Tuesday, 21 June 2011
Cameron Says Maybe no UK contribution to Greek bailout
The video debtocracy see link above is somewhat leftist -however it contains part of the truth. The Greeks -from whom we get the word Democracy- the people never wanted the Euro . As lots of informed posters on newspaper web sites have said in Greece there is much corruption and many individuals and business pay bribes to officials to avoid paying taxes. German companies paid bribes to get Greek politicians to buy lots of military equipment , an air conditioned metro for Athens and so on. All paid for by loans from French , German Banks. Now the Greek Politicians have been bribed into accepting bail out loans to pay the interest on the bank loans. The Greek people know that the austerity measures will only drive Greece into deeper debt. Out of the Euro they would again be a cheap tourist destination, INSTEAD the goverment is puting up vat and wine taxes making Greece a more expensive tourist destination.