Did You Ever Think? Did You Ever Think? - Talk of The Villages Florida

Did You Ever Think?

 
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  #1  
Old 06-14-2012, 09:50 AM
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Default Did You Ever Think?

That our economy and financial structure would ever become so fragile that if voters in Greece vote the wrong way on Sunday that we could be tipped into a double dip recession?

Greece, for crying out loud??

Our weakness and lack of political resolve didn't happen overnight. Our political process and economic system hasn't protected us from this. The politicians are totally self-centered and the private sector motivated only by profits, not any sort of national interest. I don't know what the answer is, but it certainly appears that the former strongest country in the world is helpless in the face of a bunch of greedy Greeks who don't want to give up their egregiously generous entitlements. But then, I guess Americans won't give up the entitlements that we can't afford either.

China doesn't seem too worried about the Greek elections. I guess because they have both a plan and $3 trillion in cash, it gives them a certain sense of security and independence.
  #2  
Old 06-14-2012, 11:17 AM
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Default VK is Absolutely on Target - Unfortunately!

Unfortunately, VK, it is the awful truth and everyone in DC has their collective head buried in the sand of self agrandizement!
  #3  
Old 06-16-2012, 09:28 PM
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Keep in mind there may have to be another (3rd) election depending on the outcome.
  #4  
Old 06-16-2012, 10:21 PM
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" and the private sector motivated only by profits."

That's a pretty blanket statement don't you think? But aside from that, isn't the purpose of a business to make a profit?

I will never understand why people hate private business but love the real thieves... Government. Obama sure does.

National interest? What is that? The government confiscating even more money from us so they can flush it down the toilet?
  #5  
Old 06-17-2012, 05:08 PM
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Well it appears from what I can see that the pro Euro group won but in such a close election, it may be just a temporary respite from worry.

Can the Greeks live under this ?
  #6  
Old 06-17-2012, 06:26 PM
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Did you ever think?

That those of us who live by the principle of "Don't spend more than you have coming in" would be the minority in this nation????

And that we would be called "greedy" and "racists" for insisting on this principle while the president happens to be bi-racial???
  #7  
Old 06-17-2012, 07:13 PM
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Default Right, But The Outcome Could Still Be Dire

Quote:
Originally Posted by Bucco View Post
Keep in mind there may have to be another (3rd) election depending on the outcome.
That's right. If none of the parties get a majority, they have to negotiate with one another to try to get a majority, "form a government". In this case, from what I've read, before there could be another election, Greece would run out of money, the banks would fail, and their separation from the European Union might become more certain than if they had actually formed a government.
 


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