Is bombing Greece an option?

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5. May 2010, 20:00:10

TroyMclure

Posts: 1370

Is bombing Greece an option?

The recent riots surrounding the Greek economy have give rise to debate concerning the problem of their economy.

Is the only answer, and the only option left for the Germans to carpet bomb Greece, and start afresh?

Desperate times desperate measures?
I don't tell as many lies as the magic moose that lives in my toaster.

5. May 2010, 20:25:38

rjhowie

Posts: 14631

The place might be okay for a holiday but is a real waste of space. It has been living on borrowed time for a, well long, ehrm, time!

Just look at those who work in the public sector which has had too much money for too long. Civil servants have a job for life and it is almost impossible to het sacked. Many just don't go into work and do a job somehere else and can still get paid. One ludicrous example of Greece was a public hospital reported ion the news that employed 40 gardeners but doesn't have any gardens (!). Typically paid for doing nothing which the Greeks got away with for far too long. They can also retire in their 40's and claim pensions. Holy Maloney they were still buying naval ships in the midst of a financial meltdown. Can it get any more ludicrous. Now the bubble has burst and they go mental. The rest of Europe has been paying these sanguine layabouts and has every worry that the financial millstone of Greece could pull them and the Euro down. Small wonder the place is a worry for the EEC (heart bleeds...not).

They have always been violent when it comes to public demonstrations but where do they think that is going to get them? Now 3 innocent workers have been murdered. Having got themselves into a hell hole they burn, attack and go bananas. How do they think that is a way to solve their own created problem. If the place falls apart it will be their own damn fault. And if the place disappeared tomorrow it wouldn't be missed. It is a basketcase full of leftists nutters who don't even appreciate the nailing out. I wouldn't waste the money bombing them even their life rafts are no help while it sinks.

5. May 2010, 22:11:59

Macallan

Deviant from beyond the stars

Posts: 50590

Originally posted by TroyMclure:

The recent riots surrounding the Greek economy have give rise to debate concerning the problem of their economy.

Is the only answer, and the only option left for the Germans to carpet bomb Greece, and start afresh?

Desperate times desperate measures?



Mandatory vacation in Greece for every EU citizen. Has pretty much the same effect and it will bring a shitload of money into the country.
Equal opportunity blasphemist and insultant.

FNORD14. Wipe thine ass with what is written and grin like a ninny at what is Spoken. Take thine refuge with thine wine in the Nothing behind Everything, as you hurry along the Path.
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5. May 2010, 23:35:47

Jaybro

Sir James

Posts: 17428

"New data from Greece shows a gap of 13.6% of gross domestic product (GDP), not the 12.7% first reported."

In the US the number is about 11%!

How do we do it? China. Without dropping even one bomb, they'll have done us in by ...... I don't know the date, but it's coming. And as the US economy tanks, guess which countries will go down with us.
A thimbleful of neutron star material would weigh more than 500 million tons. How long is that in Earth years?

5. May 2010, 23:40:06

leftwing

Banned user

Originally posted by TroyMclure:


Is the only answer,



Dont ask me, the only thing I know is I know nothing - Socrates.

5. May 2010, 23:43:26

OnetimePoster

Two hours north of Eden

Posts: 1195

China will become a rich country full of poor people and the US will become a poor(ish) country full of rich(ish) people.

6. May 2010, 03:34:39 (edited)

thedawgfan

Posts: 11595

Originally posted by TroyMclure:

The recent riots surrounding the Greek economy have give rise to debate concerning the problem of their economy.


Can you blame the workers for their gov't lax policy on tax enforcement?
The Greek workers have my full support on this one.
Kick the Greeks out of the EU and be done with it, I say.
After all, I guess it is better to be stuck with the problem of P.I.S rather than P.I.G.S. for the EU, no?

Edit: Also, see this. whistle http://www.guardian.co.uk/business/2010/may/05/uk-budget-deficit-worse-than-greece
"I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve." - J.R.R. Tolkien

http://www.usdebtclock.org/

"Americans should not go abroad to slay dragons they do not understand in the name of spreading democracy." -President John Quincy Adams

6. May 2010, 08:38:18

TroyMclure

Posts: 1370

It seems to me that the root cause of all this is power hungry people.

Why does the whole of Europe have to be in one big club?

Why should a country such as Germany (an engineering giant) be in the same club and be partly responsible for countries like Greece?

The whole thing stinks. Again, management by the big people affects the lives of the little people on a global scale.

I.e. We must invade the middle east, we must be in the European groovy gang, we must open our borders to all and sundry, we must spend your taxpayers money on weapons of mass destruction, you must accept £5.83 per hour minumum wage if you want a any kind of casual job to tide you over.

