Page 1 of 2 12 LastLast
Results 1 to 10 of 17

Thread: Nationwide Strike Paralyzes Greece

  1. #1
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    12-15-17 @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Nationwide Strike Paralyzes Greece

    Link

    FEBRUARY 25, 2010
    By SEBASTIAN MOFFETT And COSTAS PARIS

    Reuters

    A protester clashes with riot police during Wednesday's demonstrations in Athens. Unions held a 24-hour strike to show opposition to the government's austerity plans.
    ATHENS—Tens of thousands of Greeks took to the streets Wednesday as much of the country went on a 24-hour strike against government austerity measures.
    Protesters clash with riot police during a demonstration in Athens on Wednesday. Greece ground to a halt as unions staged a one-day general strike and thousands of demonstrators took to the streets to protest austerity measures designed to tame a public debt crisis.
    A small group of youths threw Molotov cocktails at police, who responded with tear gas. However, the 20,000 people who filed through downtown Athens—a relatively large crowd for a Greek strike—mostly limited themselves to chanting anti-government slogans.
    Public- and private-sector unions called the strike to protest a range of measures aimed at reducing Greece's budget deficit. The government has announced a freeze on civil-service wages, cuts in public-sector entitlements and the closing of tax loopholes for certain professions, including some civil servants. It has also announced a fuel-tax increase.
    Related Video
    News Hub: E.U. To Help Greece (02/11/10)News Hub: Greece Debt Hanging Over Global Markets (0/2/1010)News Hub: Solving Greece's Debt Crisis (02/09/10)"There is an all-out war against public servants, those who earn the least," said Spyros Papaspyros president of ADEDY, an umbrella union for public-sector workers. "We will fight to keep the little we have. The government and the EU must understand the crisis must be paid by the rich."
    I think Europe is in deep trouble, this isn't the end of this sort of thing.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  2. #2
    Guru
    Councilman's Avatar
    Join Date
    Apr 2009
    Location
    Riverside, County, CA.
    Last Seen
    11-04-11 @ 10:16 PM
    Gender
    Lean
    Conservative
    Posts
    4,454
    Blog Entries
    10

    Re: Nationwide Strike Paralyzes Greece

    I have heard more than one Economic Expert say that if Obama doesn't get the message very soon and reduce the spending and cut taxes we are not far from a similar Economic melt down.

    I am baffled that Obama, Pelosi and, Reid have been allowed to continue down this path to destruction when history clearly shows that TAX & SPEND is exactly the wrong way to go.

    We had better wake up and stop the madness and the place to start id with this phony Health Care nonsense. If passed it will put us on a down hill slide we may not be able to recover from without going into a worse situation than Greece is now in.

  3. #3
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    12-15-17 @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Re: Nationwide Strike Paralyzes Greece

    Now you know why China is freaked out, cause they're next.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  4. #4
    Sage
    Khayembii Communique's Avatar
    Join Date
    Nov 2006
    Location
    Milwaukee, WI
    Last Seen
    12-15-17 @ 07:18 PM
    Gender
    Lean
    Undisclosed
    Posts
    7,897

    Re: Nationwide Strike Paralyzes Greece

    Activists also blockaded the Greek stock exchange.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

  5. #5
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Yesterday @ 08:06 PM
    Gender
    Lean
    Independent
    Posts
    16,263

    Re: Nationwide Strike Paralyzes Greece

    Quote Originally Posted by Councilman View Post
    I have heard more than one Economic Expert say that if Obama doesn't get the message very soon and reduce the spending and cut taxes we are not far from a similar Economic melt down.

    I am baffled that Obama, Pelosi and, Reid have been allowed to continue down this path to destruction when history clearly shows that TAX & SPEND is exactly the wrong way to go.
    Once we witness debt eclipse GDP, it will be a strong indication to pull in some of that spending and raise income taxes. Of course, doing so before we see unemployment decrease dramatically is jumping the gun. World economies are on a stimulus I V.

    We had better wake up and stop the madness and the place to start id with this phony Health Care nonsense. If passed it will put us on a down hill slide we may not be able to recover from without going into a worse situation than Greece is now in.
    To be fair, Greece is having their fiscal discrepancy because of a slowed economy that has led to weak revenues. Unlike the worlds most developed economies, they do not have the "ammunition" to constantly allow a budgetary shortfall.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #6
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    12-15-17 @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Re: Nationwide Strike Paralyzes Greece

    Stimulus like ours are artificial and lack real substance. The govt needs to remove itself and let the private sector sort it out, that's how capitalism works. Economies have cycles as do most things, and trying to change them is impossible and only delays the inevidible.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  7. #7
    Guru
    Councilman's Avatar
    Join Date
    Apr 2009
    Location
    Riverside, County, CA.
    Last Seen
    11-04-11 @ 10:16 PM
    Gender
    Lean
    Conservative
    Posts
    4,454
    Blog Entries
    10

    Re: Nationwide Strike Paralyzes Greece

    Quote Originally Posted by American View Post
    Stimulus like ours are artificial and lack real substance. The govt needs to remove itself and let the private sector sort it out, that's how capitalism works. Economies have cycles as do most things, and trying to change them is impossible and only delays the inevidible.
    You are exactly right our current economy is barely hanging on by a thread and it not getting better. So far there are claims that jobs have been created in Congressional Districts that don't exist.

    Obama claims 2 million jobs but the fact is no one is hiring and no new businesses are being created.

    Only 1/3 of the $787 billion stimulus money has been spent because they are holding off spending it until just before the Nov. elections to throw some around to make it look like things are better than they are.

    There is little hope of Obama changing because he is using the Cloward and Piven Strategy to wreck the economy and pave the way for Socialism on a massive scale and history shows it will collapse completely because people has no incentive to work hard when theu see redistribution of their hard earned money going to those who don't work at all or very little.

    It then becomes a race to the bottom.

  8. #8
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    12-15-17 @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Re: Nationwide Strike Paralyzes Greece

    Quote Originally Posted by Councilman View Post
    You are exactly right our current economy is barely hanging on by a thread and it not getting better. So far there are claims that jobs have been created in Congressional Districts that don't exist.

    Obama claims 2 million jobs but the fact is no one is hiring and no new businesses are being created.

    Only 1/3 of the $787 billion stimulus money has been spent because they are holding off spending it until just before the Nov. elections to throw some around to make it look like things are better than they are.

    There is little hope of Obama changing because he is using the Cloward and Piven Strategy to wreck the economy and pave the way for Socialism on a massive scale and history shows it will collapse completely because people has no incentive to work hard when theu see redistribution of their hard earned money going to those who don't work at all or very little.

    It then becomes a race to the bottom.
    [ame=http://en.wikipedia.org/wiki/Business_cycle]Business cycle - Wikipedia, the free encyclopedia[/ame]


    Glen Beck was discussing the Kondratiev Wave last night, and how we're on a downward slope.

    [ame=http://en.wikipedia.org/wiki/Kondratiev_wave]Kondratiev wave - Wikipedia, the free encyclopedia[/ame]

    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  9. #9
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    12-15-17 @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Re: Nationwide Strike Paralyzes Greece

    It explains why the Chinese are buying gold.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  10. #10
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Yesterday @ 10:38 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,520

    Re: Nationwide Strike Paralyzes Greece

    A meltdown like this will be the excuse PBO uses to sieze power.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •