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2010-02-17 Europe

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Posted by Fred 2010-02-17 00:00|| || Front Page|| [4 views ] Top

#1 What do we have to do to get someone to order more spending cuts here in the USA?

Posted by AzCat 2010-02-17 01:53|| 2010-02-17 01:53|| Front Page Top

#2 That threat is interesting. After March 16, they are talking about stripping the Greek government of the ability to either tax or spend, with EU finance ministers taking over control of all finances.

There is no way in hell a sovereign nation can tolerate that, and it will likely result in the Greek government just refusing to obey.

Posted by Anonymoose 2010-02-17 13:11|| 2010-02-17 13:11|| Front Page Top

#3 Read an interesting post somewhere that said the Greeks, and everyone else in the world gets to choose two of democracy, sovereignty or globalization. Which two do you want?

Posted by Nimble Spemble 2010-02-17 13:36|| 2010-02-17 13:36|| Front Page Top

#4 After March 16, they are talking about stripping the Greek government of the ability to either tax or spend, with EU finance ministers taking over control of all finances.

This actually happened in that other cradle of democracy, Springfield, Mass. a few years ago.

The once proud city (home of basketball, the first US car company and Dr. Seuss)went broke because of out-of-control public spending and was put under a control board.

The city council would still meet and vote on meaningless resolutions, but the control board called the shots on spending and taxes.

The public employee unions went nuts, but end of day, it worked, and Springfield finally got out from under receivership.

Posted by regular joe 2010-02-17 16:19|| 2010-02-17 16:19|| Front Page Top

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