Greece tells banking cartel STICK IT

[Rexx Taylor]

i am surprised Donald Trump hasnt offered to buy Greece before it goes on ebay.

i heard that the opening bid is $1.42. anyone? do i hear $1.45?

 

[Andylusion]

i am surprised Donald Trump hasnt offered to buy Greece before it goes on ebay.

I'm not. Bad investment.

It's just like Titan Tire and the bankrupt tire plant in France. The CEO went over, and talked to the employees, and said they make a good product, but they spend most of the day walking around talking, instead of working. One of the employees stood up, and told the CEO "It's the French way!".

Shockingly Titan Tires decided to not buy the bankrupt plant, and all the employees were laid off.

Why would anyone buy an entire country of people, that demand to destroy themselves? Trump would never do anything that stupid.

 

[hipeter924]

i am surprised Donald Trump hasnt offered to buy Greece before it goes on ebay.

i heard that the opening bid is $1.42. anyone? do i hear $1.45?

Right now it is in the negative, because if you buy it now (before it has defaulted and declared bankruptcy) you get stuck with the toxic debt.

 

[IsaacNewton]

They shouldn't have accepted the bailout in 2010, and instead followed Iceland by jailing the bankers and letting the banks default on their own mistakes.

But what is done is done, and I hope that they manage to get out the abyss.

The IMF/ECB plan was a joke, and it would have not only forced taxpayers across Europe to fund a money hole, but forced Greeks to sell the country off and eventually default on their debt anyway - making a bigger money hole than if they default this year.

If it I was up to me, I wouldn't have let it get this far. It would have been better to not intervene at all than push a bailout that Greeks couldn't afford to pay, with conditions so insane that they could only plunge Greece into economic depression and a debt spiral.

The politicians in the European Union were idiots, as were the economists and bureaucrats who pushed more and more demands on Greece for the bailout, forcing the collapse of the Greek government - because the demands had reached the limit of what Greeks were prepared to accept. Syriza and the collapse of the bailout deal is the result.

Sounds like banks in the U.S. approving mortgages for people that couldn't afford the payments. Sound familiar?

This is world class corrupt banking thievery. The vultures see easy prey and try to suck the life out of it. Who could blame Greece for going to Russia now?

 

[Rexx Taylor]

Greece: USA when we owe 22 Trillion under President Hillary who will say,,,22 Trillion? what difference does it make?

 

[Two Thumbs]

we owe 18 Trillion dollars!!

Thanks Dubya!

derp adds derp to the derp

If derp=fact, then yes.

uh, no it doesn't, but it's still derp

 

[IsaacNewton]

Conservatives cry 'socialism' about every single thing under the sun. It used to be 'communism', but that got stale. Next year who knows what it will be.

What we know for sure is Bush and the Republicans destroyed the world economy in 2008 and we've had to climb every so slowly out of that gigantic pit. Yet these same loser now want to tell others how to handle finances.

Mental, illness.

 

[Wake]

No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

Why should they, if Greek's leaders fucked up their own economy?

 

[Andylusion]

They shouldn't have accepted the bailout in 2010, and instead followed Iceland by jailing the bankers and letting the banks default on their own mistakes.

But what is done is done, and I hope that they manage to get out the abyss.

The IMF/ECB plan was a joke, and it would have not only forced taxpayers across Europe to fund a money hole, but forced Greeks to sell the country off and eventually default on their debt anyway - making a bigger money hole than if they default this year.

If it I was up to me, I wouldn't have let it get this far. It would have been better to not intervene at all than push a bailout that Greeks couldn't afford to pay, with conditions so insane that they could only plunge Greece into economic depression and a debt spiral.

The politicians in the European Union were idiots, as were the economists and bureaucrats who pushed more and more demands on Greece for the bailout, forcing the collapse of the Greek government - because the demands had reached the limit of what Greeks were prepared to accept. Syriza and the collapse of the bailout deal is the result.

Sounds like banks in the U.S. approving mortgages for people that couldn't afford the payments. Sound familiar?

This is world class corrupt banking thievery. The vultures see easy prey and try to suck the life out of it. Who could blame Greece for going to Russia now?

Again.... did you miss who owns the debt? It's not the banks. Most of it is the tax payers.

You keep acting like "world class corrupt banking thievery".... What is wrong with you people? You just make up your "facts" as you go?

Most of the money that Greece owes, is owed to GOVERNMENT.... which is..... TAX PAYERS. ***THE PUBLIC***

Look at the graph!.... The biggest supplier of Greek debt was the Eurozone! That's funded by tax payers!

 

[occupied]

The IMF has a long history of forcing economic policy that makes a country vulnerable to multinational corporations and banks and places much of the burden on a country's poorest and most vulnerable citizens. I am glad someone finally told them to keep their money and their strings.

 

[Two Thumbs]

They shouldn't have accepted the bailout in 2010, and instead followed Iceland by jailing the bankers and letting the banks default on their own mistakes.

But what is done is done, and I hope that they manage to get out the abyss.

The IMF/ECB plan was a joke, and it would have not only forced taxpayers across Europe to fund a money hole, but forced Greeks to sell the country off and eventually default on their debt anyway - making a bigger money hole than if they default this year.

