Posted on 07/16/2015 1:15:12 PM PDT by Sean_Anthony
Greece wildly overcommits in spending on its welfare state, spending the country to the brink of collapse and then failing to live up to the terms of not one but two IMF bailouts, both of which were heavily financed by Germany
I don’t even know what to do with this. If you ever help anyone with a problem, don’t expect to get credit for it from the Washington Post. Because it might be necessary for you to make the recipient of the help shed some bad habits, and if you do that . . . hey, remember how cruel Hitler was?
Anthony Faiola and Stephanie Kirchner of the Washington Post actually put their names to this piece. I do not know why:
You know, when a parent forces a kid to clean up his room or do his homework, or won’t buy him whatever he demands, I’m sure the kid thinks his parents are oppressive Nazis for not simply giving in and letting him do what he wants and simply being there to pay for it.
It’s sad that this kind of stupidity, and ignorance of history is what passes for Journalism in this country.
...But I’ll bet this author knows what the Kardashians do on a daily basis, and Bruce Jenner’s speech from the ESPY’s word for word.
Yes, because expecting deadbeat debtors to pay back the money they spent is Nazi-ish.
Don’t mention the war.
It’s a bigger issue than that. I have some sympathy for Greece, because it has essentially lost its sovereignty altogether. Decisions about taxes, government spending, banking laws etc. are now made by faceless bureaucrats in Brussels not the parliament in Athens. It is stupid to liken it to Naziism though. It’s actually Bonaparte’s Continental System writ large.
There’s no way Greece can ever pay back these debts. Sure the Greeks are deadbeats, but EU was stupid enough to lend them billions, even though they knew the Greeks were deadbeats. When a bank makes a bad loan, it has to write it off. The only way out of this is for the ECB, ELA and EMU to take a haircut and for Greece to go back to the drachma. Painful, but that’s the best way forward.
as a lifeguard the first thing the teach is not to save a drownung man if he will not follow your instructions...then there will be two dead instead of one.
this is the case in greece...won’t follow orders...let them drown
Never lend money to friends.
My initial thought is to let Greece fix their own problems.
But let’s face it. The people in charge of that country would run screaming to the Russians if the EU didn’t bail them out.
The thought of Russia having a significant foothold (economic or otherwise) in the Mediterranean is too much to think about.
Yes the deal is sooo cruel, almost nazi-like. Greeks who want to enter a closed profession will no longer have to already be in that profession, no longer have a monopoly on whatever it is, no longer have to sell what the gov tells them to sell and for the price the gov sets, nor have the business located were the gov tells them. O this is really bad.
Remind me now... were they forced into the EU?
No, but now the EU won’t let them leave. In its original conception, the EU was supposed to be a free association of sovereign nations. The EU has turned into an anti-democratic, centralized, dirigiste bureaucracy. Its goal is to destroy the sovereignty of all European nation states and to serve as a counterweight to the U.S. It’s the prelude to one-world government.
If he means fighting against communists.. hmmmm
Que?
:)
“but EU was stupid enough to lend them billions, even though they knew the Greeks were deadbeats”
Everyone in the EU knows the Greeks will NEVER be able to afford to pay back this money. The loans (bailouts) were intended to make sure Greece could pay the interest back to Germany’s bankers so they don’t have to declare bankruptcy.
It was a bailout of Germany’s banks.
Germany seems to forget that their own national debt was forgiven in 1953.
A little soon for the WaPo to be tossing the Nazi term around.
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