There's still another vote to go though, right? But I think everything is going to go tits up regardless. Greece should never have been allowed to enter the euro in the first place because they didn't meet the criteria, so the EU should take some responsibility for this. The UN should wipe EU debt and we should scrap the euro.

 

I still laugh when I think that people told me I was stupid for being against the Lisbon Treaty, which transferred more power to the institutions that are screwing Ireland, Greece, Portugal etc. We said no to it, but France and Germany didn't like that answer, so we voted yes, and now they don't like the fact that they have to deal with our problems. They wrote that treaty, and now they have a problem with the responsibilities they wanted in the first place. Ha! Greece and Ireland will now have to pay off loans that they can't afford while our names are dragged through the mud by the countries that played a huge role in causing this mess. :rolleyes:

There's still another vote to go though, right? But I think everything is going to go tits up regardless. Greece should never have been allowed to enter the euro in the first place because they didn't meet the criteria, so the EU should take some responsibility for this. The UN should wipe EU debt and we should scrap the euro.

 

I still laugh when I think that people told me I was stupid for being against the Lisbon Treaty, which transferred more power to the institutions that are screwing Ireland, Greece, Portugal etc. We said no to it, but France and Germany didn't like that answer, so we voted yes, and now they don't like the fact that they have to deal with our problems. They wrote that treaty, and now they have a problem with the responsibilities they wanted in the first place. Ha! Greece and Ireland will now have to pay off loans that they can't afford while our names are dragged through the mud by the countries that played a huge role in causing this mess. :rolleyes:

 

Personally, I'm Pro-European, but anti-the European Parliament, and the way it conducts its business..... I dont care if that sounds contradictory....

-_-

Personally, I'm Pro-European, but anti-the European Parliament, and the way it conducts its business..... I dont care if that sounds contradictory....

-_-

 

Nah, I agree with you. I think I joined a group on Facebook a few years ago which went something along the lines of "I'm pro-European, but EU-realistic". There is now an option to leave the EU, and I seriously think some countries should consider it. Ireland are coping well, and we've been "applauded" for our efforts (and yet they won't give us a feckin' interest cut :D), so we should be able to overcome this without doing a Greece on it. The EU have said Ireland will be protected if Greece falls apart. That could be all talk, though!

I am exceedingly pro-EU, but they have handled this disastrously.

 

I know we are all in a bit of a hole right now, well the UK would be fine if the retarded public hadn't flocked to the Tory's and we'd stuck with the Brown/Darling recovery place which was working [And I dislike both of them], but we should be standing by Greece and giving them time to meet their liabilities without risk of default.

 

The EU Military policy is an attack on one is an attack on all, so why aren't we sticking together in the same manner now?

I am exceedingly pro-EU, but they have handled this disastrously.

 

I know we are all in a bit of a hole right now, well the UK would be fine if the retarded public hadn't flocked to the Tory's and we'd stuck with the Brown/Darling recovery place which was working [And I dislike both of them], but we should be standing by Greece and giving them time to meet their liabilities without risk of default.

 

The EU Military policy is an attack on one is an attack on all, so why aren't we sticking together in the same manner now?

 

Yep, we should be uniting against the Ben Bernankys, the Alan Greenspans and the Goldman Sachs... This is an AMERICAN investment banking model which has led to this disaster, simple as... And shame on the IMF and ECB for following the flawed model.... The IMF has a new head, but she's just another Western European, so I dont expect anything to change tbh....

 

UPDATE...

 

Max and Stacey reveal how the IMF and the Bank-sters plan to securitise and trade the Acropolis and every other asset that Greece has.... They get everything, the Greek people get nothing....

 

I don't know about the IMF, but if the EU had any balls it would tell these rating agencies to piss off. Thanks to them Portugal may have to receive a second bailout because they've been downgraded to junk status for no reason, and Ireland is now looking like the next country to receive this status. It's funny how they are downgrading European countries, yet the US still has a near-perfect credit rating despite causing this mess and being trillions of dollars in debt.

 

I can't see Ireland dancing to this tune.

The worst thing about these credit ratings agencies is that they are the very same agencies which rated the likes of Lehmans as very low risk. But then, an organisation with a name like Standard & Poors doesn't exactly inspire confidence does it?

