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Greek Mythology

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  • R RJOberg

    Dalek Dave wrote:

    'conveniently overlooked'

    Greece probably found the right person to pay the proper amount of money.

    A Offline
    A Offline
    Alberto Bar Noy
    wrote on last edited by
    #7

    Yeah Goldman Sachs with Papademos as head of the Bank of Greece (you know today's technocrat PM...)

    Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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    • H hairy_hats

      One problem is that once you start drawing your pension (at 45 or so), if you declare another job for tax reasons, you lose half your pension income, so there is no incentive to do so, and working cash in hand in rife.

      A Offline
      A Offline
      Alberto Bar Noy
      wrote on last edited by
      #8

      True. The Greek pension system is rotten.

      Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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      • R RJOberg

        To be fair, isn't another reason Greece is in trouble that a lot of the ultra wealthy don't pay their proper amount of taxes? Doctors who only take cash as payment, drive around in expensive sports cars, and then claim they only make fifteen or twenty thousand a year. All it takes is paying the right person the proper amount of money.

        A Offline
        A Offline
        Alberto Bar Noy
        wrote on last edited by
        #9

        True. However if tax records where computerized less tax evasion would take place. Now why didn't that happen? Politicians of course nursing their rich friends.

        Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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        • D Dalek Dave

          (This is not a political comment, merely a view that the Greek People are in deep trouble) The bailout has been agreed. (Well no, not really, it needs ratification in all the EZ National Parliaments and there are still one or two who are wobbling). This will help the Greeks get back to normal. (If by Normal you mean 18% reduction in GDP, 30% unemployment, breakdown in law and order, failing health service, rise of extremists politics and permanent imposition of oversite by the EU (Thus making Greece the first EU Colony)). The Greek Debt position has been improved remarkably. (Except that instead of having €286 Billion in Debts it now has €190 Billion in debts, so still deep in the crapper). This will see an end to the Greek Crisis (No, it merely means the French and German banks will get back some of their investments, the Greek People will not see a penny of this money). Normality will be restored to the Banking System. (Ha Ha Ha - So much of Greek debt will now be held in official repositories, all of who will have preferential treatment as creditors, that there will not be a private sector investor willing to touch it with a barge pole, knowing they would be last in the queue of creditors.) Greece has to enshrine this loan guarantee into its Constitution so that any future party coming to power could not just say "Elephant off you Sunshines" to the EU! This will cause so much ill feeling that the Greek Army would be called onto the street. (Even the Greek police have issued a Arrest Warrant for any EU, IMF or ECB official who deigns to walk the streets). The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price. Why are the Politicos who did this not swinging from the lamp posts of Athens? Because almost to a man they fled the country, taking €Millions with them. A Sad Day, and I hope that any Greek CPians keep well and safe over the next 3 months (Elections due with the hard left parties looking good for the win).

          --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

          S Offline
          S Offline
          Single Step Debugger
          wrote on last edited by
          #10

          The problem is that the European and the Greek politicos are very short sighted about this issue. They are struggling to fix for a day or month a problem which has been developing from decades thus making the things even worse. Gradual reforms in Greece towards less government expends on military and administration, slightly less salaries, a little longer working hours, and the EU helping with the huge debt interests with either paying them or removing them. This is the path, step by step with a less shock for Greek people and creditors and the Euro. There is no magical solution, ohi, nada, zip!

          There is only one Vera Farmiga and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

          D 1 Reply Last reply
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          • D Dalek Dave

