Originally Posted by Bill Robinson
Jim
You are so wrong. Socialism at its worst is what destroyed Greece's economy. Share the wealth philosophy, not paying taxes and Laziness is what did them in.
They had 50% of the people on the government payroll and most of them didn't pay taxes. 60% of female college grads work for the Government.
They could retire at 50 with almost 100% pay. Elaborate health care plans and entitlement programs.
They had to borrow money to pay themselves and they did it until they borrowed themselves into bankruptcy.
Now they (the people) are rioting because the Government is having to cut back on it lavish social agenda. They are rioting against themselves. The workers were the capitalists not the corporations.
It wasn't pure socialism but it was damn close. It certainly wasn't capitalism.

Actually those percentages are way high for direct public sector jobs. but when you include the jobs done by private sector paid for by public funds they get close.


No Bill corruption is what did them in......the flaws you are talking about are not socialist policies....at no time has Greece ever been a true socialsit country despite having a government who claimed to be socialist it was in fact almost a dictatorship.....you forget on the other hand that it was capitalist greed that has brought the world to its knees because of the lack of control we had with those greedy bankers and companies who refuse to pay any taxes.
The question I would pose is where has all the trillions of lost pounds and dollars gone?...how they have been taken out of the system...someone must have all that cash in numbered bank accounts?

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