Meanwhile in Greece...

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Feb 7, 2006
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#21
why even live according to society if your life quality is decided on arbitrarily? might as well act like barbarians and burn, loot, steal, because any day the gov. could say we're cutting wages, jobs, etc., deal with it it's your fault. There's a social pact or should be one that's beholden to its members if they carry out their responsibility, if there isn't there is no reason for people to respect society or it's rules.
 
Mar 1, 2006
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#22
Lol some of you are lost and have no idea what average folks go through. A rapper speaking against protesting???? a sign of the times. Fools need to stop brown nosing the wealthy in hopes of getting a piece of pie. These fuckers are richer than they ever been, the faggots that got bailed out by taxpayer money work with this presidents administration. Do your own research and see for yourselves.
 
Mar 1, 2006
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#24
You know we're talking about Greece right?
Yea of course but if the same shit (minimum wage being cut) happened here your saying its the peoples fault? Cuz that seems to be what you saying about greece, sure U.S and Greece are different but we all humans and most people live in a capitalist society. Im sure minimum wage over there isnt high and with cuts it just made life a living hell for young people.
 
Feb 7, 2006
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#25
Temporarily yes. Then they'll learn the value of hard work and EARNING your money. Give people an incentive to work hard and they will. Take away that incentive like they did in Greece and you end up with a non-productive workforce that can only survive if they leech off the rich. At some point the rich will decide to take their money elsewhere, to a place where it's appreciated (used to be USA). Either that or something happens (like a market crash) and there are less rich and they each have less to give (less revenue for government). Then the government has to figure out how to keep funding the entitlement class that put them in power. So they have to decide whether they want to raise taxes or cut compensation. In most cases they'd choose to do some of both. But Greece already went bankrupt and had to be bailed out by the rest of Europe (ie Germany). So now they're playing with someone else's money and having to think about how those countries would want them to act. Of course, once put in that situation, they did the right thing. It sucks for all those people who had their wages and benefits and jobs cut. But that doesn't mean it shouldn't be done. People in Greece have long been overcompensated. The bottom fell out and now they have to face the music.
fuck i didn't mean to prop you, but how does cutting minimum wage teach someone to learn the value of hard work and earning money?
 
May 6, 2002
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#26
Germany will have the last say, and as of now they don't seem to trust them one bit.
They are lucky they haven't been kicked out of the euro and exiled to live in the dark.

Second bailout is on its way...
Hopefully the last one.
 
Nov 24, 2003
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#28
Isnt this over minimum wage being cut? I dont know about you, but I would be pissed about that as well. That has ZERO to do with "making more money and giving it to us". Its about sustaining your own LIFE.


They can make the minimum wage as high as they want but it does no good when there is not enough money to pay it.

Not to mention it has a negative impact on Greece's ability to compete in the global economy and/or attract any business investment.
 
Apr 25, 2002
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#34
It does? And where did you deduct that from? A single tweet from a single person =/= an entire nation or class of people.
where might one find an example of the tweet you spoke of? i dont quite understand the quoted. but if you dont think Greece aint welfare'd the fuck out then i dont know where else to go with this convo player. its cool.
 
May 9, 2002
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#35
They were taking it for granted, literally. Lowering the minimum will make them appreciate that extra dollar or two per hour they used to make.
So they have to appreciate LESS than MINIMUM? Im speechless. Who the fuck takes MINIMUM wage for granted????


where might one find an example of the tweet you spoke of?
Rasan posted it in this very thread, thus i thought we were referring to that as evidence.

but if you dont think Greece aint welfare'd the fuck out then i dont know where else to go with this convo player. its cool.
What does Greece have to do with every day, normal people like you and me? The government receives the aide, not joe scmoe.
 
Apr 25, 2002
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#36
*So they have to appreciate LESS than MINIMUM? Im speechless. Who the fuck takes MINIMUM wage for granted????

*What does Greece have to do with every day, normal people like you and me? The government receives the aide, not joe scmoe.
*i said nothing about appreciation. im just sayin they had the government take care of them for so long and expecting all those social services when they cant afford it then they want to bitch bitch bitch about the upper class.

*the government recieves the aid then distributes it through out the country to fuel the social services. so if there is infact a foreginer in Greece by the name of Joe Schmoe, he would most likely touch those services.
 