The more the UK election has rattled on the more its just apparent that our PM is a fuckwit. And when i say that i mean he doesn't actually know or seem to believe in any of the stuff he constantly spouts. Its like listening to a childish Scottish android. So he's obviously just a front man. I wonder who makes the real decisions. Methinks it people in the background who have a lot to do with business empires. Yes, i know thats just the way it is, but it's still crap.

The whole reaction in Greece is an eye opener. It just shows that you can't treat all cultures and people the same. Different cultures react in varying ways to situations. Say for example, in Britain in the next month the new government said that we were all to be issued with ration books like in WW2, and that there would be a curfew of 10pm, and the PCSOs had special powers to stop and search,and everybodies wages were to be cut by 50% we in Britain would accept it. I have absolutely no doubt in my mind we would. Maybe the Brits have become emasculated.

We are so busy sneering at each other, screwing each other over, fucking and drinking that we don't care any more. (Noone will vote. Speak to anyone and there will be a very low turnout, because people think that it doesn't affect them lol).
Well, thats enough of my ranting. Just thought i'd get that off my chest. I wonder what will happen over here, when the proverbial shit, hits the fan.
Nothing.



Anyway, thats enough of my ranting and raving.
I don't tell as many lies as the magic moose that lives in my toaster.

6. May 2010, 10:34:54

Jaybro

Sir James

Posts: 17428

Originally posted by TroyMclure:

Anyway, thats enough of my ranting and raving.


You'll be back.
A thimbleful of neutron star material would weigh more than 500 million tons. How long is that in Earth years?

6. May 2010, 10:38:35

Frenzie

Posts: 15541

Originally posted by TroyMclure:

(Noone will vote. Speak to anyone and there will be a very low turnout, because people think that it doesn't affect them lol).


I would think it's failure to make a difference through voting rather than not being affected.
The DnD Sanctuary — a safety net for My Opera's demise.

6. May 2010, 10:42:32

TroyMclure

Posts: 1370

Enough of that. Here's 2 fit black girls and a good old tune.
You can take my life but you can't take my youtube!!

I don't tell as many lies as the magic moose that lives in my toaster.

6. May 2010, 10:47:08

TroyMclure

Posts: 1370


I would think it's failure to make a difference through voting rather than not being affected.


Are you saying that, its better to be in life circumstances where you are not affected and/or don't care if you're affected rather than voting and not getting the result you want?(I had to think about that.My brain is not what it used to be).
I don't tell as many lies as the magic moose that lives in my toaster.

6. May 2010, 10:55:46

Frenzie

Posts: 15541

Originally posted by TroyMclure:

Are you saying that, its better to be in life circumstances where you are not affected and/or don't care if you're affected rather than voting and not getting the result you want?(


I would still vote for what I perceive to be the lesser of the evils; I'm just saying I can understand people being disillusioned with politics. If someone doesn't get the result they want then they didn't truly not care, btw. p
The DnD Sanctuary — a safety net for My Opera's demise.

6. May 2010, 11:02:13

Jaybro

Sir James

Posts: 17428

Originally posted by Frenzie:

Intelligent alien life does exist, otherwise they would've contacted us.


Some of them post here.
A thimbleful of neutron star material would weigh more than 500 million tons. How long is that in Earth years?

6. May 2010, 11:06:50

TroyMclure

Posts: 1370

I would still vote for what I perceive to be the lesser of the evils; I'm just saying I can understand people being disillusioned with politics. If someone doesn't get the result they want then they didn't truly not care, btw.



I have thought about what you've said, and i don't agree. Surely if we were all apathetic then the powers that be run riot. Oh hold on thats whats happened in the UK. I can't wait until the revolution comes.
I don't tell as many lies as the magic moose that lives in my toaster.

6. May 2010, 11:06:57

Frenzie

Posts: 15541

Originally posted by Jaybro:

Some of them post here.


Save yourselves!
The DnD Sanctuary — a safety net for My Opera's demise.

6. May 2010, 13:10:28

Juggalo1

Banned user

Originally posted by TroyMclure:

The recent riots surrounding the Greek economy have give rise to debate concerning the problem of their economy.

Is the only answer, and the only option left for the Germans to carpet bomb Greece, and start afresh?

Desperate times desperate measures?


carpet bomb and kill innocent life you think its an answer ,i swear you need to go back and be assessed mate your losing it ,first its madonna has bollocks and lady ga ga is a dermite and then cross dressing and now carpet thrushing come on oops me forgot you like to have sex with random user names as well .God you get worse mate gets some help please and live to your name troy the boy .

I am a Juggalo... I am an individual guided by Light... I know who I am and who I want to be. I recognize that the path to Shangri La requires an open mind... I shall not judge. I am part of a Family... I shall Love my Family as I would my blood. I shall do my Family no harm as I know what is done to others shall surely be done to me. I shall strive to honor my Family and not disgrace their name.

