Posted on 05/20/2012 6:32:17 AM PDT by DeaconBenjamin
I suspect that trying to set up manufacturing in Greece is as futile as trying to do so in California. Any attempt results in swarms of bureaucrats and inspectors descending on you, fining you for infractions (and demanding payoffs).
The only way out for Greece involves eliminating 75% of government employees, and terminating much of the welfare state. Doing so will result in riots.
It's like being a drug addict: it's easier to try to get one more fix, than to contemplate the pain of going through withdrawal.
If the American people had the good sense to elect a fiscally responsible President and Congress who would (1) abolish the capital gains tax, (2) abolish corporate taxes, (3) abolish inheritance taxes,(4) secure property rights, and (5) abolish all unnecessary regulations, foreign (and domestic) capital would flow into the United States like Niagara Falls!
If the American people had the good sense to elect a fiscally responsible President and Congress who would (1) abolish the capital gains tax, (2) abolish corporate taxes, (3) abolish inheritance taxes,(4) secure property rights, and (5) abolish all unnecessary regulations, foreign (and domestic) capital would flow into the United States like Niagara Falls!
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Not that I necessarily disagree, but would you please expound beyond the bumber sticker...
DNC I and DNC II (formerly known as the RNC).
But if they had that much sense, we wouldn’t be in this mess in the first place.
Yes.
One of my drill sergeants used to yell something, forget what it was exactly, “don’t write checks your body can’t cash”, something like that.
Greece as a country has defaulted many times, and there is in hindsight a clear realization they were never in compliance with the terms for entry into the EU to begin with.
Some have argued what’s happening now, or some variant at least, was the plan to begin with. There is technically no provision for exit of the EU, and the calls by the technocrats is to exert political control via Brussels. Neat trick, huh?
In recent decades Greece received a lot of aid from other Western countries as a bulwark against the communists.
...and seeing into the future, if you are not among the “chosen” when the Affordible Care “Act” becomes fully implemented, the bother of providing you (me) with the drugs to treat our diabetes is above and beyond what the State is willing to provide. So we die. Which is the plan...
well put - free market capitalism is, boiled down to its essence, economic & societal cooperation. As government gets bigger, it convinces people not to cooperate so much. Forget the stupid Jeremiah Wright commercials - start filming a series of ads in Greece.
...and seeing into the future, if you are not among the “chosen” when the Affordable Care “Act” becomes fully implemented, the bother of providing you (me) with the drugs to treat our diabetes is above and beyond what the State is willing to provide. So we die. Which is the plan...
Greece has a smaller GNP than Indiana. How can it cause all this trouble? Just let it go!
“Watching Greece” should become a didactic exercise for all the other Western nations. It illustrates what can happen — or more correctly, what WILL happen - when socialism collapses and nations are forced to recover and reconstruct themselves “cold turkey”.
I could give a sh1t about Greece and I could give a sh1t about the Euro......Just please Lord, lets get rid of Barry Soetoro.
“When you’re in a hole, stop digging.”
Nothing wrong with this observation.
But...
The problem with socialists is that after getting into the hole, their only “solutions” are to dig deeper and dig faster.
Also playing right now in Illinois, Maryland, and California...
“This is the soil that Hitler grew from.”
A prediction:
Within five years, the Golden Dawn party will be running Greece.
And - for better or worse - conditions may actually improve there as a result.
Just speculation...
But one must also define “the hole” in a useful way. If an expert says that “spending less” or “responsible budgeting” is “a hole” then the expert’s advice that we should stop digging that hole, is simply bad advice.
A few rewrites to the “Communist/Socialist” authors original writing is needed for a better understanding of what the authors are saying.
“Without international bailout cash, salaries and pensions would go unpaid and violence, political extremism and uncontrolled emigration could quickly follow.”
This need to be rewritten as follows - “Without you (Not Greek) idiots (rich - take your pick, Americans, British, etc)giving your money to the Greeks there will be trouble, This we the authors can promise.
the next section needing a rewrite
“After voting inconclusively for parties that opposed foreign-imposed austerity, including the neo-Nazi Golden Dawn, Greeks head to the polls again in a month’s time.”
This needs to be re-written as follows - We the Stalinist Authors do not wish to share any of the booty we steel from the idiot population with our skinhead brothers. Since out skinhead brother beat us up when we were children
I believe what your DI said was something like “Don’t let your mouth write a check your ass can’t cash”
They should collect up all the money that’s left and go to Las Vegas and put it all on number 5.
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