It's About Liberty: A Conservative Forum
Topics => World/Foreign Affairs => Topic started by: IronDioPriest on June 28, 2011, 09:53:20 PM
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Man, is THIS piece chalk-full of goodies. On the one hand, it stands to reason that chickens will come home to roost, and austerity is the inevitable result of ongoing refusal to address insolvency. On the other hand, it's Socialists with a "Capital S" demanding the measures, and the measures are not even a remedy, but a mechanism whereby Greece can secure another EU bailout and cede more national sovereignty in the process.
Then you've got your typical union thugs and community organizers fomenting agitation, vandalism, and violence in the street. It looks like the Leftist agitators and the sheep who've long since ceded their dignity and self-determination to the nanny state would prefer to choose national suicide.
What a mess.
Greece faces ‘suicide’ vote on austerity (http://www.ft.com/cms/s/0/26ec464e-a1b1-11e0-b9f9-00144feabdc0.html#axzz1Qcx9YUl7)
Greece will be committing “suicide” if its parliament fails to back sweeping austerity measures aimed at averting a catastrophic default, according to the head of the country’s central bank.
The stark warning by George Provopoulos, governor of the Bank of Greece, further heightened the stakes ahead of a knife-edge vote on Wednesday in the Greek parliament.
It came as Athens’ police fired tear gas after protests at the severity of the measures imposed by the European Union and International Monetary Fund turned violent.
<snip>
He added: “For parliament to vote against this package would be a crime – the country would be voting for its suicide.”
<snip>
The Greek parliament’s approval of a €28bn ($40.1bn) package of tax increases and spending cuts is crucial to securing a second international bail-out to replace a €110bn programme agreed a year ago.
On Tuesday night Greece’s socialist government was attempting to rally dissident deputies with close ties to trade unions, hoping to achieve a parliamentary majority on Wednesday.
Theodoros Pangalos, deputy premier, warned that the next €12bn loan tranche from the current international bail-out loan would not be disbursed unless parliament backed the new measures.
“If we don’t get the money, we face a terrible scenario ... a return to the drachma, with banks besieged by terrified crowds wanting to withdraw their savings,” he said. “We will see tanks protecting banks because there won’t be enough police to do it,” he added.
Greek policymakers hinted that they had no contingency plans in the event of a defeat. “We don’t have a Plan B, we don’t have a plan omega – the last letter of Greek alphabet,” said one.
The “catastrophe talk” was intended to bring wavering deputies on board and avoid having to resort to votes from conservative splinter groups, a socialist official said.
The socialists have a majority of six in the 300-seat parliament. Only one socialist deputy has said he will vote against the package but a further five were considering whether to abstain, the official said.
Thousands of trade unionists gathered outside the parliament building in Athens demanding that the package be withdrawn. Riot police used teargas against extremists who were attacking shops and setting fire to rubbish bins in streets.
Meanwhile, a 48-hour walk-out by public sector workers shut state-owned banks and government offices, city transport and most ferry services to the Aegean islands. Work stoppages by air traffic controllers delayed dozens of international flights using Athens airport.
The Indignant Citizens movement, running a protest camp in Syntagma square, asked supporters to stay in the streets throughout Tuesday and Wednesday.
“This is the climax of a month-long protest against measures that are just too harsh for people to take ... we plan to be here non-stop,” said Manolis, an civil engineering student.
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We are so close to the same ruin it isn't funny. I notice that no one wants to take a stand - even for more "free" money, but I can't see where a single one of them has offered an alternative. How long do they think they'll be able to hold their collective breaths with their self-defeating tantrums?
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7 PM Eastern on Kudlow a reporterette on location said it's 2 AM and people are still milling around the capitol building and all day they've been organizing for an 8 AM meet up to surround the capitol and not allow a vote. More fun to come.
We are so close to the same ruin it isn't funny. I notice that no one wants to take a stand - even for more "free" money, but I can't see where a single one of them has offered an alternative. How long do they think they'll be able to hold their collective breaths with their self-defeating tantrums?
This week/month QE3 is coming in the form of cheaper oil and gas.
They're not giving money away they are allowing the masses to keep some in order calm them down and shut them up. They know the longer they stall the more probable Boehner will be able to twist enough rabble arms into submission for the Ruling Class to continue their life's work of robbing America's wealth for themselves.
