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unelected officials trying to smack down democratically elected wishes Greece can immediately get rid of EU and IMF officials if they want. All they need to do

• twobits 11y ago
  "forgot the free money that has been raining down on Greece" Which greece never sees, and the money go immediately to bailing out the german and french banks that created the problem in the first place. (Courtesy of the tax payers, with a cut for the politicians, with the past gains of german and french industialists, and the present and future gains of the bailed out banks.)
  • NotableAlamode 11y ago
    Let's assume John goes to a Ferrari shop and can't afford the latest California T model because it's to expensive. John borrows the money from Tom and gets the car, promising Tom to pay back. John then doesn't deliver on his promise, and starts to whine ... please EU I'm so poor, please bail me out. The EU then pays John's debt. Then "twobits" would say "Which John never sees, and the money go immediately to bailing Tom who created the problem in the first place."
    • mariosg 11y ago
      So, what has EU done in the example of "NotableAlamode"? EU has made sure Tom gets his money back, despite the fact that he had recklessly lent money to John to get high interest rates -which John had been providing all along till the Ferarri case. And John's debt is not only the same, but much higher, because EU has forced him to sell off 25% of his property that was providing him money (be that human capital or state assets). So, Tom (EU banks) is bailed out and John (Greece) can never pay back his debt.