CJvR
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Wed Jun-29-11 08:24 AM
Response to Reply #43 |
| 50. Iceland was a bit different. |
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It wasn't the Icelandic state itself that caused the crisis (more than indirectly through poor supervision) it was the Icelandic banks that blew up - which technically was guaranteed by the Icelandic state. Appart from the banking meltdown the Icelandic economy and state finances were relatively healthy. In Greece it is the state itself that is crashing, that is much worse
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| -Athens in chaos as new cuts debated |
Bragi |
Jun-28-11 09:10 AM |
#0 |
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Exact details of the proposed austrity measures are here |
dipsydoodle |
Jun-28-11 09:55 AM |
#1 |
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Yep, bankers and bond holders are the big winners /nt |
Bragi |
Jun-28-11 10:02 AM |
#3 |
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there was a time when democratic policiticians were against such austerity and corporate rip offs nt |
msongs |
Jun-28-11 09:57 AM |
#2 |
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True, but FDR has been gone for a long time /nt |
Bragi |
Jun-28-11 10:22 AM |
#8 |
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FDR not the last Democrat to espouse those views. However, the number sure has dwindled. |
No Elephants |
Jun-29-11 09:18 AM |
#52 |
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I don't know why they're called austerity. They need to be called robbery. |
plumbob |
Jun-28-11 10:06 AM |
#4 |
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this is the same policy that Reagan did to Central & South America.........it's |
StarsInHerHair |
Jun-28-11 06:59 PM |
#42 |
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Austerity, robbery, avoiding global economic collapse, Wall Street bailout. |
No Elephants |
Jun-29-11 09:20 AM |
#53 |
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Don't have a whole lot of sympathy for the greeks |
WatsonT |
Jun-28-11 10:09 AM |
#5 |
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Sure, the bankers and the billionaires are victims |
Bragi |
Jun-28-11 10:12 AM |
#6 |
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Look in to it |
WatsonT |
Jun-28-11 02:39 PM |
#31 |
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Your article makes my point! |
Bragi |
Jun-28-11 03:00 PM |
#34 |
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It seemed to be most everyone |
WatsonT |
Jun-28-11 03:06 PM |
#35 |
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Some do; some don't. |
No Elephants |
Jun-29-11 09:28 AM |
#56 |
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yeah, so all Greeks |
newspeak |
Jul-01-11 11:49 AM |
#80 |
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Look into U.S. tax evasion, esp. underreported and unreported income. |
No Elephants |
Jun-29-11 09:35 AM |
#60 |
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It exists, what's your point? |
WatsonT |
Jun-29-11 10:07 AM |
#67 |
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Our own government says we do very well at it. |
No Elephants |
Jun-29-11 10:10 AM |
#70 |
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ignore the W |
StarsInHerHair |
Jun-28-11 06:56 PM |
#41 |
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What fun would that be? |
No Elephants |
Jun-29-11 09:29 AM |
#57 |
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well........ |
StarsInHerHair |
Jun-30-11 06:53 PM |
#78 |
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Just remember that cavalier attitude when your neck is on the block. nt |
bemildred |
Jun-28-11 10:16 AM |
#7 |
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I don't lie about my income |
WatsonT |
Jun-28-11 02:39 PM |
#32 |
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Yes, but that will not get the bridge you drive over most often repaired or rebuilt. |
No Elephants |
Jun-29-11 09:50 AM |
#62 |
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We're talking about greece here |
WatsonT |
Jun-29-11 10:08 AM |
#68 |
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No, in the post to which I responded, you were talking about yourself. |
No Elephants |
Jun-29-11 10:16 AM |
#71 |
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We are not infamous for not paying our taxes |
WatsonT |
Jun-29-11 11:12 AM |
#76 |
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Actually that is not true |
Harmony Blue |
Jun-28-11 10:30 AM |
#10 |
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Tax evasion at all levels more likely |
dipsydoodle |
Jun-28-11 11:08 AM |
#15 |
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It isn't all levels though |
Harmony Blue |
Jun-28-11 12:38 PM |
#26 |
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Those whose taxes are deducted from their pay don't and can't cheat! |
JDPriestly |
Jun-28-11 01:21 PM |
#29 |
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Actually it is |
WatsonT |
Jun-28-11 02:41 PM |
#33 |
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Actually, it isn't. Your source says it was a "significant" reason for the collapse, not the sole |
No Elephants |
Jun-29-11 09:53 AM |
#63 |
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Think about what you're saying for a moment |
WatsonT |
Jun-29-11 10:09 AM |
#69 |
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Inasmuch as I never said anything like that, I'll let the straw man think about it. |
No Elephants |
Jun-29-11 10:19 AM |
#72 |
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So not paying taxes does cause financial woes for a nation? |
WatsonT |
Jun-29-11 11:11 AM |
#75 |
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What led to the most recent global economic crisis was fraud at every level of |
No Elephants |
Jun-29-11 09:33 AM |
#59 |
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As if the U.S. were all that different. |
