[FoRK] World stocks dive on Greece turmoil

mdw at martinwills.com mdw at martinwills.com
Fri May 18 18:10:12 PDT 2012


I thought it was interesting that every Greek Orthodox Priest became state
employees just a couple of year ago.  So paying their priests retirements
and salaries sounds like socialism to me.

Martin


> On 5/18/2012 3:41 PM, Gary Stock wrote:
>  > On 5/17/12 9:03 AM, mdw at martinwills.com wrote:
>  >> Greece decided they wanted full socialism...
>  >
>  > That's like explaining the collapse of credit default swaps by
> saying, "Wall Street decided they wanted full capitalism."
>  >
>  > Greece decided ~INSANITY~, regardless of any political or economic
> underpinning.
>
> Nah, Greece just decided to put their credit to use, like so many
> American homeowners. "Live Richly!"
>
> It's not insanity if big safe corporations are telling you to do it.
>
> http://www.nytimes.com/2008/08/15/business/15sell.html?pagewanted=all
>
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