... It’s like they don’t understand the concept that nothing in this life is free.


6 posted on 10/18/2012 6:57:41 AM PDT by midnightcat
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To: Oldeconomybuyer

Real “austerity” is what will happen when Germany declines to throw good money after bad and says “no more.” The cretins in the streets don’t have a clue.


7 posted on 10/18/2012 7:24:17 AM PDT by sphinx
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To: sphinx

The Greek government should just print up about 100 gazillian dollars and give every citizen a portion of it. This way they will all be rich.

I just want to see the face of the woman who has to pay 200,000 dollars for a pound of olives.


8 posted on 10/18/2012 7:35:22 AM PDT by EQAndyBuzz
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To: midnightcat

I guess they don’t care as long as it’s free to THEM!


9 posted on 10/18/2012 9:45:58 AM PDT by nodumbblonde ("I'm all for helping the helpless, but I don't give a rat's a** about the clueless." - Dennis Miller)
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To: Opinionated Blowhard

“Assume I make $40K a year and spend $50K a year by borrowing on my credit card. I then max out the card and can’t borrow anymore and have to start paying it back.”

Oh my gosh, my ex-wife is Greek!


10 posted on 10/18/2012 11:58:38 AM PDT by Owl558 ("Those who remember George Satayana are doomed to repeat him")
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