            (This is not a political comment, merely a view that the Greek People are in deep trouble) The bailout has been agreed. (Well no, not really, it needs ratification in all the EZ National Parliaments and there are still one or two who are wobbling). This will help the Greeks get back to normal. (If by Normal you mean 18% reduction in GDP, 30% unemployment, breakdown in law and order, failing health service, rise of extremists politics and permanent imposition of oversite by the EU (Thus making Greece the first EU Colony)). The Greek Debt position has been improved remarkably. (Except that instead of having €286 Billion in Debts it now has €190 Billion in debts, so still deep in the crapper). This will see an end to the Greek Crisis (No, it merely means the French and German banks will get back some of their investments, the Greek People will not see a penny of this money). Normality will be restored to the Banking System. (Ha Ha Ha - So much of Greek debt will now be held in official repositories, all of who will have preferential treatment as creditors, that there will not be a private sector investor willing to touch it with a barge pole, knowing they would be last in the queue of creditors.) Greece has to enshrine this loan guarantee into its Constitution so that any future party coming to power could not just say "Elephant off you Sunshines" to the EU! This will cause so much ill feeling that the Greek Army would be called onto the street. (Even the Greek police have issued a Arrest Warrant for any EU, IMF or ECB official who deigns to walk the streets). The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price. Why are the Politicos who did this not swinging from the lamp posts of Athens? Because almost to a man they fled the country, taking €Millions with them. A Sad Day, and I hope that any Greek CPians keep well and safe over the next 3 months (Elections due with the hard left parties looking good for the win).

            --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

            L Offline
            L Offline
            Lost User
            wrote on last edited by
            #11

            Greece is collapsing, the Iranians are getting aggressive, and Rome is in disarray. Welcome to 430 BC.

            Every man can tell how many goats or sheep he possesses, but not how many friends.

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            • A Alberto Bar Noy

              Dalek Dave wrote:

              Greece has to enshrine this loan guarantee into its Constitution

              Interesting given that the loan agreement from the first one 2 years ago to this one now is in each and every clause illegal according to the Constitution. Which means the so called Greek politicians have overlooked it. Who says it won't happen for the guarantee?

              Dalek Dave wrote:

              This will cause so much ill feeling that the Greek Army would be called onto the street.

              If this happens then the so called Greek politicians will hang from the lamp posts and the riot police will be used as wood for the fires to burn them. More likely German police will come over to beat Greeks to death... which will bring the army to the streets and a new resistance will rice given that Germans (as in Nazis but still Ggermans) abusing Greeks is a very vivid image in that country.

              Dalek Dave wrote:

              Why are the Politicos who did this not swinging from the lamp posts of Athens?

              Greek law states that every criminal offense made by an MP during his term is scratched off after said PM is not in office anymore. So they get the bribe cash Germans and French gave them when they where betraying their country and flee back to their patrons. Dave you did it again. Now I am flaming :mad:. Was it for this that my grandfather was injured twice in the 1940 war against the Italian fascists? Was it for this his family died in Auschwitz (Elephant off Goodwin and your law)? For the Germans to come back and finish the job? German and French CPians don't tell it to me. Go tell it to Merkozi.

              Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

              A Offline
              A Offline
              Alberto Bar Noy
              wrote on last edited by
              #12

              Truth hurts univoters. Deal with it.

              Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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              • D Dalek Dave

                (This is not a political comment, merely a view that the Greek People are in deep trouble) The bailout has been agreed. (Well no, not really, it needs ratification in all the EZ National Parliaments and there are still one or two who are wobbling). This will help the Greeks get back to normal. (If by Normal you mean 18% reduction in GDP, 30% unemployment, breakdown in law and order, failing health service, rise of extremists politics and permanent imposition of oversite by the EU (Thus making Greece the first EU Colony)). The Greek Debt position has been improved remarkably. (Except that instead of having €286 Billion in Debts it now has €190 Billion in debts, so still deep in the crapper). This will see an end to the Greek Crisis (No, it merely means the French and German banks will get back some of their investments, the Greek People will not see a penny of this money). Normality will be restored to the Banking System. (Ha Ha Ha - So much of Greek debt will now be held in official repositories, all of who will have preferential treatment as creditors, that there will not be a private sector investor willing to touch it with a barge pole, knowing they would be last in the queue of creditors.) Greece has to enshrine this loan guarantee into its Constitution so that any future party coming to power could not just say "Elephant off you Sunshines" to the EU! This will cause so much ill feeling that the Greek Army would be called onto the street. (Even the Greek police have issued a Arrest Warrant for any EU, IMF or ECB official who deigns to walk the streets). The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price. Why are the Politicos who did this not swinging from the lamp posts of Athens? Because almost to a man they fled the country, taking €Millions with them. A Sad Day, and I hope that any Greek CPians keep well and safe over the next 3 months (Elections due with the hard left parties looking good for the win).

