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Old 09-26-2011, 07:18 PM  
Bill8
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Join Date: Oct 2001
Posts: 1,901
Quote:
Originally Posted by 12clicks View Post
Ok, dopey. Here you go.
He says basically that no one of any intelligence thinks the bailout of Greece will work. That's fairly obvious to me and most other intelligent people.
It's simply throwing good money after bad in an effort to put off, not solve, the inevitable.
This "bailout will merely weaken the stronger countries and take down more of the weaker ones. Having WASTED all of their money on Greece, they'll have no bullets left to fire in their own defense. They'll all fall like dominos.
But I say BUY euros! They'll be a collectors item for your grand children.
Did you bother to read what the Greek austerity measures were?
What they call austerity, I call not having a second helping of dessert.
And how did the Greek rabble respond? With protests and strikes (of course the idiots are unionized) that shut down the government. The idiots run the asylum in Europe. The government promised people way more than they can deliver and spent solid assets to deliver a false reality.
And now we have Obama and the left demanding that we spend our way into the same hole as Greece.
Brilliant!
And lastly there's the GFY rabble explaining how corporations rule the world. Grasping at the reason of their failure that sounds best to them, they have no understanding of how all of this melt down will effect said corporations.
This is the same type of idiot that explains how 9/11 was an inside job. As long as there is some unbeatable boogie man out there, they never have to admit that they failed simply because they weren't bright enough to do anything but fail.

If this guy is right, you've been warned. Go prepare to take advantage of it. You won't because making good choices is not what failures do, they just find someone to blame
Congrats on writing more than one line.

Technically, he doesn't say any of that, altho I would agree that there is an unstated subtext which is that Greece will default, followed by at least a few of the other mediterreanean countries.

I personally woudl say the guy is right, and we have been warned - by many, not just this guy.

----

Now, the question is, should I bother to debate with you the editorial stuff you added? You probably wont actually debate, you rarely have in the past.

Lets pick one item.

With money as cheap as it is right now, why shouldn't the government borrow as much as they can, and spend it? In a cheap money environment, borrowing money makes sense, not borrowing it (and spending it) makes less sense.

The private sector is not spending money inside the country. The private sector is not building new infrastucture inside the country. The private sector relies (and has relied in the past) on government spending for infrstructure, and government assumption of infrastructure costs.

So, why shouldn't the government borrow more of teh cheapest money any of us has ever seen in our lifetime to build infrastructure that the private sector can then use "for free"?

But - more to the point - what's your plan to get the private sector re-investing in america again? Why should it?
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