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Saturday, February 13, 2010

Greek Directive 10-289?

From Atlas Shrugged -
"In the name of the general welfare," read Wesley Mouch, "to protect the people's security, to achieve full equality and total stability, it is decreed for the duration of the national emergency that--"

From Greek Prime Minister George Papandreou -

“Our primary duty now is to save the economy and reduce the debt, aiming to do so through the fairest possible solutions that will protect — as far as that is possible — the weaker and middle classes,”
Life imitating art?

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Ryan said...

He had me agreeing until the coma.

After that it went back to the classiest pseudo communist junk about 'fairness' and protecting the lower and middle class which got them there in the first place.

They have to cut spending. That will mean canceling popular welfare programs and subsidies. It will mean laying off government employees and changing the pay and benefits of those who stay on.

Also at least in the short term they need to figure out how to make more money which is just never popular.

If the EU bails them out they are doomed to do it at least once more and that would just be this round. If they don't it will get ugly.

Between their socialist nature and penchant for rioting I am glad I do not live in a Greek city. Some of them may well burn.

Chief Instructor said...

I'm guessing we're going to be hearing a similar speech from our own administration sometime in the next year or two.

Fairness, fairness, fairness. Tax the rich, tax the evil banks, tax the evil oil companies, tax anyone who is evil enough to succeed on their own.