                --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

                E Offline
                E Offline
                Ennis Ray Lynch Jr
                wrote on last edited by
                #13

                Spending more than you make is always a financial disaster. There is no one to blame but the populace at large for this. Nearly every country in the world is guilty and the second people start realizing that the entire system is an illusion there will be a financial correction (not a melt-down, because that implies there was something solid there before). The only real solution for the Greek problem is the same solution every country will face, either invade and enjoy the spoils of conquest or only spend what you can force your citizens to pay in taxes, oh, and only print money that is worth something. Not that it means anything coming from a U.S. citizen, over here if you are big company you get a billion dollar bailout with no personal guarantees but if you want to start a small business you have to put down 80% and have your house as collateral for the loan.

                Need custom software developed? I do custom programming based primarily on MS tools with an emphasis on C# development and consulting. I also do Android Programming as I find it a refreshing break from the MS. "And they, since they Were not the one dead, turned to their affairs" -- Robert Frost

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                • D Dalek Dave

                  (This is not a political comment, merely a view that the Greek People are in deep trouble) The bailout has been agreed. (Well no, not really, it needs ratification in all the EZ National Parliaments and there are still one or two who are wobbling). This will help the Greeks get back to normal. (If by Normal you mean 18% reduction in GDP, 30% unemployment, breakdown in law and order, failing health service, rise of extremists politics and permanent imposition of oversite by the EU (Thus making Greece the first EU Colony)). The Greek Debt position has been improved remarkably. (Except that instead of having €286 Billion in Debts it now has €190 Billion in debts, so still deep in the crapper). This will see an end to the Greek Crisis (No, it merely means the French and German banks will get back some of their investments, the Greek People will not see a penny of this money). Normality will be restored to the Banking System. (Ha Ha Ha - So much of Greek debt will now be held in official repositories, all of who will have preferential treatment as creditors, that there will not be a private sector investor willing to touch it with a barge pole, knowing they would be last in the queue of creditors.) Greece has to enshrine this loan guarantee into its Constitution so that any future party coming to power could not just say "Elephant off you Sunshines" to the EU! This will cause so much ill feeling that the Greek Army would be called onto the street. (Even the Greek police have issued a Arrest Warrant for any EU, IMF or ECB official who deigns to walk the streets). The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price. Why are the Politicos who did this not swinging from the lamp posts of Athens? Because almost to a man they fled the country, taking €Millions with them. A Sad Day, and I hope that any Greek CPians keep well and safe over the next 3 months (Elections due with the hard left parties looking good for the win).

                  --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

                  R Offline
                  R Offline
                  R Giskard Reventlov
                  wrote on last edited by
                  #14

                  A reasonable summation of the situation though I hope that it doesn't descend into anarchy as that will quickly spread to Italy, Spain, etc. In any case, if the EU are struggling to 'help' Greece, how will they cope if any of the other PIIGS start to go under? (Italy, Spain???) Quite worrying: is not looking good. I would have thought it would have been better to cut Greece adrift than to keep plowing good money after bad. Oh wait, it's not their money so they don't care!

                  "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair. nils illegitimus carborundum me, me, me

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                  • R R Giskard Reventlov

                    A reasonable summation of the situation though I hope that it doesn't descend into anarchy as that will quickly spread to Italy, Spain, etc. In any case, if the EU are struggling to 'help' Greece, how will they cope if any of the other PIIGS start to go under? (Italy, Spain???) Quite worrying: is not looking good. I would have thought it would have been better to cut Greece adrift than to keep plowing good money after bad. Oh wait, it's not their money so they don't care!

                    "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair. nils illegitimus carborundum me, me, me

                    D Offline
                    D Offline
                    Dalek Dave
                    wrote on last edited by
                    #15

                    mark merrens wrote:

                    it's not their money so they don't care

                    The nub of the problem We should make the politicians legally responsible for their policies!