No Elephants |
Jun-29-11 09:24 AM |
#54 |
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The EU is playing hardball: No austerity measures; no bailout. |
FLPanhandle |
Jun-28-11 10:27 AM |
#9 |
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Wrong... |
Imajika |
Jun-28-11 10:34 AM |
#11 |
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Maybe. |
FLPanhandle |
Jun-28-11 10:46 AM |
#12 |
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Nah, the outcome is not really in doubt... |
Imajika |
Jun-28-11 10:53 AM |
#13 |
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I agree the markets are the best indicators |
FLPanhandle |
Jun-28-11 11:06 AM |
#14 |
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On this we fully agree... |
Imajika |
Jun-28-11 11:15 AM |
#16 |
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Greek "socialist" party ....??? |
defendandprotect |
Jun-28-11 11:33 AM |
#18 |
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What is your confusion? |
Imajika |
Jun-28-11 11:50 AM |
#20 |
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And the "socialists" are pushing austerity? |
defendandprotect |
Jun-28-11 04:01 PM |
#36 |
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Yes, the socialists are pushing austerity... |
Imajika |
Jun-28-11 05:29 PM |
#38 |
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SINOs dnp SINOs........... |
socialist_n_TN |
Jun-28-11 06:37 PM |
#40 |
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Thank you -- !!! And I was obviously asking because I am not that familiar |
defendandprotect |
Jun-28-11 09:36 PM |
#46 |
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I doubt this thread will help you become familiar. It abounds with "truthiness." |
No Elephants |
Jun-29-11 09:47 AM |
#61 |
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Obviously, I need to .... |
defendandprotect |
Jun-30-11 12:29 AM |
#77 |
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One can always say a socialist party isn't socialist enough... |
Imajika |
Jun-29-11 09:08 AM |
#51 |
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Anybody who calls themself a "socialist" and |
socialist_n_TN |
Jun-29-11 09:28 AM |
#55 |
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We need to move on to a Resource-based economy |
simonmagnus |
Jun-28-11 12:13 PM |
#22 |
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We can no longer burn fossil fuels .... mining/fraking -- mountain top removal .... |
defendandprotect |
Jun-28-11 09:39 PM |
#47 |
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Interesting post ... |
defendandprotect |
Jun-28-11 11:32 AM |
#17 |
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Change will come when |
MattSh |
Jun-28-11 12:12 PM |
#21 |
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Think it will come when the public begins to understand Global Warming and oil industry insanity ... |
defendandprotect |
Jun-28-11 09:42 PM |
#48 |
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Our size and other things mitigate against us, as does some ingrained |
No Elephants |
Jun-29-11 09:56 AM |
#64 |
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Why not just forget |
sulphurdunn |
Jun-28-11 11:41 AM |
#19 |
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That would be called "default" and it is exactly the thing |
Fool Count |
Jun-28-11 04:47 PM |
#37 |
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That's exactly what Argentina did in 2002 |
sulphurdunn |
Jun-28-11 06:05 PM |
#39 |
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That is true that Argentina was able to renegotiate the |
Fool Count |
Jun-28-11 09:18 PM |
#45 |
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Debt forgiveness is not always part of restructuring. Sometimes, it's as simple as extending the . |
No Elephants |
Jun-29-11 10:27 AM |
#73 |
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You cannot restructure debt without the lenders' consent, but nations can agree |
No Elephants |
Jun-29-11 10:00 AM |
#65 |
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Poignantly symbolic that the country who 'invented' democracy has |
Dover |
Jun-28-11 12:22 PM |
#23 |
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Wasn't there a strong attack on their democracy in ... 70's... 80's... |
defendandprotect |
Jun-28-11 10:14 PM |
#49 |
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the Greeks have riots over |
melm00se |
Jun-28-11 12:29 PM |
#24 |
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If that were our biggest problem, I'd be dancing in the streets. |
No Elephants |
Jun-29-11 10:06 AM |
#66 |
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The Greeks should say "fuck you" to the bankers and bond holders, refuse to adopt |
totodeinhere |
Jun-28-11 12:37 PM |
#25 |
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Well for one... |
CJvR |
Jun-28-11 01:02 PM |
#28 |
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That's the theory |
gmpierce |
Jun-28-11 07:39 PM |
#43 |
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Well said and correct procedure to follow with predatory lenders. |
plumbob |
Jun-28-11 08:36 PM |
#44 |
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Iceland was a bit different. |
CJvR |
Jun-29-11 08:24 AM |
#50 |
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Does anyone know a source of live coverage of Greece online? thanks. n/t |
ellenrr |
Jun-28-11 12:41 PM |
#27 |
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Whenever those "youths" wearing masks |
arikara |
Jun-28-11 01:51 PM |
#30 |
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Good point. Wouldn't be the first time. |
No Elephants |
Jun-29-11 10:42 AM |
#74 |
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Fuck the Bankers. Power to the workers. eom. |
Hotler |
Jun-29-11 09:29 AM |
#58 |
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kr |
defendandprotect |
Jun-30-11 09:44 PM |
#79 |
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