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CAPHAVOC

(1,138 posts)

4. Not a Greek bailout.

Reply to Scootaloo (Reply #2)

Tue Feb 21, 2012, 08:15 AM

Feb 2012

This is a bailout of the big Wall Street banks. Like Goldman. It is to avoid the triggering of unfunded CDS insurance. A32 trillion dollar scheme. Amazing how they pulled it off.

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The stupidity of the Greek bailout [View all] MadHound Feb 2012 OP

Tax revenue is already in short supply - that's how they got here. Richardo Feb 2012 #1

And the people punished for it are conspicuously NOT the ones who made off with the money Scootaloo Feb 2012 #2

Not a Greek bailout. CAPHAVOC Feb 2012 #4

I won't waggle my finger if the Greek people decide to play banker pinata. n/t Scootaloo Feb 2012 #15

So firing people, or cutting their current wages is going to increase tax revenue how, exactly? MadHound Feb 2012 #3

I see you posting this often but never a link. TBF Feb 2012 #11

What is 40% of zero? CAPHAVOC Feb 2012 #18

That's not a link - and the point here is that this debt is being settled on the backs of the folks TBF Feb 2012 #19

Slower the better. CAPHAVOC Feb 2012 #5

i don't disagree overall, but "nor will these measures bring about debt relief"? try $100mm. unblock Feb 2012 #6

Greece is now the indentured servent of Europe... Javaman Feb 2012 #7

TPTB want them to be sharecroppers. hobbit709 Feb 2012 #8

Not so different from our own country ... nt TBF Feb 2012 #12

And the real crime is edhopper Feb 2012 #9

+1 xchrom Feb 2012 #10

Yup..it's all Smoke and Mirrors Owlet Feb 2012 #13

Will this deal get the CDS paper off the books? CAPHAVOC Feb 2012 #17

Feels like more 'Back to the future' nolabels Feb 2012 #14

It's all about protecting the Banksters "investments". Odin2005 Feb 2012 #16

Exactly. nt TBF Feb 2012 #20