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Thread: Greece debt repayment in full is 'unrealistic', says Syriza

  1. #21
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    Re: Greece debt repayment in full is 'unrealistic', says Syriza

    Quote Originally Posted by MildSteel View Post
    I'm going to tell you something. It is clear to me that liberals live in an unsustainable egalitarian utopian fantasy. On the other hand conservatives like you live in another fantasy that is essentially dystopian in nature and is based on the moronic idea that somehow giving everything to the elite of an economic oligarchy results in the best outcome for all. When pressed, all you ever seem to be able to say is that it has always been that way.
    Very perceptive of you, and conservatives are right. Poor people don't hire anyone, and if people who don't know how to make money get it they waste it.

    Goldman Sachs and other banks provided the Greek government with a service that the Greek government wanted. They wanted to be shielded from their obligation to be transparent with EU authorities.

    "The urge to save humanity is almost always a false front for the urge to rule." --HL Mencken

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    Re: Greece debt repayment in full is 'unrealistic', says Syriza

    Quote Originally Posted by LowDown View Post
    Part of the reason Greece got into this mess is because they hid debt from lenders to forstall the day of reckoning.
    Banks helped Greece perpetrate fraud. I really don't want to hear any excuses on their behalf.

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    Re: Greece debt repayment in full is 'unrealistic', says Syriza

    Quote Originally Posted by LowDown View Post
    Very perceptive of you,
    Yes, I know. Thank you.

    Quote Originally Posted by LowDown View Post
    and conservatives are right.
    They are right, pussy is good!

    Quote Originally Posted by LowDown View Post
    Poor people don't hire anyone,
    The guy that cuts my grass is poor and he hires two people to work for him. So you are wrong.

    Quote Originally Posted by LowDown View Post
    and if people who don't know how to make money get it they waste it.
    Rich people waste money. George W Bush is rich and he wasted all kinds of money invading Iraq. Wasted a bunch of lives too.

    Quote Originally Posted by LowDown View Post
    Goldman Sachs and other banks provided the Greek government with a service that the Greek government wanted.
    Yep. They helped perpetrate fraud. That's why they should have been allowed to fail.

    Quote Originally Posted by LowDown View Post
    They wanted to be shielded from their obligation to be transparent with EU authorities.
    Rich people want to be shielded from their obligation to pay taxes. That's why they do all sorts of things to avoid it, some illegal.
    Last edited by MildSteel; 01-28-15 at 09:59 PM.

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    Re: Greece debt repayment in full is 'unrealistic', says Syriza

    Quote Originally Posted by Kushinator View Post
    Interesting interview from the new (not then) Greek finance minister:

    http://bcove.me/q8tcp8bd

    The most important thing he said is at the end of the interview:
    I heard an interview with Varoufakis on the BBC. He's a very smart cookie. He's also absolutely right. The troika has to realise that a policy of lending vast amounts of money to country, the repayment conditions of which ensure that their economy is never going to be able to repay it, is insane. Greece cannot and will not pay back their debt as it is currently structured. They simply have no way of doing so. Restructuring a debt (and a bit of write-off added) is the only way that the lenders have any chance of being repaid. They'll understand that, given a bit of time.

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    Re: Greece debt repayment in full is 'unrealistic', says Syriza

    Quote Originally Posted by MildSteel View Post

    Poor people don't create jobs
    The guy that cuts my grass is poor and he hires two people to work for him. So you are wrong.
    Nope, he's middle class.


    and if people who don't know how to make money get it they waste it.
    Rich people waste money. George W Bush is rich and he wasted all kinds of money invading Iraq. Wasted a bunch of lives too.
    Foreign policy has nothing to do with it, but it is Pres. Obama who is set to turn that money and those lives into a waste, not Bush

    Goldman Sachs and other banks provided the Greek government with a service that the Greek government wanted.
    Yep. They helped perpetrate fraud. That's why they should have been allowed to fail.
    No, they did nothing illegal. It's not illegal when a sovereign nation does it to another sovereign nation. Greece's foreign policy is Greece's alone.

    Rich people want to be shielded from their obligation to pay taxes. That's why they do all sorts of things to avoid it, some illegal.
    All people and corporations have an fiduciary obligation to arrange their affairs so as to minimize their tax burden and maximize their own resources. It is purile to equate that to selfishness or greed.

    "The urge to save humanity is almost always a false front for the urge to rule." --HL Mencken

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    Re: Greece debt repayment in full is 'unrealistic', says Syriza

    Quote Originally Posted by LowDown View Post
    Nope, he's middle class.
    No he isn't. He's poor. He's not in abject poverty, but he's poor.



    Quote Originally Posted by LowDown View Post
    Foreign policy has nothing to do with it, but it is Pres. Obama who is set to turn that money and those lives into a waste, not Bush
    What? You think money cannot be wasted in foreign policy? Both Obama and Bush have needlessly wasted lives and money with respect to US foreign policy and both are rich. But let's take foreign policy out of it, there are many, many instances of rich people wasting their own money. So no matter how you look at it, you are wrong.

    Quote Originally Posted by LowDown View Post
    No, they did nothing illegal. It's not illegal when a sovereign nation does it to another sovereign nation. Greece's foreign policy is Greece's alone.
    Goldman Sachs and all the other "too big to fail" banks engaged in all kinds of illegal practices with respect to loaning money. WRT to Greece, I really don't want to hear all that whining when the big banks knew full well of the corruption that was in Greece and yet they gave them the money anyway. Again, if you can't bear the consequences of making a bad loan, don't make it in the first place.

    Quote Originally Posted by LowDown View Post
    All people and corporations have an fiduciary obligation to arrange their affairs so as to minimize their tax burden and maximize their own resources. It is purile to equate that to selfishness or greed.
    What I am saying is that corporations have a tendency to do things that are illegal so as to shield themselves from the transparency that they are obligated to with regards to taxes. Do I have to list instances of it?

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