If it I was up to me, I wouldn't have let it get this far. It would have been better to not intervene at all than push a bailout that Greeks couldn't afford to pay, with conditions so insane that they could only plunge Greece into economic depression and a debt spiral.

The politicians in the European Union were idiots, as were the economists and bureaucrats who pushed more and more demands on Greece for the bailout, forcing the collapse of the Greek government - because the demands had reached the limit of what Greeks were prepared to accept. Syriza and the collapse of the bailout deal is the result.

Sounds like banks in the U.S. approving mortgages for people that couldn't afford the payments. Sound familiar?

This is world class corrupt banking thievery. The vultures see easy prey and try to suck the life out of it. Who could blame Greece for going to Russia now?

so you're saying that greece, the country, was unable to understand the terms of the contract and therefore should not be held responsible for not asking questions to understand what was going on.


is that it? greece is a bunch of ignorant children that saw the goodies and didn't care how it got paid for?

yea, that does sound familiar

 

[Andylusion]

Conservatives cry 'socialism' about every single thing under the sun. It used to be 'communism', but that got stale. Next year who knows what it will be.

What we know for sure is Bush and the Republicans destroyed the world economy in 2008 and we've had to climb every so slowly out of that gigantic pit. Yet these same loser now want to tell others how to handle finances.

Mental, illness.

Because it is.

Look you can't look at government giving a country a loan... and then claim socialism isn't the cause. It's socialism.

The private market wouldn't give money to Greece, specifically because they knew it was a bad deal.

You people just make up whatever facts you want, to support the claims you have already determined to be true, exempt from factual evidence.

 

[hipeter924]

They shouldn't have accepted the bailout in 2010, and instead followed Iceland by jailing the bankers and letting the banks default on their own mistakes.

But what is done is done, and I hope that they manage to get out the abyss.

The IMF/ECB plan was a joke, and it would have not only forced taxpayers across Europe to fund a money hole, but forced Greeks to sell the country off and eventually default on their debt anyway - making a bigger money hole than if they default this year.

If it I was up to me, I wouldn't have let it get this far. It would have been better to not intervene at all than push a bailout that Greeks couldn't afford to pay, with conditions so insane that they could only plunge Greece into economic depression and a debt spiral.

The politicians in the European Union were idiots, as were the economists and bureaucrats who pushed more and more demands on Greece for the bailout, forcing the collapse of the Greek government - because the demands had reached the limit of what Greeks were prepared to accept. Syriza and the collapse of the bailout deal is the result.

Sounds like banks in the U.S. approving mortgages for people that couldn't afford the payments. Sound familiar?

This is world class corrupt banking thievery. The vultures see easy prey and try to suck the life out of it. Who could blame Greece for going to Russia now?

I have to try and think on the positive. At least as a result of this mess Greece has got rid of most of the leaches in the establishment, and with the constant shadow of debt and economic strife they are going to be held constantly to account by the Greek public - unlike the governments previous to 2009 who were able to promise stuff the country couldn't afford (and cheat the books) to keep in power.

 

[Kondor3]

The Greeks basically have spent themselves into the ground, yes?

 

[IsaacNewton]

No matter what, the various financial institutions HAVE to work out a deal with the Greeks.

Why should they, if Greek's leaders fucked up their own economy?

Because they either get it figured out, or eat the debt.

The most powerful position isn't when you have billions, its when you have nothing. What can anyone do to you.

As I said, Greece was going to have tough times ahead no matter what. At least now they have a say in how the ladder that they can climb out of this hole is built.

 

[Andylusion]

The IMF has a long history of forcing economic policy that makes a country vulnerable to multinational corporations and banks and places much of the burden on a country's poorest and most vulnerable citizens. I am glad someone finally told them to keep their money and their strings.

Now I would agree with that.

But you are wrong. They didn't tell them to keep their money. They still got loans from the IMF, and ECB. And they still have strings. The IMF will get every penny back from Greece. They will not take a loss.

Now again, I agree with you. The borrower is slave to the lender. That's how borrowing works.

The solution is to not spend money you don't have. Greece doesn't want to do that. They want to raise the pensions. But they need money....... but no one will lend to them, because they are not doing what is required to get borrowed money.

Greece hasn't stuck it to the IMF. The IMF is going to get their money back. Greece screwed themselves.

 

[hipeter924]

The Greeks basically have spent themselves into the ground, yes?

Yep, though not all at once.

Took two major political parties and from the 1970s to 2009.

 

[Rexx Taylor]

Europe has had over 2000 years to get it right! WTF happened !!!!

 

[IsaacNewton]

The IMF has a long history of forcing economic policy that makes a country vulnerable to multinational corporations and banks and places much of the burden on a country's poorest and most vulnerable citizens. I am glad someone finally told them to keep their money and their strings.

And that is it in a nutshell. This bullshit, internationally, has to be called for what it is and the few wealthy who like to manipulate things need to get kicked in the balls.

Leave it to the cradle of democracy to do it.

 

[Rexx Taylor]

This Just In From CNN: George Soros has just offered to buy the nation of greece for approximately 3 Billion Dollars and 42 cents. But we are also getting word that Michelle Obama has countered the offer with a bid of 3 Billion dollars and 55 cents.