Tag Archives: Greece

GREECE – A PARADISE KINGDOM TO DONE

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Greece parasites have gnawed the bone clean devouring the marrow like there was no tomorrow. Bailed out by Germany and the United States (where did we get the money?) to the tune of $300 billion and change. Now we learn that the payment of $1.5 billion due on June 5 is not in the mail. Setting the record straight on the leaches of society we bring your attention to those on the government cuff.

And there are many, the last reported number of government employees was 25% of the working population. They don’t despair because their leader Tspiras will not throw them under the bus. In a weeks time he will tell the EU, in no uncertain terms, that they can shove their demands up to where the sun don’t shine. Critics have long lambasted the Greek public sector as riddled with incompetence and an image of civil servants sitting around smoking and drinking coffee and ignoring customers while piles of files filled floors and corners.

GREEKS HAVE SPOKEN – YES FOR SOCIALISM – YES FOR RENEGING ON DEBTS

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The Greeks have cast their vote in favor of Syriza who hailed the exit polls as “a return of social dignity and social justice.” Their socialist campaign message centered on the hardship imposed by the European Central Bank and IMF; austerity was a necessary evil to bring the country back from the abyss, but with Greek unemployment reaching toward 30%  the citizens felt that the suffering must end.

The government of Greece employs 41% of the working populations. They enjoy benefits only a CEO could dream of. The root of the problem is the condoning of deficits by political liberals who enjoyed the good life at the top of government year after year; , winning elections as long as they kept the spigots open. Sounds similar to politicians here in the United States.

So now we can look forward to tumultuous days ahead, the possibility of them leaving of the EURO, inflation, reneging on their debt and ultimately bankruptcy. It appears that Greece cooking the books is one recipe that may ultimately payoff – DEBTORBEWARE!

 

GREECE TOO BIG TO FAIL – SOCIALISTS LICKING THEIR CHOPS ONCE AGAIN

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Give them MORE money, a breather of sort, to get their act together, and what do they do, spit in your face, blame you for their fate and when you are not looking tell you to shove it where the sun don’t shine.  So that is the thanks the EU Central bank gets for loaning the Hellenistic leaches $290 billion. The story is about to culminate in a bloody climax soon pitting austerity vs socialism.

After years of tough budget cuts, Greece’s economy is emerging from recession but the radical left Syriza party is leading in the opinion polls. Its leader says “austerity will be history” if Syriza wins on 25 January. The Syriza leader told supporters that the vote had marked the “end of the regime that sank the country into poverty, unemployment, grief and desperation.”  German Finance Minister Wolfgang Schaeuble said there was “no alternative” to structural changes.

Bailouts put the squeeze on the budget cheats, the socialist cookers of the books, now they want to return to their paper hanger ways. Audacity from a bankrupt nation that has little bargaining power. A word to their bankers, learn from past mistakes, don’t throw good money after bad. With a 25% unemployment rate, an economy in tatters, most citizens looking for a free meal and most of all a country which is sinking faster than the Titanic ever did. Time is to let them hit rock shoals where the birds of prey will gladly carve up what remains.

The government of Greece employs 41% of the working populations. They enjoy benefits only a CEO could dream of. The root of the problem is the condoning of deficits by political liberals who enjoyed the good life at the top of government year after year, winning elections as long as they kept the spigots open. Sounds similar to politicians here in the United States.