The Conservative Cave
Current Events => The DUmpster => Topic started by: thundley4 on February 15, 2012, 09:37:52 PM
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“The people cannot take any more ... we have reached the limits of the social and economic system.â€
from BBC News:
The Greek people have been pushed to the limit by austerity measures demanded by the EU and IMF, public order minister Christos Papoutsis says.
He said Greeks had made "superhuman" efforts, and "can't take any more".
Meanwhile, Finance Minister Evangelos Venizelos says all remaining issues with the austerity package will be solved in time for a conference call with eurozone chiefs later.
.........(snip).........
After a cabinet meeting late on Tuesday, Mr Papoutsis, a member of the other major coalition party Pasok, said Greece had "made all the efforts that it needed to do".
"The people cannot take any more. The government is making superhuman efforts, and we have reached the limits of the social and economic system," he said. ....................(more)
The complete piece is at: http://www.bbc.co.uk/news/world-europe-17037267
http://www.democraticunderground.com/1002312904
The last post here will soon disappear.
The US is about 3 years at most behind Greece. Per capita public debt in Greece is about $35.000 per person. In the US , it's about the same. Public debt to GDP in the US is slightly behind Greece's, with no credible plan in either country to reduce it. Private debt is still near all-time highs and has recently turned upward again. This 3-year differential with Greece, plus the ability to print money, gives US politicians like Obama a period of grace where he can be ignore the problem for another 3 years without any accountability. By the time the ----- hits the fan, he'll have been re-elected and be gone. We'll be left to pick up the pieces; he'll be writing his memoirs. American policy makers -- Obama, the Fed, Congress -- are rolling the dice, hoping that the next 2-3 years will return an economic miracle where near full employment returns and it takes them off the hook. They have no new solutions, except the neo-liberal ones that have failed us in the past -- lower interest rates to historically low levels and spend like there's no tomorrow . They're just keeping their fingers crossed and hoping for the best.
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Does this mean some of the DUmmies are finally hitting the wall known as reality? That eventually Obama will run out of other people's money?
:panic: :panic: :panic: :panic:
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Point in fact, the per capita debt of an American under king B. Heussein 0bama is $49,000 */-250.
When the no clothes one was ordained it was $32,000+/-. This years joke that is called an 0bama budget will add $17,000 in estimated debt to the $49,000. In government MiniTru 0bama speak that means another $50,000.
Check out this awful estimate under the Bush prosperity years out:
Record $422-Billion Deficit Projected
by Steve Inskeep
September 8, 2004
The federal budget deficit will hit a record $422 billion this year, according to new projections from the Congressional Budget Office. The CBO also predicts $2.3 trillion in new debt will be run up by 2014. [Hear NPR's Steve Inskeep and Robert Bixby of the Concord Coalition.
http://www.npr.org/templates/story/story.php?storyId=3895515&ps=rs
Ah the good old days. Anyway 0bama is the magic guy that taught everyone what trillion means and that it is not that big a number if a demokrat is president.
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Mattel would make a killing with a Magic Negro inaction figure. It would feature a kung-fu-grip on your wallet one hand, and a sleight of hand job on the other hand. No owebuma collection would be complete without an owebuma bobble head doll, that only bobbles in front of teleprompters, not included. Of course the inaction figure would need transportation, so he would have to have a canadian made Magical Misery dunderBlunderBus tour bus. All by Mattel.
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Mattel would make a killing with a Magic Negro inaction figure. It would feature a kung-fu-grip on your wallet one hand, and a sleight of hand job on the other hand. No owebuma collection would be complete without an owebuma bobble head doll, that only bobbles in front of teleprompters, not included. Of course the inaction figure would need transportation, so he would have to have a canadian made Magical Misery dunderBlunderBus tour bus. All by Mattel.
:lol:
I like it!
Put me down for an initial order of................... ZERO! :lmao:
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Response to dixiegrrrrl (Reply #1)
Wed Feb 15, 2012, 10:22 PM
jeanpalmer (1,616 posts) Profile Journal Send DU Mail Ignore
5. You have that exactly right
That was the beginning of that post, I wanted to see name and post-count. It's still there.
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The Greeks have made superhuman efforts to fix it? O Rly.
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We hate freedom and prosperity when dark people give it to us.
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The Greeks have made superhuman efforts to fix it? O Rly.
You bet they have. The public employees now have to retire at 39 instead of 38.
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We hate freedom and prosperity when dark people give it to us.
This post gives lift to a topic I have been thinking of.
To wit "Words you can't say that rhyme with or sound like bigger"
I want to point out the utter hypocrisy of libs who say they support free speech.