Posted on 07/07/2015 8:57:34 AM PDT by Kaslin
How does staying in the EU help Greece? If they stay in, they keep getting crack-whore money to continue their addiction.
They would have agree on a budget where cuts were made, pensions were changed, and tax avoidance was punished with real jail time. So far....with five years to produce some type of significant change....they’ve been unable to achieve anything. That kinda tells the whole story, and why this is a charity story, which will repeat itself once you give them hundred billion Euro. At best, that will last two years and then they return again for more money.
My suggestion is that they dump the Euro....take the Russian Ruble and become part of the Russian empire.
I did not know they were ruled by a military junta until 1974.
Or that they have had mass waves of emigration. In 1893, there was an economic crisis and the price of currants collapsed. They lost 1/6 of their population to the United States & Egypt. Then other various waves they'd lose 10% here, a million or so there, etc.
I want he to be regarded at the greatest failure of any elected official in history. A man who led his people dancing and singing down the rat hole of history.
Those closest analogy is that the Greece is like a crack addict. They are going to have to hit bottom and figure this out on their own. Giving them more money, no matter what terms you impose on them will only result in them cheating on the terms (like they have done in the past) and continuing their addiction. The underlying problem of a bloated gov’t sucking the life out of the private sector will remain.
Greece is like Chicago... they borrowed huge sums of money to liver beyond their means with the plan of dumping the debt on gullible lenders.
It’s not gonna work for Chicago or California and it’s not gonna work for Greece.
Maybe they’ll get away with it for a little while longer but the piper will get paid...
Pretty safe bet in many Western countries today.
Sad but true.
I dunno.....a naval base deal with Vlad Putin here, some talks with Spain and Argentina on forming a global debt cartel there.....Greece may yet be able to roll the Euros into giving them what they want.
The papers often talk about how the Greeks are notorious at avoiding taxes but I have some sympathy with them on this point. The producers are the ones generating incomes that are being taxed and I can see why they would want to pay as little in taxes as possible because the more you pay, the more you become a potential target for the grifters who populate the Greek governmental bureaucracies.
Capitalism and free enterprise may not be perfect but is is the only system ever devised that can sustain itself and give everybody the opportunity to be successful and live a decent life. Not so with socialism. It is just a dream of the Marxists of the world and has never been successful in any country in the history of the world wherever it has been tried. Just look at how well Venezuela is doing under this system.
The Greeks will rue the day they ever went down this path. Will other countries and their populations learn from this disastrous result, including the US? Only history will tell.
Is this the source of the confusion? All along, when we thought they said OK (OXI) they were saying No. Every time they said OXI (No) we thought they were saying OK.
People have a way of getting the government they deserve. It’s happening in Greece. It’s going to happen here..
I feel for the Greek people but they should have rejected the ‘free lunch’ offered... it’s never free.
Staying or going is completely besides the point. Greece needs to cut spending, cut its government sector, create a rational tax system that everyone buys into and reduce retirement benefits. That has nothing to do with staying in the EU.
A Greek friend of mine says that in Greece, probably 80% of the people work for the government in some fashion or other. That cannot possibly work, the math just won’t support it. If even 50% of the people work for the government, the numbers wouldn’t add up.
Someone has to work the private sector to pay the taxes to support the government, and 50% won’t work out that way.
Now you know why they voted the way they did.
Government workers don’t pay taxes...............................
If the Turks were smart, they would systematically agree to pay all Greek debts until they signed over their sovereignty. Once they take over a majority of the country, it would be over and they would own it, and probably kick all of the Greeks out.
Excellent post #13.
And where would the Greeks go? Obama would no doubt invite them all here to enjoy his new socialism experiment in the US and further destroy whatever great country we used to have until he started his “fundamental transformation”.
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