Tuesday 19 July 2011

GREEK EURO CRISIS = MORE TAXES ?

I would like to express a personal feeling I have about politicians when they face a problem. What is their first reaction ?  There are two in fact !!!  I am not responsible, we will have to increase taxes !!!  The other reaction is:  Let's not talk about the past, the only way out of the problem is to increase taxes !!!

We now have the Greek Euro Crisis !!!  Have any of the European Politicians or the Leaders of the 17 EURO countries, or indeed the leaders of countries not implicated in the euro crisis, ever studied, or analized, why the Greek economy came to the point where it faced bankruptcy last year and again this year, 2011 ?

Is it not that the first "bail-out" did not cover the internal national overspending of the Greek Government ? 

If this is true, why should the EU now have to double its "loans" to keep Greece solvent ?  Lending money to a Bankrupt is like throwing money at drunk beggars !!!

Why should EU taxpayers fund political dreams ? Why do politicians in the EU not want to recognise the basic rule that giving "loans" to EU countries in great difficulty is the same as financing a company facing bankruptcy ? 

Why should taxpayers have to pay to save the skins of politicians who want to save their bacon !!!  

   

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