“Well, it is tree that the banskters robbed me blind in the USA. It may be true that banksters also robbed the Greeks blind. However, it was the Greek Government who wanted to hide their debt and lie about it, it was the Greek citizens who created much of that debt by refusing to pay their taxes and it is the Greek government and the Greek citizens who now want someone else to pay back all the money they borrowed. And, by the way, not only borrowed, but spent.
“"Goldman Sachs had been complicit in allowing previous Greek governments to cook their books and hide the size of the Greek deficit" Nonsense! Goldman was merely asked how the Greek government could defer the debt and GS showed them how. It wasn't GS who lied about the size of the debt, nor can they "allow" a government to do anything. However, you are right about banks, insurance companies and union pension funds wanting to push the losses onto taxpayers rather than reap the rewards of their own stupidity.
The problem is that the Greek taxpayer doesn't pay taxes (which is why Greece went bankrupt in the first place) and would rather some other country's taxpayers pay for the mess they created. Please.
The solution is simpler: 1) Cut income tax rates to 15% for everyone - individual and corporation alike 2) Eliminate all credits or deductions of any kind 3) Make the the tax free allowance 10,000 per person
“Well, running out of money is often cured by going to live with a relative, who provides rent, food, utilities, cleaning and laundry services free of charge. However, this does not help the youth in question. Far better to charge commercial rates for these services and put a time limit on deferred payments: child, by xx/xx/2012 you will either find a job or make one for yourself.
You've heard of "Disgusted, Tunbridge Wells"? Well, I live in Holland Park and I've Had It. Up to here! An old curmudgeon, I rant and rave about things I read, see or hear in the News. Frequently sarcastic, irreverent and libertarian; often wrong - but never uncertain.