6. May 2010, 13:42:38

Belfrager

Zombie Poster

Posts: 4424

Originally posted by TroyMclure:

The whole thing stinks.


Wise words. I agree.
The problem would be to determinate where the smell comes from. To South it comes clearly from the North, to the North they will say that it comes from the South, to England I would risk to say that it comes from everywhere else.

But we are risking that someone equipped with anti-gas masks arrives for occupying all the place.
The days of the Walking Dead Posters ...are gone. smile We moved to DnD Sanctuary.

6. May 2010, 14:04:16

Acorn15

Posts: 2670

Originally posted by rjhowie:

Civil servants have a job for life and it is almost impossible to get sacked.

Did they get the idea from the UK or was it the other way round?

Originally posted by TroyMclure:

there would be a curfew of 10pm


Wasn't that one of Blair's promises for schoolchildren?

Originally posted by TroyMclure:

Why does the whole of Europe have to be in one big club?


Beats me. I was happy with EFTA.

Originally posted by Juggalo1:

carpet bomb and kill innocent life you think its an answer ,i swear you need to go back and be assessed mate your losing it


You need a humour transplant my the sound of it... rolleyes

I hope this doesn't happen in Portugal. I'm wanting to holiday there again.

6. May 2010, 14:06:07

Denny77

Banned user

Moral hazard boys...It sure sounded good didn't it.
"If there were no God, there would be no atheists."

6. May 2010, 16:36:29

Juggalo1

Banned user

Originally posted by Acorn15:

Originally posted by rjhowie:

Civil servants have a job for life and it is almost impossible to get sacked.

Did they get the idea from the UK or was it the other way round?

Originally posted by TroyMclure:

there would be a curfew of 10pm


Wasn't that one of Blair's promises for schoolchildren?

Originally posted by TroyMclure:

Why does the whole of Europe have to be in one big club?


Beats me. I was happy with EFTA.

Originally posted by Juggalo1:

carpet bomb and kill innocent life you think its an answer ,i swear you need to go back and be assessed mate your losing it


You need a humour transplant my the sound of it... rolleyes

I hope this doesn't happen in Portugal. I'm wanting to holiday there again.


read it P R O P E R L Y

I am a Juggalo... I am an individual guided by Light... I know who I am and who I want to be. I recognize that the path to Shangri La requires an open mind... I shall not judge. I am part of a Family... I shall Love my Family as I would my blood. I shall do my Family no harm as I know what is done to others shall surely be done to me. I shall strive to honor my Family and not disgrace their name.

6. May 2010, 16:37:01

Juggalo1

Banned user

Originally posted by Denny77:

Moral hazard boys...It sure sounded good didn't it.


Dajaal devil

I am a Juggalo... I am an individual guided by Light... I know who I am and who I want to be. I recognize that the path to Shangri La requires an open mind... I shall not judge. I am part of a Family... I shall Love my Family as I would my blood. I shall do my Family no harm as I know what is done to others shall surely be done to me. I shall strive to honor my Family and not disgrace their name.

6. May 2010, 17:15:18

Jaybro

Sir James

Posts: 17428

Originally posted by Frenzie:

If someone doesn't get the result they want then they didn't truly not care, btw.


Lordy, that sentence sticks in the throat and brain. That's ok, though. I don't speak any Dutch-Belgian.
A thimbleful of neutron star material would weigh more than 500 million tons. How long is that in Earth years?

6. May 2010, 22:29:03

Originally posted by TroyMclure:

I have thought about what you've said, and i don't agree. Surely if we were all apathetic then the powers that be run riot. Oh hold on thats whats happened in the UK. I can't wait until the revolution comes.


A few years ago the powers that be threatened to run riot and declare a war in Iraq - A lot of people got upset about this. They cast of their apathy, they took an interest; they took some action and made their views know. What followed was somewhere between 750,000 and 2,000,000 people marching on the capital to protest against that war.
When such a strong public opinion is ignored by our leaders is it any wonder that the public is disillusioned?

Waiting for the revolution is like waiting for the messiah.
“When you're young it's your duty to catch up with the things that are longstanding and worthwhile; and old people are the ones who can most help you.”
- Josie Long

6. May 2010, 23:37:05

starree

likes blinky lights

Posts: 257

They were saying at work "Ugh watch Obama bail them out" I said "Hey we could buy the country and rename it U.S. #2" They'd flip out lol

7. May 2010, 09:52:20

TroyMclure

Posts: 1370

carpet bomb and kill innocent life you think its an answer ,i swear you need to go back and be assessed mate your losing it ,first its madonna has bollocks and lady ga ga is a dermite and then cross dressing and now carpet thrushing come on oops me forgot you like to have sex with random user names as well .God you get worse mate gets some help please and live to your name troy the boy .


I'm not sure about the sex with random user names. I challenge you to find soem evidence for this. But, i'm glad i rattled your cage.

