Nope, the theft is entirely within the banking system. They purposely pushed out bad loans so they could sell them off, no different than shorting a stock. They bet on default. Your economic 'theories' are pure propaganda.
The rest of Europe (the world actually) needs to vote to zero the books and dissolve the financial markets that created this situation by tying it all up all our currencies in derivatives. Greece was pushed to take the money so the 'debt' could be sold off and bounced around the markets. The pensioners did not do this. That is propaganda from the banks and corrupt governments that serve them. It is they who are presently enjoying the free lunch. I hope the vote has a domino effect. Austerity is criminal in today's world.
We don't know that. The bankers knew it wasn't a good risk, but they also knew they could sell off the 'debt' to somebody else. So, they tell Greece, "Take the damn money!" Any naturally corrupt government will be happy to oblige.
It wasn't merely a 'loan'. They were pushed into it and then out the window. You can leave your boilerplate talking points elsewhere. Here they are a total waste.
There is no debt. The financial industry is hoarding the currency. The currency belongs to Caesar. And we have the right to seize it and put it back into circulation.
A big opportunity for the rest of Europe!
on
Greece Rejects EU Terms
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· Score: 5, Insightful
All EU citizens should demand a referendum asking if the taxpayers should pay this 'debt' created by derivatives and fraudulent market trading, or tell the bankers to write it off, suck it up, and never again be allowed to put depositor funds at risk on this commodities shell game ever again. And I have no trouble using some form of asset forfeiture against them to recover some of the stolen funds.
Why? It's the person who believes the lie, or knows that's it's a lie and uses it for profit that creates the problem. Liars are liars. The profiteers are criminal.
Oh bla bla bla! Debts have been zeroed out hundreds of times. This one can be also, and everybody will be better off for it. Or maybe you prefer a military coup to enforce the banks' wage slavery system. You want to pamper the wrong people.
It certainly would! Nothing would put a faster end to this kind of thievery than to see the perpetrators suffer real consequences and the money returned to the funds they were stolen from. They are running a confidence game to protect a criminally run industry, time to end it.
In a world that throws away more than half of what is produced, a real democratic style socialism is easily affordable. If you wish to keep the property damage to a minimum, you might want to consider it.. If confrontation is more your cup o' tea, then by all means, carry on.
The failure occurred within the banking structure itself. The irresponsible people were those selling junk portfolios. Iceland took the proper path in this matter, and everybody else should follow suit. I don't fall for that right wing schtick of blaming poor people who actually need help.
Slashdot Mirror
I'm guessing this refers to a command sequence sent from the ground.
init 6 ?
Yes, it does... They are making billions of dollars. The system works!
Nope, the theft is entirely within the banking system. They purposely pushed out bad loans so they could sell them off, no different than shorting a stock. They bet on default. Your economic 'theories' are pure propaganda.
When do we get the indelible internet?
The rest of Europe (the world actually) needs to vote to zero the books and dissolve the financial markets that created this situation by tying it all up all our currencies in derivatives. Greece was pushed to take the money so the 'debt' could be sold off and bounced around the markets. The pensioners did not do this. That is propaganda from the banks and corrupt governments that serve them. It is they who are presently enjoying the free lunch. I hope the vote has a domino effect. Austerity is criminal in today's world.
*What's good for the goose...*
Schadenfreude...
Obama staffer -> Lobbytist -> Hillary staffer -> Lobbyist -> ....
...we will probably have a humanitarian crisis on our hands soon enough.
Bank assets can be seized to avoid that. There is more than enough money sequestered in the financial markets to cover all 'debts'.
Greece lied to get into the Euro...
We don't know that. The bankers knew it wasn't a good risk, but they also knew they could sell off the 'debt' to somebody else. So, they tell Greece, "Take the damn money!" Any naturally corrupt government will be happy to oblige.
Does it still fit on a DVD?
It wasn't merely a 'loan'. They were pushed into it and then out the window. You can leave your boilerplate talking points elsewhere. Here they are a total waste.
There is no debt. The financial industry is hoarding the currency. The currency belongs to Caesar. And we have the right to seize it and put it back into circulation.
All EU citizens should demand a referendum asking if the taxpayers should pay this 'debt' created by derivatives and fraudulent market trading, or tell the bankers to write it off, suck it up, and never again be allowed to put depositor funds at risk on this commodities shell game ever again. And I have no trouble using some form of asset forfeiture against them to recover some of the stolen funds.
They were pushed.
That was addressed in my post...
Why? It's the person who believes the lie, or knows that's it's a lie and uses it for profit that creates the problem. Liars are liars. The profiteers are criminal.
I really don't care. I just won't accept the *work or starve* ethic. There is just too much prosperity and abundance to tolerate such crap.
Oh bla bla bla! Debts have been zeroed out hundreds of times. This one can be also, and everybody will be better off for it. Or maybe you prefer a military coup to enforce the banks' wage slavery system. You want to pamper the wrong people.
It doesn't scale to real situations.
It certainly would! Nothing would put a faster end to this kind of thievery than to see the perpetrators suffer real consequences and the money returned to the funds they were stolen from. They are running a confidence game to protect a criminally run industry, time to end it.
In a world that throws away more than half of what is produced, a real democratic style socialism is easily affordable. If you wish to keep the property damage to a minimum, you might want to consider it.. If confrontation is more your cup o' tea, then by all means, carry on.
The banks are the only ones getting a free ride. There is no need for any austerity to keep it going.
The failure occurred within the banking structure itself. The irresponsible people were those selling junk portfolios. Iceland took the proper path in this matter, and everybody else should follow suit. I don't fall for that right wing schtick of blaming poor people who actually need help.
This is what we all need, less submissiveness.
Does the submitter know what it means?
The acronym is a pretty accurate description of Bitcoin.
We get big discounts that way.