Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘foreign aid’

… So , What does Greece do Now ? [#economy][#euro]…

Posted by paulfromwloh on Saturday,December 10th,2016

.. well , to be honest , they did not belong in the euro in the first place . Their finances were never in good enough condition to meet what are called the ” Maastrict Criteria ” for entering the Eurozone ..

.. the drachma will soon return . That is very , very likely . But it will have very little credibility . Greece and her government will have to work and regain their people ‘ s trust ..

.. [h/t —]..
.. [link] to the blog post ..

.. also , many savers and pensioners are likely to lose a significant chunk of their savings . The government will use it as part of a ” forced recapitalization ” of the banking system . It will be condemned widely by many , but the incompetence of Tsipras and Syriza has made this step necessary . Otherwise the banking system will need to be nationalized , which is what Greece does not need ..

.. elections will soon follow . Syriza is finished . The government will fall , and they will have to face some very angry voters . Even though the opposition is not exactly a bunch of ” rocket scientists , ” the Conservatives will then be given a chance . Syriza ‘ s total failure , along with some smart politics [a coalition with pro – labour factions] will help the country stabilize ..

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… Dingy Harry Reid is an Extortionist …

Posted by paulfromwloh on Monday,March 17th,2014

.. and a demagogue , to boot .

.. the Dingy One likes to specialize in dirty pool . He has been taking any and every chance that he gets to bash the Koch brothers [David and Charles] from the floor of the Senate . It does not matter what the issue is . Good ol ‘ Dingy Harry tees off on them …

.. he does it for no rational reason . These guys are standing up for what they believe it . They are participating in democracy , while contributing money from their vast wealth to various groups that they support …. So what is wrong with that ?

.. Now , Good ol ‘ Dingy Harry is blackmailing people . Aid to Ukraine is set to pass and go to POTUS for his signature . Yet Harry Reid is standing in the way , in order to try to force through an increase in I.M.F. funds …

.. [h/t — theRightScoop]..
.. [link] to the floor speech …

.. Senator Cruz let good ol Dingy Harry have it for his antics . Reid ‘ s actions have no place in the U.S. Senate …

Posted in congressional oversight, disgraceful, personal opinion | Tagged: , , , , , | Leave a Comment »