On Sat, Nov 19, 2011 at 6:14 PM, Carrol Cox <cbcox at ilstu.edu> wrote:
> Love of the cryptic wise crack strikes again. I presume he meant that when
> "they" argued with each other the argument was more entertaining than when
> U.S. shitheads argued with each other on TV.
>
> Carrol
>
> -----Original Message-----
> From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
> On Behalf Of Ferenc Molnar
> Sent: Saturday, November 19, 2011 4:36 PM
> To: lbo-talk at lbo-talk.org
> Subject: [lbo-talk] Their arguments are better than our arguments
>
>
> MS wrote: Their arguments are better than our arguments.
>
> FM: Meaning what? The former banker from Goldman Sachs is arguing for the
> ECB/IMF position that the economic meltdown of the EU was caused by
> irresponsible politicians from the marginal countries promising their
> voters
> the moon and putting their voters into debt. Yes, the financial
> institutions
> were somewhat involved, he concedes, but it's really the politicians who
> are
> to blame. So it follows that the corrective measure is to revoke the
> debtors nations' sovereignty and to remove of any democratic or electoral
> obstacle that could get in the way of the installation of technocrats
> allied
> with the ECB to restructure and privatize the debtor nations' civil
> society.
> They had their chance at Democracy and they blew it. They elected
> Berlusconi
> and Papandreou and not Angela Merkel so they don't deserve their
> sovereignty. Scary stuff coming from those nice, well spoken
> representatives
> of the economic arm of the EU.
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