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PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!

 
Anonymous Coward
User ID: 37030452
Austria
03/28/2013 10:00 AM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
oh gawd.
no, not this, no...

ah
Renegade (Me too)

User ID: 36932227
United States
03/28/2013 10:08 AM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Has it ever occurred to anyone in Europe that maybe Socialism is the problem here? Because America sure hasn't figured that out yet...
 Quoting: Saddletramp


for me, the lack of growing and no labour rules in countries like China and India is the problem...
 Quoting: Luisport


Well I think it is this hybridized system of capitalism/communism/fascism that were using...I call it "Beastism"...

However I'm speaking more in political terms of socialism and it's role in government. The producers will only support the non-producer for so long...

Because you can never maintain a proper balance in the socialist system, eventually there are too damn many non-producers, and the producers revolt against the system.

I'm seriously considering going Galt myself...

I mean right now I pay an average over the last ten years of six figures per year in taxes. Local, state, and federal...if I just stopped producing and lived off of my accumulated wealth, if I only bought what I absolutely needed...well if thousands of upper middle class and high production small business people did this, it would begin to make a dent.

Alinsky thought the revolution would come from the non-producer class, but they are totally dependent and will never bite the hand that feeds them...

No, the revolution is going to come from the producers, because so many of us are tired of footing the bill...
 Quoting: Saddletramp


:myatlas:
Who is John Galt?
Luisport (OP)

User ID: 37017409
Portugal
03/28/2013 11:04 AM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Holger Zschaepitz‏@Schuldensuehner43 min
Dijsselbloem Acted ‘Very Strongly’ in #Cyprus Rescue, Dutch PM Rutte Says. "We now have a tool box that can be used to deal with crises.’
Anonymous Coward
User ID: 1540313
United States
03/28/2013 11:04 AM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
+5 and Pin !

Portughese, get your money OUT of the banks YESTERDAY !


It seems that my prediction (and others) that April is doom might be fullfiled :)
 Quoting: recollector


ohyeah
 Quoting: Luisport



5a
 Quoting: recollector


My April doom comes on th 15th when I pay taxes, ugh.
Anonymous Coward
User ID: 1540313
United States
03/28/2013 11:08 AM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Luisport is right, the tragedy of India and China is their use of slave labor of all ages, and no other countries are willing to go that far to compete w/them.peace
Anonymous Coward
User ID: 36784441
Belgium
03/28/2013 12:36 PM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
well done portuguese politicans...

clappa
Marxist

User ID: 8296504
New Zealand
03/28/2013 01:01 PM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
...


Going Galt, from Ayn Rand's book Atlas Shrugs. Stop feeding the system, stop producing new wealth for the government to take and just live off of your accumulated wealth.....starve the bastards out.
 Quoting: Saddletramp


WOW i just discover i'm a Galf!!! tounge
 Quoting: Luisport


Lol, Galt keeps popping up all over these days, no surprise really.Be careful with Rand though, shes a capatalist Zionist poster child.
 Quoting: Anonymous Coward 26302253


I'm no Rand worshiper...not by any stretch, but I do think she was on to something in Atlas Shrugs, even if it's not entirely correct.

Saul Alinsky thought that the overload of the system would come from the non-producer class, then when the Socialist handouts were stopped because of corruption and bankruptcy, the non-producer class would revolt against the system out of sheer starvation.

Rand thought the producer class would eventually overload the system by stopping production, that they inevitably would be the ones who controlled the outcome of the overload because they were the ones with the power of production and idea's needed to make the beast system operate...

I think they are both right in a sense because both sides are causing the collapse to materialize at this point, it's the unstoppable force meeting the immovable object. But realistically, the producer class will always make the rules, the system simply cannot function without them. Non-producers will find they are extremely expendable in this conflict of ideals. And when the cycles turn downward these "useful idiots" will simply die off.

