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Reply #7: Against. The bailout only postpones the inevitable crash. [View All]

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Gregorian Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-03-11 06:09 PM
Response to Original message
7. Against. The bailout only postpones the inevitable crash.
Then the system can rebuild. Until it crashes, it's the same old corrupt system of greedy 1%'ers.
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  -If you were a Greek citizen would you vote for or against the bailout? white_wolf  Nov-03-11 06:02 PM   #0 
  - Greece being the birthplace of democracy I would choose democracy.  FarLeftFist   Nov-03-11 06:04 PM   #1 
  - I wouldn't vote for anything that didn't have teeth in it  Warpy   Nov-03-11 06:05 PM   #2 
  - It not just the rich there  dipsydoodle   Nov-03-11 06:15 PM   #11 
     - Possibly, unless they really drag the rest of Europe down with the default.  Warpy   Nov-03-11 06:26 PM   #18 
        - When it comes to holidays,  dipsydoodle   Nov-03-11 06:40 PM   #26 
  - I think Greece should vote for (at least it would stabilize the World's economies  Rosa Luxemburg   Nov-03-11 06:06 PM   #3 
  - I would vote against the enslavement of my country by the IMF  sabrina 1   Nov-03-11 06:08 PM   #4 
  - Damn I didn't hear that. Thanks for the update.  white_wolf   Nov-03-11 06:10 PM   #8 
  - I just read somewhere that George Papandreou has offered to step down as well. n/t  teddy51   Nov-03-11 06:16 PM   #12 
  - Greece is all ready experiencing massive...  CoffeeCat   Nov-03-11 06:30 PM   #21 
     - Merkel made a disturbing statement the other day  sabrina 1   Nov-03-11 06:42 PM   #27 
  - It's now pretty unlikely that the referendum will happen at all  RZM   Nov-03-11 06:08 PM   #5 
  - Against (nt)  ret5hd   Nov-03-11 06:09 PM   #6 
  - Against. The bailout only postpones the inevitable crash.  Gregorian   Nov-03-11 06:09 PM   #7 
  - Ultimately it will crash...  CoffeeCat   Nov-03-11 06:26 PM   #19 
     - Which is just what we did here in the USA.  Gregorian   Nov-03-11 07:23 PM   #38 
  - Last I heard the referendum was canceled anyway...  Imajika   Nov-03-11 06:13 PM   #9 
  - Against  KansDem   Nov-03-11 06:14 PM   #10 
  - ^^ THAT, right there, is the bigger picture which most people don't understand.  Kaleko   Nov-03-11 06:20 PM   #15 
  - Thank you for posting this...would you please...  CoffeeCat   Nov-03-11 06:29 PM   #20 
     - I second your request.  Kaleko   Nov-03-11 08:38 PM   #43 
     - Completed.  KansDem   Nov-04-11 08:58 AM   #53 
        - Gracias!  CoffeeCat   Nov-04-11 10:01 AM   #56 
     - KansDem...  KansDem   Nov-04-11 08:58 AM   #52 
  - against. too bad it was canceled.  Taverner   Nov-03-11 06:16 PM   #13 
  - AGAINST...  CoffeeCat   Nov-03-11 06:18 PM   #14 
  - I would educate the people to do what Iceland did!  Fire Walk With Me   Nov-03-11 06:23 PM   #16 
  - Uhhh..... let's see.....  Turbineguy   Nov-03-11 06:25 PM   #17 
  - The trouble with your post is that the austerity measures will be put on the backs of those  county worker   Nov-03-11 06:33 PM   #22 
  - You are absolutely correct.  Turbineguy   Nov-03-11 08:30 PM   #42 
  - So the Greeks are rioting  MedleyMisty   Nov-03-11 06:33 PM   #23 
  - Definitely against  MedleyMisty   Nov-03-11 06:35 PM   #24 
  - Against. It can never be repaid back. nt  tsuki   Nov-03-11 06:39 PM   #25 
  - Against  PuraVidaDreamin   Nov-03-11 06:44 PM   #28 
  - I would vote against bailouts.  girl gone mad   Nov-03-11 06:44 PM   #29 
  - And what about our debts? Yup that's what I think will happen to our young people too.  dkf   Nov-03-11 07:04 PM   #30 
  - Curtail the spending by stopping the aggregious tax cuts -  TBF   Nov-03-11 07:06 PM   #33 
  - We have a sovereign currency.  girl gone mad   Nov-03-11 07:11 PM   #34 
     - By your measure Greece going to the Drachma will solve everything.  dkf   Nov-03-11 07:17 PM   #35 
        - It won't solve everything.  girl gone mad   Nov-03-11 07:22 PM   #37 
           - So why do you insist that we can pay our bills because we have fiat money, yet not explain the  dkf   Nov-03-11 07:44 PM   #40 
              - What do you perceive to be the downside?  girl gone mad   Nov-03-11 07:58 PM   #41 
                 - Hyperinflation.  dkf   Nov-03-11 09:05 PM   #44 
                    - Hyperinflation is not a real threat.  girl gone mad   Nov-03-11 10:24 PM   #47 
                       - When shadow banking collapsed printing just refilled the hole.  dkf   Nov-03-11 10:33 PM   #48 
                          - Then look at it as refilling the hole..  girl gone mad   Nov-04-11 03:35 AM   #49 
  - Against - no more bailouts for the billionaires (no matter which country they are in). nt  TBF   Nov-03-11 07:05 PM   #31 
  - You can vote not to pay your debts, but you can't vote to force others to provide new financing.  Romulox   Nov-03-11 07:05 PM   #32 
  - I also don't think there will be a vote.  ellisonz   Nov-04-11 03:54 AM   #50 
  - Doesn't matter since it looks like there will not be a vote  ProgressiveProfessor   Nov-03-11 07:22 PM   #36 
  - ENRON creditors got five cents on the dollar  Downwinder   Nov-03-11 07:28 PM   #39 
  - Not saying they shouldn't  dipsydoodle   Nov-04-11 04:09 AM   #51 
     - Death of derivatives. They are artificial and should not be counted as securities.  Downwinder   Nov-04-11 09:01 AM   #54 
  - Don't know all the details but...  moondust   Nov-03-11 09:23 PM   #45 
  - Problem is, all the mainstream economic experts have solid ties to Wall Street.  closeupready   Nov-04-11 09:22 AM   #55 
  - If I were Greek, I'd have another ouzo.  FarCenter   Nov-03-11 10:02 PM   #46 
 

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