Troy the Boy. I like that.
I don't tell as many lies as the magic moose that lives in my toaster.

7. May 2010, 10:07:31

NoobSaibot

Remember

Posts: 1443

almost tempting
gentoo (~amd64 | ~x86) | opera 10 | KDE 4

7. May 2010, 15:09:40

Juggalo1

Banned user

Originally posted by TroyMclure:

carpet bomb and kill innocent life you think its an answer ,i swear you need to go back and be assessed mate your losing it ,first its madonna has bollocks and lady ga ga is a dermite and then cross dressing and now carpet thrushing come on oops me forgot you like to have sex with random user names as well .God you get worse mate gets some help please and live to your name troy the boy .


I'm not sure about the sex with random user names. I challenge you to find soem evidence for this. But, i'm glad i rattled your cage.

Troy the Boy. I like that.


the moderator deleted it oh deary wink

I am a Juggalo... I am an individual guided by Light... I know who I am and who I want to be. I recognize that the path to Shangri La requires an open mind... I shall not judge. I am part of a Family... I shall Love my Family as I would my blood. I shall do my Family no harm as I know what is done to others shall surely be done to me. I shall strive to honor my Family and not disgrace their name.

7. May 2010, 17:39:58

TroyMclure

Posts: 1370

the moderator deleted it oh deary



No. I think if you know what the moderator deleted then you should say. Methinks you are talking shit.
I don't tell as many lies as the magic moose that lives in my toaster.

7. May 2010, 19:26:48

Juggalo1

Banned user

Originally posted by TroyMclure:

the moderator deleted it oh deary



No. I think if you know what the moderator deleted then you should say. Methinks you are talking shit.


no i dont think so and you know i dont think so Shit

I am a Juggalo... I am an individual guided by Light... I know who I am and who I want to be. I recognize that the path to Shangri La requires an open mind... I shall not judge. I am part of a Family... I shall Love my Family as I would my blood. I shall do my Family no harm as I know what is done to others shall surely be done to me. I shall strive to honor my Family and not disgrace their name.

7. May 2010, 19:31:17

Nnaebue

Posts: 1

Una kolo oo

7. May 2010, 19:57:09

TroyMclure

Posts: 1370

no i dont think so and you know i dont think so Shit


Wise words.
I don't tell as many lies as the magic moose that lives in my toaster.

7. May 2010, 23:59:52

rjhowie

Posts: 14631

Greece's problems are all self inflicted. From skiving on the job, avoiding taxes, living the high life and cheating. Oh and add the paternalism of their system. The election system is so complicated and allows people to dish out jobs to suit their pals. It has been a nightmare waiting to happen. Still trying to figure out the reason for having a Greece. An Aegean basketcase.

8. May 2010, 01:39:20

Acorn15

Posts: 2670

Perhaps membership of the EU encouraged them to make many of the mistakes made?

8. May 2010, 01:41:28

OnetimePoster

Two hours north of Eden

Posts: 1195

Sounds like Scotland.

8. May 2010, 01:56:28

Acorn15

Posts: 2670

I sometimes wonder about those who make remarks like that whilst not mentioning from whence they come...

8. May 2010, 14:59:13

fanfaron

Posts: 6352

Originally posted by rjhowie:

Greece's problems are all self inflicted. From skiving on the job, avoiding taxes, living the high life and cheating. Oh and add the paternalism of their system. The election system is so complicated and allows people to dish out jobs to suit their pals. It has been a nightmare waiting to happen. Still trying to figure out the reason for having a Greece. An Aegean basketcase.

lol You are so oblivious to reality. Britain and indeed the rest of Europe are in one way or another headed down the same path (you know, that raft of expensive and ultimately unsustainable social welfare spending you're forever boasting about). In fact, we're also headed down that same path here.

8. May 2010, 17:32:50

rjhowie

Posts: 14631

Don't stretch to being silly fanfaron. We are all in a sticky position but you quite blandly ignore what the practical situation is in Greece. Can I remind you again of wide tax evasion - taking time of a state job you do another while off - being able to retire in your 40's - too big a number working for the State and often not needed but there due to patronage and corruption. And as for the basic reality much of it stemmed from you over there.

8. May 2010, 18:36:37

fanfaron

Posts: 6352

Originally posted by rjhowie:

Don't stretch to being silly fanfaron. We are all in a sticky position but you quite blandly ignore what the practical situation is in Greece. Can I remind you again of wide tax evasion - taking time of a state job you do another while off - being able to retire in your 40's - too big a number working for the State and often not needed but there due to patronage and corruption. And as for the basic reality much of it stemmed from you over there.

lol Oh, of course it did. Naturally. All the baddies come from across the pond. rolleyes

UK deficit set to overtake Greece's

Maybe you should listen to your fellow countryman Niall Ferguson.

