Posted by Warm Southern Breeze on Thursday, May 13, 2010
A Greece Fire; Thoughtful Commentary on Unthoughtful Commentary
Having read Mr. Alex Tokarev’s commentary “My big fat Greek bonus” published online May 11, 12:49 PM at http://online.worldmag.com/2010/05/11/my-big-fat-greek-bonus/, I must admit that some of his concerns are, in part, well taken… however poorly expressed. Though he does not adequately support the case for fiscal prudence, the complaints he makes in general terms about fiscal prudence are well-deserved.
Though his straw man argument is inadequately defended, placing exclusive responsibility and blame upon Greek national officials for that nation’s crisis is insufficient, and certainly short sighted. However, his rambling, miasmatic complaints have not fallen upon deaf ears – although they may have fallen upon spirited ones. Excitement, however, must be directed toward a long-term objective, and it is the more broad scope which I think he ignores. While having the ability to direct the nation toward a long-term goal is laudable, he neither cites any governmental mandate. On the whole, after having read his opinion, one might wonder if he were doing little more than expressing infantile frustration, for he certainly offers no potential solution.
The Grecian debt crisis is not due exclusively to what he calls “the bursting of the statist bubble,” “welfare pyramids” or other descriptive pejoratives to describe Grecian governmental services and activities.
Though he decries “irresponsible lenders and borrowers” whom perpetuate “bankrupt political practices,” he attempts to correlate and demean both, describing what he calls a “strong culture of entitlement” as “a beast,” though he never specifically mentions any program, plan, office, group or person.
As colorful and passionate as he may feel about Greece’s problems, he failed to …Continue…
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Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Alan Greenspan, Alex Tokarev, Angela Merkel, avarice, banking, bankrupt, bankruptcy, banks, Bill Clinton, commentary, credit default swaps, crises, crisis, debt crisis, deficit, deregulation, EU, falsehood, Federal Reserve, fraud, George Papandreou, Germany, Glass-Stegall Act, Goldman Sachs Group, government, Grecian, Greece, greed, Greek, insurance, liars, lying, Paul Volcker, politics, rhetoric, stock brokerage houses, WorldMag.com | 3 Comments »
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Warm Southern Breeze 
A Greece Fire; Thoughtful Commentary on Unthoughtful Commentary
Posted by Warm Southern Breeze on Thursday, May 13, 2010
A Greece Fire; Thoughtful Commentary on Unthoughtful Commentary
Having read Mr. Alex Tokarev’s commentary “My big fat Greek bonus” published online May 11, 12:49 PM at http://online.worldmag.com/2010/05/11/my-big-fat-greek-bonus/, I must admit that some of his concerns are, in part, well taken… however poorly expressed. Though he does not adequately support the case for fiscal prudence, the complaints he makes in general terms about fiscal prudence are well-deserved.
Though his straw man argument is inadequately defended, placing exclusive responsibility and blame upon Greek national officials for that nation’s crisis is insufficient, and certainly short sighted. However, his rambling, miasmatic complaints have not fallen upon deaf ears – although they may have fallen upon spirited ones. Excitement, however, must be directed toward a long-term objective, and it is the more broad scope which I think he ignores. While having the ability to direct the nation toward a long-term goal is laudable, he neither cites any governmental mandate. On the whole, after having read his opinion, one might wonder if he were doing little more than expressing infantile frustration, for he certainly offers no potential solution.
The Grecian debt crisis is not due exclusively to what he calls “the bursting of the statist bubble,” “welfare pyramids” or other descriptive pejoratives to describe Grecian governmental services and activities.
Though he decries “irresponsible lenders and borrowers” whom perpetuate “bankrupt political practices,” he attempts to correlate and demean both, describing what he calls a “strong culture of entitlement” as “a beast,” though he never specifically mentions any program, plan, office, group or person.
As colorful and passionate as he may feel about Greece’s problems, he failed to …Continue…
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Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Alan Greenspan, Alex Tokarev, Angela Merkel, avarice, banking, bankrupt, bankruptcy, banks, Bill Clinton, commentary, credit default swaps, crises, crisis, debt crisis, deficit, deregulation, EU, falsehood, Federal Reserve, fraud, George Papandreou, Germany, Glass-Stegall Act, Goldman Sachs Group, government, Grecian, Greece, greed, Greek, insurance, liars, lying, Paul Volcker, politics, rhetoric, stock brokerage houses, WorldMag.com | 3 Comments »