::guillotine::
marseillaise avec paroles (http://www.youtube.com/watch?v=0u8muW3HpPI#)
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I'd be willing to let Greece slip into the abyss as a test case just to see what happens .
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Agreed. The socialist government is about to collapse. When socialists politicians are forced to tell their angry base they have to live with less from government or risk the end of their nation and the socialist rabble in the street says "screw sovereignty, give us goodies or else" collapse is the only option available. Why? Easy. Will the politicians suddenly turn into fiscal conservatives and save their nation? Will the socialist rabble suddenly say, "yeah, I can do with less handouts, about time I get up off my ass and provide for myself"? I doubt either one. Unless the people wise up and throw out the socialists and do a 180 they are completely fvcked.
And yes, we are not that far behind them. Our Wisconsin type episodes clearly show the socialist scum creeping about in our populace is willing to be as stupid as their Greek brothers and sisters!
So far people are not learning the right lesson.
I expect more failure and misery, all the momentum is going that direction.
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I'd be willing to let Greece slip into the abyss as a test case just to see what happens .
I agree and I'll bet it won't be pretty. Kind of give us a heads up of what to expect when the time comes. As we all know it's just a matter of time.......
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I'd be willing to let Greece slip into the abyss as a test case just to see what happens .
I agree and I'll bet it won't be pretty. Kind of give us a heads up of what to expect when the time comes. As we all know it's just a matter of time.......
The only thing that happens is that the euro is taken away from them and the rest of the euro zone will break apart and go back to their own money and all the crap that goes with it. Since all these people have euros who the hell will take them back and what the hell ore they worth if no country wants them.
That's the explosion they don't want to see.I has nothing to do with Greece per se.
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It has something to do with them, their socialist government is pissing euro wealth down the drain and the other EU nations know if the weaker nations like Greece don't bite the bullet they are looking at a disintegration of the euro anyway, political union would be moot at that point and economic Darwinism would be the rule of the day. They are trying to get Greece and the rest of them to bite the bullet, and making risky loans only kicks the can down the road and adds more junk on European balance sheets, just like we're doing here!
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When they introduced the Euro, you could trade your old Deutschmarks for them. If the EU and common currency collapses, can you imagine the prospect of giving Deutschmarks back for worthless Euros? Funny how conservatives specifically cited the upside down arrangement of chaining strong economies like Germany to the Italys and Greeces of the union, and were shouted down as hyperbolic doomsayers. Isn't that always the case?
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Germany especially. No other European nation was as debt and inflation averse as Germany, and it was no wonder they were the stronger economy of that era. They even absorbed the devastated East in short order. The EU was a completely stupid idea for strong economies like that to join, now they'll sink or swim together, and sinking seems to be gaining momentum.
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Sniff, sniff, sniffsniffsniff...is there a whiff of cordite in the air?
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Sniff, sniff, sniffsniffsniff...is there a whiff of cordite in the air?
Nope that's fish.
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Sniff, sniff, sniffsniffsniff...is there a whiff of cordite in the air?
Word to the wise: European leaders should probably avoid any motorcades through Sarajevo, anarchists being afoot again and all that....
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I'd be willing to let Greece slip into the abyss as a test case just to see what happens .
I agree and I'll bet it won't be pretty. Kind of give us a heads up of what to expect when the time comes. As we all know it's just a matter of time.......
I like the idea of using Greece like a Lab Rat ! It's a good fit .
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Don't mind this probe, doctors orders, you may experience some discomfort...
::hysterical::
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Don't mind this probe, doctors orders, you may experience some discomfort...
::hysterical::
Libertas, you are one diseased individual.........or a sick puppy. I can't figure out which. ::laughonfloor::
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Don't mind this probe, doctors orders, you may experience some discomfort...
::hysterical::
Libertas, you are one diseased individual.........or a sick puppy. I can't figure out which. ::laughonfloor::
Now you find this out?? Where have you been?And he's a lot of both!
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Moi?
WhatdidIdo?
::angel::
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Moi?
WhatdidIdo?
::angel::
::hysterical::
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What can I say?
I like to have fun.
::evilbat::