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Greece Should Be Liquidated And Its People Sold Into Slavery

"The cheating is often quite bold. When tax authorities...
...,...,.,.,.,.,..,.,..,..,.,.,  05/15/12
lol
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
(Germany)
.,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,  05/15/12
What a fucking piece of trash country.
.......,.............;.;;;...;..;  05/15/12
sell the islands
rot13dood  05/15/12
LOL! Surely, if you all were brought up in a society wher...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Right, rotten to its core. Must be enslaved and the best ca...
wishiwerntapostr  05/15/12
And who exactly would do the enslaving? The banks who this...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
...
.,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,  05/15/12
...
rot13dood  05/15/12
Now that you mention it, there is a dearth of modern day sla...
wishiwerntapostr  05/15/12
Based on what I am reading, you appear to already be a moder...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
lol wut
wishiwerntapostr  05/15/12
It is too late for you already. Modern slavery isn't achieve...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
No, I want to take the Greek people, load them on to boats, ...
wishiwerntapostr  05/15/12
Yeah, I got that. But you're posting nonsense on xo, so you'...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
who threatened greece to borrow money?
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
*comes to xoxo seeking rational discussion about his motherl...
wishiwerntapostr  05/15/12
who forced the greeks to borrow money?
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Nobody, but it doesn't matter. Its not Greece's problem anym...
Earl of Sandwich  05/15/12
lol. nice flame that you have going on here
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
It's not flame. It's actually true.
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
the EU is a BANK to you morons?
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Sure why not, if they are giving money out? Why not take it....
Earl of Sandwich  05/15/12
they're giving money out on the condition that greece curb s...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
And borrowers never take the money first and then back out o...
Earl of Sandwich  05/15/12
Link to the EU lending facility please.
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
okay, so we're conflating federal reserve banks to goldman s...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Dude, EUROPEAN INVESTMENT BANKS loaned money to Greece. They...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
so the people living off the dole in Greece and not paying t...
Ed Harris beats his wife  05/15/12
Yes, it's parasitic that the Greek people live that kind of ...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
I dont think the banks have a lot to gain from a financial t...
Ed Harris beats his wife  05/15/12
Yet somehow without governments willing to go into debt, the...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
you're retarded, correct? do you know how debt markets work?...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Are you familiar with the law of transitivity? If creditor...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
180 flame
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Funny. Not flame.
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
180
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Yes, when in doubt about how to respond to someone who is ac...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
if greece keeps defaulting, its cost to borrow rises dramati...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Those costs are already astronomical, so by your logic of wh...
Earl of Sandwich  05/15/12
the euro won't be destroyed, but yes, greece is probably goi...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Yes the Euro can survive without Greece, but Greece is only ...
Earl of Sandwich  05/15/12
Obviously the country wouldn't be able to sustain itself wit...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Not flame brah.
Earl of Sandwich  05/15/12
Greetings, (Greek doctor in trendy neighborhood above Gucci...
Mance Gaydar  05/15/12
lol tyft
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
i know, that Jorah Mormont seems like a real badass so far
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/15/12
well you just have it all figured out, dont you retard
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/15/12
Why don't you substantively address anything I wrote on the ...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
because if you understood anything about the capital markets...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/15/12
I am by no means a mindless believer in Austrian economics a...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Greetings, link to any OWSer subscribing to the Austrian sc...
Mance Gaydar  05/15/12
Just quoting the OP I was responding to. It's my understandi...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Greetings, Yeah, and I meant my poast more as actual curios...
Mance Gaydar  05/15/12
So what is the origination of the loans?
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
Soc Gen, BNP, Dexia, Credit Agricole, etc.,'s debt balance s...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
why do you say they never truly earned the $?
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
Because they did not get it from their clients/customers. Th...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
I'm not sure I follow. Wealthy european countries gave (loa...
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
No, the ECB and various government credit/lending facilities...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
nice setup for those banks
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
181 flame
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
"Hey, I know what I'll do. I'll commend him on his bril...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
lol. can i subscribe to your newsletter?
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Wit is not your strong suit, my friend.
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
i'm appalled, brother.
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
big banks provide no financial value to consumers? free mark...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Big *investment* banks provide no financial value to consume...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
you do understand the relationship between farmers, futures ...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Do you know what illiterate means? You must have meant finan...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program#P...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
You seem dumb because nowhere in my statement did I indicate...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
The TARP and PPIP distressed investment programs benefited a...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/15/12
Futures markets weren't responsible for the financial crisis...
SuperTrader  05/15/12
"Individual traders and hedge funds" present syste...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Lol at "systemic failure". There is no such thing....
SuperTrader  05/15/12
great depression. look it up
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Post great depression there was something called Glass-Stega...
SuperTrader  05/15/12
...
and when i started to squeeze the bar brother  05/15/12
Lol, if something analogous happened between 2,000 and 150 y...
All Sex is Rape  05/15/12
A different way to look at it: http://www.youtube.com/wat...
Earl of Sandwich  05/15/12
Very big fan of this guy.
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
I'm part Greek and completely agree with this parody. The EU...
Earl of Sandwich  05/15/12
Same here, half-Greek and agree with it 100%. It's funny to ...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Exactly! Greeks aren't giving up their sovereingty and count...
Earl of Sandwich  05/15/12
It would be glorious actually. See that whole fucking projec...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Would be great if that happened and I think it will. Iceland...
Earl of Sandwich  05/15/12
Greece goes bankrupt approximately once per generation
" " " "  05/15/12
ha!
All Sex is Rape  05/15/12
The statement that Greece was doing great for thousands Of y...
" " " "  05/15/12
Please do elaborate broseph.
Earl of Sandwich  05/15/12
You need to have a bigger market nad more mobile labor force...
..........,.  05/15/12
Elaborate on this statement. What, specifically, are you add...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Is this flame? Pls. explain why you need a common currency f...
Earl of Sandwich  05/15/12
Think about how having a common currency int he US makes the...
..........,.  05/15/12
yes, but imagine if alabama leeched on the system, kept spen...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
No. There are zero similarities. Why are you judging a 10 ye...
..........,.  05/15/12
the eu is as large as the united states, moron. greece is 2%...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Currency conversion is nbd in today's wired world broseph
" " " "  05/15/12
Dumb comparison. The US is one nation, the EU isn't and neve...
Earl of Sandwich  05/15/12
except the greeks would be inflation-pwned if they maintaine...
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
"Parasitic elements"=euphenism for Jews.
SuperTrader  05/15/12
You said that. Not me.
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
"and if they have to bankrupt every European bank and e...
.,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.  05/15/12
So what? Banks inlcuding US ones make bad investments all th...
Earl of Sandwich  05/15/12
Yeah, but it's not just Greek debt. It's Spain, Italy, etc....
.,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.  05/15/12
See above. I believe the Euro in its current form is not goi...
Earl of Sandwich  05/15/12
pretty much. except all that "wealth" which was c...
.,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.  05/15/12
I agree certain banks would suffer and bondholders would be ...
Earl of Sandwich  05/15/12
Greetings, 180 his Greek accent is basically German with so...
Mance Gaydar  05/15/12
No thanks! (Rowan)
SJM  05/15/12
I learned this weekend that when an eu technocrat was brough...
Proledrift  05/15/12
It's not real. It's not a real number because it's not real ...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
there is a price to be paid if you want to be elevated into ...
Ed Harris beats his wife  05/15/12
well what did the Greeks use it for?
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
...
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
grossly inflated public sector wages, early retirement, and ...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/15/12
sounds like a dream place to get a gov job
.,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:  05/15/12
right. the protests in athens are basically foot soldiers of...
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/15/12
WTF is your argument?
.,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.  05/15/12
Too complicated for you to follow, clearly.
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
Listen you psychofaggot, the Greeks borrowed too much money ...
Proledrift  05/15/12
180 screed
,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,  05/15/12
The Greeks understated their deficits via bespoke, clever ac...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
I have related facts to you.
Proledrift  05/15/12
"penis"
jihad  05/15/12
this was hilarious after reading CM or whatever's post above...
All Sex is Rape  05/15/12
Doublespeak?
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
The retards that lent Greece money should be fired, have all...
Talib Kweli  05/15/12
lol no. The job creators were forced to lend to Greece becau...
LathamTouchedMe  05/15/12
If only the job creators had more clout among the law-making...
Talib Kweli  05/15/12
LOLOLOL at this fantasy land. at worse, those retards shoul...
Slow Children Playing  05/15/12
Fuck this board. It appears half this board's knowledge of t...
...,.....,,,....,,,,,,....,,,.,.,,,,..,.,,,.......  05/15/12
lol
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
It is not exactly a secret the Greeks don't pay taxes. Ther...
..,.,;..;...;:..;.,...;..,..:.,....  05/15/12
...
..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,.....  05/15/12
(Xerxes)
Nick Saban Glaring at you in a Sizzler  05/15/12


