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Yes of course, because banks love it when they lend out billions that don't get paid back.
Thanks for proving my point, that lefties will now say Greece was a victim of "predatory" bank practices and it's really the fault of the lenders.
Qsts based on the above:
1.Were the "lenders" lending Greece billions because they're nice and generous lenders, or because there were profits to be made?
2. If the answer to the above is that indeed there were profits to be made, exactly what set of policies curbed the lenders' greed from making "some" profit versus "huge" profits?
The analogy is a simple one.......Greece is like the proverbial drug addict and the European banks, like the proverbial drug pushers......Should only ONE in these symbiotic relationships be held responsible???
Just look at how so many Americans didn't pay their mortgages and defaulted. They made all their money back and then some. Not only that but they got there policies passed and will continue to reap the benefits for years to come. Greece said f*** you just like we should have to the bankers back during tarp. No thanks don't love this. They would rather get their way but don't worry about the bankers buddy will be just fine.Almost as if they let Greece in on purpose knowing this would happen?Well
We certainly aren't going to let you liars control the message.The progressives will now just blame rich white people. They will say Germans should be forgiving this debt and even pay it for them.
Remember how our economic crisis a while back was all caused by "greedy banks" giving too much money to people who could not pay it back? The lefties just kept repeating that lie, until they just believed it blindly.
I'm telling you, they are just going to do the same here. So if their economy just collapses, they will blame the banks and debt holders like Germany. The progressive Agenda must not take a hit, it must press on.
I'm not a media mogul. I cannot control any message.
Your elitist masters do that. They have already begun circulating stories about how Germany had its debt forgiven after WWII, and now the same should be done for Greece. They're going to say the Germans are being too inflexible and mean, and that they should be paying more of their "fair share" on behalf of poor countries like Greece. The socialist have already been using the term "blackmail" for conditions on receiving a loan.
It's a typical leftist tactic, play the victim and blame your political opposition for your own failures. It's worked like a charm so far, I suspect it will work again.
Yes of course, because banks love it when they lend out billions that don't get paid back.
Thanks for proving my point, that lefties will now say Greece was a victim of "predatory" bank practices and it's really the fault of the lenders.
Progs can never take responsibility for their failed policies.
Keep complaining about how things are and then cry about the debt and realize that the debt is there because of how things are
Yes of course, because banks love it when they lend out billions that don't get paid back.
Thanks for proving my point, that lefties will now say Greece was a victim of "predatory" bank practices and it's really the fault of the lenders.
Qsts based on the above:
1.Were the "lenders" lending Greece billions because they're nice and generous lenders, or because there were profits to be made?
2. If the answer to the above is that indeed there were profits to be made, exactly what set of policies curbed the lenders' greed from making "some" profit versus "huge" profits?
The analogy is a simple one.......Greece is like the proverbial drug addict and the European banks, like the proverbial drug pushers......Should only ONE in these symbiotic relationships be held responsible???
Oh good grief. Yes, the banks are in it to make money. They make money when the loan is paid back, not when it is failed to be paid back.
Do you think banks would exist for long if they are lending other people's money and never get it back?
Yes of course, because banks love it when they lend out billions that don't get paid back.
Thanks for proving my point, that lefties will now say Greece was a victim of "predatory" bank practices and it's really the fault of the lenders.
Qsts based on the above:
1.Were the "lenders" lending Greece billions because they're nice and generous lenders, or because there were profits to be made?
2. If the answer to the above is that indeed there were profits to be made, exactly what set of policies curbed the lenders' greed from making "some" profit versus "huge" profits?
The analogy is a simple one.......Greece is like the proverbial drug addict and the European banks, like the proverbial drug pushers......Should only ONE in these symbiotic relationships be held responsible???
Oh good grief. Yes, the banks are in it to make money. They make money when the loan is paid back, not when it is failed to be paid back.
Do you think banks would exist for long if they are lending other people's money and never get it back?
Simplistic response....Of course, banks are in it for the money...The freaking question that NO right winger (now defending banks) dares to address is this: HOW MUCH OF AN INTEREST RATE has been levied on these Greek loans?
