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Germans Say Euro Zone May Have to Expel Greece: Poll
Reuters / New York Times ^
| February 14, 2010
Posted on 02/14/2010 5:52:05 AM PST by reaganaut1
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I don't think Americans support bailing out California more than Germans want to bail out Greeks.
To: reaganaut1
Does throwing a member out mean that the Euro is breaking up?
2
posted on
02/14/2010 5:57:46 AM PST
by
Steely Tom
(Obama goes on long after the thrill of Obama is gone)
To: reaganaut1
I do think we'll see some sort of assistance package for California, though, for one reason: California's
GIGANTIC agricultural industry, especially since the Central Valley, Imperial Valley and Salinas Valley are some of the finest farmlands on Earth, period.
It would take a lot more to revive Greece, since that country's primary industry--tourism--fails miserably during a time of economic recession.
3
posted on
02/14/2010 5:58:26 AM PST
by
RayChuang88
(FairTax: America's economic cure)
To: reaganaut1
4
posted on
02/14/2010 5:58:28 AM PST
by
mewzilla
(I'm not a socialist. Heck, yes, I hope Barry fails. Sheesh.)
To: RayChuang88
I believe the Central valley took a big hit 2 years ago with the decision to limit irrigation. Thread drift here.
5
posted on
02/14/2010 6:03:05 AM PST
by
saganite
(What happens to taglines? Is there a termination date?)
To: mewzilla
socialist remedies for socialist caused problems
6
posted on
02/14/2010 6:09:15 AM PST
by
JohnLongIsland
( schmuckie schucks)
To: RayChuang88
A better and vastly cheaper solution for Calli is to let them collapse entirely, then work to rebuild after three years.
This method shuts down the out of control government sector there, and allows real estate values to reset so the working poor can afford housing.
7
posted on
02/14/2010 6:10:44 AM PST
by
MrEdd
(Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
To: reaganaut1
A thought exercise:
Greece has it’s own Euro printing office. What if they simply keep printing Euro’s?
To: RayChuang88
“
I do think we'll see some sort of assistance package for California, though, for one reason: California's GIGANTIC agricultural industry” That would be a gigantic mistake. Everything must be done to stop any bailouts for profligate spenders like California.
What California can do is to elect a tough fiscal conservative like Governor Christie of New Jersey, who nis cutting a massive $2.2 Billion from New Jersey's budget even as we speak.
To: SmokingJoe
I actually agree that it's time for California to elect a tough fiscal conservative. They can start by looking at how to cut out the excess from the Department of Education and merging the Board of Equalization, Franchise Tax Board and Employment Development Department into a singular
Department of State Revenue, which would cut the state budget by as much as 25% eventually.
10
posted on
02/14/2010 6:36:12 AM PST
by
RayChuang88
(FairTax: America's economic cure)
To: reaganaut1
I don't think Americans support bailing out California more than Germans want to bail out Greeks. On the other hand, if France were screwing Germany, would Greece help?
11
posted on
02/14/2010 6:38:07 AM PST
by
Mr Ramsbotham
("Did I give you carbolic acid? I'd love to.")
To: taxcontrol
Greece has it’s own Euro printing office. What if they simply keep printing Euro’s? They'd be Greek Euros. Some exchange rate with other European Euros world be established. Like that between the Zimbabwe and US Dollar
12
posted on
02/14/2010 6:40:15 AM PST
by
Oztrich Boy
(Rule #9 Always carry a knife.)
To: taxcontrol
Greece has its own Euro printing office. What if they simply keep printing Euros?That would not be legal, and the rest of the Eurozone countries would not put up with it.
To: reaganaut1
And after expelling Greece, they'll need to expel Spain, Portugal and Italy. Then expel France, heck, let's make it simple, expel everyone except Germany and re-name the Euro the Deutsche Mark (DM). Yeah, that's the ticket. Long live the D-Mark.
Actually, I'm surprised the Euro has lasted this long and with apparent success it had gaining in value compared to the dollar and other currencies. The structural problem for the Euro is that every country can issue Euros. So, you have 27 Chiefs and no Indians. The Chiefs promise that they will budget responsibly. Yeah, expect governments to control their appetite for free money and spending. Sounds like a plan.
14
posted on
02/14/2010 6:43:36 AM PST
by
Jabba the Nutt
(Are they insane, stupid or just evil?)
To: RayChuang88
We don’t need to bail out government workers in order to save California’s agricultural industry.
15
posted on
02/14/2010 6:56:59 AM PST
by
reg45
To: JohnLongIsland
Making those cash transactions illegal strikes me as being more fascist than socialist.
16
posted on
02/14/2010 6:59:05 AM PST
by
mewzilla
(I'm not a socialist. Heck, yes, I hope Barry fails. Sheesh.)
To: RayChuang88
So you are saying that California can hold its productive capacity hostage to profligate state spending. Cleave Little and the N-word come to mind.
To: mewzilla
strikes me as being more fascist than socialist.
To: RayChuang88
Good ideas, but I believe that 85% of the California budget is lock in as entitlements and can’t be changed without a formal declaration of bankruptcy. Or the political will to tell the government union employees and those living on assistance that you will have your payments renegotiated down (political suicide).
19
posted on
02/14/2010 7:11:02 AM PST
by
2001convSVT
("Only Property Owners that pay taxes should have the right to Vote")
To: Oztrich Boy
They'd be Greek Euros. Some exchange rate with other European Euros world be established. Like that between the Zimbabwe and US Dollar That would work... but it would really be a pain - especially considering that the Greek Euros are already in distribution throughout Europe. Also, the only distinguishing mark is the letter preceding the Serial number (Y in the case of Greece)
20
posted on
02/14/2010 7:22:43 AM PST
by
GCC Catholic
(0bama, what are you hiding? Just show us the birth certificate...)
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