Tuesday, November 01, 2011

Fuck It. Let Greece Burn

Greek leftism becoming a global parasite

Imagine, if you will, a close cousin or younger brother who just can't seem to live within his means.

Once a year, every year, he comes with his hand out, begging for a not-insubstantial amount of money to sustain his grandiose lifestyle.

After several years of indulging them, hoping they'll get their shit together, you finally decide enough is enough. You tell him that you'll only help him if he stops going to the pub every night, and drinking himself into a stupor while his bills go unpaid.

Stunned by the ultimatum, he instead tells you that he'll have to take a referendum of his barfly buddies before he's willing to make that kind of a commitment. Bankrolled by your generosity, he frequently buys rounds for the bar. They like that. One thing firmly in his favour is that he has a guarantor for all his bills, and that someone else will ultimately be on the hook if they go unpaid. From his point of view, his worst case scenario is that you and his other creditors go unpaid.

Substitute Greece for the bum in question and you have precisely what happened in Greece today. After the European Union worked tirelessly to come up with a bail out package and a stabilization plan for the Greek economy, Greek Prime Minister George Papandreou told the EU that he and the people of Greece will have to think about it.

The Socialist Party has already declared the deal "dead".

So it's time for the EU to take a different approach: kick Greece out of the Eurozone and the European Union, direct their bailout package toward cutting the losses of Greece's creditors while they foreclose on every debt-backed piece of property or capital in Greece.

Enough is enough. It's time to let the far-left parasites in Greece burn in the economic fire they started. Far-left socialism, as it's manifested itself in Greek politics, has become a cancer on the global economy. It's time to excise the tumour.


  1. Exactly.

    It brings to mind a similar comparison I did a while back about North Korea as South Korea's drunk gun-nut older brother: http://www.propagandistmag.com/2010/07/24/north-korea-mean-drunk-asia

  2. The problem is that no one wants anyone to suffer negative consequences for their actions. The free market only works if people who act stupid are allowed to fail. When the stupid people are propped up by bailout after bailout, they will predictably continue their erring ways. Then there will be a bigger crisis than if they had been left alone in the first place.

  3. I agree with Suzanne. We shouldn't be bailing out banks that act irresponsibly, we shouldn't be bailing out car manufacturers that act stupidly, we shouldn't be bailing out countries that think they're entitled to leech off the global economy.


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