reply to post by TheCoffinman
why should the people pay for their leaders mistakes?
No no no .. this is not "us vs them" in Greece. Greece did not suffer a banking collapse like Iceland, they were not thrust into depression because
some corporate giants screwed them. They went broke because their SOCIALIST government had these massive, outragious programs without anyone to
support it! You cannot have a government that spends spend spend while bringing nothing in.. it won't last. Greece was selling bonds to support the
socialist programs.
The EU is demanding Greece reign in Government spending... THIS HAS NOTHING TO DO WITH THE BANKS. In response the Greek government has cut salaries
to government employees, it has frozen pension funds, and cut services across the country. The result? Greeks protest. But then again, if a
government official in Athens cuts wind in the middle of a busy street the Greeks protest.
Greece is learning a valuable lesson: Socialism without industry WILL FAIL.
You post news sources about banks hiding Greece's debt, about them loaning to them in emergency funds .. what were they hiding? Greek healthcare
debt??!?
Had Greece cut the budget to the health care system, a full scale riot would have broke out anyways.
Socialist.