It's all Greek to me

[Misthos]

Quote from Misthos:

I live in New Jersey. We Lose A LOT to the Federal Gov't siphon. According to that chart - almost 40%!!!

As a result, our property taxes are amongst the highest in the nation. Granted, a lot of that goes to NJ corruption. But you know what?

It's still my money and yes, I'm pissed off about it. My town's main street suffers. Whether the money goes to another country or another state.... we lose.

You're argument isn't completely without merit, but I don't give it that much weight either.

edit:

And not to politicize this thread... but when NJ money, my money feeds some Alabaman or Mississippian that is against stem cell research because their bible says so... well, that REALLY pisses me off.

(sorry for the rant in this thread)

 

[Ivanovich]

Quote from Misthos:

edit:

And not to politicize this thread... but when NJ money, my money feeds some Alabaman or Mississippian that is against stem cell research because their bible says so... well, that REALLY pisses me off.

(sorry for the rant in this thread)

I lived in NJ for a long time (Morris County). I solved that by moving to Baltimore, MD.

Property taxes in 2008: $14,766
2009 in MD: $4700.

 

[Misthos]

Quote from Ivanovich:

I lived in NJ for a long time (Morris County). I solved that by moving to Baltimore, MD.

Property taxes in 2008: $14,766
2009 in MD: $4700.

So what are you saying? That Germans should move to Greece?



But yes, it's ridiculous what we pay in Jersey. I'm planning on moving out of Jersey.

 

[nutmeg]

Below is link with a few thougts. As far as my .02, I think but can't prove it but the French were po'd about LEH hence the next course of action was saving AIG.


http://seekingalpha.com/article/185...n-taxpayers-saved-european-banks?source=email

 

[makloda]

If the Germans had balls they should simply ask the Greek for territory in return. E.g. Corfu or Crete

For Spain the Germans would accept Mallorca as payment, and for Portugal Madeira would certainly be acceptable.

 

[Ivanovich]

Quote from Misthos:

So what are you saying? That Germans should move to Greece?



But yes, it's ridiculous what we pay in Jersey. I'm planning on moving out of Jersey.

Have you been to Greece? I'd move there! Santorini is right up my alley.

 

[Ivanovich]

Quote from makloda:

If the Germans had balls they should simply ask the Greek for territory in return. E.g. Corfu or Crete

For Spain the Germans would accept Mallorca as payment, and for Portugal Madeira would certainly be acceptable.

LOL! Now we're talking.

 

[Kassz007]

Quote from makloda:

If the Germans had balls they should simply ask the Greek for territory in return. E.g. Corfu or Crete

For Spain the Germans would accept Mallorca as payment, and for Portugal Madeira would certainly be acceptable.

Can't see any future problems with this solution....LOL

When do we start carving up USA territory for the Chinese?

 

[m22au]

Quote from makloda:

The EUR zone countries (aka "Germany/France and a couple of insignificant nations") will bail out Greece until the bitter end.

This is why I'm finding it hard to justify shorting EUR/USD as a "Greece play" or "PIIGS play".

While I understand the justification for it, I can't help but think that the PIIGS are only a small percentage of EUR economic activity, especially when compared to the stronger nation of Germany.

On the other hand, I'm happy to short GBP/USD because this pair only relates to two countries.

 

[Misthos]

Quote from Ivanovich:

Have you been to Greece? I'd move there! Santorini is right up my alley.

Been there 14 times since the late 1970s. Have friends and family there.

In the late 1960s, my parents emigrated from this greek island to move to New Jersey:

Don't get me wrong, I'm happy to have grown up and worked all my life in the US... but part of me is ready to move there. Gotten to the point where I'm disgusted with the rat race and can focus on freelancing and trading. Nowadays, with an internet connection, you can work anywhere.

May even restart some old family vineyards and try out winemaking.