Poast new message in this thread



Reply

Date: May 15th, 2012 11:40 AM
Author: ...,...,.,.,.,.,..,.,..,..,.,.,

"The cheating is often quite bold. When tax authorities recently surveyed the returns of 150 doctors with offices in the trendy Athens neighborhood of Kolonaki, where Prada and Chanel stores can be found, more than half had claimed an income of less than $40,000. Thirty-four of them claimed less than $13,300, a figure that exempted them from paying any taxes at all."

http://www.nytimes.com/2010/05/02/world/europe/02evasion.html?_r=2&th&emc=th

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696095)



Reply

Date: May 15th, 2012 11:43 AM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

lol

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696107)



Reply

Date: May 15th, 2012 11:43 AM
Author: .,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,

(Germany)

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696109)



Reply

Date: May 15th, 2012 11:44 AM
Author: .......,.............;.;;;...;..;

What a fucking piece of trash country.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696116)



Reply

Date: May 15th, 2012 11:47 AM
Author: rot13dood

sell the islands

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696133)



Reply

Date: May 15th, 2012 11:47 AM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

LOL!

Surely, if you all were brought up in a society where all of your successful peers were evading taxes with no threat of imprisonment, let alone a fine, you would all do the right thing and pay taxes. You would be the bigger person and pay taxes to the government for the sake of your country's finances and paying down phantom debt imposed on your country by foreign-owned institutions who, by the way, created the money out of thin air and charge very high interest on it.

