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800 Maynard Ave S, Suite 200, Seattle, WA 98134
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Amazing. If Governments dump the taxes of the middle class into crumbling stocks, then rich dudes will take the money!
Fascinating...who would have thought Euros would follow in Obama's footsteps. Giving money to rich people so they can party on.
Amazing.
You would prefer what, exactly? Soviety communism? Anarchism? Unicorns and rainbows?
It's pretty fucking clear that the social democratic mixed economies of Europe are about IT as far as achieving long term prosperity, peace and equity with democracy, freedom and massive opportunity for all.
Here we have the higher income people in Germnay France and Sweden being fucking TAXED UP THE WAZOO to support the more needful economy of Greece. IT's a pretty big "market intervention" and you can't call what it is....pure capitalism. Or a right wing ideology. All the basic structures of the EC are pretty left compared to the USA, with their higher taxes, more regulation and bigger safety nets and equity. Yet you sit there snidely criticizing them.
What do you have to offer that's a better solution?
These rules dictate certain behaviour: Namely, the translation of resource into money, because you can put money in the bank and get more money later (using positive-interest). Whereas you cannot put a tree in the bank and get more money later. (You can get more trees later -- if you don't cut it down now -- but more trees later doesn't necessarily translate into more money, due to supply/demand fluctuations, etc.)
All governments are forced to deal with this type of money that requires the extraction of resources to line the pockets of those who have the means to extract.
What else could the Europeans do in the face of rapacious money markets? Not a whole lot. The deck is kinda stacked. In favor of money.
It always seemed to me that the term "shock and awe" was another way of saying "scare", "freak-out", or "terrorize"; particularly since it was used to describe a military invasion campaign. What's the difference between our terror and their terror?
But it is.