Greece Was A "Progressive" Utopia

[ChrisL]

Well, I prefer to remain optimistic. I think both major parties need to be kicked to the curb, TBH. We need some good 3rd party candidates who haven't sold out to their party politics.

Hope your right but my opinion is that America embraces the Grand Illusion........................
I believe the way the world is going........................we will see this impact next year............
The writing is on the wall................if we choose to look.................

But did you here what Oprah said today...............the Rebel flag...............Idol........etc.................

Our country is delusional..................and there will be HELL TO PAY for it...........

Well thankfully, Oprah is not running for public office. Yes, there are a lot of naive people, but there are intelligent people too. I think the problems our country faces are mostly due to party politics, putting party before country, trying to please a base even though it may not be a good idea just for votes.

Another good thing to do would be to put limits on the amount of money a candidate is allowed to spend on his/her campaign. This would level off the playing field and give other lesser known candidates an equal chance to get his or her name out there.

That all is nice Chris.............there are solutions............but nobody is listening............the average american just doesn't get it.............and they........like Greece are waiting to get their share of the Gov't dole.............so they can't be swayed anyway..............

And as our debt grows..................we are running out, IF NOT OUT OF....................TIME...............

Hope your right and I'm wrong...................I hope to hell I'm WRONG...........because I've never wanted to so wrong about a subject in my entire life.

There is plenty of wasteful spending and redundant government agencies that could be eliminated. The government needs to streamline it's agencies. They need to stop funding silly "studies" too.

Read this. Seriously, read it.

Wasteful Spending List Congressman Bill Posey Representing the 8th District of Florida

I've been posting similar stuff for a long time..........Tom Coburn's Wastebook..........

Sen. Tom Coburn s 2014 Wastebook

Thanks! I'll have to check that out later because I have to log off and get ready to start work. TTYL!

 

[Toddsterpatriot]

If only they invested more in infrastructure and gave their consumers money...

if only

What's coming will be called a "bail in" which means the banks will seize their customers' accounts to keep from collapsing....

Greece is a disaster but they probably will not do a "bail in". . The EU (essentially the Germans) got lucky in Cypress- they held the Cypriots feet to the fire and the Cypriot bankers did a "bail-in" (essentially punishing savers and investors by stealing their money) so they could pay back their EU creditors and remain in the EU. Remaining in the EU was very important to party in power in Cypress.

Greece, by contrast, is telling the Germans -NEIN!! They will not do a "bail-in" and they will not pay back the money in Euro's. Their logic is simple (and wrong!) - You knew we were a bad credit risk and still lent us the money, so tough shit for you. The other issue with Greece is the Syriza party are Euro Skeptics. They don't care if they remain in the EU.

The Greek train wreck is the first of many to come. Next up are : Spain, Portugal, Italy, Ireland....... The EU will fail, it's no longer a question of "if", but "when".

Greece, by contrast, is telling the Germans -NEIN!! They will not do a "bail-in"

Ummm....the Greek banks have no more Euros. If the idiot politicians do not cut pensions, cut government employment, privatize chunks of the inefficient public sector and sign a new deal, their "bail-in" will be enormous.
Repeat after me, "They have no Euros to pay their depositors".

 

[Zander]

Democrats want to follow the same economic policies as Greece, but they expect different results

If only they invested more in infrastructure and gave their consumers money...

if only

What's coming will be called a "bail in" which means the banks will seize their customers' accounts to keep from collapsing....

Greece is a disaster but they probably will not do a "bail in". . The EU (essentially the Germans) got lucky in Cypress- they held the Cypriots feet to the fire and the Cypriot bankers did a "bail-in" (essentially punishing savers and investors by stealing their money) so they could pay back their EU creditors and remain in the EU. Remaining in the EU was very important to party in power in Cypress.

Greece, by contrast, is telling the Germans -NEIN!! They will not do a "bail-in" and they will not pay back the money in Euro's. Their logic is simple (and wrong!) - You knew we were a bad credit risk and still lent us the money, so tough shit for you. The other issue with Greece is the Syriza party are Euro Skeptics. They don't care if they remain in the EU.

The Greek train wreck is the first of many to come. Next up are : Spain, Portugal, Italy, Ireland....... The EU will fail, it's no longer a question of "if", but "when".

Greece, by contrast, is telling the Germans -NEIN!! They will not do a "bail-in"

Ummm....the Greek banks have no more Euros. If the idiot politicians do not cut pensions, cut government employment, privatize chunks of the inefficient public sector and sign a new deal, their "bail-in" will be enormous.
Repeat after me, "They have no Euros to pay their depositors".

They don't need Euro's. They will simply drop the Euro and reintroduce the Drachma. All bank deposits will be converted to the Greek Drachma overnight. . Then "PRESTO"! they will be able to pay their "creditors", pensions, and salaries with their new currency. What could go wrong?

 

[Where_r_my_Keys]

Greece is a place where rich people could always find a way to avoid paying any taxes, hence it's a fine warning against conservative policies.

ROFLMNAO!

You can't BUY that much nut... THAT has gotta come naturally.

 

[Where_r_my_Keys]

Hope your right but my opinion is that America embraces the Grand Illusion...