LOL @ the sheer level of ignorance on xo when it comes to matters of international affairs, especially Greece.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696134)



Reply

Date: May 15th, 2012 11:49 AM
Author: wishiwerntapostr

Right, rotten to its core. Must be enslaved and the best can reearn their freedom.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696141)



Reply

Date: May 15th, 2012 11:54 AM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

And who exactly would do the enslaving?

The banks who this debt is owed to?

LOL. One of the greater achievements of modern finance, and public relations, is the mass cultivation of useful idiots, such as yourself, frothing at the mouth in advocating for an institution that has no benefit to you personally. All the free-market, corporatist cheerleaders who, more often than not, get fucked by the system - are usually the ones doing all of the chest-thumping and loud, ignorant supporting.

Congrats on your indoctrination/programming, brother. Congrats on your allegiance to a false idea over your fellow bros.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696159)



Reply

Date: May 15th, 2012 11:55 AM
Author: .,,..,..,.,..:,,:,...,:::,.,.,:,.,.:.,:.,:.,:,



(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696162)



Reply

Date: May 15th, 2012 11:55 AM
Author: rot13dood



(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696166)



Reply

Date: May 15th, 2012 12:07 PM
Author: wishiwerntapostr

Now that you mention it, there is a dearth of modern day slavers. How would one get into this?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696217)



Reply

Date: May 15th, 2012 12:19 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Based on what I am reading, you appear to already be a modern day slave. Such is the nature of your servitude that you must think you are actually fee.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696257)



Reply

Date: May 15th, 2012 12:20 PM
Author: wishiwerntapostr

lol wut

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696258)



Reply

Date: May 15th, 2012 12:23 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

It is too late for you already. Modern slavery isn't achieved on the plantations, it's achieved physically, through debt enslavement (advertising/marketing, mortgages, student loans, consumer credit, insider manipulation of markets) and psychologically, in the mind, through mass perception-altering via the entertainment industry, the media, technology, overstimulation, etc., If you are this blind, at this point, you will probably blissfully stay that way for the remainder of your years.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696279)



Reply

Date: May 15th, 2012 12:25 PM
Author: wishiwerntapostr

No, I want to take the Greek people, load them on to boats, and make them build stuff for me or fight in wars for me.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696290)



Reply

Date: May 15th, 2012 12:27 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Yeah, I got that. But you're posting nonsense on xo, so you'll probably never be in a position to make that happen if it were even possible, which it's not.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696296)



Reply

Date: May 15th, 2012 12:27 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

who threatened greece to borrow money?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696304)



Reply

Date: May 15th, 2012 12:28 PM
Author: wishiwerntapostr

*comes to xoxo seeking rational discussion about his motherland*

*disappointed*

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696312)



Reply

Date: May 15th, 2012 12:27 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

who forced the greeks to borrow money?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696301)



Reply

Date: May 15th, 2012 12:30 PM
Author: Earl of Sandwich

Nobody, but it doesn't matter. Its not Greece's problem anymore. If you owe the bank a million dollars, you have a problem, if you owe tha bank a billion dollars, the bank has a problem. Same analogy applies here.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696323)



Reply

Date: May 15th, 2012 12:32 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

lol. nice flame that you have going on here

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696336)



Reply

Date: May 15th, 2012 12:33 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

It's not flame. It's actually true.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696344)



Reply

Date: May 15th, 2012 12:34 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

the EU is a BANK to you morons?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696353)



Reply

Date: May 15th, 2012 12:37 PM
Author: Earl of Sandwich

Sure why not, if they are giving money out? Why not take it. I don't care what the EU is and could care less if it flames out, which is looking increasingly likely.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696368)



Reply

Date: May 15th, 2012 12:43 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

they're giving money out on the condition that greece curb spending habits.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696385)



Reply

Date: May 15th, 2012 1:02 PM
Author: Earl of Sandwich

And borrowers never take the money first and then back out of their committments. Look up the word "default".

Those conditions mean nothing because I can assure you most Greeks could care less for the EU.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696469)



Reply

Date: May 15th, 2012 12:37 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Link to the EU lending facility please.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696367)



Reply

Date: May 15th, 2012 12:41 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

okay, so we're conflating federal reserve banks to goldman sachs and jp morgan now? what would you do if alabama kept defaulting, won't curb spending habits, and kept expecting to be bailed out?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696380)



Reply

Date: May 15th, 2012 12:48 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Dude, EUROPEAN INVESTMENT BANKS loaned money to Greece. They are the ones demanding, via the EU/ECB/IMF, to have their loans paid back. Those same European investment banks were bailed out several times over by the ECB/IMF and afforded far greater terms of repayment than Greece ever was or ever will be. It's a rigged game, Greece is the target, and until you stop giving parasitic bankers, who lend money to governments at a profit, the benefit of a doubt, you will never realize this! They just throw words around, back it up with Econ PhDs, and hope they can get away with it. People like you ensure that they do.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696401)



Reply

Date: May 15th, 2012 12:50 PM
Author: Ed Harris beats his wife (earl)

so the people living off the dole in Greece and not paying their taxes are no parasitic?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696413)



