The wheels are coming off the Greek gravy train

by editor on June 28, 2011

Greece is socialism’s future, a country split between those getting ludicrous government benefits and those who don’t want to pay for them.

The Daily Mail probes the rift:

…the average salary on Greece’s railways is $95617 US… treble the earnings of the average private sector employee [in the UK].

greek crisis

Poor, impoverished Greeks enjoying a meager meal alongside their yachts

[The overground rail network’s] annual income is only $127.4m US from ticket sales, the wage bill is more than $796.8m US a year — prompting one Greek politician to famously remark that it would be cheaper to put all the commuters into private taxis. 

Ridiculously, Greek pastry chefs, radio announcers, hairdressers and masseurs in steam baths are among more than 600 professions allowed to retire at 50 (with a state pension of 95 per cent of their last working year’s earnings) — on account of the ‘arduous and perilous’ nature of their work.

Mattress testers? They probably retire at 45.

If there were any taxpayers, they’d be complaining.

….only 5,000 people in a country of 12 million admit to earning more than $143000 US a year — a salary that would not be enough to buy a garden shed in [the wealthy suburb of] Kifissia.

Manipulating a corrupt tax system, many of the residents simply say that they earn below the basic tax threshold of around $15900 US a year, even though they own boats, second homes on Greek islands and properties overseas.

And, should the taxman rumble this common ruse, it can be dealt with using a ‘fakelaki’ — an envelope stuffed with cash.

Don’t worry about the Greeks, though. Since our economy is in such outstanding condition, President Obama has pledged that we will help Greece out with its “crisis.”

– Written by Bonfire of the Absurdities

Source: Daily Mail UK

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Joe Redfield
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Joe Redfield

Greece – the cradle of democracy, the grave of Progressive Economics.

Neo-7
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Neo-7

I have great hope for your statement , but Progressive Economics will never quit until everyone is dead .

KimmyQueen
Member

I got in trouble for hating on Greece a few weeks ago. I don’t give a crap, I am going to STILL hate on Greece, Greece doesn’t deserve our money and Obama is making yet another mistake with money that ain’t his. Let them resolve their issues, we have our own issues to take care of.

Buck O'Fama
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Buck O'Fama

Absolutely. Greece was an economic accident waiting to happen in 1999 when the EU let them in; the EU chose to look the other way so that the political empire builders “dream” of a united Europe could go forward. So Greece was a CCC credit borrowing at AAA rates for a decade and now the Ponzi scheme has run out of suckers. The EU and ECB are whining that if Greece defaults it will be a world-wide disaster, but more likely it will be a disaster for their stupid banker cronies who made the bad loans and bought the bad debt. Maybe if they’re forced to settle for 5 cents on the dollar, they’ll think twice about where they invest money next time. There’s no reason we should have to bail these jackasses out.

hisham
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hisham

What, are we suddenly going to run out of olive oil, retsina, ouzo, or Kalamata olives. Or maybe their tremendous and nationalized Delta (three wheeled scooter from hell that everybody in the world wants to own…not. They can’t even manage to get sales up in Greece for goodness sakes) Factory has gone under and the World Bank has informed the EU that it’s just too big to fail!

Vic
Member
Vic

I agree, BUT why the hell is obomie throwing Israel under the bus???? That is the ONLY democracy in the middle east, and obomie turns his back on them, and farts.
Help me with the math Kimmy, Greece is a part of the EUROPEAN UNION, right???? So they can deal with EUROPE all by themselves. Who looks out for Israel’s good? Our f’ing president wants them to give back their lands to the 1967 borders, which they cannot defend. Palestine is just a poor part of Syria. WHY in the hell don’t they just leave Israel ALONE???????

Vic
Member
Vic

And Kimmy, don’t give obomie credit for making a mistake. I do not believe it is anything like that. It is looking to me, that he wants to drive us into default, which will bring on the riots we are now seeing in Greece, so he can cram us further into a “New World Order”, that he and his buddy soros (not capped on purpose) so badly want. Stay tuned.

I think I’ll write a country and western song called “Hurry 20-12” We so have to rid ourselves of him.

KimmyQueen
Member

All I know is that Greece has nothing that I can’t get here and it ain’t all that. It shouldn’t get my money. Obama is a mess. Save the stupids and turn your back on your friends is his motto.

Buck O'Fama
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Buck O'Fama

I wonder if John Kerry has a tax-free yacht docked there?

hisham
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hisham

I bet he moors it on Mikonos!

The Dogfather
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The Dogfather

I’ll send a team over to Greece, Harry Reid, Nancy Pelosi, Bill Maher, Howard Dean and George Soros….my only condition: they can never come back!

DefHarryMelon
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DefHarryMelon

President Obama has pledged that we will help Greece out with its “crisis.” Now that’s seriously fakelaki-ed.