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  • Posted by  $  Thoritsu 3 years, 9 months ago
    Funny stuff from another socialist endeavoring to ensure this wonderful example of a socialist failure doesn't get assigned to socialism, but the oppressing successful.

    This is exactly like the arguments in the US to take money form the "lucky" and greedy successful and give it to the oppressed poor.
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  • Posted by BlackBeaver 3 years, 9 months ago
    It is always easier to blame someone else for one's mistakes. And it is easier for politicians to continue the same failed Socialist policies that caused the problem than to consider free- market solutions. Sell off some of its government-owned businesses to free up capital? No, the Socialist politicians want instead to play around the margins with a few meaningless 'reforms', squeeze 'the rich' - or whoever they can target- and govern by crisis.
    Meanwhile, the 'leaders' of the EU, afraid their 'bad idea gone worse', bureacratic, undemocratic 'union' might collapse, revealing their failure, will always raise taxes on their own people to pay for Greece's overindulgence.
    Had Ms. Merckle any convictions, she would have said "Nicht mehr!" and let Greece go its own way.
    Greece would be better off, and- eventually- seeing how useless their 'union' is, every other EU country would exit and be better off.
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  • Posted by Herb7734 3 years, 9 months ago
    Anyone know of a family that has a 35 year old son, living in their basement, playing video games, sucking in food and drink and not contributing either money or labor to his benefactors? That's Greece. Too bad the lady minister lost her spine and is further supporting that bum of a nation. Look at what has happened to the cradle of civilized thought through the use of entitlement thinking. "Socialism works until the money runs out." -- Margaret Thatcher How long will it take for Germany's money to run out?
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  • Posted by  $  MichaelAarethun 3 years, 9 months ago
    Obviously it has nothing at all to do with their fairy tale age 55 full bore retirement. I will refer all of you once again to the IMF site Interenational Monetary Fund and find the current status of the different countries specifically as to bail outs and tthen check the bail out fund of which the US, besides being the largest contributor of this taking from those who produce to give to those who don't scheme, also has pledged an additional 800 million in emergency funding. Interesting read and not to technical in the fnancial sense.
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  • Posted by term2 3 years, 9 months ago
    Greece is filled with people who are used to getting something for nothing. Germany and the other eurozone country governments enabled them to get away with that. Now, Germany and the others need to lick their wounds and give no more. BUT, they are probably NOT going to do that as there would be political upheavals when the citizens found out they have been fleeced by their governments.
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  • Posted by jdg 3 years, 9 months ago
    In a way, I suppose it is. Just as, if I make loans to unemployed people, it's my fault that I'm not going to get paid back. I should have known better.

    And indeed, in current law, if I make a loan to someone knowing he will probably default, then I have committed fraud.
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  • Posted by bsmith51 3 years, 9 months ago
    What would one expect from a rag where they want non-citizens to vote and the Jefferson Monument to be removed? The world is turned on its head and WaPo is just the rag to give voice to nonsense like this.
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  • Posted by SaltyDog 3 years, 9 months ago
    I feel sorry for the average Joe and Jill (or whatever the Greek equivalent is) who have to suffer in the end. Let's face it...just as it is here, the socialists are a very small minority, yet they're the ones who stir up the mischief. The average "man on the street" is just trying to get by. Granted, they look forward to retirement at 55, but they're not the ones who rigged the system. They are however the ones who must pay. And before we listen to our sanctimonious leaders, we, my dear friends and correspondents, are looking at ourselves in the not-too-distant future if we don't start to get our own house in order...and quickly at that!
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    • Posted by  $  3 years, 9 months ago
      No doubt, Salty. That is the tragedy behind the outrage.
      The average Joe/Jane is crushed under economic collapse.

      It's all "talking points" until the bank won't give you back your savings, the cash under your mattress turns to newsprint and bread can't be bought at any price.

      And you're damn right - we might not be next but we're in line!
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