I already know after 35 years debating with dumb Republicans that you guys can't even fathom where the fault or blame really lies. You didn't in the eighties nineties or two thousands so why should I expect you to now?Yeah man! They took mommy and daddy's money, spent it all and ain't paying it back. Stick it to the man, revolution!All I can say is way to go Greeks. The Rich and powerful said do what we say or else and the Greeks said f*** you. in America when the banker said give us all your money or else we bent over and took it because we are sheep
Did you know that when George Bush got into office he changed the bankruptcy laws to make it harder for people to go bankrupt but easier for rich people and corporations to do the same? Well consider this grease is just going bankrupt. Just like corporations go bankrupt and renege on pensions.Yes of course, because banks love it when they lend out billions that don't get paid back.
Thanks for proving my point, that lefties will now say Greece was a victim of "predatory" bank practices and it's really the fault of the lenders.
Qsts based on the above:
1.Were the "lenders" lending Greece billions because they're nice and generous lenders, or because there were profits to be made?
2. If the answer to the above is that indeed there were profits to be made, exactly what set of policies curbed the lenders' greed from making "some" profit versus "huge" profits?
The analogy is a simple one.......Greece is like the proverbial drug addict and the European banks, like the proverbial drug pushers......Should only ONE in these symbiotic relationships be held responsible???
Oh good grief. Yes, the banks are in it to make money. They make money when the loan is paid back, not when it is failed to be paid back.
Do you think banks would exist for long if they are lending other people's money and never get it back?
Simplistic response....Of course, banks are in it for the money...The freaking question that NO right winger (now defending banks) dares to address is this: HOW MUCH OF AN INTEREST RATE has been levied on these Greek loans?
It was whatever the Greeks agreed to. I suppose you think anyone should be able to just dictate what interest they want to a bank, even after agreeing to one.
Yea, that wouldn't cause economic turmoil.
We understand that you can't spend your way into prosperity. You believe in magic. Like a little kid.I already know after 35 years debating with dumb Republicans that you guys can't even fathom where the fault or blame really lies. You didn't in the eighties nineties or two thousands so why should I expect you to now?Yeah man! They took mommy and daddy's money, spent it all and ain't paying it back. Stick it to the man, revolution!All I can say is way to go Greeks. The Rich and powerful said do what we say or else and the Greeks said f*** you. in America when the banker said give us all your money or else we bent over and took it because we are sheep
It was whatever the Greeks agreed to. I suppose you think anyone should be able to just dictate what interest they want to a bank, even after agreeing to one.
Yea, that wouldn't cause economic turmoil.
Democrats figure that is the solution to the National Debt. Just don't pay it.The Greeks are saying, "Hey, we ain't paying."
The consequence is bad credit. It's just like a person walking away from their phone bill. The phone company sells the debt to a collector who calls the person up and threatens them with vocal aggression, but has no real legal power.
Once the nations of the world wake up to the fact that they can walk away from their debts, and there isn't really any global authority that can put them in debtor's prison, so to speak, then it's going to get hilarious.
Problem is.....the government owes most of it to us....not China.
Did you know that when George Bush got into office he changed the bankruptcy laws to make it harder for people to go bankrupt but easier for rich people and corporations to do the same? Well consider this grease is just going bankrupt. Just like corporations go bankrupt and renege on pensions.
I don't see a scenario where a democracy like ours falls on their own sword and agrees to start making real dents in an $18+ trillion debt that was mostly incurred by the retiring baby boomers.
I don't see a scenario where a democracy like ours falls on their own sword and agrees to start making real dents in an $18+ trillion debt that was mostly incurred by the retiring baby boomers.
......shall we just forget those trillions we wasted on the wars??? or the waste created by the Medicare Advantage give-away?
shall we just forget those trillions we wasted on the wars???
Am I wrong in pointing out that the defense budget continued to grow after Bush W.? We're spending more now than we did during the Iraq War.
Am I wrong in pointing out that the defense budget continued to grow after Bush W.? We're spending more now than we did during the Iraq War
It was whatever the Greeks agreed to. I suppose you think anyone should be able to just dictate what interest they want to a bank, even after agreeing to one.
Yea, that wouldn't cause economic turmoil.
I repeat...the analogy for this situation would be like the relationship between drug addict and drug pusher......Now, would you hold only ONE responsible or do BOTH bear responsibility?
Can somebody translate this?Er...that would be the obstructionist Teapers, not the democrats.
