Greece tells banking cartel STICK IT

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The "knife that Greece had to it's throat" was of it's own making. The alleged "fascist" banking cartel would offer liberal debit conditions to a bankrupt country. What other offers does the country consider? Russia would probably give them a good deal.

All debt everywhere is 'of its own making'.

And part of the point is, if Europe can turn their back on the cradle of democracy and have them even THINK of going to Russia for help, there is something very wrong with this picture.

Greece in fact should be demanding the derivatives criminals on Wall Street who, with Bush and the Republicans, created the 2008 crash that caused this worldwide misery to pay the bill. But of course the IMF wouldn't think of asking 'some of their own' to be held accountable for their actions.

It was in fact a knife being held to the throat of the Greek people. And they said 'fuck off'. Good for them.

European democracies have lost their way, and it is the financial institutes that are responsible.

Yes, Bush's Fault.

How didn't we see that coming
 
Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.
Remember the debt ceiling hostage and they scared us into thinking if we didn't give them what they wanted the economy would collapse? Same thing they're doing in Greece right now. Remember Detroit went bankrupt? It was a test case for the rich and powerful to see if they could get away with doing it Detroit next Hartford or your any day American city could be next. Why? How? Because they have already gotten away with it and will again. Most people don't even realize the 2007 TARP bailout was a bank robbery nothing more or less
 
Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.

LOL

Greece just blew themselves up, and you think it's a victory.

And told the banks to stick it? The banks? LOL

Dude the banks are fine. Greece is who is screwed.

Open_Europe_Greek_Debt_150126.jpg


Eurozone Debt Showdown Looms As Populists Surge To Power In Greek Elections - Forbes

The IMF and the ECB, have legal guarantees, that they will not take a loss. The IMF almost never takes a loss.

18% is bonds. That's retirement funds, and pension funds (unions). That's the public.

3% is Greek banks. So the public will eat that loss, if they default.

The Bank of Greece, is the tax payers.

1%... just ONE PERCENT, is foriegn banks.

60%, is the Eurozone...... Whose that? Tax payers.

So who do you think is going to get screwed if Greece defaults? Tax payers. Not the banks. Not the wealthy. Not the rich. Not "cartels". Not the 'multi-national corporations'.

It's going to be the Greek public.... the tax payers of the EU.... the pensioners and Unions. That's who is screwed.

You haven't done diddle jack squat to the banks. You have blown off your own foot.

Whatever chance Greece had of rebuilding their economy, was just flushed down the drain.

When they get kicked out of the EU Zone, no one will buy their goods, because there will be tariffs on them now, and custom duties, and all the jobs they have left, will vanish.

The left-wing always pulls out the biggest sword, swings it as hard as it can, only to slice off their own head. Greece is the latest victim of socialist suicide.
Same with the American bank bailout. We got robbed. Everyone knows that was not a good deal but the bankers told us if we didn't we'd be doomed. you my friend are a fool
 
The Euro can't work effectively when 17+ sovereign countries are not on the same page regarding macro fiscal policies.

The Euro was a nice little idea, but it was doomed from the get-go for that reason. The ECB wants Greece to go, and it should.

.
Yes it should go but the divorce should be amicable
 
Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.
How is Greece going to force the banks to lend it more money? I hope the banks aren't foolish enough to do it.

Sent from my SM-N910V using Tapatalk
 
Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.
How is Greece going to force the banks to lend it more money? I hope the banks aren't foolish enough to do it.

Sent from my SM-N910V using Tapatalk
They appear to be hoping to shame people into loaning them money, holding their people for ransom.

It's a high-risk, lousy investment, and everyone knows it, that's why they want Greece on its own.

.
 
The opposite. He has added to the debt at a rate that makes drunken sailors blush.
Other than the stimulus, which was 1/3 tax cuts, he hasn't spent anything - the GOP House won't let him.

Strike 3, dope - you're out!
You don't understand how government works. You realize that Congress writes legislation, and the President signs bills written by Congress into law?
Correct. What legislation has the GOP House, under Boehner, written to raise revenue toward paying off the debt?

They've had since 2011.
Federal revenues are higher than they've ever been.
Dunce.
 
Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.
How is Greece going to force the banks to lend it more money? I hope the banks aren't foolish enough to do it.

Sent from my SM-N910V using Tapatalk
They appear to be hoping to shame people into loaning them money, holding their people for ransom.

It's a high-risk, lousy investment, and everyone knows it, that's why they want Greece on its own.

.
I heard the plan was they will simply confiscate money in people's bank accounts, calling it a "bail in".
Gov't will always go where the money is. Same reason people rob banks.
 
Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.
How is Greece going to force the banks to lend it more money? I hope the banks aren't foolish enough to do it.

Sent from my SM-N910V using Tapatalk
They appear to be hoping to shame people into loaning them money, holding their people for ransom.

It's a high-risk, lousy investment, and everyone knows it, that's why they want Greece on its own.

.
I heard the plan was they will simply confiscate money in people's bank accounts, calling it a "bail in".
Gov't will always go where the money is. Same reason people rob banks.
I don't know how the hell they sell THAT to their people.

Maybe some kind of "us against them" rallying cry, who knows.

.
 
Greece voted down the knife that international banks had to their throat.

The Greeks are looking at tough times no matter how they voted, so the birthplace of Democracy kicked the fascist international banks in the face and they've said in one loud voice you aren't going to turn us into slaves.
Now those very banks will be FORCED to negotiate a more equitable settlement and payment package because they have no choice

For Europe to even put the oldest democracy in such jeopardy, while insane entities like Isis watch, is beyond unforgivable. You can't squeeze blood from an orange. No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

I applaud the Greeks for standing their ground. They will climb out of this financial disaster, like America has had to climb out of the Bush/Republican financial disaster handed to it in 2008, and come out whole.

What they did today was give notice that you 'don't f#$k with democracy'.
How is Greece going to force the banks to lend it more money? I hope the banks aren't foolish enough to do it.

Sent from my SM-N910V using Tapatalk
They appear to be hoping to shame people into loaning them money, holding their people for ransom.

It's a high-risk, lousy investment, and everyone knows it, that's why they want Greece on its own.

.
I heard the plan was they will simply confiscate money in people's bank accounts, calling it a "bail in".
Gov't will always go where the money is. Same reason people rob banks.
I don't know how the hell they sell THAT to their people.

Maybe some kind of "us against them" rallying cry, who knows.

.
Its pretty simple: If they dont do this then all those pension checks and welfare benefits wont get paid. Since those without bank accounts outnumber those with bank accounts, who will get the short end here?
 

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