Right Thinking From The Left Coast
Do, or do not. There is no 'try'. - Yoda

Greeks mad at Germans for not bailing them out..

I can’t believe the many levels of irony wrapped up in the Greek anger at the German refusal to bail the m out. Literally class warfare at its best! The poor Greek are now angry at the rich and well off Germans for not feeling obligated to save them from decades of their own mistakes, mismanagement, and misfortunes. And this is going on in collectivist Europe! Greece is broke, but because it is part of the EU, it can’t simply use the old standby of the pre EU days, and devalue its currency. So the other EU states demanded austerity measures. Germany’s leaders which just recently upped the retirement age from 65 to 67, in large part to address the unsustainable costs of the nanny state and the looming fiscal disaster, simply decided that handing the Greeks, whom can retire at 61 and were refusing to even go along and only promising (one that they would not keep I bet) to do something around 2015 by going to the hard age of 63, a wad of cash was not going to be well received by the German voters, and decided to put their foot down. And that pissed of the Greeks.

The Greeks feel that the greedy damned Germans don’t want to do their civic duty and pony up cash. Conversely the Germans are pissed that the lazy Greeks just want to make them pay for their sweet life. You have the Greeks – whom aren’t very well known for any kind of work ethic and love to party – angry at the Germans for not wanting to subsidize their ride. Where have we seen this before? I mean, is this hilarity or what? This kind of economic model was doomed from the start, but the evil ones are the ones that do not feel obligated to part with the fruits of their labor for whatever sad story the other side wants to use to keep the cushy life. If we were not heading the same way, this would be classic comedy. As for the future of the EU? My guess is the Euro goes bye-bye soonish. The Greeks are not interested in changing the way things are. The better off Euroepean countries are drawing the line because if they do this for Greece now they will have to do it for Portugal, Spain, Ireland, maybe Italy, and sooner than later Greece again. The end result is the same though: sooner than later the golden goose dies off, or cuts off the parasites feasting on it.

Posted by AlexinCT on 02/18/10 at 12:08 PM (Discuss this in the forums)

Comments


Posted by on 02/18/10 at 05:13 PM from United States

A high standard of living, plentiful vacation days (paid of course), health care, early retirement, etc are all basic human rights, but working for those things is not a basic human obligation.

Clearly they are entitled to their social programs and if local taxes can’t cover it then the world (in this case anyone doing better than they are within the EU) owes it to them. 

Wonder how long this EU experiment will last?

Posted by on 02/18/10 at 05:20 PM from United States

When I was last in Greece and Spain - both socialist run countries - it was surprising the amount of official unemployment and obvious underemployment there was.  Our black-market tour guide explained that jobs for the average person under 30 or 35 “did not exist” unless you had connections. 

This fueled a black market labor industry amongst other things, and greatly contributed to the obviously lower standard of living the average person there enjoyed compared to the US.

Oh, and even the elite in these countries dream of leaving for the US - where the taxes are low, opportunities abound, and you can own a really big house on a spread of land (I heard this a LOT).

Posted by on 02/18/10 at 05:26 PM from United States

Oh, and even the elite in these countries dream of leaving for the US - where the taxes are low, opportunities abound, and you can own a really big house on a spread of land (I heard this a LOT).

That’s a big part of the reason for our success.  Those citizens of other countries with a drive to succeed and decent work ethic (but that are limited by domestic policies) come here and propser. 

Those that are content to drift by on the dole stay there.  We get better citizens, they get to keep re-electing the same basic welfare states every year.  Win-win (until their ponzi scheme collapses, but that’s not our problem).

Posted by HARLEY on 02/18/10 at 08:04 PM from United States

Wonder how long this EU experiment will last?

I gave the EU a life expectancy of 25 to 35 years max. Either internal insurrection or a shizim between the richer and poor sections will occur.

Posted by HARLEY on 02/18/10 at 08:05 PM from United States

Win-win (until their ponzi scheme collapses, but that’s not our problem).

Yeah, we got our own ponzi scheme to worry about.

Posted by on 02/18/10 at 08:36 PM from United States

Yeah, we got our own ponzi scheme to worry about.

Hopefully the EU’s experiment in economic justice(i.e: the great race to the top of the lazy tree) will collapse sooner than later and give our elected representatives a wake up call that we are heading down that same road…

...Ya, I’m not too optimistic either.

Posted by HARLEY on 02/18/10 at 09:13 PM from United States

...Ya, I’m not too optimistic either.

Which is why im advising people to invest in ammo, and self sufficiency.
Posted by on 02/19/10 at 09:37 AM from United States

Yeah, we got our own ponzi scheme to worry about.

Well yeah, there is that.  But we don’t seem to be nearly as far along or as thoroughly entrenched in it as they are.  The odds of American voters choosing a different path are slim granted.  But the possibility of European voters doing the same are non-existent. 

It might be naive but I have faith that we will figure it out eventually.

Posted by AlexinCT on 02/19/10 at 09:48 AM from United States

Well yeah, there is that.  But we don’t seem to be nearly as far along or as thoroughly entrenched in it as they are.

Obama and the democrats, with their stupid polciies and agenda, sure look like they are trying to catch up at a new record setting speed.

It might be naive but I have faith that we will figure it out eventually.

Mine is wavering, even as I see Americans finally wizing up, because I think the scales were tipped too long ago towards the wrong side, and they are not going to tip back. We have generations of dependants that think they are owed everything by the simple virtue that they avoided being aborted. Our school system reeks and teaches kids that government is their savior and the only purveyor of “socials justice”. And while most agree the spending is out of control they only want spending that does not affect them cut.

The ratio of those that work for a living has dropped too far in comparison to those that vote for a living, and we are at their mercy. That’s not going to bode well.

Posted by on 02/20/10 at 12:50 PM from United States

I gave the EU a life expectancy of 25 to 35 years max. Either internal insurrection or a shizim between the richer and poor sections will occur.

No, it will be a unified Mulsim EU by then.

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