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Title: "Germany refuses to help Greece..." - Who helps America? Post by: WhiskeyGirl on April 26, 2010, 08:32:55 PM Quote Germany refuses to help Greece unless it agrees to tougher terms Germany's finance minister Wolfgang Schauble has raised fresh obstacles to the €40bn (£35bn) aid package for Greece, warning that Berlin will not transfer funds until Athens agrees to tougher terms. more here - http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7632538/Germany-refuses-to-help-Greece-unless-it-agrees-to-tougher-terms.html (http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7632538/Germany-refuses-to-help-Greece-unless-it-agrees-to-tougher-terms.html) from the comments - Quote "If your neighbour's house catches fire, it's not to your advantage to sit back and do nothing." Most property owners are not expected to act as a fire brigade. And if you live in a neighbourhood where homeowners are pyromaniacs who regularly set their own houses on fire to cash in on the insurance, you'd be unwise to help straight away - particularly when they're asking you to give them petrol rather than water. The Germans are expected to help in the same way that savers, investors and pension-contributors are expected to pay more tax to help greedy and improvident debtors. Instead of looking for retiree Cadillac health plans to cut costs, Obamacare fuels the fire with it's 'reinsurance' provision, which lifts money from pockets on Main Street, to fuel the growth of $40,000 a year Cadillac plans - all but free to retirees. Nothing in Obamacare for Main Street but debt. All the money and benefits seems goes to Obama's special interests. my opinions. Anyone think Obama's financial reforms will make things better? |