                    --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

                    R 1 Reply Last reply
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                    • D Dalek Dave

                      (This is not a political comment, merely a view that the Greek People are in deep trouble) The bailout has been agreed. (Well no, not really, it needs ratification in all the EZ National Parliaments and there are still one or two who are wobbling). This will help the Greeks get back to normal. (If by Normal you mean 18% reduction in GDP, 30% unemployment, breakdown in law and order, failing health service, rise of extremists politics and permanent imposition of oversite by the EU (Thus making Greece the first EU Colony)). The Greek Debt position has been improved remarkably. (Except that instead of having €286 Billion in Debts it now has €190 Billion in debts, so still deep in the crapper). This will see an end to the Greek Crisis (No, it merely means the French and German banks will get back some of their investments, the Greek People will not see a penny of this money). Normality will be restored to the Banking System. (Ha Ha Ha - So much of Greek debt will now be held in official repositories, all of who will have preferential treatment as creditors, that there will not be a private sector investor willing to touch it with a barge pole, knowing they would be last in the queue of creditors.) Greece has to enshrine this loan guarantee into its Constitution so that any future party coming to power could not just say "Elephant off you Sunshines" to the EU! This will cause so much ill feeling that the Greek Army would be called onto the street. (Even the Greek police have issued a Arrest Warrant for any EU, IMF or ECB official who deigns to walk the streets). The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price. Why are the Politicos who did this not swinging from the lamp posts of Athens? Because almost to a man they fled the country, taking €Millions with them. A Sad Day, and I hope that any Greek CPians keep well and safe over the next 3 months (Elections due with the hard left parties looking good for the win).

                      --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

                      M Offline
                      M Offline
                      Marc Clifton
                      wrote on last edited by
                      #16

                      Dalek Dave wrote:

                      The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price.

                      Well, if you're speaking of the Greek people, yes, but if you're speaking of the Greek gov't, they lied to the EU. Marc

                      My Blog
                      The Relationship Oriented Programming IDE
                      Melody's Amazon Herb Site

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                      • M Marc Clifton

                        Dalek Dave wrote:

                        The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price.

                        Well, if you're speaking of the Greek people, yes, but if you're speaking of the Greek gov't, they lied to the EU. Marc

                        My Blog
                        The Relationship Oriented Programming IDE
                        Melody's Amazon Herb Site

                        D Offline
                        D Offline
                        Dalek Dave
                        wrote on last edited by
                        #17

                        I have no sympathy with governments. We all know they are a bunch of lying crooks.

                        --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

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                        • D Dalek Dave

                          I have no sympathy with governments. We all know they are a bunch of lying crooks.

                          --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

                          L Offline
                          L Offline
                          Lost User
                          wrote on last edited by
                          #18

                          You still hoping to get elected? ;P

                          Every man can tell how many goats or sheep he possesses, but not how many friends.

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                          • L Lost User

                            You still hoping to get elected? ;P

                            Every man can tell how many goats or sheep he possesses, but not how many friends.

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                            Dalek Dave
                            wrote on last edited by
                            #19

                            Yep :) Still working hard in the Local Group so that I get a better Ward (ie more winnable) next time round. There is a lot of butt-kissing and chumming up involved you know!

                            --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

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                            • M Marc Clifton

                              Dalek Dave wrote:

                              The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price.

                              Well, if you're speaking of the Greek people, yes, but if you're speaking of the Greek gov't, they lied to the EU. Marc

                              My Blog
                              The Relationship Oriented Programming IDE
                              Melody's Amazon Herb Site

                              A Offline
                              A Offline
                              Alberto Bar Noy
                              wrote on last edited by
                              #20

                              They lied to everyone. And now they are going to elections to get the people's votes... and trust. I wonder how this will come out.

                              Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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                              • D Dalek Dave

                                mark merrens wrote:

                                it's not their money so they don't care

                                The nub of the problem We should make the politicians legally responsible for their policies!

                                --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

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                                R Offline
                                R Giskard Reventlov
                                wrote on last edited by
                                #21

                                Dalek Dave wrote:

                                We should make the politicians legally responsible for their policies!

