Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts

Thursday, June 23, 2011

No "Right" To Opt Out!

How is it that the Greek people don't understand that their country is broke? Iceland understood it and forced their government to NOT bail out the banks. Their economy is picking up again, so short term pain led to long term gains.

Greece is only the first in serious trouble, Ireland, Portugal, and Spain are next. New Zealand went through this years ago and they recovered by selling off state assets, changing their health system, and getting rid of subsidies to farmers and businesses. What the Greeks fail to understand is that no-one is willing to buy their bonds anymore.

“After all, the scale of Greece’s problems means that markets may be reluctant to lend to Greece after the second bail-out package expires. What’s more, given the widespread opposition to the additional austerity measures, there remains a risk that the Greek government might eventually choose to default, regardless of whether a bailout package is in place.”
At some point, Germany is going to stop propping up these EU nations and start saving itself. If you have a mortgage and can't make the payments, sooner or later someone is going to come and boot you out onto the street, and everything will be lost. Greece should start packing its bags.

I guess we should look at Canada and see how the greedy unions are acting the same as the Greek people, expecting the government to bow down to their demands. At some point, the goodies have got to end, and the socialists just don't understand why. The NDP wants the postal strike to continue. So far it hasn't impacted our family except for fewer flyers. It is however impacting businesses big time, but it appears that the NDP would prefer to support unions over businesses. Why am I shocked?

Unions take dues from people who have no "right" to opt out. If that isn't communism/socialism, I'm not sure what would qualify.  Unions can even force members to donate to the political party that they dictate to be, the one to vote for. Unions could use the money they appropriate from their members to fund pensions, but that would put the onus on them to succeed, and that is simply beyond them.  

Friday, November 26, 2010

Dangerous People!

The PIGS are sinking, the EU is a bad idea, and the UN has become a dictators haven, other than that, everything is just fine. Or not.

First you need to listen to Nigel Farage:



Dangerous people! Dangerous mindsets!

Notice how big the socialist group is, and we think we have problems with the NDP?

The EU has propped up Greece, now Ireland is asking for help, next comes Portugal, and then Spain...better known as the PIGS. The EU is running out of money, what happens then? I hope it dissolves. 

The realisation that markets may not allow the euro zone to muddle along making only minor tweaks to its fiscal rules, as it did in its first decade, appears to be sinking in among European policymakers.
On Wednesday, the finance minister of euro newcomer Slovakia described the risk of a euro zone breakup as “very real,” a day after German Chancellor Angela Merkel told parliament the euro was in an “exceptionally serious” situation.
“This is a systemic crisis which requires a systemic response but we haven’t seen that so far,” said Mr. Lombardi. “This is being dealt with on a country by country basis, first Greece, now Ireland, and you can be sure they won’t be the last country.”
Let's see if I have this straight. Each country has municipal, provincial/state, and federal governments, then you add the EU, and don't forget the UN. Sovereign nations in the EU appear to be at risk. If  federal governments can dictate on immigration and foreign policy, does the EU policy supersede a nations government? If Ireland takes the EU bailout, they will be answerable to the EU, therefore they lose some of their sovereignty. What happens if your nation disagrees with a EU policy? 

A very smart politician warns the EU, but members walk out instead of listening to him:


Will the EU survive? I hope not, it is a first step towards a one world government. It started as a way to form a trading block and has become a way for some countries to overpower others. It needs to go the way of the climate change dictators. It is based on the wrongheaded "multicultural" concept, that even Germany's Merkel has denounced. Each EU member of parliament costs over 2 million dollars a year, and that doesn't account for all their other projects. 

Dangerous people is right!

Monday, May 03, 2010

Money Pits!

The government can not fix everything, but special interest groups rely on the government to keep their organizations running. It is a money pit.

Equalization is a Canadian tradition, take from the rich and give to the poor. Supposedly this will give the poor the same advantages as the rich and everything will become neutral. No rich, no poor. Equalization is a money pit. Saskatchewan and Newfoundland have taken responsibility for their own destiny and become HAVE provinces. The other have not provinces take the productive workers money because they feel they are entitled to it. Take PEI for example, they have the best potatoes I have ever tasted, it has something to do with the red soil. Do they bother to market them? I saw some in a store once here in Alberta.

How about what is happening to Greece? Their bonds have been rated as junk, they are in serious trouble, but the unions are protesting any disruption to their benefits. Are they really that stupid? Germany, one of the only productive nations in the EU, will have to bail Greece out to keep the Euro viable. What happens when Portugal, Spain and Ireland need help too? Money pits, with no end.

Canadian taxpayers spend 10 BILLION a YEAR on the First Nations, yet the reserves are disgusting places to live. Recently it has been reported that the Chief's are paying themselves $250,000 or more while their people live in over crowded homes. Money pits.

Then we get to the all important issue of aid to third world countries. Canada and every other western nation have poured trillions of dollars into helping developing countries and what has it done? Name one developing country that has become self sufficient with the help of aid. Money pits.

Equalization........................FAIL
EU helping socialist countries......FAIL
Indian Act..........................FAIL
Aid for third world countries.......FAIL

If something doesn't work, why continue to pour our tax dollars into these socialist schemes. It's time for the taxpayers to stand up and stop this charity for life institution.

It's a money pit and the more you throw into it, the more the people depend on government to solve all their problems.

As a taxpayer, I am sick and tired of supporting this culture of welfare.