German Horst Reichenbach, Governor of Greece, asserts Graecokleptocrats must stick to their reform commitments as the eurozone debt crisis continues. Dumping euros on Greece is ridiculous. It's unfair to squander hard-earned German euros, and it's unfair for Greeks to be addicted to German handouts. Nobody wins in dumping, which increases sinecures, laziness, profligacy, diseconomy, political corruption, and bad attitude. http://venitism.blogspot.com
Germans bail out Greeks, but Greeks show their middle finger to Germans! Governor Reichenbach notes in his experience, Graecokleptocrats find it easier to initiate laws than to implement them. Christine Lagarde of IMF has made it absolutely clear she does not trust Graecokleptocrats, because they never apply what they vote in the Grand Brothel on Syntagma Square!
All Europeans condemn Graecokleptocrats for creating hundred state agencies and hiring many thousands of public employees, even though they promised Troika to close down all agencies and fire many public employees. Some executives at state enterprises have annual salaries of 300,000 euros! Greeks wonder why the bank accounts of rich ministers have not been opened and why major tax evaders have not been arrested.
Germans are footing the bill for Greek sins and Greeks aren't doing anything to stem the bleeding. Graecokleptocrats are not conscious of their responsibility for the difficult situation in Greece. It is a winking game. Graecokleptocrats pretend like they want to reform, and Eurokleptocrats act like they believed them. But now this arrangement has reached its elasticity point.
Greeks, adding insult to injury, continue to play the victim and to look abroad for something to blame their own malaise on. Graecokleptocrats have been particularly focused on the Germans. Instead of reaping thanks for all the transfers of German taxpayer money, Germans are now forced to put up with a tongue-lashing.
The latent government and the latex government of Greece are like the cat and the mouse! Horst Reichenbach, Governor of Greece, must abolish political corruption, licensure, kangaroo justice, and persecution of dissident bloggers, mission impossible!
The drastic austerity programs will not only remain ineffective, but will also stigmatize Greece as Europe's problem child for a long time to come. Solidarity is not a one-way street. The European Community must remain tough and demand the necessary structural reforms, especially drastically reducing the huge political corruption, abolishing the impunity of Graecokleptocrats, and stopping the persecution of dissident bloggers.
Bringing that implementation about is the job of the latent government of Governor Reichenbach, along with experts from a number of European Union countries and IMF. Eurokleptocrats are losing touch with reality. Greece is broke, and yet Brussels sends Graecokleptocrats billions in new loans. This is understandable, given that abandoning portions of their claims against Greece would translate into substantial losses. But cutting losses short is the golden rule of markets.
Reichenbach's latent government is working to help by building an effective tax administration, steering EU structural funds to the right projects, and ensuring that credit goes to small and medium sized businesses. Reichenbach says tax collection would improve if there was less red tape.
Reichenbach laments there's too much bureaucracy and there are too many administrative barriers, especially in corporate tax. For example, customs controls on export companies can take 20 days. The EU average is 10 days.
One of the biggest problems that Reichenbach sees in Greece is the country's lack of competitiveness. He says Greek labor costs are high compared to those EU countries that have not required rescue packages during the financial crisis but have had to help bailout Greece.
Reichenbach notes there are EU countries that have lower per capita incomes than Greece, and they are asking themselves how they should pay for Greece. Reichenbach calls on Greece to explain its reforms for the benefit of people in other eurozone countries.
Reichenbach thinks we have to be fair to Greece, but we also have to be fair to countries that might undergo even deeper changes than Greece. Reichenbach says the fact that a second bailout package has been released for Greece is good. The funds mean his latent government can stand on firmer ground.
But that would change immediately if the winner of the up coming elections in May attempts to reverse the reforms. Greece will report the next set of disappointing budget figures in a few months, and the wrangling over a new debt cut and a new rescue package will start shortly afterwards. But the next wave of the crisis will hit us even sooner, after the elections. Greece holds an election in May which is expected to produce a left-wing majority boycotting the latent government of Governor Reichenbach.
It is the main reason why the European Commission is not taking any chances and is urging Greek officials to stick to the program. Greeks now accumulate yogurt for March 25, independence day of Greece, in order to hurl it at all Graecokleptocrats they could find during the parade! Venizelos introduced the stupidest law on Earth which states ministers of the Greek government are immune to prosecution! As a result of this infamous law, there was not even one Graecokleptocrat that could be prosecuted, even though Graecokleptocrats stole many billions of euros.
Vice-Chancellor Philipp Roesler warns Graecokleptocrats have a choice, reforms within eurozone or no reforms and expulsion. There is no third way. Shape up or ship out, pure and simple! The Greek government must stop violating the Lisbon Treaty. Graecokleptocrats are ungrateful to Germans, and at some point German patience will end. Germans are near the limit of elasticity.
Schaeuble asserts Fourth Reich needs a process that deals with sovereign insolvencies, while solidarity in the bloc has its limits. There's been a fundamental shift in how markets view sovereign debt, and preventing contagion is a tremendous challenge. Now is the time for bold steps in Fourth Reich. Now is the time to expel those member countries which violate the Lisbon Treaty.
Smart words are more effective than smart bombs! Mighty words of a charismatic keynote speaker can transform your people to a new dimension of organizational climate, efficiency, self-actualization, enthusiasm, belonging, and motivation. I would like very much to speak at your conference in order to explain critical points much further. Basil Venitis, venitis@gmail.com
There is a broad political commitment to what is happening in Greece and what is still to happen. That especially applies to the second rescue package on which everything depends on. Yogurted Graecokleptocrats galore! Graecokleptocrats are scared to walk in public, because Greeks hurl yogurt at them. If you are Greek, do not leave home without yogurt, because you could have the enormous pleasure of hurling yogurt at a Graecokleptocrat you might meet that day. This is the best way to release the elastic energy of discontent accumulated inside you. Tomatoes, eggs, and stones could also do the job.
Eurozone paymaster Germany ratchets up the pressure on Graecokleptocrats, saying Fourth Reich needs action, not words. Schaeuble declares promises of Graecokleptocrats on reform are no longer good enough, because so many vows have been broken and the country, which has been a bottomless pit, has to dramatically change its ways. Schaeuble cannot understand why Graecokleptocrats add insult to injury. http://venitism.blogspot.com
Friday, March 16, 2012
[kitchencabinetforum] UNGRATEFUL GREEKS SHOW THEIR MIDDLE FINGER TO GERMANS!
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