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You are simply wrong. You have not done what I asked, which is to mark the flow of money to establish your point, nor have you cited a single source apart from

You are simply wrong. You have not done what I asked, which is to mark the flow of money to establish your point, nor have you cited a single source apart from Wikipedia. Let me do it for you. Here's an article from WP that claims most bailout money went to pay off bondholders who were in large part european banks and pension funds. http://www.washingtonpost.com/business/economy/most-greek-bailout-money-has-gone-to-pay-off-bondholders/2011/10/22/gIQAsV336L_story.html http://www.washingtonpost.com/business/economy/most-greek-ba... Do you have an agenda here? You seem to be repeating the same thing over and over without providing any sources. To your second point, sure. Why are taxpayers in Germany crying about it now? Let them lubricate their eyes instead with the inevitability of fiscal transfer. In any case, I am not interested in debating this issue. My concern in the original post was the moral discourse surrounding debt, that treats the rhetoric of the moneylender to be the dominant rhetoric.

Lazare 11y ago
I've provided several sources, which you haven't bothered to try and dispute. Your WaPo link disagrees with nothing I've said. You asked why people are talking about taxpayers having to bail Greece out, and why we don't try and punish the banks. The answer is because the debt is overwhelmingly owned by taxpayers, not banks[1]. (Which, in turn, is in large part because in 2012 we punished the banks still holding Greek debt pretty severely.) If you persist in thinking that foreign banks hold the bulk of Greek debt, or that no haircut ever happened, then EU politics will continue to be a mystery to you. [1]: http://money.cnn.com/2015/01/28/investing/greek-debt-who-has-most-to-lose/index.html http://money.cnn.com/2015/01/28/investing/greek-debt-who-has...
- littletimmy 11y ago
  Now you're just claiming I said stuff I never said. Conveniently, you stopped quoting me now. There is nothing more to discuss. By all means continue posting if you are a last-word freak.
  - Lazare 11y ago
    > > You asked why people are talking about taxpayers having to bail Greece out, and why we don't try and punish the banks. >Now you're just claiming I said stuff I never said. Oh really? > More often than not, you'll hear stuff like: [...] "Why should taxpayers bail Greece out?"... All the while, there is absolute ZERO condemnation for banking entities making risky loans. There is not even a tacit nod towards acknowledging that if banks make loans that fail, it is their loss to eat. Please.
    - littletimmy 11y ago
      Sure. The Washington Post link establishes that. That you refuse to read it is your problem. Google it.

Lazare 11y ago

I've provided several sources, which you haven't bothered to try and dispute. Your WaPo link disagrees with nothing I've said. You asked why people are talking about taxpayers having to bail Greece out, and why we don't try and punish the banks. The answer is because the debt is overwhelmingly owned by taxpayers, not banks[1]. (Which, in turn, is in large part because in 2012 we punished the banks still holding Greek debt pretty severely.) If you persist in thinking that foreign banks hold the bulk of Greek debt, or that no haircut ever happened, then EU politics will continue to be a mystery to you. [1]: http://money.cnn.com/2015/01/28/investing/greek-debt-who-has-most-to-lose/index.html http://money.cnn.com/2015/01/28/investing/greek-debt-who-has...

littletimmy 11y ago
Now you're just claiming I said stuff I never said. Conveniently, you stopped quoting me now. There is nothing more to discuss. By all means continue posting if you are a last-word freak.
- Lazare 11y ago
  > > You asked why people are talking about taxpayers having to bail Greece out, and why we don't try and punish the banks. >Now you're just claiming I said stuff I never said. Oh really? > More often than not, you'll hear stuff like: [...] "Why should taxpayers bail Greece out?"... All the while, there is absolute ZERO condemnation for banking entities making risky loans. There is not even a tacit nod towards acknowledging that if banks make loans that fail, it is their loss to eat. Please.
  - littletimmy 11y ago
    Sure. The Washington Post link establishes that. That you refuse to read it is your problem. Google it.