NAMO

Sicc OG
Apr 11, 2009
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#37
TRUTH! Greece has been living off of Germany's generosity since 2010 and are only now starting to get serious about their debt. I expect a two tiered Euro system to emerage within the next decade or so. Germany, France, etc. will be in the upper tier; Greece, Italy, etc. will sit down below. Those smaller economies will really have to be careful with their spending once they're currency isn't being propped up by everyone else.
Germany has been living off Greek and the worlds welfare since WW2. The bailouts Germany got from the Greeks were on far better terms.

This Austerity deal targets the low income workers. The private sector can set a new minimum wage and fire, at most 2% of it's workers per month. How the fuck is that fair?

I asked Greeks living there what will the rich sacrifice? They answered, The poor.
 
May 6, 2002
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#38
Not trying to get in the mix of people conversation but the "who cares?" attitude doesn't work in this case.

Greece is about to default for the second time.
That's a huge deal and it will have a serious global effect. The entire US stock market took a sharp turn in second half of 2011, and barely began to recover from December and had a great January. Investors are sidelined and trade volume is extremely low right now. Positive news out of Greece and stocks soar. Europe says one thing considered negative and stocks take a beating. All eyes are on Europe and Greece right now.

If Greek defaults, they have the risk of being the first country to be kicked out of the Euro. The original pact was so tight that there is no plan for reversal. For them to revert back to their old currency would render their money almost useless and no one would want it. Let alone their banks would close/nationalize, government aid would stop (no money) and the entire world would lose faith in the Euro currency. An effect on Europe would have a global effect.

Italy and Portugal are also in a lot of trouble as well.
The US claims to be decoupled right now, but the stock market tells a different story.

Greece bond holders already agreed to a 70% loss on their investments. The proposed agreement for the bailout is over 60 pages. Minimum wage cuts are just a piece of it.
 

NAMO

Sicc OG
Apr 11, 2009
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#39
I'm not familiar with the terms of a Greece to Germany bailout but it isn't really relevant. Germany has proven that they can implement and practice austerity. When the markets went down Germany made the right moves.
Of course it's relevant! After WW2 Germany was the worlds largest debtor. The German economy was successful because it was helped on a global scale, the Greeks being part of it.

See http://en.wikipedia.org/wiki/Agreement_on_German_External_Debts

Greece put socialists in power and their economy tanked. AND they are reluctant to accept any cuts to their entitlements even now when they have no money to pay for them.
I'm sure the Greeks didn't put these people in power to deliberately be corrupt and rape the economy. This is the fault of the government, not the people.

You talk about the rich making sacrifices but it seems to me that the rich have been the only ones making sacrifices all along.
Care to give examples?

They are funding a class of entitled takers who produce nothing.
Without workers, who will make the country run? I doubt the Greeks will outsource public sector jobs while tens of thousands are broke and homeless.

They are the ones that pay the taxes that everyone else lives off of.
The poor pay taxes too lol

It's the rich that create the private sector jobs that actually contribute to the economy. I don't think the government should be able to set limits or minimums for how many private sector employees can be terminated. That's an overreach in my opinion so I can't say if it's fair the way you're asking. However, private sector jobs should always take precedent over public. And the public sector should always make less than their private sector counterparts. There is more risk in private sector. That's the trade off. Public sector employees are supposed to make less because they have more job security and produce less. Private sector employees take the risk of the free market and should reap more in return.
Yes, your comparison is correct. However, in times like these when you have so many peoples future at stake, there needs to be a well balanced plan to protect ALL of Greece.

This plan is not.
 

WXS STOMP3R

SENIOR GANG MEMBER
Feb 27, 2006
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#40
WE ALL KNOW THE COMMON INDIVIDUAL DIDNT FUCK OFF ANY BAILOUTS OR MAKE ANY DECISIONS ON HOW IT WAS SPENT...

THE RULING CLASS ARE THE ONE'S IN ONE WAY OR ANOTHER TO CALL ALL THE SHOTS.

AND ARE THE ONES WHO SHOULD BE PAYING...BUT AS ALWAYS THE LOWER CLASS CARRY THE WEALTHY ON THEIR BACKS AND HAVE TO SACRIFICE THE MOST FOR THE FUCK UPS

THIS HAS BEEN HAPPENING SINCE THE BEGINNING OF TIME...AND ALL THROUGH OUT HISTORY.

SOME OF YOU ARE RIDICULOUS IF YOU THINK THAT IT'S ANY DIFFERENT.