Greece Bailout - Page 6

garinda · 12-11-2011, 20:21

Quote:

Originally Posted by Margaret Pilkington

And there I was thinking I was thick.
Thanks G....it makes little sense to me either.....I just thought I was having a grey moment.

I think we could do with a phrase book.

The Dictionary of Elitist Political Clap-Trap, published by Islington Press, might help.

We might even find out who this EdM is, Graham keeps lovingly referring to.

I'll go and order a copy, we can all share, right now.

Eric · 12-11-2011, 20:25

Quote:

Originally Posted by g jones

The problem for the Germans is the Mediterranean nations devalue the Deutchmark.

The problems for the Greeks as I said to Bone and Nuttall, if your a Greek with a €100k and someone whispers Drachma, you shift your Euros to a bank outside of Greece. The question is if everyone thinks the same, what happens to the Drachma and the Greek economy, Greek banks? Can any of them survive? Will the position not be cataclysmic compared to where they are now? A run on the Drachma that would resemble a run on the Zimbadwean currency?

The Greeks defaulted three times on their debts in the nineteenth century and again in 1932 (I think ... I'm trying not to use google while I still have a memory. Anyone wishing precision should visit it ... google that is, not my memory

) ... and Greece is still there. The question of capital fleeing the country is not a new one. It happenend in France (pre we- adore -our -German -brothers -and -sisters France) in the 20s ... the "right" used this as a threat to control govt. policy. This is detailed in William Shirer's "Collapse of the Third Republic." However, this could have been stopped, and the current Greek govt. could stop it in Greece, if the govt. had had the balls to legislate barriers to stop the flight of money.

The point I am trying to suggest is that those predicting a cataclysm, rather than a recession that will pass as European economies readjust to the demise of Euro in Greece, Italy, and perhaps Spain and Portugal are merely employing scare tactics ... an attempt to frighten the gullible into supporting not only the Euro, but also closer and deeper political union ... "Closer and deeper" mmm, sounds like someone is going to get uh, you know, one of the seven dirty words. And that "someone" is joe public.

I think it has come to the point where politicians, unable to sell the benefits of the Eurozone and the EU, are attempting to frighten people by suggesting that any questioning of those benefits will lead to chaos, and an economic dark age.

Margaret Pilkington · 12-11-2011, 20:27

Maybe it was David Nuttall and Peter Bone.......I have found references to them in Hansard.....but without any real connection the the Greek Bailout.

Margaret Pilkington · 12-11-2011, 20:33

You know Eric, I have been saying this for some time now...not in so many words.
I have said those who tell us that leaving the EU will be catastrophic for the Uk are just using scare tactics to justify inactivity....and remaining with the dangerous status quo....and the status quo puts our economy and the global economy at risk too.There can be no solution to this Eurozone problem without closer financial union, deeper political ties. This is something the people of the UK need to recognise. Do we really want Brussels to be setting our budgets? Do we want unelected bureaucrats to be determining our everyday laws?
I know what my answer to this is.

garinda · 12-11-2011, 20:39

This all comes down to revenge.

For the Germans having to take a wheelbarrow full of wonga, to buy a loaf of bread, in the years following the Treaty of Versailles.

Well from where I'm sat, revenge stinks.

Even if it smells sweet in Berlin.

cashman · 12-11-2011, 20:40

To be perfectly frank,whilst bemused, i thought he was pished when he posted that.

if not we were being spoken "Down" to.

Margaret Pilkington · 12-11-2011, 20:42

Silvio Berlusconi has resigned......this leaves the way clear for the technocrat Mario Monti to take over the reins...of course he is the preferred choice of Sarkozy and Merkel.

garinda · 12-11-2011, 20:49

Quote:

Originally Posted by Margaret Pilkington

Maybe it was David Nuttall and Peter Bone.......I have found references to them in Hansard.....but without any real connection the the Greek Bailout.

Perhaps Graham's been chatting to that MEP from UKIP, Paul Nuttall.

The one who wrote to the Accrington Observer the other week.

We know Graham's very pro the E.U.

Perhaps Graham's a friend, or a fan.

Perhaps Graham's lobbying him for a direct rail service from Brussells to Accy.

You could spin a lot of imaginary jobs out of that one, if this is the case.

garinda · 12-11-2011, 20:53

Quote:

Originally Posted by cashman

To be perfectly frank,whilst bemused, i thought he was pished when he posted that.

if not we were being spoken "Down" to.

I honestly thought that.

We'll let him off...if he hopefully is pie-eyed.

Margaret Pilkington · 12-11-2011, 20:53

Oh could be G.......I had quite forgotten about Paul Nuttall.

cashman · 12-11-2011, 20:55

Quote:

Originally Posted by garinda

I honestly thought that.

We'll let him off...if he hopefully is pie-eyed.

The problem fer Graham "As i see it" is i fear he's losing touch wi the people of his constituency.

Margaret Pilkington · 12-11-2011, 20:59

Quote:

Originally Posted by cashman

The problem fer Graham "As i see it" is i fear he's losing touch wi the people of his constituency.

You aren't the only one Cashy. It didn't take long did it?

garinda · 12-11-2011, 21:03

Quote:

Originally Posted by Margaret Pilkington

Oh could be G.......I had quite forgotten about Paul Nuttall.

I haven't.

Very nice man.

Quite straightforward, and honest...for a politican.

'As a UKIP MEP, Paul’s mandate is to do himself and every other British MEP out of a job by helping to get the UK out of the costly and undemocratic European Union.'
About Paul | Paul Nuttall MEP | UKIP MEP for the North West of England

Margaret Pilkington · 12-11-2011, 21:04

I have just been looking at his details G....seems to have his head screwed on right.

garinda · 12-11-2011, 21:12

Quote:

Originally Posted by cashman

The problem fer Graham "As i see it" is i fear he's losing touch wi the people of his constituency.

I agree.

As I've said, that makes me genuinely sad.

Watched Graham's maiden speech in the Commons, again today.

In which he referred to Ken Hargreaves as being a good representative for the people of Hyndburn.

Ken's gone public, despite poor health, to say he would have been a rebel.

Knowing the democratic needs of the people he represented, were more important than party political ties.