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France, Greece and Germany election results send austerity shockwaves through Europe
The Telegraph ^ | 5/6/2012 | Bruno Waterfield, Devorah Lauter in Paris

Posted on 05/06/2012 8:30:13 PM PDT by bruinbirdman

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To: bruinbirdman

It’s hard to think that so many probably fairly educated people can be so utterly clueless. They think all they have to do is demand and wealth will magically flow to them without them having to create it. Talk about a lapse of reality. What these people need are armies of robots to do all the work as they lay on the beaches sipping martinis.


41 posted on 05/06/2012 11:34:58 PM PDT by Bellflower (The LORD is Holy, separated from all sin, perfect, righteous, high and lifted up.)
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To: bruinbirdman
The slothful have spoken and they want their governments to spend their progeny into governmental slavery so that they themselves will not have to work. This will not end well.
42 posted on 05/06/2012 11:41:15 PM PDT by fella ("As it was before Noah, so shall it be again.")
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To: Bellflower
"It’s hard to think that so many probably fairly educated people can be so utterly clueless."

The elite commies are not clueless or dumb. Remember a few things: This is how they make their living. They are godless. Ends justify the means.

yitbos

43 posted on 05/06/2012 11:55:21 PM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: Bellflower
And the rest are witless dupes.

yitbos

44 posted on 05/06/2012 11:59:33 PM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: allendale
“Deficit spending squanders capital and leads to poverty. Financial gimmickry will not produce real wealth. Austerity one way or the other is a reality.”

They are selling their “Birthright” for a very small bowl of ill tasting pottage. The ChiComs and the Islam-A-Nazis are going to argue over who gets to buy what.

45 posted on 05/07/2012 12:03:52 AM PDT by fella ("As it was before Noah, so shall it be again.")
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To: bruinbirdman
As of 2:39 CDT Asian & European Market indices are of sharply:

Asia:
http://finance.yahoo.com/intlindices?e=asia

Europe:
http://finance.yahoo.com/intlindices?e=europe

46 posted on 05/07/2012 12:40:37 AM PDT by preacher (Communism has only killed 100 million people: Let's give it another chance!)
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To: bruinbirdman

“And children shall rise against parents...”

Stage is set for Global fascism, and its U.S. forced Romneyism.


47 posted on 05/07/2012 2:55:17 AM PDT by Varsity Flight (Phony-Care is the Government Work-Camp: Arbeitsziehungslager)
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To: GeronL

it’s the problem with a welfare state — it gets people so used to sucking at the govt teats that they don’t know what to do when the cow dies.


48 posted on 05/07/2012 3:20:05 AM PDT by Cronos (**Marriage is about commitment, cohabitation is about convenience.**)
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To: bruinbirdman
It's going to be fun watching America's Elite Rich, like Johnny Depp scurry out of the South of France to protect their wealth.
49 posted on 05/07/2012 3:25:29 AM PDT by Falcon4.0
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To: tcrlaf

“It was all I could do to keep from throwing something at the TV, it sounded so stupid.”

You and I should invest in TV manufacturing stocks.

tee hee.


50 posted on 05/07/2012 4:59:24 AM PDT by WaterWeWaitinFor (If we don't help make a change, then who will? It starts with us.)
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To: bruinbirdman

-—voters demands for a new approach had finally become too great to ignore.——

“New”? As in tried and failed? And tried and failed? And...


51 posted on 05/07/2012 5:08:57 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: Cronos
Yep, the French just vote themselves more money from a broke Treasury, just wait until they try and collect.
52 posted on 05/07/2012 5:14:08 AM PDT by 2001convSVT (Going Galt as fast as I can.)
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To: cherry

——what has to happen to the whole world is massive inflation.....I don’t see how else the world’s debt gets paid....——

Or default, which is also painful. I prefer default, because it would eliminate future entitlement (enslavement) spending, rather than steal from the accumulated wealth of the productive.

Inflation won’t affect the sponging community.


53 posted on 05/07/2012 5:17:42 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: Bellflower

-—It’s hard to think that so many probably fairly educated people can be so utterly clueless.——

It’s a case of wishful thinking or desire overruling the intellect, which is why moral-instruction is as, or more important than, intellectual formation.


54 posted on 05/07/2012 5:22:46 AM PDT by St_Thomas_Aquinas (Viva Christo Rey!)
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To: JediJones

I think Sarkozy was trying to cut government spending, and an electorate of socialists doesn’t want to hear that. Hollande promises to “tax the rich” at up to 75% so people don’t have to give up their “free” stuff.


55 posted on 05/07/2012 6:13:18 AM PDT by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: kabar

dollar will get better for awhile because there is no other stable place to put it.


56 posted on 05/07/2012 6:16:26 AM PDT by edcoil (It is not over until I win.)
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To: edcoil

German bunds


57 posted on 05/07/2012 8:20:06 AM PDT by kabar
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To: kabar

bonds? Not if they are going to be used to funnel money the the EU that will never been seen.


58 posted on 05/07/2012 8:51:24 AM PDT by edcoil (It is not over until I win.)
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To: edcoil
No, German bunds.

The German government's federal bond. The bund is issued to the public as a way for the German government to finance its spending. Like a T-Bill.

59 posted on 05/07/2012 9:07:06 AM PDT by kabar
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To: bruinbirdman
GovernMental austerity first, THEN conservative prosperity!!!

Austerity breeds posterity!!!

60 posted on 05/07/2012 3:19:54 PM PDT by SierraWasp ("GovernMental austerity first, THEN conservative prosperity!!! Austerity breeds properity!!!)
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