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post #1 of 11 (permalink) Old 03-17-2010, 02:21 PM Thread Starter
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Greece Unrest....Forshadowing Of Things To Come

Since people in this country refuse to learn from history perhaps we can learn from current events.

The situation in Greece is a perfect example of what happens to a country taken to the brink of bankruptcy that is forced into austerity measures.

Social unrest and riots as the government tries to fend off the Grim Reaper.

Quote:
ATHENS—Flights were grounded and trains suspended amid a nationwide general strike Thursday, as Greek police fought running street battles with anarchist youths in fresh and violent signs of anger at the government's austerity plans........

Unions called a strike to protest wage and benefit cuts being put in place to trim Greece's swollen budget deficit as the country draws closer to a financial reckoning. An estimated 50,000 people took to the streets.......

Greece's two umbrella unions, for private- and public-sector workers, called the strike to protest the €4.8 billion ($6.55 billion) package of spending cuts and tax increases that the government announced March 3, which was voted into law days later. The communist-backed PAME union held a separate protest that drew an estimated 15,000 people.............

Under pressure from the EU and financial markets, Greece's socialist government last week presented the latest in a series of austerity packages to trim the budget deficit to 8.7% of gross domestic product this year, from an estimated 12.7% last year..........

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post #2 of 11 (permalink) Old 03-17-2010, 03:08 PM
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Re: Greece Unrest....Forshadowing Of Things To Come

so which revolution occurs here first?

will the NON-entitlement generation revolt in the face of more social programs, larger government, and higher taxes?

or will the entitlement generation revolt like in Greece, when the funds finally dry up?

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post #3 of 11 (permalink) Old 03-17-2010, 06:12 PM
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Re: Greece Unrest....Forshadowing Of Things To Come

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Originally Posted by Rtxcoon View Post
so which revolution occurs here first?

will the NON-entitlement generation revolt in the face of more social programs, larger government, and higher taxes?

or will the entitlement generation revolt like in Greece, when the funds finally dry up?
I think the Non-entitlement revolution has started, it is the tea party movement, I would like to point out that it has been a non-violent movement as well.

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post #4 of 11 (permalink) Old 05-05-2010, 01:40 PM Thread Starter
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Re: Greece Unrest....Forshadowing Of Things To Come

Europe is several decades ahead of the US in the march to Socialism. Now the house of cards is collapsing we refuse to learn from their mistakes. Can you imagine the rioting here when we are forced to make similar cuts ???


ATHENS, Greece — Greek fire officials say three people have died in a blaze that broke out at an Athens bank during rioting over government austerity measures.

An estimated 100,000 people took to the streets Wednesday during a nationwide wave of strikes against spending cuts aimed at saving the country from bankrupty.

Protesters were hurling Molotov cocktails at police and buildings. At least two buildings were on fire, while hundreds of people were involved in the clashes.

The government agreed to drastic budget cuts to win bailout loans from the European Union and the International Monetary Fund.

The Associated Press: 3 dead during Greek riots



Pro communist party strikers block the entrance of a boat in the harbour of Piraeus, Greece, on Wednesday, May 5, 2010, where all routes are canceled by a 24-hour strike, part of a civil service walkout against wage freezes. Flights to and from Greece were grounded, trains and ferries suspended their routes and public services were paralyzed Wednesday as angry Greek workers went on strike to protest harsh new spending cuts aimed at saving their country from bankruptcy.

The Associated Press: 3 dead during Greek riots


Stock futures slip as Greek riots surge
Fears escalate that Europe might fail to contain Greece's debt problems

NEW YORK - Stock futures fell Wednesday, a day after major indexes posted their biggest losses in months on worries that Europe would not be able to contain Greece's debt problems.

Strict austerity measure drew thousands of protesters onto the streets of Athens, where the demonstrators tried to storm Greece's parliament and hurled paving stones at police. Three people died in a fire set by Greek protesters in central Athens.

