Who could have thought that bringing the technically Third World countries into EU was a bad idea?
Posted on 10/04/2017 12:49:24 AM PDT by Michael van der Galien
If you thought that the Greek crisis was over and done with, think again. "Hundreds of Greek pensioners have taken to the streets of Athens shouting 'shame on you' as they protested the deep cutbacks to pension payments ordered by the crisis-hit country’s creditors," the UK Express reports. "Dozens of pension cuts have been put in place since the Greek financial crisis of 2010. More will be implemented in 2019, as the latest reforms are passed."
German and Dutch taxpayers have been fed up with Greece for years. That's not so strange considering the fact that they have kept the Greek economy alive when it was on its knees. From the Dutch and German perspectives, the Greek people and government are responsible for their own woes. They have been spending like drunken sailors for decades. They were told time and time again that it was impossible for them to keep that up, but they refused to take heed. The result, of course, is that they're reduced to begging for European handouts.
That being said, although successive Greek governments have certainly been irresponsible, Greek voters feel they've been duped too: first by their own leaders — who told them that all would be well and who continued to buy their votes even though there was no more money in the bank — and now by the European Union. After all, the EU desperately wanted Greece to become a full-fledged member and use the euro rather than the Greek drachma. This change in currency made it impossible for Greece to compete with other, more modern and prosperous European countries because Greek products became much more expensive. Additionally, they lost the power to devalue their currency, which is a tool often used by struggling economies to boost their exports.
(Excerpt) Read more at pjmedia.com ...
Coming soon to a Democratic controlled city near you or perhaps even a state or 2 then finally on to social Security recipients.
Who could have thought that bringing the technically Third World countries into EU was a bad idea?
Here we go again. Tourist-industry-killing riots and mass protests that only make the problem worse.
EU=eeeeeeeeeyou
They should also protest Chelsea Clinton whose husband was speculating for Greek Austerity... as in help the poor people but let me make millions with my boyfriend squeezing social security pensioners who already paid for it...
They were required to have an austerity plan to get their economies on the road to recovery.
But of course, as soon as the plan was beginning to be place in effect the riots started, the politician backbones dissolved and it was back to business as usual.
Hillary Clinton Shared Classified Information on Greek Debt, Bailout
https://www.thenationalherald.com/129078/clinton-intervened-on-behalf-of-son-in-laws-hedge-fund-on-greece/
agreed - gov’t employees in California, Illin, CT, NY, Pa, Michigan, R.I., and Mass. all are very likely to never collect their full pensions. More likely, they will get 1/2 of what the corrupt politicians promised
1/2 might be too high
The tapeworms scold the host for not giving them enough.
Go tell a pensioner that he or she will have to starve now.
That is what is going on. Yes, the promises were to much, but they (the pensioners) view it the same way the Social Security people in the US view it. It is THEIR money.
They DEMAND that Germany pay for it, since WWII. Germany and France accomplished their long term goal of a United Europe, but they might not want to keep it.
Do you have anything to back up that statement? The way I remember it, Greece colluded with Goldman Sachs to cook their books and make them "acceptable" to join the Euro.
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