Reply

Date: May 15th, 2012 12:54 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Yes, it's parasitic that the Greek people live that kind of lifestyle, but it's not akin to what I am describing - at all. The government in Greece went into debt providing more for it's citizens than it could afford. I don't think you can equate a social problem, like people thinking to themselves "why should I be an asshole and pay taxes when literally everyone I know doesn't and there are no consequences", to bankers licking their lips and looking @ Greece as a prime target for a financial takeover, which is what I am describing.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696428)



Reply

Date: May 15th, 2012 1:00 PM
Author: Ed Harris beats his wife (earl)

I dont think the banks have a lot to gain from a financial takeover. They would have preferred to have their loans repaid with the interest contracted for.

going into debt to provide for your citizens (or go to war) is how the problem always starts.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696458)



Reply

Date: May 15th, 2012 1:05 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Yet somehow without governments willing to go into debt, the entire facade of international finance begins to crumble. It's by design and they do have a lot to gain from a financial takeover especially when you consider how many people in positions of ample financial resources have access to market-moving information while it's happening/before it's happening. They want a corporate/banker takeover of Greek national assets. Germans wanted Greece's fucking gold as collateral for Christ sake.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696482)



Reply

Date: May 15th, 2012 12:53 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

you're retarded, correct? do you know how debt markets work?

CREDITORS want their money from greece, which they LOANED. greece wants MONEY FROM THE ECB to pay off those CREDITORS. if CREDITORS don't get their money back, greece defaults. and defaults. and defaults. and defaults. credit ratings on bonds plummet. yields rise. guess what happens to the EURO.

you seem retarded

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696424)



Reply

Date: May 15th, 2012 12:59 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Are you familiar with the law of transitivity?

If creditors want their money from Greece, and Greece wants money from the ECB to pay off those creditors, Greece still owes money to those banks - the ECB is a conduit for that potential transfer and an added political elements in the game they play.

I don't blame you for being such an ill-informed mouthpiece, because the bankers really are good at doing what they do. But until you stop viewing this as a noble quest from these good-standing lenders to get back what is rightfully theirs, then you will never understand the scope or magnitude of what is actually going on with respect to the widespread insider market manipulation that goes on in currency markets.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696454)



Reply

Date: May 15th, 2012 1:01 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

180 flame

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696466)



Reply

Date: May 15th, 2012 1:02 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Funny. Not flame.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696470)



Reply

Date: May 15th, 2012 1:04 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

180

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696478)



Reply

Date: May 15th, 2012 1:06 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Yes, when in doubt about how to respond to someone who is actively engaging you on the merits, just respond with meaningless 180s and irrelevant statements.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696486)



Reply

Date: May 15th, 2012 1:09 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

if greece keeps defaulting, its cost to borrow rises dramatically. the country wouldn't be able to sustain itself without massive ecb intervention, which destroys the euro (and everyone else in effect). you seem like a 180+ flame though.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696495)



Reply

Date: May 15th, 2012 1:14 PM
Author: Earl of Sandwich

Those costs are already astronomical, so by your logic of what would happen, the choice for Greece is really simple:

a) Keep borrowing at abusrdly high costs and see if the Euro is saved, but make yourself poorer.

b) Keep defaulting, destroy the Euro, clear debts by going back to Drachma, but everyone else is fcked in the process.

Choice B is far more attactive from Greece's perspective, so you can't blame them. If you can clear all your student loan/credit card debt/mortgage/whatever other debt, but screw everyone else in the process, would you do it?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696516)



Reply

Date: May 15th, 2012 1:21 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

the euro won't be destroyed, but yes, greece is probably going with option b within 2-4 months.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696549)



Reply

Date: May 15th, 2012 1:28 PM
Author: Earl of Sandwich

Yes the Euro can survive without Greece, but Greece is only the tip of the Iceberg. Italy and Spain are next, and these countries are much larger than Greece. The Euro cannot survive in its current form.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696572)



Reply

Date: May 15th, 2012 1:14 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Obviously the country wouldn't be able to sustain itself with the massive debt load it has, regardless of any inevitable default that is already, surely, priced into the market. That's my point. I'm advocating to just remove themselves from the system entirely a la Iceland. I'm not flaming, you are just really that detached from the truth/reality about the GAME of international finance. They should act in their interest. Not in Deutsche Bank's.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696518)



Reply

Date: May 15th, 2012 12:36 PM
Author: Earl of Sandwich

Not flame brah.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696363)



Reply

Date: May 15th, 2012 12:46 PM
Author: Mance Gaydar (Greetings)

Greetings,

(Greek doctor in trendy neighborhood above Gucci store)

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696395)



Reply

Date: May 15th, 2012 8:15 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

lol tyft

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698765)



Reply

Date: May 15th, 2012 12:28 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

i know, that Jorah Mormont seems like a real badass so far

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696311)



Reply

Date: May 15th, 2012 12:07 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

well you just have it all figured out, dont you retard

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696219)



Reply

Date: May 15th, 2012 12:20 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Why don't you substantively address anything I wrote on the merits instead of retorting with something that, literally, a six year would would say.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696261)