Q What are your thoughts on the U.K. economic situation as it relates to the election?

A The situation of the United Kingdom in fiscal terms is in fact worse than the situation of Greece. That may come as a surprise to you, but if you look at the most recent paper on the subject published by the Bank for International Settlements, it is very clear. The trajectory of U.K. public debt over the next 30 years, absent a major change of policy, will take it to a mind-blowing 500% of GDP, which is about 100 percentage points worse than Greece. If Britain had done what many right-thinking people thought it should do and joined the euro, the situation of Britain would be worse than that of Greece today. The only reason that Britain isn’t an honourary member of the PIIGS club, along with Portugal, Ireland, Italy and Spain, is that it stayed outside the eurozone and therefore reserves the right to debase the currency as an exit strategy. I don’t know about you, but I don’t find that very cheery as a prospect

So, Britain has a massive fiscal crisis that is just about to break. Whoever wins this election … they are going to have a ghastly task on their hands to try to reform a system of entitlements and welfare and state subsidy that has hugely expanded under Gordon Brown since 1997. I think Britain was more ready for Thatcherism in 1979 than it is today, and yet it needs it more today than it did then.

The situation is so unpromising that I would anticipate the International Monetary Fund having to come into Britain as it did in 1976. So there’s a great deal of smoke and mirrors about this subject. None of the candidates want to level with the British electorate, but the day after the election we’ll start seeing just how dire it is. And it will be a terrible indictment of Gordon Brown’s time as chancellor of the exchequer and as prime minister.


10. May 2010, 02:26:02

Juggalo1

Banned user

Originally posted by fanfaron:

Originally posted by rjhowie:

Greece's problems are all self inflicted. From skiving on the job, avoiding taxes, living the high life and cheating. Oh and add the paternalism of their system. The election system is so complicated and allows people to dish out jobs to suit their pals. It has been a nightmare waiting to happen. Still trying to figure out the reason for having a Greece. An Aegean basketcase.

lol You are so oblivious to reality. Britain and indeed the rest of Europe are in one way or another headed down the same path (you know, that raft of expensive and ultimately unsustainable social welfare spending you're forever boasting about). In fact, we're also headed down that same path here.


Wise words totally agree .

I am a Juggalo... I am an individual guided by Light... I know who I am and who I want to be. I recognize that the path to Shangri La requires an open mind... I shall not judge. I am part of a Family... I shall Love my Family as I would my blood. I shall do my Family no harm as I know what is done to others shall surely be done to me. I shall strive to honor my Family and not disgrace their name.

10. May 2010, 11:07:17

TroyMclure

Posts: 1370

And it will be a terrible indictment of Gordon Brown’s time as chancellor of the exchequer and as prime minister.


Quote from that Niall fella.

But a lot of people wanted to see him back in power. It's beyond belief!!
I don't tell as many lies as the magic moose that lives in my toaster.

10. May 2010, 11:37:16

Denny77

Banned user

Originally posted by TroyMclure:

Is bombing Greece an option?



Doesn't appear you will have to. That what media here, US, says. Economics' wise it look as if they are done for many years. down
"If there were no God, there would be no atheists."

10. May 2010, 16:42:08

fanfaron

Posts: 6352

Hmmmm...

Union and government officials said Greece had also pledged to raise its value-added tax to 25 percent, to freeze civil servants’ wages and to eliminate public sector bonuses amounting to two months’ pay. They said the government intended to increase taxes on fuel, tobacco and alcohol.

Among the most significant features of the plan, a Greek government official said, would be a measure making it easier for the government to lay off some of the many thousands of public sector workers, whose low levels of productivity and high wages are a big contributor to Greece’s debt problem. Until now, the government has not been able to lay off civil servants, whose employment rights are in effect constitutionally guaranteed.

Another reform high on the list is removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment. Economists say that the liberalization of trucking routes — where a trucking license can cost up to $90,000 — and the health care industry would help bring down prices in these areas, which are among the highest in Europe.

So I guess there is such a thing as "too much government" at some point. I think pretty much the same is in store for quite a few countries.

Source.

10. May 2010, 17:33:16

rjhowie

Posts: 14631

Your argument is kind of weakened by agreement from the emigre in Greenland. Kind of detracts a little. Anyway I would not claim that all the bad vibes come from across the pond at all - just the majority of them.......

10. May 2010, 17:38:44

fanfaron

Posts: 6352

Originally posted by rjhowie:

Your argument is kind of weakened by agreement from the emigre in Greenland. Kind of detracts a little.

Huh? You mean your arguments are kind of weakened by the fact that it's you expressing them? Same "logic".

Originally posted by rjhowie:

Anyway I would not claim that all the bad vibes come from across the pond at all - just the majority of them.......

Amazing. I always thought the NHS and other "welfare and subsidy" programs originated there and that we were meant to emulate.

