James Pethokoukis of Reuters actually defends the fact that American politicians have ROBBED the taxpayers, always the last in line for money, to rescue the bankers, who are always first:
Of course, voters should be skeptical of paying for other people's financial mistakes. But it seems short-sighted for them to penalize politicians when they actually do something that's unpopular but right. And the TARP bailout does seem to have been the right thing. Despite its high sticker price, the final cost to American taxpayers will likely be a fraction of that thanks to speedy bank repayment of government capital injections.
Yeah. Speedy repayments. Sort of like GM's with TARP funds. If they could do it so quickly, maybe you overestimated the gravity of the original problem, and discount now how banks' profits are made possible by capital from the taxpayers.
[C]orruption pervades Greek society to the point that to purge it would destroy the social fabric: all political and social relations are premised on corruption.
You may be willing to justify theft, but the voters in Utah don't accept accommodation with corruption, throwing out Senator Bennett in the Republican PRIMARY. And now the voters in West Virginia have joined them, throwing out Representative Mollohan in the Democrat PRIMARY. All this after Germans just voted against Angela Merkel last Sunday after agreeing to bail out the Greeks.
Do you see a trend here, James?
Better get used to it.