Reply

Date: May 15th, 2012 12:25 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

because if you understood anything about the capital markets, you would know that money isn't just created out of thin air. All paper currency is a derivative tied to an underlying index. In the case of fiat money, that index is confidence. Every policy has its price, and there's no such thing as a free lunch. Stop learning your economics from OWS/Paultards.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696289)



Reply

Date: May 15th, 2012 12:32 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

I am by no means a mindless believer in Austrian economics a la certain elements of OWS/Ron Paul camp. You're misconstruing my statement to be a condemnation of all modern capital markets. My question to you is... what is the origination of the loans that Greece has to pay back? I'm not engaging you in a conversation about the merits of fiat money because that's not what I was criticizing.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696342)



Reply

Date: May 15th, 2012 12:49 PM
Author: Mance Gaydar (Greetings)

Greetings,

link to any OWSer subscribing to the Austrian school?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696404)



Reply

Date: May 15th, 2012 12:50 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Just quoting the OP I was responding to. It's my understanding the OWSers, by and large, are unashamed socialists.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696414)



Reply

Date: May 15th, 2012 12:53 PM
Author: Mance Gaydar (Greetings)

Greetings,

Yeah, and I meant my poast more as actual curiosity, not like I was challenging any substantive posts made ITT

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696425)



Reply

Date: May 15th, 2012 12:53 PM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

So what is the origination of the loans?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696426)



Reply

Date: May 15th, 2012 1:01 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Soc Gen, BNP, Dexia, Credit Agricole, etc.,'s debt balance sheet, replenished time and time again by central banks and other government lending facilities. They have the privilege of loaning money they never truly/earned in the first place and charging interest on it. Beautiful gig, if you can get it.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696463)



Reply

Date: May 15th, 2012 1:07 PM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

why do you say they never truly earned the $?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696488)



Reply

Date: May 15th, 2012 1:08 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Because they did not get it from their clients/customers. They did not get it from making smart trades, or realizing investments. They got it as a handout from a government for simply being a financial institution.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696491)



Reply

Date: May 15th, 2012 1:09 PM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

I'm not sure I follow. Wealthy european countries gave (loaned?) these banks money, and the banks in turn loaned it to Greece?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696494)



Reply

Date: May 15th, 2012 1:10 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

No, the ECB and various government credit/lending facilities provide liquidity and access to capital, to borrow, to banks, who in turn loan it at a higher interest rate to sovereign governments for a profit.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696497)



Reply

Date: May 15th, 2012 1:12 PM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

nice setup for those banks

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696509)



Reply

Date: May 15th, 2012 1:15 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

181 flame

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696521)



Reply

Date: May 15th, 2012 1:16 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

"Hey, I know what I'll do. I'll commend him on his brilliant 'flame' every change I get, as to weaken his points."

Just give it a rest, bro.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696525)



Reply

Date: May 15th, 2012 1:17 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

lol. can i subscribe to your newsletter?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696532)



Reply

Date: May 15th, 2012 1:18 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Wit is not your strong suit, my friend.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696534)



Reply

Date: May 15th, 2012 1:22 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

i'm appalled, brother.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696552)



Reply

Date: May 15th, 2012 12:26 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

big banks provide no financial value to consumers? free markets provide no financial value to consumers? lol @ this moron.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696293)



Reply

Date: May 15th, 2012 12:36 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Big *investment* banks provide no financial value to consumers. Explain to me how a debt capital markets team, covering corporates, impacts an average citizen. How does a derivatives trader add value to the lives of most people in the world? An M&A banker is really providing "financial value to consumers", how?

Free markets are not free markets anymore. In case you haven't realized, large banks are entitled to government subsidization of their mistakes/bets under the guise of maintaining systemic integrity/risk management. However, when times are good - those profits are privatized. You can't have it both ways.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696366)



Reply

Date: May 15th, 2012 12:38 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

you do understand the relationship between farmers, futures markets, and how food prices are stabilized for the average consumer, don't you? that's just one small element of big corporate finance. further, banks invest for pension funds and 401ks. guess who benefits? further, the banks repaid their TARP funds, with great interest rates to taxpayers (e.g. Goldman gave us 20% more than what we gave them).

you seem illiterate, lil bruh.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696371)



Reply

Date: May 15th, 2012 12:44 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Do you know what illiterate means? You must have meant financially illiterate. How ironic.

The commodities business is a FRACTION of bank's profits and considered to be relatively low-rent relative to their government bond/corporate credit/derivatives/currencies businesses. You're describing a small element of corporate finance and implying that without these institutions and exchanges, food prices would be unstable. You do understand the mass manipulation of commodity (agricultural, metals, oil, gas) prices that can be attributed to self-interested financial players, both on the sell side and buyside, right? I don't think you do.

While you're at it, please articulate to me how "interest paid to taxpayers" (LOL) impacted a single American? Large amounts of TARP funds were used to make bets, probably with insider information, as opposed to lending and ensuring liquidity in market-making operations.

