Greeks Choose Radical Left Direction

Roguewave

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Dec 9, 2013
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Euro sinks as Greece s Syriza leader agrees deal with Independent Greeks to reject EU s bailout demands Daily Mail Online

Greeks emphatically reject austerity elect Syriza in historic vote - The Washington Post

BBC News - Greece election Anti-austerity Syriza wins election


The Greek electorate passed effective control to a new Prime Minister who named his son for his idol, Che Guevera, and who has sworn to "renegotiate" EU central bank requirements in order to pay back massive loans that have so far kept the decrepit Greek economy afloat. Desperation does funny things to people. They are driven to grasping at straws while they still have a choice. The next stage is when the choice is removed and despotic tyranny takes over. That, of course, is a definite possibility when you chose leaders who revere Che Guevera with his nasty penchant of shooting his opponents in the head while their hands are tied behind their backs. I wonder if it could happen in the birthplace of democracy?

Threats of a repeat socialist rapacious fiscal irresponsibility, which initiated the Greek problem in the first place, are now sending waves of doubt through the European Union even as supporters rejoice in Greece. The EU through the troica of the European Union, International Monetary Fund (IMF) and European Central Bank (ECB) has already dumped a quarter trillion Euros into Greece and now faces repayment of its loans as a thinning hope. The Euro is plumeting in value in response and Lefties everywhere in Europe are making plans to follow even as our own ruling Lefty in the US announces freebies galore thumbing his nose at fiscal responsibility. A fever is brewing.
 
So, if I have this right... the Greeks spent themselves into the ground, years ago, then spent the past 4 or 5 or 6 years trying to dig their way out of their economic hole, and have now tired of trying to dig their way out, and have decided to try the Nanny State approach again, even though they haven't finished paying for the last round, and cannot possibly afford to sustain that form of governing philosophy going forward? If true, then, that doesn't make sense. Then again, we should not expect common sense and rational thought from supporters of the Nanny State philosophy in the first place. My bad.
 
So, if I have this right... the Greeks spent themselves into the ground, years ago, then spent the past 4 or 5 or 6 years trying to dig their way out of their economic hole, and have now tired of trying to dig their way out, and have decided to try the Nanny State approach again, even though they haven't finished paying for the last round, and cannot possibly afford to sustain that form of governing philosophy going forward? If true, then, that doesn't make sense. Then again, we should not expect common sense and rational thought from supporters of the Nanny State philosophy in the first place. My bad.
Bingo!

(What could possibly go wrong?)
 
So, if I have this right... the Greeks spent themselves into the ground, years ago, then spent the past 4 or 5 or 6 years trying to dig their way out of their economic hole, and have now tired of trying to dig their way out, and have decided to try the Nanny State approach again, even though they haven't finished paying for the last round, and cannot possibly afford to sustain that form of governing philosophy going forward? If true, then, that doesn't make sense. Then again, we should not expect common sense and rational thought from supporters of the Nanny State philosophy in the first place. My bad.

We've seen the scenario play itself out time and time again. Once socialists run out of OPC (Other People's Cash) to give away, they crash and burn. In this case those expected to provide the cash require some effort by the Greeks to fix their own mess ... a requirement they now seem to reject. The danger for the EU is a Greek default followed by the same by other struggling member states. The new oil paradigm is all that is keeping the EU from collapse.
 
It reminds one of the obama formula for expanding the middle class. Free this, free that...paid for in borrowed dollars.
 
These "loans" were about equal to the yearly total GDP of the nation of Greece, and about equal to the GDP of the Dallas/Ft. Worth Metroplex. In other words, these ingrates were staked with the value of their entire economy for a year and now demand to welch on the conditions for repayment. It would be the equivalent of some other countries "loaning" the U.S. $16 Trillion and we telling them at the end of the day, thanks for the gift.
 
Yes....let's see how raising taxes on everything that walks, crawls runs or....breathes.....and then spending the money like drunk sailors gets the economy going.......

All I have to say.....:laugh::laugh::laugh::laugh::laugh::laugh::laugh:
 
Yes....let's see how raising taxes on everything that walks, crawls runs or....breathes.....and then spending the money like drunk sailors gets the economy going.......

All I have to say.....:laugh::laugh::laugh::laugh::laugh::laugh::laugh:

There is no plan to raise taxes but rather just to perform as socialists do ... spend OPC (Other People's Cash) and when it runs out, throw up their hands and say "sorry, we can't pay you back." Thing is, Greece owes the cash to the lenders of last resort. When they default they won't be able to borrow another dime nor buy anything on credit ... an impossible way to run an economy. This is bad for Greeks and may get much, much worse.
 
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I argued with liberals back in my Usenet days and they loved the Greece system and wanted the US to be the same. We are headed in the same direction but liberals can't accept reality if it differs from their beliefs.
 

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