Forum Post: Anyone following Greece?
Posted 13 years ago on Nov. 1, 2011, 10:19 p.m. EST by stephenadler
(118)
This content is user submitted and not an official statement
http://www.reuters.com/article/2011/11/01/greece-referendum-idUSL5E7M108720111101
I have to give Papandreou a pat on the back for showing the balls it takes to call a referendum on the Greek bailout which will cause misery across the country. The occupy movement should also be supporting the citizens of Greece as they go through the hell that is a capitalistic meltdown, an economy run amok.
I believe the referendum vote being given to the people is the best thing greece can do for its own people.
What I like is that he is going to have the citizens of Greece vote how THEY want this to go. It's their country.
Yup... he's doing the right thing. The banks have pulled Greece's pants down and have been spanking that poor country for too long. It's time for the people of Greece to stand up and decide their own future, not have France and Germany do that for them.
I think OUR country should do the same and have said so for a very long time. Then we honestly only have ourselves to blame
Hence, OWS direct democracy, and we can all vote on the tough choices..but is that fair to minority views?
Nope! The hardest thing to do is to get laws in place that protect minorities against the tyranny of the majority.
The Constitution is virtually unique in the array of hard won minority protections. Of course those patriots who scream the loudest about our liberties are the one who would take them away the fastest.
Why not?
Suppose a large majority vote to ban Mormons. Would that be OK?
I guess if the majority ruled it would have to be accepted. At least it wouldn't be yet another regulation/law by the Government. It would be voted on by THE PEOPLE.
Suppose the majority voted to pillory the 1% billionaries? Would that be OK?
What if the majority voted to pillory the 1.5% homeless?
No
I would hope that wouldn't happen
Yeah, I was just there. There are lots of lessons to be learned there. About 1/3 of the lots in resort towns have unfinished and abandoned concrete structures that were going to be luxury vacation homes. No roofs, no windows. Just bare concrete. Abandoned.
Most of the wealthy don't pay any taxes. Lots of others don't either. Workers retire young on government pensions.
Goldman showed their pols how to kick the financial can down the road then bought swaps betting against them paying off the bonds. Then MF Financial came in to make a safe bet on swaps that wasn't so safe.
Yeah Wall Street showed them how to live large. I got out before the riots, but the police were running around in bunches trying to intercept individual protestors. This latest flareup may ruin Sarkozy's chances. And we will feel more ripples than most people believe. Fasten your belts make sure that.....
Papandreou did not call a referendum because he wanted to.
He was spoken to by the 'powers that be' in the armed forces.
Plans for a coup were in the making.
Then he sacked the military Generals.
Btw Goldman Sachs were involved in hiding Greek debt when Greece joined the EU.
The failed Orwellian European Union should be a reminder to all that centralization DOES NOT WORK.
No global government.
No global taxation
http://www.youtube.com/watch?feature=player_embedded&v=Y2vsYdReMCg
its actually a socialist meltdown
go look into the reason they ran up all that debt
http://www.youtube.com/watch?v=mM_L6_5X37o
Wall Street played a part in the Greek debacle by hiding their debt.
Or the weakest link in a fiat chain?
Basically Greece is going the way of Iceland, i.e. F the EU.
I hope they can pass a law to make it illegal to sell their currency short. We all need this to protect us from the banksters
Wall St is too smart for that. Selling short is just a short cut to other methods of making money on a currency going south. We have to be more creative in setting up laws which forbid financiers from gaining when peoples wealth take a nose dive.
its worse than that, the selling short caused the currency to go south
I think the whole thing needs to collapse so it can get reset. USA UK everybody
Debt Jubilee day, bitchez.
They're the ones who let their country go to hell. Why would you support that? lol
That said, I can't blame him for putting it to a vote. They'll likey vote it down just like Iceland did. I'm not sure that it's going to work out as well for them this time though.
You should do some research on this subject. The people of Greece didn't do this to themselves. GoldmanSachs is responsible, just like they have done to most third world countries around the world.
Yeah, third world like us.
It looks like that is the direction the banksters want to take us. Or have been taking us.
People like yourself that say, "You need to do some research", following it up with a completely unfounded and false statement, completely astound me. Your condition actually has a clinical name called Antisocial Personality Disorder. It isn't so much that they are disconnected from reality, which is an entirely different disorder, but that they will say anything at all without guilt to get something they want. It is a common trait among many criminals.
Either that or you are a complete dipshit.
Have you looked into selling short? And how this effects currencies, and how much the banksters have done this throughout history?
Yeah, GS is responsible for +30% of their workforce working for the government at unsustainable pay rates that have been driven by public unions electing their own over and over who continue to raise salaries and provide ridiculous bonuses. And created their 80% guaranteed benefit pension plans and the ability to retire at 40. And caused them to have absolutely terrible productivity and run deficits of 150% of GDP. And made virtually nobody pay their taxes. And made it so that private businesses can't be operated economincally so that any business people who aren't corrupt leave. lol My next door neighbor is a 60 year old Greek woman who ran a bakery there. She finally got fed up with having to pay people off and not being able to get anyone to work and dealing with all of the rest of the crap and left.
They have the same system of government that we have, corruption.
Maybe we should go back to a constitutional representative democracy, and maybe they should too.
GS just seized an opportunity, it was loan sharking on steroids. They called it "creative finance", and I remember the GOP praising them as "innovators." That was before they started calling them "job creators" New box, same cereal.