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Originally posted by conar
whip away all citizen debt, do it!
Originally posted by DrNotforhire
I hope they do it just to prove they can do something besides being nuances
seriously, you guys have high hopes... this is not a movie
Originally posted by PoeteMaudit
reply to post by Dimitri Dzengalshlevi
They don't want austerity measures?
Well then, why don't you explain to us who don't share your wonderful grasp of finance, from where a state up to its ears in maturing debt that it could never even hope to repay obtains the capital with which it to fund the 'government spending' of socialism. As further debt from the creditors it can't repay? As daylight robbery of the citizenry of Western Europeans nations? As taxes from a population that doesn't pay taxes and produces so little that could be taxed in the first place? Or from the magical money tree, perhaps?
The 'Greeks' voted for the governments that borrowed and spent the nation into financial ruin. The 'Greeks' endorsed the ideology of social liberalism preached by these politicians. The 'Greeks' participated in the political system of a parliamentary democracy run by oligarchical 'parties'. The 'Greeks' expressed no dissatisfaction with this state of affairs until the cold, hard fact of 'no free lunch' reared its ugly head at last and their little socialist state blew up in their faces. Now we're meant to believe that the ones to blame for it all are the creditors?
edit on 24-2-2012 by PoeteMaudit because: (no reason given)
Originally posted by Dimitri Dzengalshlevi
I'm sure that the only solution to an economist-minded person is austerity, because they only care about finance and money with no interest in the actual political situation that devised this whole mess. As I already explained, the proposed solution is austerity, but economists refuse to admit that austerity is nothing more than neo-imperialism.
Originally posted by peck420
Originally posted by Dimitri Dzengalshlevi
I'm sure that the only solution to an economist-minded person is austerity, because they only care about finance and money with no interest in the actual political situation that devised this whole mess. As I already explained, the proposed solution is austerity, but economists refuse to admit that austerity is nothing more than neo-imperialism.
Be careful there, your brush strokes wide.
Austerity is simply the policy of reduced spending.
The current trend of using the term 'austerity' to describe budget cuts specifically to benefits and public spending is a partisan attempt at votes. Nothing more, nothing less.
The targets of austerity will almost always be the largest items in the budget. They have the most 'room' to accept cuts.
For the US that would be military and discretionary funding, for Greece it is social programs.
nightbringr-
You may be a political idealist Dimitri, but you have no idea about finances.
Originally posted by Dimitri Dzengalshlevi
The whole point of cutting back on government spending and regulation is so private interests can buy up the void left behind. In the case of Greece, these are French and German corporations.
Originally posted by peck420
Originally posted by Dimitri Dzengalshlevi
The whole point of cutting back on government spending and regulation is so private interests can buy up the void left behind. In the case of Greece, these are French and German corporations.
Whoa now. You have two things mixed together there.
Cutting back on spending is austerity.
Cutting back on regulation is political.
As for the French and German's, Greece should have thought of that before they borrowed French and German money. I have no sympathy for people when their loan shark breaks their legs. Only an idiot deals with loan sharks in the first place.
Originally posted by Dimitri Dzengalshlevi
I know what I am talking about. Finance capitalism works hand in hand with politics. It's called imperialism.
Is Lenin not required reading for most people on this site? I highly suggest it.
Originally posted by peck420
Originally posted by Dimitri Dzengalshlevi
I know what I am talking about. Finance capitalism works hand in hand with politics. It's called imperialism.
Is Lenin not required reading for most people on this site? I highly suggest it.
If you think that a financial mechanism is imperialism, I would say that you don't know what you are talking about.
Economics does not dictate intent. Any financial mechanism, if used properly, could be used for imperialism, including no interest loans.
As for Lenin, how did that work out for Russia in the long term?
Capitalism isn't perfect, but it is the best thing we have for now.
Originally posted by torqpoc
Working hours equates to nothing i'm afraid. I am more productive working 30 hours than most working 60.
Originally posted by torqpoc
And yeah I have been to Greece, and their architecture is from a different era, don't make me laugh.
Originally posted by torqpoc
I'll stick to my realism, you stick to your propaganda, ok? Deal? Cosy now are we? *grin*
Originally posted by sy.gunson
Hitler had a solution in 1935. He told the rest of the world to take a run and jump, because Germany refused to continue making ruinous reparations payments.
Whilst I am no fan of Hitler or the Nazis, initially Hitler took the right steps and then embarked on persecution of the Jews and political opponents on the pathway to total war.
Maybe somebody in Greece with enough balls will stand up and tell global capital markets to wear the responsibility for creating easy credit and attempting to profiteer from poor countries. Instead of the poor reforming it is time the money lenders reformed their greed and gross speculation.
Originally posted by Dimitri Dzengalshlevi
I know what I am talking about. Finance capitalism works hand in hand with politics. It's called imperialism.
Is Lenin not required reading for most people on this site? I highly suggest it.
Originally posted by Dimitri Dzengalshlevi
Maybe somebody in Greece with enough balls will stand up and tell global capital markets to wear the responsibility for creating easy credit and attempting to profiteer from poor countries. Instead of the poor reforming it is time the money lenders reformed their greed and gross speculation.
Originally posted by Dimitri Dzengalshlevi
And now you know why Hitler is demonized as being the biblical antichrist or something. While I agree that genocide is always an evil thing to accomplish, it was his policies that evolved Germany (raped by neighboring rivals after its WWI defeat) from collapse to world-class power in a manner of two decades that is a threat to financial imperialists.
Originally posted by nightbringr
Originally posted by Dimitri Dzengalshlevi
I know what I am talking about. Finance capitalism works hand in hand with politics. It's called imperialism.
Is Lenin not required reading for most people on this site? I highly suggest it.
Lets spin this around then and simply ask you what it is you would do to get the Greeks out of trouble if you had the power? Im assuming ditching the euro and going it alone, with balancing the budget (read: AUSTERITY) within a year or two to avoid mass starvation?
Or do you suggest going back to bartering since you have voiced on this thread more than once that money seems to be your root of all evil. Funny, i dont remember Lenin outlawing money or trade on the financial world market.
Originally posted by Dimitri Dzengalshlevi
Maybe somebody in Greece with enough balls will stand up and tell global capital markets to wear the responsibility for creating easy credit and attempting to profiteer from poor countries. Instead of the poor reforming it is time the money lenders reformed their greed and gross speculation.
Im not sure how the government officials of Greece were "forced" to take these loans. As they were not forced, the sole responsibility lies on the Greek politicians and the Greek citizens. After all, they are the ones who must hold their politicians to task. You off all people Dimitri would tell us "Hands off Iran! They are their own country, let them deal with their problems!". Why does this not hold true for Greece then?
Geez, you dont think their campaign of military conquest and annexation across Europe and Africa had anything to do with that, hmmmm? Funny, the Western powers only attacked Germany when they attacked Poland, not when they thumbed their noses at reparation payments. Hell, Chamberlin would have happily watched while Europe burned, all the while appeasing Hitler. Tell yourself it was all about money if you want, i think others seriously feared living under the Nazis, and rightfully so.