                                They should also be held legally accountable for manifesto promises which they make to get elected and then ignore. But, I voted for you becuase of that promise... Sorry, can't be done, the situation has changed in the 3 days we've been in power... All politicians are liars: so why do we keep believing them when they say they're going to do such-and-such?

                                "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair. nils illegitimus carborundum me, me, me

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                                • R R Giskard Reventlov

                                  Dalek Dave wrote:

                                  We should make the politicians legally responsible for their policies!

                                  They should also be held legally accountable for manifesto promises which they make to get elected and then ignore. But, I voted for you becuase of that promise... Sorry, can't be done, the situation has changed in the 3 days we've been in power... All politicians are liars: so why do we keep believing them when they say they're going to do such-and-such?

                                  "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair. nils illegitimus carborundum me, me, me

                                  A Offline
                                  A Offline
                                  Alberto Bar Noy
                                  wrote on last edited by
                                  #22

                                  Here is an expression that is told in Israel by politicians seriously and by the people cynically: What one can see from here (the chair of PM) cannot be seen from there (opposition)... It resembles the PaSoK last election manifesto "There is money!" and when they got to be gov: "Where is the money?"

                                  Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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                                  • A Alberto Bar Noy

                                    Dalek Dave wrote:

                                    Greece has to enshrine this loan guarantee into its Constitution

                                    Interesting given that the loan agreement from the first one 2 years ago to this one now is in each and every clause illegal according to the Constitution. Which means the so called Greek politicians have overlooked it. Who says it won't happen for the guarantee?

                                    Dalek Dave wrote:

                                    This will cause so much ill feeling that the Greek Army would be called onto the street.

                                    If this happens then the so called Greek politicians will hang from the lamp posts and the riot police will be used as wood for the fires to burn them. More likely German police will come over to beat Greeks to death... which will bring the army to the streets and a new resistance will rice given that Germans (as in Nazis but still Ggermans) abusing Greeks is a very vivid image in that country.

                                    Dalek Dave wrote:

                                    Why are the Politicos who did this not swinging from the lamp posts of Athens?

                                    Greek law states that every criminal offense made by an MP during his term is scratched off after said PM is not in office anymore. So they get the bribe cash Germans and French gave them when they where betraying their country and flee back to their patrons. Dave you did it again. Now I am flaming :mad:. Was it for this that my grandfather was injured twice in the 1940 war against the Italian fascists? Was it for this his family died in Auschwitz (Elephant off Goodwin and your law)? For the Germans to come back and finish the job? German and French CPians don't tell it to me. Go tell it to Merkozi.

                                    Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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                                    Dexterus
                                    wrote on last edited by
                                    #23

                                    No, but they didn't sacrifice their lives for the politicians to throw money left and right to random countries while collecting massive bribes and digging a bigger and bigger hole. They didn't sacrifice their lives for said politicians to cover all their splurging from their own people and from the EU and erase any trace of money trouble from the bookkeeping. They didn't sacrifice their lives for the people to gladly turn a blind eye to all the corruption of their leaders due to being well paid from money nobody actually had and needed to be borrowed. They didn't sacrifice their lives for all the institutions that should have kept an eye on the tax evasion, illegal stuff, to listen to the leaders saying: ah, let them be, we're stealing enough ourselves. What's happening now eventually had to happen. Sure, if it wasn't the euro the government would have put in some inflation, well, a bit more, economy would have still gone down, people would have felt it but not by lowered pay, just higher prices and in a more controlled way. No riots, no anti-EU sentiments. And I assume everyone in the country knew that there was mass tax evasion, that the leaders were lying, and accepted for the big salaries. And kept electing them. Well, they're chosen by the Greek, not by someone else.

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                                    • S Single Step Debugger

                                      The problem is that the European and the Greek politicos are very short sighted about this issue. They are struggling to fix for a day or month a problem which has been developing from decades thus making the things even worse. Gradual reforms in Greece towards less government expends on military and administration, slightly less salaries, a little longer working hours, and the EU helping with the huge debt interests with either paying them or removing them. This is the path, step by step with a less shock for Greek people and creditors and the Euro. There is no magical solution, ohi, nada, zip!