European markets were mixed as investors remain cautious about whether a $144 billion aid package for Greece will help stem the growing debt crisis. German Chancellor Angela Merkel asked her country's lawmakers to rush the approval of Germany's $29.3 billion share of the Greek rescue program.

Stock futures slip as Greek riots surge - Stocks economy- msnbc.com



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post #5 of 11 (permalink) Old 05-05-2010, 02:12 PM
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Re: Greece Unrest....Forshadowing Of Things To Come

Gotta love the fear mongering.

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post #6 of 11 (permalink) Old 05-05-2010, 03:13 PM
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Re: Greece Unrest....Forshadowing Of Things To Come

I actually look forward to us reaching the point we must make huge federal spending cuts.

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post #7 of 11 (permalink) Old 05-05-2010, 07:20 PM
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Re: Greece Unrest....Forshadowing Of Things To Come

We will see the same thing as Greece is dealing with sooner or later. We can see it now by choice of cutting back entitlements and having small riots, or we can wait till we don't have any money left for entitlements and have to turn off the entitlement faucet and have it then but magnified.

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post #8 of 11 (permalink) Old 05-05-2010, 07:44 PM
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Re: Greece Unrest....Forshadowing Of Things To Come

- Suprised it took this long for the Gov't in Europe to get to this point. You have to look at some of the benefits they get and look at some of cuts proposed, and you see why the people who have had the benfits ingrained into their lives over decades. Like new employees start off with 5 weeks Vacation time, 16+ Gov't holidays. Full and complete benefits for all health and drug matters. A maximum 35 hr work week - no manditory OT. Plus a ton of sick leave each year. I laughed at my associates in the UK when they told me this. After, I think, 10 years they bump you up to 8 or 10 weeks vacation and further on down the road a full 3 months! So for every person working over there, they only get maybe a 1/2 man yr equivalent of productivity. And the Gov'ts want to cut back on some of these benefits So call a general strike - Wow - What BS. They did this in France 10-20 yrs ago - a complete, full, general strike across the entire country.

Like the Give the Monkey a banana each day for a month story, and then stop giving it to him for one day and he freaks out - Well same thing here

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post #9 of 11 (permalink) Old 05-05-2010, 08:09 PM
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Re: Greece Unrest....Forshadowing Of Things To Come

There is a resterant in town, a decent, sit-down-with-friends-&-family type of place. They've got all the normal stuff, sandwiches, pasta, eggs, etc.
But, the place is owned by a guy that came here from Greece. He's a friendly guy, but he believes with all his heart that greece is a MUCH better country than the USA. When asked why, he says, 'Because it's greece'.
My pastor asked him one day why he doesn't move back to greece if it's so much better, and he said, "Because I can't make a living with my resterant there."

Personally, I'd take a country that I can make my living in, over one that I can't. That would be the #1 criteria for me to say one country is better than another.

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post #10 of 11 (permalink) Old 05-06-2010, 12:12 AM
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Re: Greece Unrest....Forshadowing Of Things To Come

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Originally Posted by 389SixPack View Post
- Suprised it took this long for the Gov't in Europe to get to this point. You have to look at some of the benefits they get and look at some of cuts proposed, and you see why the people who have had the benfits ingrained into their lives over decades. Like new employees start off with 5 weeks Vacation time, 16+ Gov't holidays. Full and complete benefits for all health and drug matters. A maximum 35 hr work week - no manditory OT. Plus a ton of sick leave each year. I laughed at my associates in the UK when they told me this. After, I think, 10 years they bump you up to 8 or 10 weeks vacation and further on down the road a full 3 months! So for every person working over there, they only get maybe a 1/2 man yr equivalent of productivity. And the Gov'ts want to cut back on some of these benefits So call a general strike - Wow - What BS. They did this in France 10-20 yrs ago - a complete, full, general strike across the entire country.

Like the Give the Monkey a banana each day for a month story, and then stop giving it to him for one day and he freaks out - Well same thing here
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