12. May 2010, 02:02:55

rjhowie

Posts: 14631

Well we wouldn't want to "emulate" your ideas on US welfare by any means. Be poor and down in the ex-Colonies is a nightmare scenario. Tens of millions with little or no health care, lose your home you are on the streets, poverty rising for tens of millions near starving. Yeah we will give your ideas a miss thanks.Imagine a Yank coming on here and almost gloating!

13. May 2010, 00:31:22

Bomb greece?

Sure, Why Not?

14. May 2010, 02:23:40

rjhowie

Posts: 14631

Hooray...let's get them airborne!

14. May 2010, 02:55:04

thedawgfan

Posts: 11595

Originally posted by rjhowie:

Hooray...let's get them airborne!


Stone Cities are next. left
"I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve." - J.R.R. Tolkien

http://www.usdebtclock.org/

"Americans should not go abroad to slay dragons they do not understand in the name of spreading democracy." -President John Quincy Adams

14. May 2010, 21:46:34

Belfrager

Zombie Poster

Posts: 4424

Originally posted by rjhowie:

Hooray...let's get them airborne!


Enola Gay?
The days of the Walking Dead Posters ...are gone. smile We moved to DnD Sanctuary.

15. May 2010, 00:05:34

rjhowie

Posts: 14631

Nice red button and an itchy finger and the right combination?

15. May 2010, 11:09:24

Belfrager

Zombie Poster

Posts: 4424

Lol. And end of irony to me.
Greeks are admirable people that don't deserves what's happening to them.
Europe without Greece at the same level than any other country, at all aspects, doesn't make any sense. I hope that they can pass the difficulties they are facing.
The days of the Walking Dead Posters ...are gone. smile We moved to DnD Sanctuary.

15. May 2010, 12:15:36

Denny77

Banned user

Originally posted by Belfrager:

I hope that they can pass the difficulties they are facing.




Not to fear the Big "O: will bail....we just print the shit as we need it........ cheers yes
"If there were no God, there would be no atheists."

15. May 2010, 15:03:55

Moderator

jax

Posts: 7470

The Greek story is one of accounting and accountability. The crisis started with the country admitting to having broken accounting rules, and when that happens mayhem invariably follows.

Sure, the Greeks suffer from having a relatively weak and ineffective state with much of the economy being unofficial, but neither that nor the claimed ills of a welfare state, even the high level of debt should be crippling for the Greek economy.

The European countries that have most of all been affected by this crisis are rapid-growing economies, especially the poorer ones. This is in part because growth tends to be debt-fuelled, and choices that were rational during times of easy money can be destructive when money gets tight. Greece, like most other Central and East European countries, have become less competitive the last decade or so. They have become more efficient, but wages and prices have risen quicker than productivity. If ill times don't kill them, it should make them stronger.
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15. May 2010, 18:47:04

fanfaron

Posts: 6352

Originally posted by rjhowie:

Imagine a Yank coming on here and almost gloating!

It's almost as shocking as a Brit trying to lecture Greece on out-of-control spending and an entitlement mentality.

Originally posted by jax:

This is in part because growth tends to be debt-fuelled,

I think it's less growth than the something-for-nothing (or very little) mentality. The bills are coming due. GM always thought they could sell enough cars to cover all those generous pension and health plans, too. The understanding -- or rather, faith -- here was that there would always be enough in the coffers to fund Social Security and Medicare and Medicaid. And for that we're now looking at about $60 trillion in unfunded liabilities.

15. May 2010, 20:15:57

Moderator

jax

Posts: 7470

Originally posted by fanfaron:

I think it's less growth than the something-for-nothing (or very little) mentality. The bills are coming due. GM always thought they could sell enough cars to cover all those generous pension and health plans, too.


Money seeks return on investment. Emerging markets with high growth rate attract money. As long as the economy is booming deep and slow scrutiny of projects can cost you money and you lose out relative to more carefree investors and lenders. I would say the dot com boom and bust is a closer US analogy (where Greece could be our Enron). A shakeout could be healthy in the longer run, though for some countries like Iceland, Hungary, or Greece the costs would overwhelm the benefits.

Debt can be managed by a competent regime, the debt level in the US, and many European countries with a higher debt ratio than the US, is unconfortable and risky, but many countries have successfully handled higher debt levels, while others have succumbed to lower.

The future "pay as you go" insurance system highlighted by GM have substantial risks involved, but can still be structurally sound.
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15. May 2010, 22:48:45

Belfrager

Zombie Poster

Posts: 4424

Originally posted by jax:

The Greek story is one of accounting and accountability.


