Re: Mind's Eye Re: Greece -- helping friends

I read this plus comments. I didn't understand all of the economics.
What about those people who are hiding money at home? What if the
currency is changed- didn't the US demand that silver certificates and
gold coins be turned in? Anyway- you are right and I was harsh and
hasty.// Doesn't our government own our debt ultimately rather than
the banks via laws and regulations. As far as I know Wall Street and
the banks are operating within granted privileges- taxes are set by
law- even the Congress could benefit from insider trades till their
recent bill. Anyway, the Greek carpenter's story was sad and bleak. I
hope Greece defaults- I think- but does not rejoin the new Ottoman
Empire.//I wonder what I will do when the US collapses? Probably
hitchhike to one of my sons...//Yes- it does boil down to values and
morals- our modern world is psychotic.

On Feb 16, 5:14 pm, archytas <nwte...@gmail.com> wrote:
> I'd say this is similar to what I found on my visit to Piraeus -http://www.nakedcapitalism.com/2012/02/austerity-policy-destroying-gr...
> - and the US is now issuing more debt than it takes in as taxes.
> We can reorganise and should do this by taking down the rich and the
> debt they 'own'.
>
> On Feb 16, 11:08 pm, archytas <nwte...@gmail.com> wrote:
>
>
>
> > Would it were so rigsy.  A fairly standard review of what's been
> > happening in finance can be found here -http://www.cfainstitute.org/learning/products/publications/rf/Pages/r...
> > - from the investment managers' professional body.  Many ordinary
> > people who put the toil in, including Greeks working two jobs, are
> > discovering what they thought their hard work has earned is worth
> > nothing.  These are people who thought they were being self-
> > sufficient.  I suspect we have been living off the backs of others too
> > - but believe this current situation may be linked to the recognition
> > the real work that needs doing is under-valued in the crazed libidinal
> > economics.  People who put the work time in are finding themselves no
> > better off than the shirkers and some of this is down to work having
> > gone neurotic.
> > What I saw in Greece was people I know as friends working two jobs and
> > more not able to meet mortgage payments - just as in Eastern Europe in
> > transition.  Here I find people who have just had private pension
> > payments halved - in Greece this has hit the public sector and will
> > here.  Obama is tapping US pension funds.  Austerity can work for a
> > home - and I had some great times when broke - but it's bullshit
> > ideology for the gullible as an economic answer.
>
> > On Feb 16, 1:51 pm, rigsy03 <rigs...@yahoo.com> wrote:
>
> > > How do you know what my life has been? I learned a great deal during
> > > lean times- in fact, I would say it was my most creative period. And I
> > > disagree about the banks- although there are certainly some wolves in
> > > life's woods. It's like saying a grocery store or restaurant is to
> > > blame for obesity or digestive ills. Individuals and nations lived
> > > beyond their means and disregarded contracts, etc. Since we have been
> > > nursed on entitlements, many thought they would be bailed so now comes
> > > the whining and tantrums.
>
> > > On Feb 15, 9:38 am, Allan H <allanh1...@gmail.com> wrote:
>
> > > > There is nothing left to tighten...  Put the same astiaity measures intact
> > > > in your life rigsy... see how it feels..  The majority of these prolems are
> > > > brought on by the banksters..
>
> > > > If Greece fails you will be effected also..
> > > > On Feb 15, 2012 3:16 PM, "rigsy03" <rigs...@yahoo.com> wrote:
>
> > > > > Stop destroying your cities, Greeks! Tighten your belts! Pay the
> > > > > Piper!
>
> > > > > On Feb 15, 3:01 am, Allan H <allanh1...@gmail.com> wrote:
> > > > > > I see the Banksters desperately trying  to destroy Greece..  I have Greek
> > > > > > friends there and I am wondering about Ideas of how to help them once the
> > > > > > Banksters manage to succeed on their mission.
>
> > > > > > Please add your thoughts as it is an up coming problem for me.
> > > > > > Allan
>
> > > > > > --
> > > > > >  (
> > > > > >   )
> > > > > > |_D Allan
>
> > > > > > Life is for moral, ethical and truthful living.- Hide quoted text -
>
> > > > - Show quoted text -- Hide quoted text -
>
> - Show quoted text -

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