Too Many Bankers – Not Enough Guillotines

[kpete]

Too Many Bankers – Not Enough Guillotines
POSTED BY RON BEASLEY
JUN 17TH, 2012 | NO COMMENTS

The people of Greece have spoken and said a lot and a little all at once. They may or may not be able to form a government but even if they do it won’t last long.

This is not going to turn out well for anybody. Everybody knows that Greece is never going to repay their debt. Ditto for the others, Spain and Italy the big ones. The austerity program insisted on by Germany is destroying the economies of Europe making it even less likely they could ever repay the debt. The technocrats of the Euro zone have proved to be incompetents with there heads in the sand or up the rear end of the bankers. These bailouts are not for the people of Greece, Spain etc they are bailouts for the big banks that made bad loans. The people know this and we see a rise in the popularity of both far left and far right parties. Civil unrest is increasing.

http://themoderatevoice.com/150117/too-many-bankers-not-enough-guillotines/

[russspeakeasy]

1. We're not of rope are we ?

[YellowRubberDuckie]

9. Please reread your post.

I can't tell what you're asking.

[muriel_volestrangler]

10. I'l guess if should have read 'out of rope' (nt)

[russspeakeasy]

11. Sorry, it should have read "out of".

Turns out, it wasn't that funny anyway !

[freshwest]

2. What do the German people lose from Greece defaulting? They invested in these banks, no?

If they lose their earnings, pensions, etc. might some kind of right wing group gain acceptance in Germany itself, to enforce austerity on them, too?

Just talking worst case scenario, AFAIK, Germans are doing fine economically. The paid their taxes to finance their country. I don't know how this debt not being paid affects the German government.

[snot]

3. K&R'd.

[ArcticFox]

4. Nice title, but nothing about Guillotines

I expected something more from that article.

[longship]

5. Joseph Ignace Guillotin

Joseph Ignace Guillotin invented the head chopping instrument that bears his name. Myself, I think it's proper that Joseph Ignace himself was put to death by the very device he invented.

Also Wiki: Lavoisier, who discovered oxygen and who might have contributed to chemistry and atomic theory was also swallowed by Dr. Guillotin's insidious death device.

Sometimes revolutions swallow their own.

Death penalties are evil and have historically been implemented as a matter of convenience to those in power.

[Pab Sungenis]

7. Guillotin was not guillotined.

He died of natural causes. Another man with a similar name was guillotined, however.

[Stephanie69]

6. Spam deleted by tjwmason (MIR Team)

[badtoworse]

8. Greece will have to stop spending money it doesn't have or accept austerity.

There is no getting around that.