General Discussion

Lee-Lee

(6,324 posts)

122. Nope

Tue Jul 14, 2015, 01:05 PM

Jul 2015

No more than it would if Goldman-Sachs said "oh, we fired the guy in charge of that deal". Would you let the banks off easier if they just fired the guy who ran the deal?

The country used fraud to join the EU, enjoyed many benefits from that, and still does in many ways.

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Krugman: "Suppose you consider Tsipras an incompetent twerp..." [View all] GliderGuider Jul 2015 OP

"The European project � a project I have always praised and supported" - Good to see Krugman PoliticAverse Jul 2015 #1

Just curious, how does the praise and support of an American professor truebluegreen Jul 2015 #5

Good question. I suppose nobody important could have read his columns. n/t PoliticAverse Jul 2015 #8

Like they read his anti-austerity columns? nt truebluegreen Jul 2015 #13

Not when Greece joined in 1981. Not when the Maastricht Treaty created the idea of the Euro in 1992 muriel_volestrangler Jul 2015 #66

complete ignorance of history pscot Jul 2015 #78

Hence, you're merely assigning responsibility due to bias LanternWaste Jul 2015 #98

You mean the Nobel Prize winning economist? Gosh, nobody listens to him. Hekate Jul 2015 #10

Well, certainly in this country nobody does. truebluegreen Jul 2015 #12

Many of us listen to every word Krugman utters. Nitram Jul 2015 #69

<sigh> My point was that our fearless leaders pay no heed, truebluegreen Jul 2015 #71

Obama wanted to stimulate the economy a great deal more and made a number of attempts. Nitram Jul 2015 #73

<sigh> Obama's big stimulus package--first big move out of the gate-- truebluegreen Jul 2015 #76

<sigh> perhaps you need an anti-depressant <sigh> Nitram Jul 2015 #77

Pick whichever answer you like. truebluegreen Jul 2015 #79

I'll go for a combination of the two. Nitram Jul 2015 #81

This is a nasty post rosesaylavee Jul 2015 #95

Anyone who <sighs> before every reply is engaging in very passive agressive behavior. Nitram Jul 2015 #102

So that justifies rosesaylavee Jul 2015 #114

I did not reply with "whatever reply comes to mind." Nitram Jul 2015 #117

Not every post, only 2 out of 3 replies to you, specifically. truebluegreen Jul 2015 #115

Once I can overlook. Twice is just plain rude. Nitram Jul 2015 #118

"I wonder why that is." truebluegreen Jul 2015 #120

Obama started out by asking for something link *half* Krugman's recommendation magical thyme Jul 2015 #96

Actually, It Was The Threat Of A Senate Filibuster DallasNE Jul 2015 #108

Adverse, that's a rather silly misreading of Krugman's piece. Nitram Jul 2015 #70

supporting the European project is *not* the same a supporting the structure of the Euro magical thyme Jul 2015 #97

Excellent post. Thank you. nt truebluegreen Jul 2015 #101

Excellent post Warpy Jul 2015 #106

from what I've read, it's the same as the previous deal, with the addition of handing ove $50M euros magical thyme Jul 2015 #109

According to a speaker on the BBC TexasMommaWithAHat Jul 2015 #123

oh, god, if Krugman is depressed, I'm depressed...how awful... CTyankee Jul 2015 #2

"Insanity - doing the same thing over and over and expecting different results". n/t PoliticAverse Jul 2015 #9

I think the usual suspects who like to rail about truebluegreen Jul 2015 #3

He's right. This is looking more and more like Germany trying to undo 1945. PSPS Jul 2015 #4

A couple of weeks ago I watched Judgement at Nuremburg and saw something very CTyankee Jul 2015 #6

I have not seen it. SusanCalvin Jul 2015 #28

It was about one of the last war trials of German judges in Nazi Germany. CTyankee Jul 2015 #63

Kulture PeoViejo Jul 2015 #7

Conservatives playing power games GermanWatcher Jul 2015 #11

If there was a vote in Germany (similar to the referendum in Greece) asking whether to lend PoliticAverse Jul 2015 #14

Hmm, just my opinion... GermanWatcher Jul 2015 #15

Few understand that most of the money went to the banks, not to the Greek people. Ghost Dog Jul 2015 #90

You raise the most important aspect to this PSPS Jul 2015 #23

nope hill2016 Jul 2015 #27

You know I never said that PSPS Jul 2015 #34

first of all hill2016 Jul 2015 #37

So, you're suggesting someone take over Greece? brooklynite Jul 2015 #54

Sure, banks make Greece sulphurdunn Jul 2015 #67

I don't think anyone wants to "take over" Greece. They don't need to. They can rhett o rick Jul 2015 #105

Agreed..you can't run a cross-border 'sovereign' currency without having a cross-border sovereign Volaris Jul 2015 #55

Banks fail every month in America hack89 Jul 2015 #72

98-2 to not lend to Greece I was in Germany shortly after the last loan was given. The German people stevenleser Jul 2015 #32

