Greeks Go Full Retard.

[williepete]

One "progressive" responds to a thread about a Socialist country going down the shithole, and all you can do is attack the white people, Christians, and Southerners? Was it white people, Christians, and Southerners who caused the demise of Greece, or was it Socialist-leaning shitheads like yourself?

You simply don't get basic economics 101. And yes it was American white people, Christians and Southerners who forced the Greek government at the point of a bayonet to set up a welfare state it couldn't pay for without borrowed money. What's wrong with you?! Don't you listen to Bill Maher and John Stewart--the only reliable sources of news?

If you ban the confederate flag, raise the minimum wage to 50 bucks an hour, pay slavery reparations, forgive all college loans for gender studies majors, open our borders and allow all illegal aliens to vote, the Greek economic crisis will evaporate instantly.

But you just don't get it do you. Another knuckle dragging Neanderthal who still clings to the notion you should pay for things you buy. You're just not enlightened enough to be progressive.

 

[williepete]

Thank goodness economics is too complex for the Unicorn Ranch. The Democrats will have a 50% lock on the useful idiot electorate until one party rule.

 

[usmcstinger]

Greece is a Super Nanny State. They blame every one but themselves. I hope all the European Socialist States have learned a valuable lesson. If not, they will be condemned to become another Greece. We have been taken this way by the Democrats. Wake up America or suffer the consequences!

 

[theHawk]

Progressives are doing everything they can to distance themselves from Greece. Economic turmoil and dissolution of civil society are the end result, and they want to go on pretending it isn't.

They will now start to blame Germany, because they are the richest and wealthiest nation in the Eurozone. They will never take responsibility for their own failed policies, they will simply blame the rich. Sound familiar?

 

[JGalt]

Progressives are doing everything they can to distance themselves from Greece. Economic turmoil and dissolution of civil society are the end result, and they want to go on pretending it isn't.

They will now start to blame Germany, because they are the richest and wealthiest nation in the Eurozone. They will never take responsibility for their own failed policies, they will simply blame the rich. Sound familiar?

They're a childish persistent bunch. You'd think they would have grown up after the 60's fell down in a flaming heap, after they elected two failed presidents Carter and Obama, and after every hoax was disproven (over population, Ozone depletion, global cooling, global warming, Socialism, etc.)

But no, they still refuse to grow up and face reality.

 

[Sbiker]

I heared, for the salvation of debt problem, Greeks would restore their copyright on Democracy concept. All democratic countries should pay

 

[montelatici]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

 

[Slyhunter]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

 

[HenryBHough]

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

In China they're not watching Greece.

They're watching America's Kenyan Emperor to see if he learns a new trick from Greece. A "trick" in the original sense of the word.

 

[montelatici]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

I'm saying that all the taxpayers of the countries bailing out Greece are doing is paying the interest to the institutions and private investors that hold Greek bonds. Do you not get it? Greece will never be able to pay back the money lent to them. Bailouts are only paying the investors, not Greece.

 

[Slyhunter]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

I'm saying that all the taxpayers of the countries bailing out Greece are doing is paying the interest to the institutions and private investors that hold Greek bonds. Do you not get it? Greece will never be able to pay back the money lent to them. Bailouts are only paying the investors, not Greece.

So they have no choice then but to go bankrupt.
Not our problem.

 

[SAYIT]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

I'm saying that all the taxpayers of the countries bailing out Greece are doing is paying the interest to the institutions and private investors that hold Greek bonds. Do you not get it? Greece will never be able to pay back the money lent to them. Bailouts are only paying the investors, not Greece.

Greek Bonds? Hmmm. So what happened to the money Greece raised by selling those bonds?
The point being, of course, the original debt created by the bonds did indeed go to "the people."

 

[montelatici]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

I'm saying that all the taxpayers of the countries bailing out Greece are doing is paying the interest to the institutions and private investors that hold Greek bonds. Do you not get it? Greece will never be able to pay back the money lent to them. Bailouts are only paying the investors, not Greece.

Greek Bonds? Hmmm. So what happened to the money Greece raised by selling those bonds?
The point being, of course, the original debt created by the bonds did indeed go to "the people."

Greek bonds have been paying principle and interest on older bonds for the past 2 decades.

 

[SAYIT]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

I'm saying that all the taxpayers of the countries bailing out Greece are doing is paying the interest to the institutions and private investors that hold Greek bonds. Do you not get it? Greece will never be able to pay back the money lent to them. Bailouts are only paying the investors, not Greece.

Greek Bonds? Hmmm. So what happened to the money Greece raised by selling those bonds?
The point being, of course, the original debt created by the bonds did indeed go to "the people."

Greek bonds have been paying principle and interest on older bonds for the past 2 decades.

Relieving the people from their responsibility to repay, thus the money from the earlier bonds stayed in their hands. Kicking that can has been more popular than soccer in Greece for decades.

 

[montelatici]

10% of the bailout money actually went to the Greek treasury. 90% was paid to the Greek bond holders. Tax payers are paying the holders of Greek bonds, not Greece. LOL

I don't understand your point. Are you saying they shouldn't pay back the ones they borrowed money from?

I'm saying that all the taxpayers of the countries bailing out Greece are doing is paying the interest to the institutions and private investors that hold Greek bonds. Do you not get it? Greece will never be able to pay back the money lent to them. Bailouts are only paying the investors, not Greece.

Greek Bonds? Hmmm. So what happened to the money Greece raised by selling those bonds?
The point being, of course, the original debt created by the bonds did indeed go to "the people."

Greek bonds have been paying principle and interest on older bonds for the past 2 decades.

Relieving the people from their responsibility to repay, thus the money from the earlier bonds stayed in their hands. Kicking that can has been more popular than soccer in Greece for decades.

The Germans are the pathological defaulters of Europe. Since 1800 only Spain and Austria have defaulted as much in Europe. It has worked out for them. The earliest euro denominated bonds paid interest and principal on drachma denominated bonds that were paying extraordinary interest rates for the mostly foreign bond holders. The only people that have made out are the previous investors, like all pyramid schemes.

 

[Toro]

Since 1800, Greece has been in default for 108 years.

 

[montelatici]

Since 1800, Greece has been in default for 108 years.

No the facts are a little different, Germany has defaulted more than Greece. In western Europe of major countries only the UK, Italy and Switzerland haven't defaulted.

 

[Toro]

Fact: Greece has been in default for 108 years since 1800.

 

[Toro]

Fact: Greece is a poor country that shouldn't be in the eurozone because they aren't productive enough so they borrowed to maintain a lifestyle they couldn't afford.

 

[montelatici]

Fact: Greece has been in default for 108 years since 1800.

It is not fact, you are making things up. You are a liar. plain and simple. The facts show otherwise.