There is no other possible outcome in the larger sense. The only question remains what sort of economic system will be in place, and what governmental systems will dominate...
 Quoting: Saddletramp


Idiots, all idiots!! Capitalism will fail not because this guy is a baddie or that guy is not. It will fail due to over optimisation...too many producers (think China/India) and no more labour surplus...then a deflationary race into oblivion as the process of accumulation grinds to a halt. It is here that the workers, finally done with the system, will bring about change.

You are seeing early signs of this as Europe gets a foretaste.
Workers of the World, Unite. You have nothing to lose but your chains!
Marxist

User ID: 8296504
New Zealand
03/28/2013 01:07 PM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Luisport is right, the tragedy of India and China is their use of slave labor of all ages, and no other countries are willing to go that far to compete w/them.peace
 Quoting: SpiderJones


That level of competition is coming. Have no doubts.
Workers of the World, Unite. You have nothing to lose but your chains!
Anonymous Coward
User ID: 37001083
Germany
03/28/2013 01:47 PM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
more bailouts? I don't think so.bonghit

if you can't survive in the Euro zone without ongoing currency depreciation then you guys should leave the economy block thus the Euro. its that simple. but I believe Portugal gonna make it.

however, it wouldn't be the end of Europe nor the Euro.
Hardwired

User ID: 36908206
United States
03/28/2013 01:49 PM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Sounds like another reason for a stock market RALLY!!
Marxist

User ID: 8296504
New Zealand
03/28/2013 02:24 PM
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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
more bailouts? I don't think so.bonghit

if you can't survive in the Euro zone without ongoing currency depreciation then you guys should leave the economy block thus the Euro. its that simple. but I believe Portugal gonna make it.

however, it wouldn't be the end of Europe nor the Euro.
 Quoting: Anonymous Coward 37001083


This has moved beyond the Euro. German workers are just the backstop to the stripping away of EU government.

Even if you were in your own currenciers, this process would ultimately find you. And it is coming to every country in this world.
Workers of the World, Unite. You have nothing to lose but your chains!
Luisport (OP)

User ID: 37556344
Portugal
04/06/2013 01:55 PM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
yes we will!!! ohyeah
Luisport (OP)

User ID: 37556344
Portugal
04/06/2013 01:56 PM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
yes we will!!! ohyeah
 Quoting: Luisport


Thread: PORTUGUESE FINANCE MINISTER VITOR GASPAR WANTS TO RESIGN!!! GOV TO HASK SECOND BAIL OUT!!! (Page 6)
Luisport (OP)

User ID: 37556344
Portugal
04/06/2013 02:16 PM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Government prepares second bailout

The Government is currently preparing a second rescue plan, calling for more money to the 'troika', according to advance government source. This is an advanced news firsthand by CMTV. [link to www.cmjornal.xl.pt]
Luisport (OP)

User ID: 37595433
Portugal
04/07/2013 02:49 AM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Russian Market‏@russian_market26 min
Soon Europeans will bring their money to Swiss banks not because they avoid paying taxes but because Swiss banks are much safer than in EU.
Luisport (OP)

User ID: 37595433
Portugal
04/07/2013 02:51 AM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Gregor Peter‏@L0gg0l15 h
reminder: Portugal's military protested against austerity last November [link to digitaljournal.com] the government has to be careful
Luisport (OP)

User ID: 37595433
Portugal
04/07/2013 03:46 AM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
The Government is considering paying holiday bonuses for civil servants and pensioners through treasury bonds. The measure may even be announced by Passos Coelho earlier this Sunday when addressing the country at 18:30.

TVI knows that this is a hypothesis that is on the table to address the Constitutional Court, which obliges the state to have to pay the subsidies that had been cut in the budget.

Altogether there are 1,100 million euros gross to be paid through the treasury bills prevent the government has to find alternative measures to compensate for the significant part of the financial hole opened by the Constitutional lead. [link to www.tvi24.iol.pt]
Luisport (OP)

User ID: 37595433
Portugal
04/07/2013 04:17 AM

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Re: PORTUGAL Government prepares second bailout!!! Government ponders paying holiday bonuses with titles treasure!!!
Paulo Dias‏@1ens1 h
#portugal government to pay part of private/state salaries/subsidies with government bonds. What can we do with this paper?!

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