Poll numbers support new loans GermanWatcher Jul 2015 #110

Link please. I don't believe that at all. nt stevenleser Jul 2015 #121

Very well said malaise Jul 2015 #16

If only its death throes weren't dragging us all down... GermanWatcher Jul 2015 #17

only hill2016 Jul 2015 #39

Check your debts to China and then use your brain n/t malaise Jul 2015 #45

the US has never defaulted on its debt obligations hill2016 Jul 2015 #47

If the U.S. does default someday, it most likely will be on the Social Security fund as bondholders lostnfound Jul 2015 #64

+ 1,000,000,000 What You Said !!! WillyT Jul 2015 #80

No austerity for Goldman Sachs, it got bailed out via the backdoor of the AIG bailout. n/t PoliticAverse Jul 2015 #112

The US has defaulted a few times in its history. PoliticAverse Jul 2015 #111

You have sovereignty only if you have a viable economy metalbot Jul 2015 #65

This is correct. Implementation requires time as well as will. Ghost Dog Jul 2015 #91

This message was self-deleted by its author passiveporcupine Jul 2015 #26

Not sure why Krugman ever expected bankers to think outside the box. randome Jul 2015 #18

Will Germany try to block a recovery? salib Jul 2015 #19

Krugman never asked the hard question: Why should EU taxpayers pay for Greek spending? FLPanhandle Jul 2015 #20

Suspicious timing GermanWatcher Jul 2015 #21

Welcome to DU. Your posts have been informative.. snagglepuss Jul 2015 #24

Would you expect German bankers to hold onto their bonds with a near certainty of losing money? randome Jul 2015 #25

Good presentation of the right wing spin... kristopher Jul 2015 #22

Whatever you call it, these deals have to be sold domestically BeyondGeography Jul 2015 #85

I noticed that hill2016 Jul 2015 #29

...... daleanime Jul 2015 #31

The US isn't a member of the EU. herding cats Jul 2015 #35

you sure? hill2016 Jul 2015 #40

The EU? herding cats Jul 2015 #43

nope hill2016 Jul 2015 #46

Really? herding cats Jul 2015 #50

they hill2016 Jul 2015 #51

I don't understand what you're saying. herding cats Jul 2015 #53

Why should the US loan money to Greece? Travis_0004 Jul 2015 #84

Tsipras has been in repeated phone contact with US Treasury Secretary Lew. I wonder how PoliticAverse Jul 2015 #42

Oh, you know, it's complicated. herding cats Jul 2015 #48

We have our own awoke_in_2003 Jul 2015 #94

K&R..... daleanime Jul 2015 #30

It is not just Germany, even though sadoldgirl Jul 2015 #33

^^^YUP ^^^ LittleGirl Jul 2015 #56

The Euro isn't a bad idea on paper. moondust Jul 2015 #62

I guess Mario Draghi and Darth Schauble got into quite an argument. roamer65 Jul 2015 #36

This from Robert Reich: Ccarmona Jul 2015 #38

Thank you for posting this. Ilsa Jul 2015 #82

+ 1,000,000,000 What You Said !!! - Thank You !!! WillyT Jul 2015 #83

While the banks do have blame that was a deal they made with the Greek government Lee-Lee Jul 2015 #100

The "Greek government" that cooked the books and made the deals truebluegreen Jul 2015 #104

Nope Lee-Lee Jul 2015 #122

Got it. 'Nuff said. truebluegreen Jul 2015 #128

Crime and fraud should have consequences Lee-Lee Jul 2015 #129

my solution rdking647 Jul 2015 #41

except hill2016 Jul 2015 #44

it depends who the banks creditors are rdking647 Jul 2015 #57

the creditors hill2016 Jul 2015 #59

In other words: Grexit, okay sadoldgirl Jul 2015 #49

Unilateral action like that would get them thrown out of the EU muriel_volestrangler Jul 2015 #68

Do you think rich Greeks have their money in Greek banks? hack89 Jul 2015 #74

All ordinary Greeks with any savings have them in Greeek banks. Nitram Jul 2015 #103

Right but that's not what that person asked. Do you think Greek 1%'ers have their money in Greek stevenleser Jul 2015 #119

sorry, I overlooked the word "rich". Nitram Jul 2015 #127

The 1% took their money out of the Greek banks ages ago. Rex Jul 2015 #125

Wow MFrohike Jul 2015 #52

Who is behind the curve? BillZBubb Jul 2015 #58

Heh MFrohike Jul 2015 #60

Well, by the same token, Ghost Dog Jul 2015 #92

Maybe not quite that far MFrohike Jul 2015 #113

Can Greece pull off a successful exit? Will Germany try to block a recovery? DFW Jul 2015 #61

HUGE K & R !!! - THANK YOU !!! WillyT Jul 2015 #75

here's my read, and yes, the economics are quite secondary -- unblock Jul 2015 #86

Good analysis. But I'd add in a strong measure of punitive intent as well GliderGuider Jul 2015 #87

indeed. unblock Jul 2015 #88

That's it right there. Rex Jul 2015 #126

I thought Krugman was in favor of the coup a week or so ago Doctor_J Jul 2015 #89

The unwillingness of the Greek government to govern is a large part of the problem Babel_17 Jul 2015 #93

K & R Dont call me Shirley Jul 2015 #99

Maybe the "European Union" PATRICK Jul 2015 #107

K&R. Thanks for posting. JDPriestly Jul 2015 #116

All countries should now be wary of the multinational investment vulture. Rex Jul 2015 #124