Κυριακή 1 Απριλίου 2012

Greek Elections




The most likely cast this year will be directly into the garbage can!
What was the overhyped PSI anyways? Private Sector Involvement. The boys on Wall Street got to buy CDS and insure their Greek bonds whereas small bond holders, individuals, took a total loss somewhere in the sixty to eighty percent range with no return into the twenties (2020+). What does all this mean? An individual who bought government bonds in this country will not see any of it for years to come. Banks take a beating too but most of all pension funds pay the bill. So it is not a full blown bankruptcy just a partial one. The irony is that the two protagonists of this election promise to save us all from this situation. The very same people and faces that steered us straight into it. Or you could vote for the communists, or one of the smaller socialist parties or any of the many splinter parties. If you don't vote or cast a blank ballot then your vote gets counted in favor of the first party. It is our rule of enriched democracy. I have included links of some of our better adds this year. At least if you clicked on this page you should have a laugh. For those of you that speak the language this last one should get you rolling. http://www.youtube.com/watch?v=8CheF0m3ZlA Better article next time boys and girls...

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