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Socialism: The welfare states are simply running out of people to
stick it to

"While President Obama was making his latest pitch for a brand new,
even more unsustainable entitlement at the health care "summit,"
thousands of Greeks took to the streets to riot. An enterprising cable
network might have shown the two scenes on a continuous split screen -
because they're part of the same story. It's just that Greece is a
little further along in the plot: They're at the point where the canoe
is about to plunge over the falls. America is further upstream and can
still pull for shore, but has decided instead that what it needs to do
is catch up with the Greek canoe. Chapter One (the introduction of
unsustainable entitlements) leads eventually to Chapter 20 (total
societal collapse): The Greeks are at Chapter 17 or 18.

What's happening in the developed world today isn't so very hard to
understand: The 20th century Bismarckian welfare state has run out of
people to stick it to.....

.....Greeks in the public sector retire at 58, which sounds great. But,
when 10 grandparents have four grandchildren, who pays for you to
spend the last third of your adult life loafing around?..

..In practice, because Spain, Portugal, Italy and Ireland are also on
the brink of the abyss, a "European" bailout will be paid for by
Germany...

....Welfare always breeds contempt, in nations as much as inner-city
housing projects. How dare you tell us how to live! Just give us your
money and push off....

....Think of Greece as California: Every year an irresponsible and
corrupt bureaucracy awards itself higher pay and better benefits paid
for by an ever-shrinking wealth-generating class....

In Greece, they've run out Greeks, so they'll stick it to the Germans,
like French farmers do. In Germany, the Germans have only been able to
afford to subsidize French farming because they stick their defense
tab to the Americans. And in America President Obama, Nancy Pelosi and
Harry Reid are saying we need to paddle faster to catch up with the
Greeks and Germans. What could go wrong?

Unfortunately, Germany is no longer an economic powerhouse. As Angela
Merkel pointed out a year ago, for Germany, an Obama-sized stimulus
was out of the question simply because its foreign creditors know
there are not enough young Germans around ever to repay it. Over 30
percent of German women are childless;......."

He gets up in the morning and posts his stuff before breakfast....


"PJ O'Donovan" <nxtzmtnman@tds.net> a écrit dans le message de groupe de
discussion :
d28c1bae-e9f2-4ce4-9ced-a67baefd7cbc...oglegroups.com...
> Socialism: The welfare states are simply running out of people to
> stick it to
>
> "While President Obama was making his latest pitch for a brand new,
> even more unsustainable entitlement at the health care "summit,"
> thousands of Greeks took to the streets to riot. An enterprising cable
> network might have shown the two scenes on a continuous split screen -
> because they're part of the same story. It's just that Greece is a
> little further along in the plot: They're at the point where the canoe
> is about to plunge over the falls. America is further upstream and can
> still pull for shore, but has decided instead that what it needs to do
> is catch up with the Greek canoe. Chapter One (the introduction of
> unsustainable entitlements) leads eventually to Chapter 20 (total
> societal collapse): The Greeks are at Chapter 17 or 18.
>
> What's happening in the developed world today isn't so very hard to
> understand: The 20th century Bismarckian welfare state has run out of
> people to stick it to.....
>
> ....Greeks in the public sector retire at 58, which sounds great. But,
> when 10 grandparents have four grandchildren, who pays for you to
> spend the last third of your adult life loafing around?..
>
> ..In practice, because Spain, Portugal, Italy and Ireland are also on
> the brink of the abyss, a "European" bailout will be paid for by
> Germany...
>
> ...Welfare always breeds contempt, in nations as much as inner-city
> housing projects. How dare you tell us how to live! Just give us your
> money and push off....
>
> ...Think of Greece as California: Every year an irresponsible and
> corrupt bureaucracy awards itself higher pay and better benefits paid
> for by an ever-shrinking wealth-generating class....
>
> In Greece, they've run out Greeks, so they'll stick it to the Germans,
> like French farmers do. In Germany, the Germans have only been able to
> afford to subsidize French farming because they stick their defense
> tab to the Americans. And in America President Obama, Nancy Pelosi and
> Harry Reid are saying we need to paddle faster to catch up with the
> Greeks and Germans. What could go wrong?
>
> Unfortunately, Germany is no longer an economic powerhouse. As Angela
> Merkel pointed out a year ago, for Germany, an Obama-sized stimulus
> was out of the question simply because its foreign creditors know
> there are not enough young Germans around ever to repay it. Over 30
> percent of German women are childless;......."

On Mar 7, 6:14*am, "PJ O'Donovan" <nxtzmtn...@tds.net> wrote:
> Socialism: The welfare states are simply running out of people to
> stick it to
>
> "While President Obama was making his latest pitch for a brand new,
> even more unsustainable entitlement at the health care "summit,"
> thousands of Greeks took to the streets to riot. An enterprising cable
> network might have shown the two scenes on a continuous split screen -
> because they're part of the same story. It's just that Greece is a
> little further along in the plot: They're at the point where the canoe
> is about to plunge over the falls. America is further upstream and can
> still pull for shore, but has decided instead that what it needs to do
> is catch up with the Greek canoe. Chapter One (the introduction of
> unsustainable entitlements) leads eventually to Chapter 20 (total
> societal collapse): The Greeks are at Chapter 17 or 18.
>
> What's happening in the developed world today isn't so very hard to
> understand: The 20th century Bismarckian welfare state has run out of
> people to stick it to.....
>
> ....Greeks in the public sector retire at 58, which sounds great. But,
> when 10 grandparents have four grandchildren, who pays for you to
> spend the last third of your adult life loafing around?..
>
> *..In practice, because Spain, Portugal, Italy and Ireland are also on
> the brink of the abyss, a "European" bailout will be paid for by
> Germany...
>
> ...Welfare always breeds contempt, in nations as much as inner-city
> housing projects. How dare you tell us how to live! Just give us your
> money and push off....
>
> ...Think of Greece as California: Every year an irresponsible and
> corrupt bureaucracy awards itself higher pay and better benefits paid
> for by an ever-shrinking wealth-generating class....
>
> In Greece, they've run out Greeks, so they'll stick it to the Germans,
> like French farmers do. In Germany, the Germans have only been able to
> afford to subsidize French farming because they stick their defense
> tab to the Americans. And in America President Obama, Nancy Pelosi and
> Harry Reid are saying we need to paddle faster to catch up with the
> Greeks and Germans. What could go wrong?
>
> Unfortunately, Germany is no longer an economic powerhouse. As Angela
> Merkel pointed out a year ago, for Germany, an Obama-sized stimulus
> was out of the question simply because its foreign creditors know
> there are not enough young Germans around ever to repay it. Over 30
> percent of German women are childless;......."

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