• Home
  • About CF&P
    • Board of Directors
    • Staff
    • Contact Us
  • Blog
  • News
    • Press Releases
    • Updates
  • Publications
    • Prosperitas Studies
    • Testimony and Speeches
  • Opinion & Commentary
  • Videos
    • Economic Lessons Series
    • Economics 101 Educational Series
  • Donate

Navigate

  • Home
  • About CF&P
    • Board of Directors
    • Staff
    • Contact Us
  • Blog
  • News
    • Press Releases
    • Updates
  • Publications
    • Prosperitas Studies
    • Testimony and Speeches
  • Opinion & Commentary
  • Videos
    • Economic Lessons Series
    • Economics 101 Educational Series
  • Donate
Beware of Greeks Accepting Gifts

Beware of Greeks Accepting Gifts

Posted on February 16, 2011 by Dan Mitchell

On rare occasions, I dream about being a politician or high-level international bureaucrat. Not because I want to be a moocher (please put me out of my misery if that ever happens), but because I periodically read about some sleazy interest group making petulant demands for handouts and I think about how much fun it would be to tell them to go jump in a lake.

In some cases, the sleazy interest group is an entire nation. Greece recently took a bailout from both the European Union (i.e., European taxpayers) and the International Monetary Fund (i.e., all taxpayers). In exchange for getting a handout, Greek politicians agreed to implement a bunch of deficit-reduction policies.

But like many welfare recipients, the country of Greece has an entitlement mentality and is now whining and complaining about having to live up to its side of the bargain.

All I can think about is how rewarding and satisfying it would be to say, “okay, a__h___s, have it your way, we’re revoking your bailout. Have fun becoming Argentina on your way to becoming Zimbabwe, you bloodsucking leeches.”

Actually, if I had that power, Greece never would have received a bailout in the first place, but I think you know what I mean.

Here are some excerpts from the Reuters report about Greece’s chutzpah.

Greece accused the EU and IMF of interfering in its domestic affairs on Saturday after the international lenders said Athens must speed up reforms and sell more public assets. On Friday, EU and IMF inspectors visiting Greece to monitor the implementation of a bailout plan that saved Greece from bankruptcy, approved more aid for the country but adopted a more critical tone than on previous visits. In rare harsh words, the Greek government said the inspectors’ approach was unacceptable, after coming under fire from local media for not reacting to criticism of the pace of reforms and the call for privatizations. …Earlier in the day, government spokesman George Petalotis said: “We asked nobody to interfere in domestic affairs … We only take orders from the Greek people.”


Bailouts dependency government spending Greece Handouts IMF subsidies welfare state
February 16, 2011
Dan Mitchell

Dan Mitchell

Dan Mitchell is co-founder of the Center for Freedom and Prosperity and Chairman of the Board. He is an expert in international tax competition and supply-side tax policy.

Find Us On Facebook

Follow Us On Twitter

Tweets by @CFandP
"I write to express support for the Center for Freedom and Prosperity's support of tax competition."
    
~ Milton Friedman, Nobel Laureate ~


 "By fighting against an international tax cartel and working to preserve financial privacy, the Center for Freedom and Prosperity is protecting taxpayers, both in America and around the world."
    
~ Rep. Dick Armey, Former Majority Leader, U.S. House of Reps. ~
  • Home
  • About CF&P and CF&P Foundation
  • Donate
  • News
  • Publications
  • Opinion and Commentary
  • Market Center Blog
  • Videos
© Copyright 2014, All Rights Reserved.