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fasttense

(17,301 posts)

32. No, your correct, no one put a gun to their head.

Mon May 7, 2012, 06:32 PM

May 2012

But it was one huge con orchestrated by Goldman Sachs, other bankster and corrupt Greek politicians. It was fraud, they showed crooked Greek politicians how to cook the books and yet no one went to jail. The politicians got to keep their bribes and the banksters are now squeezing the Greek people who were not in on the con.

http://www.nytimes.com/2010/02/14/business/global/14debt.html?_r=1&pagewanted=all

"The bankers, led by Goldman’s president, Gary D. Cohn, held out a financing instrument that would have pushed debt from Greece’s health care system far into the future, much as when strapped homeowners take out second mortgages to pay off their credit cards."

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Greece election: EU and Germany firm on Athens bailout [View all] T_i_B May 2012 OP

And that is worth a bucket of warm spit, at this point. bemildred May 2012 #1

The Greeks are screwed no matter what. hack89 May 2012 #2

No point is stringing it out. bemildred May 2012 #5

But the alternatives may be just as bad or even worse hack89 May 2012 #6

Who can say? bemildred May 2012 #7

I can understand that position hack89 May 2012 #9

Other than the claims of the banks, how would you know? bemildred May 2012 #10

We may never know except in hindsight hack89 May 2012 #11

What about changing the repayment date the loans? cstanleytech May 2012 #18

Sound fine to me. hack89 May 2012 #19

Look, these "financial wizards" have got most of what they wanted for 30+ years now bemildred May 2012 #12

But you have nothing to loose if the Greek choose wrong. hack89 May 2012 #14

And you do? bemildred May 2012 #15

I have no strong feelings one way or the other hack89 May 2012 #16

Tsk, that sounds so "emotional". nt bemildred May 2012 #17

For suggesting that the Greeks also share the blame for the mess they are in? OK. nt hack89 May 2012 #21

For thinking that "who to blame" is the proper question to concern oneself with. bemildred May 2012 #22

OK. Thanks for the interesting discussion. nt hack89 May 2012 #23

Likewise. bemildred May 2012 #25

No, your correct, no one put a gun to their head. fasttense May 2012 #32

There has been plenty of rational analysis. But the stooges of the Global Banks sabrina 1 May 2012 #26

Iceland borrowed billions from the IMF in addition to accepting IMF austerity measures. hack89 May 2012 #27

Iceland did what all those countries should have done. sabrina 1 May 2012 #29

apples and ...gyroscopes dmallind May 2012 #28

Got anything to back up your opinion? Most credible financial analysts do not agree with you. sabrina 1 May 2012 #30

Maybe the Greeks can Berlin Expat May 2012 #31

Sound like threats to me. fasttense May 2012 #3

As soon as they started paying their bills HotRodTuna May 2012 #4

The EU is the German Empire without the Kaiser. Odin2005 May 2012 #8

Frau Merkel is not the Empress? Jack Rabbit May 2012 #13

How are the germans in the wrong here? 4th law of robotics May 2012 #34

Revolt against the pirate looting of the banks! librechik May 2012 #20

If my deadbeat brother-in-law, who already owes me thousands, wants to keep borrowing more money Nye Bevan May 2012 #24

No. Which is why Greece should leave EU and build new financial bridges. David__77 May 2012 #33

Why do you think that "help" won't come with equally onerous strings attached? hack89 May 2012 #35

How about Greece leaves the Euro rather then the EU? T_i_B May 2012 #36

They are still broke regardless of what currency they are broke in. nt hack89 May 2012 #37

But at least they would have control over their own currency T_i_B May 2012 #38

Judging from the massive currency outflows from Greek banks hack89 May 2012 #40

But then you could also ask... T_i_B May 2012 #41

I don't know if the illusion of control really means much at the moment. hack89 May 2012 #42

The obvious reply to that.... T_i_B May 2012 #43

Pain either way, feel bad for the good folks of Greece sti08dem May 2012 #39