COMMENT FROM AN E-PAL M.F.— “Long but worth reading. Greece is a microcosm of what happens when both the Left and Right fail to govern realistically. However, the Communist Left is more organized and more willing to use force against anyone or anything that stands in their way. That is why they are winning in Europe and in the streets of America. When someone or group stands up to their thug tactics, and physically takes them on in the streets, then you will see a new, pragmatic movement arise, but there will be blood before there will be stability.”
ANOTHER COMMENT WORTH READING:
The worst case and best known is Greece, and that train wreck just keeps on crashing.Greece got on the Euro, and slowly but steadily progressed further into socialist practices and abuses than anyone else in Europe. (Although some of what they were into is also what Spain, Italy, Portugal, etc, got into, and they have their own major problems.)
We’re talking retirements at 50, total security and generous paychecks and benefits for all gov’t employees and all major unions. In a nation where cheating on taxes is the major national hobby, and there was very little enforcement of tax penalties even though everyone knows the cheating is widespread and intensive.
Basically, the Greek governments have been spending a lot more than they took in for 15+ years, and the debt finally became impossible to conceal and impossible to deal with.
This is why the Germans, who are the hardworking and frugal people of Europe, are really ticked, since it’s their loans that have keep Greece going, and they are very tired of it. (They don’t have any of the radical benefits of the Greeks, and they have to pay their taxes.)
Greek society has grown so accustomed to living on other people’s money that they think it’s their right, and they just threw out the politicians who were just talking about austerity, to put in a party that says absolute NO to austerity. How that’s going to work out will be interesting. If they don’t shape up, they’ll have to go off the euro and back to the drachma, and then they’ll find out what austerity is like because they won’t be able to buy much of anything in world markets with the drachma.This is another example of people doing incredibly stupid things, but somehow getting away with it for a very long time. However, as I always say, sooner or sometimes very later, reality comes up behind you with a baseball bat and WHAM, you’re in the hospital with a cracked noggin. What is hard to predict is just what is going to happen in Greece in the next year or two. Personally, I think it extremely likely that there will be some sort of disaster/collapse, and things will get very, very messy for a while. After which the scale of living for most Greeks will be taking a sharp downturn. Time will tell.
Maybe the other nations in deep trouble will learn something and do better in avoiding their own disasters.And here is an article about Greek universities that will help understanding of a lot of what goes on there.It appears in the British Times Higher Education Supplement, which is generally left-leaning, reflecting the world view of most academics. It tells you what is wrong with Greece, as seen from a particular sector where the Left is dominant.
http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=420077
It may be the birthplace of the academy, but Greece’s now-dysfunctional higher education system is on its knees and in desperate need of reform, argues George Th. Mavrogordatos. However, the country’s politique du pire and its organised violence threaten the possibility of progress.
In the midst of crisis, Greece needs its universities now more than ever – but Greek universities cannot serve their country. With a new university law in limbo, they are decaying, increasingly paralysed, barely operating. Ideally, they should be spearheading an effective response to the debt crisis, primarily by educating qualified, self-confident and productive young people. Instead, the universities actually look like the most hopeless component of the Greek crisis.