I don't know about the IMF, but if the EU had any balls it would tell these rating agencies to piss off. Thanks to them Portugal may have to receive a second bailout because they've been downgraded to junk status for no reason, and Ireland is now looking like the next country to receive this status. It's funny how they are downgrading European countries, yet the US still has a near-perfect credit rating despite causing this mess and being trillions of dollars in debt.

 

I can't see Ireland dancing to this tune.

 

Well, this is one of the things that Max and Stacy have been discussing throughout their reports... Although, there is a threat against the US now, they may actually go down to a "D" if they default....

 

 

 

^ We've been downgraded to "junk" as of a few hours ago. It really is one step forward, two steps back! We've been having good news for the past few days (debt reduction, an almost definite interest rate cut, EU-support etc.), and then we're given this. From what I've read and heard, nobody here is taking this "junk" rating seriously. They rated our mortgages as AAA when they should've been junk, and people here have remembered that thankfully. Hopefully the markets won't react to this...

^ We've been downgraded to "junk" as of a few hours ago. It really is one step forward, two steps back! We've been having good news for the past few days (debt reduction, an almost definite interest rate cut, EU-support etc.), and then we're given this. From what I've read and heard, nobody here is taking this "junk" rating seriously. They rated our mortgages as AAA when they should've been junk, and people here have remembered that thankfully. Hopefully the markets won't react to this...

 

These "ratings agencies" are downgrading the likes of Greece, Portugal, Ireland, etc, to basically save the US, they're clearly acting in the interests of the US Fed and Goldman Sachs.. If the US gets downgraded, we all know the Fed, IMF, Citibank, Goldman Sachs, etc, are fukked....

 

These "ratings agencies" are downgrading the likes of Greece, Portugal, Ireland, etc, to basically save the US, they're clearly acting in the interests of the US Fed and Goldman Sachs.. If the US gets downgraded, we all know the Fed, IMF, Citibank, Goldman Sachs, etc, are fukked....

 

I wonder how Obama is getting on with his debt talks. I honestly can't understand any of it, so I'm a bit lost when it comes to the US-side of this. :lol:

 

Greece, Ireland and Portugal have now been offered better bailout programs. Ireland was asked to pay around 5.8% on it's bailout loans last November, but this is being reduced to around 3.8% (we only asked for a 1% reduction, so we're not arguing with this! :P). We can also use the bailout fund to buy Irish bonds in order to reduce debt. We've also been given 15 years to pay back the loans, rather than 7 and a half. It's still a huge mess, but it's nice to see our government have a pair of balls and not let France and Germany take control of our tax regime. I'd say Sarkozy is fuming! Overall, I think this is better than all of us defaulting. It has taught the big powers to stop dicking around for political gain and to act based on what's best for everybody.

I wonder how Obama is getting on with his debt talks. I honestly can't understand any of it, so I'm a bit lost when it comes to the US-side of this. :lol:

 

Greece, Ireland and Portugal have now been offered better bailout programs. Ireland was asked to pay around 5.8% on it's bailout loans last November, but this is being reduced to around 3.8% (we only asked for a 1% reduction, so we're not arguing with this! :P). We can also use the bailout fund to buy Irish bonds in order to reduce debt. We've also been given 15 years to pay back the loans, rather than 7 and a half. It's still a huge mess, but it's nice to see our government have a pair of balls and not let France and Germany take control of our tax regime. I'd say Sarkozy is fuming! Overall, I think this is better than all of us defaulting. It has taught the big powers to stop dicking around for political gain and to act based on what's best for everybody.

 

Actually, I rather liked Max Keiser's idea - he basically said to Greece, Ireland, etc, "Set up your own Ratings Agencies and down-grade US debt to Junk..." :lol: :lol: :lol:

 

Not QUITE sure where to post this as it's not something people should directly use to spark discussion on politics, or if anyone will care enough, but this was heartbreaking! Greece's equivalent to the BBC got dissolved at very short notice on Tuesday, and I'm gathering from Google translating my Facebook feed that this was close to its last broadcast. Austerity, performed:

 

Thanks to the European Broadcasting Union (best known for Eurovision) at least part of the Greek state broadcaster is back up and running again.