Greece Truck Drivers Strike

Quote from Scataphagos:
Obama's RECKLESS SPENDING is bringing forward the day of reckoning, you know.
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Whoa, a person who actually blames Obama !! :eek:

Looks like Scataphagos is my buddy !! :D

The first black President is an utter disaster.
 
Quote from Petsamo:

Whoa, a person who actually blames Obama !! :eek:

Looks like Scataphagos is my buddy !! :D

The first black President is an utter disaster.
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He revealed himself as an ENEMY to everything America stands for... as well as being a TOTAL DICK... during the campaign.

Unfortunately, his lies and the promise of "free ice cream" blinded voters to the reality. :mad:

PS.. I hated Bush too... just not as much as Obama.
 
Quote from Scataphagos:



PS.. I hated Bush too... just not as much as Obama.
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Think about that.

Bush starts 2 wars, killing literally hundreds of thousands of people and sending thousands American man to their death and a multitude of that to a life of disability....


Yet... You hate Obama more because of his spending habits.

In the end I think this is a healthy and necessary evolution.

Americans needed to feel the consequences of the politicians they support themselves in order for a change to take place wouldnt you agree?
 
Quote from Misthos:

I'm in Greece right now, on an island in the Ionian. There is only one gas station that has gas near the capital city of Kefalonia Island. I passed by it about 2 hours ago and there was a line of cars about a half mile long.

The neghboring island of Zakynthos just furloughed all municipal workers. Police are funded by the state, so they are still employed. That island's local governemnt is as BROKE AS CALIFORNIA.

I hear that tourists that drove to Greece are stranded, ferries aren't running as often, hospital supplies aren't being delivered as frequently.

I spoke with friends of mine and they are frustrated and extremely self critical describing this as typical Greek stubborness.

My take? That's the easy answer to say that lazy greedy unions want money. I see the macro picture instead. It's a fucking global financial crisis and the manifestation of the symptoms of this crisis will unravel in ways no one can anticipate.

The global architecure of international trade and finance is crumbling - being held up by the spending of "stronger" countries. This is collapse mode.

Most will take the easy intellectual route and blame this current Greek crisis on a "weak and lazy people" narrative. To me, thats denial on just how fucked up things will get globally. Most don't want to face the fact that this will be affecting them, and where they live as well.
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Scares me to death!:eek:
 
Quote from Scataphagos:

Seems people and government don't get it... "Debt ALWAYS gets accounted for... by someone".

1. Live below your income and pay down the balance. (How much fun is THAT?)

2. Print currency to dilute the impact of repayment... but that leads to high/hyper inflation and currency debasement... plus wealth destruction of the citizenry.

3. Default.

SOMEBODY IS ALWAYS GOING TO SUFFER when it comes to settling up on debt. (Is it "suffering" to live below your means and pay off you debts... you know, like MOST CITIZENS?)

America has $13 Trillion of outstanding Federal debt. How are we going to settle on that? Who is going to take it in the shorts? And, when?

What will be the impact on the USA and on us citizens when the settle-up comes? Obama's RECKLESS SPENDING is bringing forward the day of reckoning, you know.
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Recall watching a recent story on cable... some guy said he was involved with "structuring Argentina's latest sovereign debt default".

The agreed upon solution....

1. SLASH Government spending.

2. SLASH tax rates.

3. Sovereign debt holders had to take a 50% hair cut.

After the reduced taxes and reduced government spending, Argentina is said to be doing much better... back to growth without present concerns about inflation.

Will America be forced to do something similar? If so, how soon? (Can you imagine if US Treasury holders lost 50% of their value in a settlement decree?)
 
Quote from Scataphagos:

America has $13 Trillion of outstanding Federal debt. How are we going to settle on that? Who is going to take it in the shorts? And, when?
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The simple questions to be answered, and the root of the problem:
Who has lend America $13 Trillion? Why?
Who collects the interest on that Capital?
Who has the authority to create UnitedStatesDollars and sells it to America for profit (interest)? And why?
That profit is a very nice risk free continuous income stream out of the country's treasury into the pockets of the ultimate lender(s)
The same goes for just about any country out there.

There is only one solution to all this.
 
Quote from SomeYoungGuy:

Why are the drivers on strike?
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""Greece's 33,000 licensed truck drivers went on strike this week to protest government plans to open up their industry and issue new licenses.
( The new licenses, or permits, will be MUCH cheaper than the one's these truck drivers had to pay to operate in Greece..and they're PISSED!!!!)

The government is required to make the changes under the terms of loan packages from the European Union and International Monetary Fund.""


""The Greek government ordered the country's armed forces to help deliver fuel as truck drivers voted to continue a contentious strike, state media reported.

Officials said Friday that military vehicles would be used to ensure the supply of fuel to airports, power plants and hospitals, and navy boats could help carry tanker trucks to islands, according to official news agency ANA.""

http://www.cnn.com/2010/WORLD/europe/07/30/greece.trucking.strike/
 
Unions ultimately destroy their host. They are parasites and they eventually kill any host organization that allows them to form.
 
Quote from IanMacQuaide:

The US Media is, for all practical purposes, ignoring this story.
Is this because we're rolling towards this scenario?
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It's because Greece is a pissant little country of no real significance to a power like the US.

Let the Germans fret about it, it's their Marks - sorry, Euros - at risk.
 
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