[NRx]

Of possible interest.

[Paladin2]

No interest, no principle.

[USMCPOP]

Promise anyone anything to get into power, then whine when reality knocks at the door. Greece, the door is open and you can walk out any time you want. SLAM.

[abb]

When you lend money to deadbeats, there is a risk that you’ll never see it again. They’re experts at lying.

[EEGator]

Never defy the emu...

[tcrlaf]

Europe has to keep Greece in line on the Euro debt, or Spain, Portugal, Italy, and several smaller countries may start doing the exact same thing.

[Socon-Econ]

Socialists think that “austerity” is a dirty word because it recognizes that you can’t spend money that you don’t have. Wanna spend more? Produce more.

[Nervous Tick]

>> ...Mr Varoufakis [pronounced ‘Euro-phuk-us’, heh heh] wrote in The New York Times that he is not playing academic “game theory” and is not bluffing. “The lines that we have presented as red will not be crossed,” he said...

OOOH! A *Red Line*! Obama must have sent advisors over to Grease... hope they don’t catch that terminal lazy syndrome that’s endemic over there.

[Star Traveler]

I hope Greece pulls out of the EU and collapses the Euro!

[blueunicorn6]

This is what happens when you don’t take democracy seriously.
Politics used to be about selecting the best person for a job. The best person for the job was the person who could get the most efficiency and effectiveness out of each hard-earned taxpayer dollar. That’s not what has been going on in Greece. They just elected a liar. They might just as well have elected Big Bird or SpongeBob.
Venezuela, Greece, Cuba.....they have PAS Governments.....Promise And Steal.

[circlecity]

If you look at the numbers Greece hasn’t imposed anything remotely resembling “austerity”. Spending has increased.

[TruthInThoughtWordAndDeed]

Greece will very shortly give over its sovereignty to the EU in exchange for continued handouts.

[Oldeconomybuyer]

"For generations, political power in Greece has been based in large part on providing public sector jobs in exchange for votes. To protect workers from being thrown out when a rival party came to power, virtually iron-clad job protections for government workers were enshrined in the Constitution."

NY Times, October 12, 2012

http://www.nytimes.com/2012/10/11/opinion/the-cost-of-protecting-greeces-public-sector.html?_r=0

[familyop]

It appears that the experiment with debt has been thoroughly tried to dessication and beyond.

[bert]

the Greeks will muddle through

[csn vinnie]

It sounds like the EU wants to know how Greece will pay the money back before they lend any more money. That does not seem so entirely unreasonable.