You are like a banker's wet dream. Drinking all the kool-aid and evangelizing others to do the same. You'd be an interesting clinical study for a medical researcher studying the effects of propaganda on the brain.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696388)



Reply

Date: May 15th, 2012 12:47 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

http://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program#Participants

pensions, 401ks, savings accounts, commercial financing, bridge loans, securitization don't benefit the average consumer, huh?

you seem dumb.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696398)



Reply

Date: May 15th, 2012 12:49 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

You seem dumb because nowhere in my statement did I indicate anything to the contrary.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696406)



Reply

Date: May 15th, 2012 5:07 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

The TARP and PPIP distressed investment programs benefited a shit-ton of institutionals, some of which were managing funds on behalf of retail customers. How is that not "impacting a single American"?

Under your line of reasoning, would they need to mail unsolicited checks to households in order to "benefit" them?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697611)



Reply

Date: May 15th, 2012 12:46 PM
Author: SuperTrader

Futures markets weren't responsible for the financial crisis. Neither were pension funds and 401Ks. These aspects of the financial system would still be in tact even if you let the banks fail, which we should have. Individual traders and hedge funds don't get bailed out for making bad bets, neither should banks.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696392)



Reply

Date: May 15th, 2012 12:49 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

"Individual traders and hedge funds" present systemic failure to the economy, now?

lots of econ retards ITT.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696409)



Reply

Date: May 15th, 2012 12:53 PM
Author: SuperTrader

Lol at "systemic failure". There is no such thing. Too big to fail=too big to exist.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696423)



Reply

Date: May 15th, 2012 12:54 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

great depression. look it up

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696427)



Reply

Date: May 15th, 2012 12:58 PM
Author: SuperTrader

Post great depression there was something called Glass-Stegall which meant banks couldn't be in the betting business and manage your 401K, mortgatge, etc if they didn't clearly separate those activities. It worked well for decades, was then repealed, and few years later we had a financial crisis. Again, if you are talking about a private institution that is making speculative bets, too big to fail=too big to exist.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696450)



Reply

Date: May 15th, 2012 12:23 PM
Author: and when i started to squeeze the bar brother (service guarantees citizenship)



(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696276)



Reply

Date: May 15th, 2012 11:57 AM
Author: All Sex is Rape

Lol, if something analogous happened between 2,000 and 150 years ago, Germany/Prussia/Rome/HRE/etc would just march down to Greece and do exactly that (plus rape-rape)

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696179)



Reply

Date: May 15th, 2012 12:04 PM
Author: Earl of Sandwich

A different way to look at it:

http://www.youtube.com/watch?v=Zvl9N9GdraQ&feature=fvwrel

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696204)



Reply

Date: May 15th, 2012 12:04 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Very big fan of this guy.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696205)



Reply

Date: May 15th, 2012 12:07 PM
Author: Earl of Sandwich

I'm part Greek and completely agree with this parody. The EU was a shitty idea.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696218)



Reply

Date: May 15th, 2012 12:08 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Same here, half-Greek and agree with it 100%. It's funny to hear the parallels between him and the old Greek men in the cafes in Astoria and Athens.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696224)



Reply

Date: May 15th, 2012 12:15 PM
Author: Earl of Sandwich

Exactly! Greeks aren't giving up their sovereingty and country to the EU and their bankers, and if they have to bankrupt every European bank and economy in the process, so be it, I could care less for the parasites. I personally think it would be entertaining to watch the EU in shambles.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696248)



Reply

Date: May 15th, 2012 12:18 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

It would be glorious actually. See that whole fucking project fail. It would be great if they pulled an Iceland and just kicked all of the parasitic elements out of their country entirely... went back to the drachma and enjoyed an influx of tourism.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696254)



Reply

Date: May 15th, 2012 12:22 PM
Author: Earl of Sandwich

Would be great if that happened and I think it will. Iceland is doing just fine without the bankers and money changers. Greeks were doing great for thousands of years without the euro, and will be fine after its gone.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696269)



Reply

Date: May 15th, 2012 12:23 PM
Author: " " " "

Greece goes bankrupt approximately once per generation

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696274)



Reply

Date: May 15th, 2012 12:28 PM
Author: All Sex is Rape

ha!

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696308)



Reply

Date: May 15th, 2012 12:31 PM
Author: " " " "

The statement that Greece was doing great for thousands Of years Reveals shocking ignorance Of greece's history

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696325)



Reply

Date: May 15th, 2012 3:03 PM
Author: Earl of Sandwich

Please do elaborate broseph.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697000)



Reply

Date: May 15th, 2012 12:23 PM
Author: ..........,.

You need to have a bigger market nad more mobile labor force. Jesus Christ! Grow up!

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696272)



Reply

Date: May 15th, 2012 12:24 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Elaborate on this statement. What, specifically, are you addressing?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696282)



Reply

Date: May 15th, 2012 12:25 PM
Author: Earl of Sandwich

Is this flame? Pls. explain why you need a common currency for a larger market and more mobile labor force. Why do you need give up national sovereignty? These things aren't mutually exclusive.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696284)



Reply

Date: May 15th, 2012 12:28 PM
Author: ..........,.

