Response to cstanleytech (Reply #5)
Sun Oct 14, 2012, 07:24 PM
sabrina 1 (62,325 posts)
6. What caused the problems was the Global Financial Meltdown caused by the corruption
that every day we are seeing more revelations about. The people had nothing to do with that, they did not profit from it and they did not give their governments permission to have their pensions and their mortgages used as gambling chips in the Wall Street Casino. And had they known the corrupt practices that were being used risking their homes and pensions, they would have been worried long before the extent of the corruption was revealed.
See Iceland, it is a microcosm of what happened everywhere else. The difference there was they arrested their corrupt bankers and government officials and then installed a new government. They are the only country affected by the Global Meltdown to be on the rebound because they refused to accept the austerity programs being imposed on the rest of Europe.
There was plenty of money to bail out the corrupt banks but not enough to provide life saving Health Care and benefits to those who most needed it? Sorry, but there never should have been bailouts. There is never enough to feed this greed while taking from the people.
Banks should have been nationalized, crooked bankers and politicians who aided and abetted them, should have been arrested and any ill-gotten profits they made confiscated.
There is no reason why Social Programs should be sacrificed so that crooked bankers can be bailed out only to continue their corrupt practices.
What was needed was a program to provide jobs, when people have jobs they pay taxes. Instead all the money was spent on bailing out the criminals and unemployment rose to alarming proportions in countries like Spain and Greece and elsewhere.
These policies were never going to work. They will eventually have to be discarded, as things just keep getting worse. It is pure insanity to continue doing over and over again what failed so spectacularly already.
Health Care is a right in Europe as it should be and should be untouchable as it involves LIVES. But those running things right now do not care about the lives of ordinary people and sooner or later unless someone steps in, the unrest will grow to where they can no longer control it. It wouldn't be the first time in history where Governments put so much unfair pressure on populations that they rose up and took matters into their own hands.
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|sabrina 1||Oct 2012||#4|
What caused the problems was the Global Financial Meltdown caused by the corruption
|sabrina 1||Oct 2012||#6|
|sabrina 1||Oct 2012||#16|
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