Greece wins more time but no immediate aid

Comments (2)
nixonfan wrote:

Europe will “lend” Greece another EUR 30 billion while simultaneously forgiving EUR 30 billion. There is no loan. From now on, aid to Greece will take the form of outright transfer from the working taxpayers of the north to the nontaxpaying Greeks. Now we know what OMT stands for: Outright Monetary Transfer. Wait till the Bundestag hears about this!

Nov 12, 2012 12:19pm EST  --  Report as abuse
EthicsIntl wrote:

The European Union elite have not learned a thing. Just look at how the American elite and super rich totally miscalculated the American people in last week’s elections.
And these are the same same people that control all of the wealth.

The EU elite have also miscalculated the Greek people and the Euro is bound to collapse.
If there was a national referendum to be held today in Greece, the overwhelming majority would vote for a Greek Euro exit. If this is not in the interest of Germany & other industrialized wealthy EU members, then it must be in the interest of the Greek people.

Perhaps an extreme right wing Greek party like Golden Dawn is just the right medicine, but recent history says that another Greek junta is more likely.

When corrupt governments, corrupt Banks & corrupt elites control the economies this is what you get. And it is nothing new, it has been going on for thousands of years, and yet no one seems to have learned anything.

Worldwide the rich are getting richer & the poor are getting poorer. This has even alarmed the Chinese government & they are giving it top priority in their upcoming new leadership.

Greed, addiction to money, power and material possessions has always prevailed in human nature, and we are supposed to be the most intelligent of creatures… BS !!!

Nov 12, 2012 12:24pm EST  --  Report as abuse
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