RECOMMENDED SOLUTION TO GREEK DEFAULT
Once again, rioters filled the streets of Athens this week in protest of Greek austerity measures. The picture above was posted by MiningFeeds.com.
The solution proposed by the New Boston Tea Party follows:Greece has stiffed its tax paying citizens, financial institutions, EU, IMF, United States, Europe and Investors worldwide and all the while in broad daylight. Today, we see Greece as a squirming fish trying to pull the hook out of its mouth. We propose to release it from its obligations, but the cost of its freedom will be severe. The bad news, all debtors will have to take a 100% loss for now. That is the hard part and for many it may be too harsh to swallow. The second part is easy, a worldwide net will be tossed over the country, no exports out, no imports in; another words total isolation. Who will enforce such a ludicrous proposal? To give away ones secret is to open oneself to attack, but believe us there are a plethora of alternatives, military solution included.
For now any Greek assets found around the world will be confiscated and held in esgrow. Within a year or two at most, Greece will come begging like the starving dogs. (we hate to use harsh words, but in this situation the calling of the socialists dogs who looted the country is rather benign) In the bargain the former creditors will demand title to the country; its land, its islands included,all infrastructure, not limited to its government buildings, roads and chattel. We guarantee that Title will pass and once it does the creditors will monetize their asset. Some will say that this is not fair, innocent people will be made to pay for the misdeeds of a few. The few here are many, thirty percent of those employed in Greece are on the government payroll (notice we did not say work because most government employees don't work); have enriched themselves at the expense of the free market capitalist. The assets of private citizens will not be confiscated, but those of current and former government employees will be rationalized to the extent that they enriched themselves.
At the end of the day, Greece will cease to exist as a country; its creditors will sell off the collateral as they feel necessary, they will recoup their losses and make a tidy profit in return. We can see adjacent countries buying their islands, perhaps Bulgaria. Don't count out hedge or mutual funds, even private equity and for that matter sovereign countries, maybe even China. C'est la Vie. These actions will be a warning to other countries dominated by socialist regimes who believe it their God given right to enrich themselves by plundering the private sector. Oh, we forgot to mention, those responsible for lying while cooking the books will face justice, not dealt out by the hands of a socialist judiciary but by "We the People".
In case you haven't noticed, the Irish took their medicine without trashing the country; they are on the road to recovery; a lesson in civility for the rest of world.
Posted by THENEWBOSTONTEAPARTY at 2/19/2012 10:07 AM 
Categories: uncategorized
Tags: Greek default socialists lying criminal socialists
Categories: uncategorized
Tags: Greek default socialists lying criminal socialists
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