                                      There is only one Vera Farmiga and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

                                      D Offline
                                      D Offline
                                      Dexterus
                                      wrote on last edited by
                                      #24

                                      They needed to give up the Euro, at this point there's nothing they can do to get more money, being tied to the Euro. That is without going through Germany and France. Because they're so tied to the Euro they couldn't fend off the vultures when it started to smell.

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                                      • D Dexterus

                                        No, but they didn't sacrifice their lives for the politicians to throw money left and right to random countries while collecting massive bribes and digging a bigger and bigger hole. They didn't sacrifice their lives for said politicians to cover all their splurging from their own people and from the EU and erase any trace of money trouble from the bookkeeping. They didn't sacrifice their lives for the people to gladly turn a blind eye to all the corruption of their leaders due to being well paid from money nobody actually had and needed to be borrowed. They didn't sacrifice their lives for all the institutions that should have kept an eye on the tax evasion, illegal stuff, to listen to the leaders saying: ah, let them be, we're stealing enough ourselves. What's happening now eventually had to happen. Sure, if it wasn't the euro the government would have put in some inflation, well, a bit more, economy would have still gone down, people would have felt it but not by lowered pay, just higher prices and in a more controlled way. No riots, no anti-EU sentiments. And I assume everyone in the country knew that there was mass tax evasion, that the leaders were lying, and accepted for the big salaries. And kept electing them. Well, they're chosen by the Greek, not by someone else.

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                                        A Offline
                                        Alberto Bar Noy
                                        wrote on last edited by
                                        #25

                                        True on all counts.

                                        Alberto Bar-Noy --------------- “The city’s central computer told you? R2D2, you know better than to trust a strange computer!” (C3PO)

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                                        • D Dalek Dave

                                          (This is not a political comment, merely a view that the Greek People are in deep trouble) The bailout has been agreed. (Well no, not really, it needs ratification in all the EZ National Parliaments and there are still one or two who are wobbling). This will help the Greeks get back to normal. (If by Normal you mean 18% reduction in GDP, 30% unemployment, breakdown in law and order, failing health service, rise of extremists politics and permanent imposition of oversite by the EU (Thus making Greece the first EU Colony)). The Greek Debt position has been improved remarkably. (Except that instead of having €286 Billion in Debts it now has €190 Billion in debts, so still deep in the crapper). This will see an end to the Greek Crisis (No, it merely means the French and German banks will get back some of their investments, the Greek People will not see a penny of this money). Normality will be restored to the Banking System. (Ha Ha Ha - So much of Greek debt will now be held in official repositories, all of who will have preferential treatment as creditors, that there will not be a private sector investor willing to touch it with a barge pole, knowing they would be last in the queue of creditors.) Greece has to enshrine this loan guarantee into its Constitution so that any future party coming to power could not just say "Elephant off you Sunshines" to the EU! This will cause so much ill feeling that the Greek Army would be called onto the street. (Even the Greek police have issued a Arrest Warrant for any EU, IMF or ECB official who deigns to walk the streets). The poor Greeks were lied to, cajouled and bribed into the Euro, and now they are paying the price. Why are the Politicos who did this not swinging from the lamp posts of Athens? Because almost to a man they fled the country, taking €Millions with them. A Sad Day, and I hope that any Greek CPians keep well and safe over the next 3 months (Elections due with the hard left parties looking good for the win).

                                          --------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live

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                                          mikemar
                                          wrote on last edited by
                                          #26

                                          What I find most disturbing as an American is that our government won't take any real steps to prevent the same thing from happening here. I've seen other European countries taking preemptive steps to head off a similar crisis in their country even though it's not popular with a lot of people but in this country we keep acting like we haven't been warned. The Democrats won't agree to anything other than superficial spending cuts and the Republicans won't agree to any tax increases at all. The USA's debt to GDP is almost as bad as Greece, I guess the creditor just trust us more to pay our bills. But I don't think it will be many years before the same thing happens here.

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