It's not America... it's the Antithesis of America. OKA: The Ideological Left, AKA: Relativism, Subjectivism, Evil.

 

[Toddsterpatriot]

Democrats want to follow the same economic policies as Greece, but they expect different results

If only they invested more in infrastructure and gave their consumers money...

if only

What's coming will be called a "bail in" which means the banks will seize their customers' accounts to keep from collapsing....

Greece is a disaster but they probably will not do a "bail in". . The EU (essentially the Germans) got lucky in Cypress- they held the Cypriots feet to the fire and the Cypriot bankers did a "bail-in" (essentially punishing savers and investors by stealing their money) so they could pay back their EU creditors and remain in the EU. Remaining in the EU was very important to party in power in Cypress.

Greece, by contrast, is telling the Germans -NEIN!! They will not do a "bail-in" and they will not pay back the money in Euro's. Their logic is simple (and wrong!) - You knew we were a bad credit risk and still lent us the money, so tough shit for you. The other issue with Greece is the Syriza party are Euro Skeptics. They don't care if they remain in the EU.

The Greek train wreck is the first of many to come. Next up are : Spain, Portugal, Italy, Ireland....... The EU will fail, it's no longer a question of "if", but "when".

Greece, by contrast, is telling the Germans -NEIN!! They will not do a "bail-in"

Ummm....the Greek banks have no more Euros. If the idiot politicians do not cut pensions, cut government employment, privatize chunks of the inefficient public sector and sign a new deal, their "bail-in" will be enormous.
Repeat after me, "They have no Euros to pay their depositors".

They don't need Euro's. They will simply drop the Euro and reintroduce the Drachma. All bank deposits will be converted to the Greek Drachma overnight. . Then "PRESTO"! they will be able to pay their "creditors", pensions, and salaries with their new currency. What could go wrong?

They don't need Euro's. They will simply drop the Euro and reintroduce the Drachma.

Sounds like a 50% bail in to me.

 

[BullKurtz]

The bail-in is already underway by limiting withdrawals to 60 euros a day. Their banks are lending depositor money as fast as they can hoping to draw enough interest on those loans to stay solvent. One day later in the month the ATM machines will not dispense anything....that would start a civil war in most countries but the Greeks are too lazy to riot.

 

[ChrisL]

Well, I prefer to remain optimistic. I think both major parties need to be kicked to the curb, TBH. We need some good 3rd party candidates who haven't sold out to their party politics.

Hope your right but my opinion is that America embraces the Grand Illusion........................
I believe the way the world is going........................we will see this impact next year............
The writing is on the wall................if we choose to look.................

But did you here what Oprah said today...............the Rebel flag...............Idol........etc.................

Our country is delusional..................and there will be HELL TO PAY for it...........

Well thankfully, Oprah is not running for public office. Yes, there are a lot of naive people, but there are intelligent people too. I think the problems our country faces are mostly due to party politics, putting party before country, trying to please a base even though it may not be a good idea just for votes.

Another good thing to do would be to put limits on the amount of money a candidate is allowed to spend on his/her campaign. This would level off the playing field and give other lesser known candidates an equal chance to get his or her name out there.

That all is nice Chris.............there are solutions............but nobody is listening............the average american just doesn't get it.............and they........like Greece are waiting to get their share of the Gov't dole.............so they can't be swayed anyway..............

And as our debt grows..................we are running out, IF NOT OUT OF....................TIME...............

Hope your right and I'm wrong...................I hope to hell I'm WRONG...........because I've never wanted to so wrong about a subject in my entire life.

There is plenty of wasteful spending and redundant government agencies that could be eliminated. The government needs to streamline it's agencies. They need to stop funding silly "studies" too.

Read this. Seriously, read it.

Wasteful Spending List Congressman Bill Posey Representing the 8th District of Florida

I've been posting similar stuff for a long time..........Tom Coburn's Wastebook..........

Sen. Tom Coburn s 2014 Wastebook

Well, I'm on a break so I skimmed through your link, and there are some really disgusting things in there for sure! I'm not Jewish, but Oy Vey! We need to do something about out of control lobbyists and the government officials that feed them. Some of the things we spend a LOT of money on are just . . . unbelievable. Sometimes I wonder if I might be in the Twilight Zone or something.

I mean, I love bunnies, but spending on money on studying bunny massages? Holy smokes!

 

[Vigilante]

 

[zaangalewa]

What a shame about Greece. It's such a beautiful place. I would really love to visit there someday and see the ancient ruins and stuff. I'm surprised that the money from the tourism industry hasn't helped them to pay off their debts.

If you have a company and you are not able to pay $1500 for your credits while your outstandings are $70000 then you are maybe in the situation of Greece. And if someone says: "Could be good to buy a PC for your financial management, I'll give you the money to do so" and the answer is "Stop to speak with me, Fascist, because you are the problem. Gimme your money I know better what to do with it. I will make a party for my rich friends." then you are in the centre of the selfmade political problems.

Tourists normally don't care about such problems in most cases. It's not a big problem to travel to Greece and to have nice holidays there. Could be even interesting to be in Greece while their state dies. An interesting moment of history and someone could be a contemporary witness.