And where hallucinating quotas for agricultural and over regulations to protect central european industry producers from periferal ones, are at your analysis?
Except for Italy, witch is the seventh or eight biggest industrial potency in the world, all other southern countries were economical asphyxiated by EU regulations and quotas.
Don't worry, we pay you for not producing, was the EU police for more than 10 years. They have paid to sink fishing boats, they have paid to destroy agricultural plantations and they not allow industry to produce.
Now they say ooohh your finances are not good.
And now they have to pay the damage they caused. Because it will affect themselves if they don't. And they will pay so much more. Conquering countries by "economics" it's not cheaper than by war.

Regarding the Americans, I would like very much to see the differences regarding economical performances between the several American states. They must have equal, if not bigger differences than European countries. They are going to bomb any of them? Expulse them from USA?
The days of the Walking Dead Posters ...are gone. smile We moved to DnD Sanctuary.

15. May 2010, 23:44:14

fanfaron

Posts: 6352

Originally posted by jax:

The future "pay as you go" insurance system highlighted by GM have substantial risks involved, but can still be structurally sound.

I have yet to see a situation in which such a thing wasn't based on unrealistically rosy forecasts.

16. May 2010, 00:20:03

rjhowie

Posts: 14631

And considering where the world problem started fanfaron a bit of a brass neck for a Yank to come on here even more so. Mind you I wouldn'yt extend the bombing of Greece to the ex-Colonies over the pond. There is a gradual internal decline which will save the cost of the shells.

16. May 2010, 01:48:26

Nice to see you're still around fanfaron.

16. May 2010, 12:40:28

fanfaron

Posts: 6352

Same here, WarriorPhilosophy. smile

16. May 2010, 16:35:02

fanfaron

Posts: 6352

By the way, comments from The Governator Ahhhhnuld:

California Governor Arnold Schwarzenegger has compared his state's financial crisis to that of Greece and called for scrapping the state welfare system to close a $19.1 billion budget gap.

He said the US state, with an economy that ranks as the eighth largest in the world, faced the same budget deficit crisis as eurozone countries such as Greece, Spain and Ireland.

California's government has been forced to cut $12.4 bn in spending over the remainder of this fiscal year and the next, Schwarzenegger revealed yesterday.

He said: "You see what is happening in Greece, you see what is happening in Ireland, you see what is happening in Spain now. We are left with nothing but tough choices." ...

Democratic State Senate President Darrell Steinberg said his party, which controls both chambers of the legislature, could not support Schwarzenegger.

"The cuts are absolutely unacceptable," Steinberg said, adding that instead of slashing spending Schwarzenegger should delay business tax breaks.

The spending cuts in Schwarzenegger's proposed $83.4 billion 2010-2011 budget include eliminating the CalWORKS welfare program and many child care programs and cutting funding for local mental health services by 60 per cent. ...

California's budget deficit had been estimated at $19.9 bn at the beginning of the year.

Outside the event, protesters denounced Schwarzenegger's deficit plan, chanting "Shame on you". Handicapped activists said they feared losing caregivers funded by the state.

"I might as well just die," said Carmen Rivera-Hendrickson, who uses a wheelchair and relies on daily in-home health care.

And on and on it goes. lol Source.

16. May 2010, 17:14:31

rjhowie

Posts: 14631

A-ha nice greetings between the comrades there. Always good to see the personal touch.

19. May 2010, 12:54:00

Originally posted by rjhowie:

A-ha nice greetings between the comrades there. Always good to see the personal touch.



What specifically were you referring to RJ?

19. May 2010, 15:48:06

Thabotizz

Strange enough... not complicated!

Posts: 848

Which RJ? Retarded Jack? Or rjhowie?
Keep it simple. Tizz.

20. May 2010, 05:32:24

rjhowie

Posts: 14631

I was being devilish WarriorPhiloso being very much a non-comrade. I know, I know it is not like me. You stick to your cooking pot Thabotizz.

20. May 2010, 06:31:16

Thabotizz

Strange enough... not complicated!

Posts: 848

Originally posted by rjhowie:

I was being devilish


Ooh! yikes

Originally posted by rjhowie:

Stick to your cooking pot

confused
Keep it simple. Tizz.

20. May 2010, 11:47:10

Originally posted by rjhowie:

I was being devilish WarriorPhiloso being very much a non-comrade. I know, I know it is not like me. You stick to your cooking pot Thabotizz.



Nice to see you're still picking fights. I'm sure that you'll eventually win one someday, even if your victory is against a mildly retarded two year old.

That being said, what makes you think we're non-comrades? Realistically, I don't agree with most of what you have to say, but I defend your right to say it. You consider me an enemy?

Bombing a country is always an option; usually reserved for a last resort. Greece has problems far larger than it's current economic climate. So does the rest of the world. I say quit screwing around and nuke the planet.

21. May 2010, 02:11:05

rjhowie

Posts: 14631

Oh I don't pick fights. I have strong views as others have here! Others have been chased off by those who band together because a person doesn't fit into their wee club. I have nothing against you in person and we all have rights of opinion here. You have as so have I. That won't change!