Think about how having a common currency int he US makes the mobility of its labor force and its shared marketplace possible. Transfer thought to EU.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696314)



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Date: May 15th, 2012 12:31 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

yes, but imagine if alabama leeched on the system, kept spending with no fear of default, paid no taxes, and expected the entire nation to bail them out every time they near bankruptcy. that's greece on the eu

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696328)



Reply

Date: May 15th, 2012 12:33 PM
Author: ..........,.

No. There are zero similarities. Why are you judging a 10 year old federal system by the accomplishments of a 200 year old federal system? Zero parallels.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696348)



Reply

Date: May 15th, 2012 12:35 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

the eu is as large as the united states, moron. greece is 2% of the eu. alabama has a similar ratio to the usa

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696358)



Reply

Date: May 15th, 2012 12:32 PM
Author: " " " "

Currency conversion is nbd in today's wired world broseph

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696334)



Reply

Date: May 15th, 2012 12:34 PM
Author: Earl of Sandwich

Dumb comparison. The US is one nation, the EU isn't and never has been. Unification of Europe is something that been tried and failed before multiple times, this is hardly the first, and the outcome will be no different.

Again you don't need one country for a shared marketplace. This is why you have trade, free trade agreements, do business with each other etc, nowhere does this require a common currency or being subservient to forces outside the nation.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696351)



Reply

Date: May 15th, 2012 12:29 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

except the greeks would be inflation-pwned if they maintained their spending habits. yfwgi, though

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696315)



Reply

Date: May 15th, 2012 12:39 PM
Author: SuperTrader

"Parasitic elements"=euphenism for Jews.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696374)



Reply

Date: May 15th, 2012 12:49 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

You said that. Not me.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696411)



Reply

Date: May 15th, 2012 1:31 PM
Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.

"and if they have to bankrupt every European bank and economy in the process, so be it, I could care less for the parasites. I personally think it would be entertaining to watch the EU in shambles."

yeah unfortunately, i would bet a lot of American banks would also be exposed.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696585)



Reply

Date: May 15th, 2012 3:05 PM
Author: Earl of Sandwich

So what? Banks inlcuding US ones make bad investments all the time (JPM lost lost 2 billion, that's probably more than all the Greek debt they have). If the banks were dumb enough to buy a crap product, they deserve to be exposed and lose money--that's how a free market should work.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697014)



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Date: May 15th, 2012 3:40 PM
Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.

Yeah, but it's not just Greek debt. It's Spain, Italy, etc. I agree that the banks should be allowed to fail but also recognize that this would destabilize the global financial order. wtf would happen the day after?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697185)



Reply

Date: May 15th, 2012 3:45 PM
Author: Earl of Sandwich

See above. I believe the Euro in its current form is not going to last, and that's for the better. WFT is "global financial order"? Nothing more than European countries giving their sovereighty to central bankers, if this is what you mean, I sure hope its destabilized and destroyed.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697202)



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Date: May 15th, 2012 4:00 PM
Author: .,.,...,;..,.,.,:,,:,.;..,:::,....,:,.,.:.:.,:::,.

pretty much. except all that "wealth" which was created by the banks will evaporate into thin air. bondholders would be wiped out, stock mkt would collapse, retirement portfolios gone, basically a deflationary abyss. not sure if europe has a FDIC equivalent but if not, you'd see bank runs as well.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697274)



Reply

Date: May 15th, 2012 4:06 PM
Author: Earl of Sandwich

I agree certain banks would suffer and bondholders would be wiped out. I don't agree that the stock market would collapse. The US banks don't have significant exposure to this debt. If the Euro breaks into individual currencies, US companies like Apple, Exxon, IBM, GE, etc will still do business in Europe, that's not changing and these companies don't care if they sell their product in euros or duetchmarcs/francs/drachmas/lira. Also there have been defaults and currency crisis before (Argentina, Asian countries) and our markets came out okay.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697301)



Reply

Date: May 15th, 2012 12:53 PM
Author: Mance Gaydar (Greetings)

Greetings,

180 his Greek accent is basically German with some Russian thrown in i love it

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696422)



Reply

Date: May 15th, 2012 12:29 PM
Author: SJM

No thanks! (Rowan)

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696319)



Reply

Date: May 15th, 2012 12:29 PM
Author: Proledrift

I learned this weekend that when an eu technocrat was brought in to asses the true deficit for them his number was so uncomfortably high that they theyre now going to charge him with some kind of crime against the state. What a bunch of monkeys.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696320)



Reply

Date: May 15th, 2012 12:39 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

It's not real. It's not a real number because it's not real money. What did the Greeks use all of this money for? Infrastructure building? Providing liquidity in their own capital markets to other European bankers? You have no idea what the fuck you're talking about. You read a few FT and WSJ articles about the crisis and all of the sudden you're well-qualified to assess, no - praise, the viability of a biased, agenda-driven EU technocrat's statement? Your statements imply a very immature and stunted perspective on how the world actually works. Not how it's reported to work by the powers that be.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696377)



Reply

Date: May 15th, 2012 12:46 PM
Author: Ed Harris beats his wife (earl)

there is a price to be paid if you want to be elevated into the first world.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696391)



Reply

Date: May 15th, 2012 12:52 PM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

well what did the Greeks use it for?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696421)



Reply

Date: May 15th, 2012 1:09 PM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:



(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696496)



