Posted on 06/22/2015 9:24:51 AM PDT by yoe
The eurozone is working toward a deal later this week on desperately needed bailout aid for Greece, European policy makers said Monday, after a last-ditch proposal from the Greek government made a potentially major concession on pensions.
[snip]So, let me tell you what will happen:
1. The creditors and the eurozone governments will see a positive step by the Greek government, and then go ahead and make further financial arrangements to help Greece; and
2. The Greek government will then renege on its promises, possibly insisting on new negotiations to delay things further, because the government are socialists, socialists do not believe in normal economics and finance, and socialists are just plain liars.
Margaret Thatcher’s famous dictum that socialists inevitably run out of other people’s money has long since been the case in Greece; the problem is that the socialists do not accept the fact that it really is other people’s money. Money, they believe, belongs to the people anyway, so why should they have to bargain for it or pay it back.
The Europeans will keep trying and keep trying and keep trying, but, in the end, Greece will default.
(Excerpt) Read more at journal14.com ...
There was a warning going back to Roman times, and perhaps long before, beware of Greeks bearing gifts. The Greek tradition goes back to a very rudimentary sense of obligation even in the days when they were a major player in world politics and domination.
Even if the Greeks promise, this time, they really, really will try to comply with the demands put upon them, they just can’t help themselves, free money is free money, and keep on excavating. No hole too deep, no chasm too wide.
“THE PROMISE OF SOCIALISM IS PROSPERITY FOR ALL; THE PERFORMANCE OF SOCIALISM IS POVERTY FOR MOST.”
***************************
Precisely!
Greeks have already shown that they will riot to maintain their government benefits, including a very early retirement pension.
They are socialists. They want free money from hard-working people in Germany, France and Italy.
All the way back to the Trojan War...................
This is actually pretty interesting to watch.
It’s what happens every time socialism/communism is tried.
Some people figure out that they can just sit back and let others pay their way.
The Europeans love socialism, so this is hard for them to watch.
“You mean there are lazy people in this world?”
Yep. Lots of them.
Opa!Opa!Opa!
France and Germany for sure. don’t know about Italy......
The EU prints fake money and gives it away on bogus promises it will be repaid. So, why can’t Greece print some fake money to pay back the loans?
Can you blame them?
Retirees were promised a pension that most depend on to survive. Whatever savings they have in the bank they can’t withdraw. Their sons & daughters, plus spouses & kids, are out of work & living with them.
I’ll be rioting, too, when this happens here.
The truth is that they are all a bunch of idiots.
The truth is, we live in a world that has walls, and those walls have to be guarded by men with guns. Who’s gonna do it? You?
Oh, sorry, wrong discussion.
I wish Greece would default because they deserve the consequences. But I doubt it will happen because the EU is afraid of the consequences to their unholy alliance.
Are you retiring at 50?
They’re expecting the Germans, who retire at 62, to subsidize their retirement at 50, and they’ll riot if any of that changes.
No, they do not - all property is rightfully to be kept in common, which explains the socialist fondness for large governmental organizations where there's so much money that they never run out. That is certainly the case in Greece, where joining the EU meant a larger array of pockets to pick. German pockets turn out to be pretty deep. And it doesn't end when the owner of the pockets gets tired of the game as they are now, it only ends when the pockets are empty.
Hence my tag line these last 6 years.
Lets kill ‘em.
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