[circlecity]

"...cast their ballots in response to draconian austerity measures"

I don't know about that. At the time this was a big story the spending cuts announced did't seem very "draconian" to me or even "austere". No doubt the Greeks will have to again resort to stealing the bank accounts of its citizens. Anyone keeping their assets in a Greek bank are fools.

[Jabba the Nutt]

"Little was done to reform the economy, ensuring that the Greeks would suffer deep pain without the benefits that a freer, more flexible and dynamic system of wealth creation might have brought them."

You must FIRST give people a way to make a living. The only way to do that is cut taxes, cut regulations and radically free the economy. They you can start cutting government.

[Dr. Thorne]

The lazy Greek flunkies will follow anyone who promises them early retirement with pension, free cradle-to-grave healthcare and Ouzo.

[blueunicorn6]

So the EU couldn’t imagine that people might try to skate on their debts? Welcome to the real world.