21. May 2010, 12:52:28

Originally posted by rjhowie:

Oh I don't pick fights. I have strong views as others have here! Others have been chased off by those who band together because a person doesn't fit into their wee club. I have nothing against you in person and we all have rights of opinion here. You have as so have I. That won't change!



Right! Mostly I just get a kick out of pushing your buttons.

22. May 2010, 14:52:41

Thabotizz

Strange enough... not complicated!

Posts: 848

Originally posted by rjhowie:

Oh I don't pick fights.

As if he'll ever win rolleyes

Originally posted by rjhowie:

I have strong views ... here!

pssst he means his hallucinations

Originally posted by rjhowie:

because a person doesn't fit into their wee club.

He wants to join the wee club scared

Originally posted by rjhowie:

I have nothing against you in person and we all have rights of opinion here.

faint rip
Keep it simple. Tizz.

22. May 2010, 15:24:18

NoobSaibot

Remember

Posts: 1443

@thabotizz: how old are you? a honest question. so that i'm not surprised next time reading your answers.

edit: you've got to be kidding! 31?

gentoo (~amd64 | ~x86) | opera 10 | KDE 4

22. May 2010, 23:37:38

rjhowie

Posts: 14631

It's always the same here with the smart arse. They think they are so bright they are the only ones who know about the long held philosophy of button pushing. I remain highly individualistic and enjoy the sport. You ask a pertinent question there actually NoobSaibot about his daftness at times and when you consider the cosy club here facilitate him doesn't say much for them using them in regards to me!

23. May 2010, 07:24:46

Thabotizz

Strange enough... not complicated!

Posts: 848

Originally posted by rjhowie:

It's always the same here with the smart arse.

Talking about me?

Originally posted by rjhowie:

They think they are so bright they are the only ones who know about the long held philosophy of button pushing.

no I learnt from the best monkey I also remain highly individualistic and enjoy the sport.

Originally posted by rjhowie:

You ask a pertinent question there actually NoobSaibot about his daftness at times and when you consider the cosy club here facilitate him doesn't say much for them using them in regards to me!

Still want to join the wee club?
Keep it simple. Tizz.

24. May 2010, 00:45:39

rjhowie

Posts: 14631

ooh feeling guilt are we on the "me". I was talking in general terms so please do not think highly of yourself.

24. May 2010, 00:47:25

TroyMclure

Posts: 1370

monkey
I don't tell as many lies as the magic moose that lives in my toaster.

24. May 2010, 06:21:00

Thabotizz

Strange enough... not complicated!

Posts: 848

Originally posted by rjhowie:

ooh feeling guilt are we on the "me".

no

Originally posted by rjhowie:

so please do not think highly of yourself.

Please take your own advice!
Keep it simple. Tizz.

26. May 2010, 22:06:43

rjhowie

Posts: 14631

Well instead of nombing Greece hey what about SA. You won't be missed!

27. May 2010, 09:22:52

Thabotizz

Strange enough... not complicated!

Posts: 848

Poor rj! Why are you crying cry resorting to violence, my dear fellow, will make things even worse for you!
Keep it simple. Tizz.

27. May 2010, 22:09:57

rjhowie

Posts: 14631

Listen attempt-at-a-bright-spark (but failing). Maybe if you co-ordinate the grey cells that are together with your dear eyes you will note that I didn't start this thread and the title indicates violence.You have done this before and somehow it is like being Dyslexic and you get confused in your attempt to try and keep up with the big boys. Try running to catch up? Tell you what - I'll warn you before the bombs are dropped spo you can get out over the border to the land of the make-belief wonder man Mugabe. I couldn't let you go completely Scot free.

28. May 2010, 06:12:57

Thabotizz

Strange enough... not complicated!

Posts: 848

Omg! My dear rj, some have tried and many have failed. I'm here to stay. Get over yourself! The sooner you accept that, the better. Some of us although in the darkest Africa, have made peace with who we are. Let me remind you that whatever you think of me is unimportant! About your assessments, you can shove it! psmurf

Keep it simple.

Nothing is complicated!
Keep it simple. Tizz.

28. May 2010, 10:41:00

Moderator

jax

Posts: 7470

If this thread doesn't get back on topic, to wit the economic crisis in Greece, it will be closed.
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29. May 2010, 13:15:59

rjhowie

Posts: 14631

I haven't seen Greece as using probity as a yardstick. People working for the State for life many of whom got jobs through patronage. Others with a second job and take time off their State position to do it quite without disciplining? It has been a case of living beyond it's means for far too long. The corruptions in Greece created a rod of it's own doing on it's back. Now the truth has come home. The place is a financial disaster and to compound it the Unions and left create further mayhem with a government of their own direction?

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