Reply

Date: May 15th, 2012 3:45 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

grossly inflated public sector wages, early retirement, and generous benefit packages, coupled by inability to enforce domestic tax collection and massive overborrowing incentivized by low rates (for years, they were able to borrow at germany's cost). From wiki: The country's public debt-to-GDP ratio stood at 165.3% of nominal gross domestic product in 2011.

the "austerity" measures that everyone hates are basically bringing the wages back down to earth and slashing the pensions. Something that shouldve happened under any sensible pay as you go system and lending based on borrower creditworthiness rather than on its implicit guarantors'

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697204)



Reply

Date: May 15th, 2012 7:00 PM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

sounds like a dream place to get a gov job

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698387)



Reply

Date: May 15th, 2012 10:14 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

right. the protests in athens are basically foot soldiers of the public sector unions.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20699811)



Reply

Date: May 15th, 2012 12:56 PM
Author: .,.,,..,,,..,,.,.,,..,,,..,,.,.,.,..,.,.,.,,.,,.,.

WTF is your argument?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696439)



Reply

Date: May 15th, 2012 1:02 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Too complicated for you to follow, clearly.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696468)



Reply

Date: May 15th, 2012 5:17 PM
Author: Proledrift

Listen you psychofaggot, the Greeks borrowed too much money and pissed it away in short order. Then they understated their deficits for political reasons and when the new govt came in a told the world what the more realistic numbers were potential lenders told Greece to fuck off. Greeks are petulant little mutants who are I'll-equipped to keep their shitty little house in order. You're lucky the Germans were neutered by the 20th century, shitheel. Go choke on a gyro.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697689)



Reply

Date: May 15th, 2012 6:29 PM
Author: ,;.;,.;.,;.,;.;,.;,.;,.;,.;,.;,.,;.,;.,;.,.;.,;.;,

180 screed

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698177)



Reply

Date: May 15th, 2012 8:42 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

The Greeks understated their deficits via bespoke, clever accounting techniques literally crafted for them by Goldman Sachs (BTW, founded by two Bavarian immigrants in NYC 100+ years ago) for the larger benefit of the financial community - not for Greece's long-term benefit. The people were taken advantage of by eternally-savvy bankers and corrupt politicians.

As you indicated, the Germans were, indeed, neutered by the 20th century, but waging economic warfare in the hopes of achieving their dream of a Deutsche-dominated Europe is still a plague that must be stopped. Nation states should persist and there is no mutual benefit in establishing a United States of Europe. Luckily for euroskeptics, and proponents of democracy everywhere, the EU is doing a fine job of imploding on its own. Looks like your gal Merkel is losing some support in the mother country too.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698934)



Reply

Date: May 15th, 2012 5:19 PM
Author: Proledrift

I have related facts to you.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697699)



Reply

Date: May 15th, 2012 12:50 PM
Author: jihad

"penis"

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20696416)



Reply

Date: May 15th, 2012 3:39 PM
Author: All Sex is Rape

this was hilarious after reading CM or whatever's post above covered in jargon and doublespeak

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697180)



Reply

Date: May 15th, 2012 8:45 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

Doublespeak?

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698967)



Reply

Date: May 15th, 2012 3:32 PM
Author: Talib Kweli

The retards that lent Greece money should be fired, have all of their bonuses clawed back, and their institutions should not be bailed should they be exposed to many times the notional value of greek debt through derivatives.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697138)



Reply

Date: May 15th, 2012 3:38 PM
Author: LathamTouchedMe

lol no. The job creators were forced to lend to Greece because of the CRA and Fannie and Freddie Mac. It's not their fault.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697171)



Reply

Date: May 15th, 2012 3:42 PM
Author: Talib Kweli

If only the job creators had more clout among the law-making class...

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697193)



Reply

Date: May 15th, 2012 3:48 PM
Author: Slow Children Playing

LOLOLOL at this fantasy land.

at worse, those retards should be forced to rotate into World Bank or Treasury roles for a few years before heading back to banks with lucrative recruitment deals

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697218)



Reply

Date: May 15th, 2012 5:08 PM
Author: ...,.....,,,....,,,,,,....,,,.,.,,,,..,.,,,.......

Fuck this board. It appears half this board's knowledge of the EU and Greece comes from one This American Life podcast.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697633)



Reply

Date: May 15th, 2012 8:43 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)

lol

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698944)



Reply

Date: May 15th, 2012 5:14 PM
Author: ..,.,;..;...;:..;.,...;..,..:.,....

It is not exactly a secret the Greeks don't pay taxes. There are famous greek billionaires that don't pay taxes. The rich just claim residence somewhere else and no one confronts them.

But i don't blame them. They have QOL there. Rather be Greek than German.

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20697665)



Reply

Date: May 15th, 2012 8:42 PM
Author: ..,,..........,.,.,.,.,.,.,.,.,.,.,.,.,..... (nyc don)



(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20698938)



Reply

Date: May 15th, 2012 10:08 PM
Author: Nick Saban Glaring at you in a Sizzler (bt@clownpenis.fart)

(Xerxes)

(http://www.autoadmit.com/thread.php?thread_id=1949124&forum_id=2#20699721)