Anonymous wrote:

Anonymous wrote:

It is in Greece's interest to remain in the Euro Zone, but only in the right circumstances. The Greeks can threaten to default in order to get the best terms possible until someone calls their bluff. At that point, the Greeks need to decide if they are bluffing or not. I don't think Germany, or to a lesser extent France, will allow Greece to default. Instead, they will concede to Greece's demands.

Oops.

The oops referred to "Instead, they [the EU] will concede to Greece's demands." It took about 15 hours from the time of this post for the EU to call the Greek bluff. Of course, all that can change in the next hour, so who knows?

I do think it's somewhat misguided to think that Greece holds the whip in this situation.

Greece has been suffering and will continue to suffer regardless. It is in a position to decide just how much additional suffering it will accept before it begins making others suffer as well. To that extend, they hold the plurality of the whip.

The European leaders, unlike our President, understand that you don't open negotiations on the other side of the table. Rather, you start with your hardest line and negotiate from there. As I said, let's wait until we see what deal is worked out.

Anonymous wrote:even if the haircut is 33%, it is still a huge default. That ship has sailed, they are just trying to contain it to Greece so the interest rates for Italy and Spain do not go through the roof.

No, it's not a default. Defaults don't happen with the banks' consent.

I agree that posters calling out trolls in threads frequently derails legitimate discussions. I have repeatedly asked posters to report their suspicions either via the "report" button or by posting in "Website Feedback".

Anonymous wrote:

Anonymous wrote:

It is in Greece's interest to remain in the Euro Zone, but only in the right circumstances. The Greeks can threaten to default in order to get the best terms possible until someone calls their bluff. At that point, the Greeks need to decide if they are bluffing or not. I don't think Germany, or to a lesser extent France, will allow Greece to default. Instead, they will concede to Greece's demands.

Oops.

yeah that quote is pretty misinformed. They already agreed to a huge "default". What do you think a 50% haircut on Greek debt is? A default of course.

The problem was that the banks were redefining the haircut so that it wasn't 50% anymore. Let's wait until we hear the details of what has been worked out in Cannes before you start claiming quotes are misinformed. Besides, canceling the referendum doesn't mean that Greece can't continue to threaten to default.

Of course, as luck would have it, this firm is led by a prominent Democrat. It shows not only what is wrong with Wall Street, but what is wrong with today's Democratic Party.

Several people have reported this thread and suggested the post might be fake. I have no reason to believe that it is not a truthful thread. The original poster has always identified herself in subsequent posts and has done nothing to suggest that she is not honestly dealing with a very difficult situation.

Anonymous wrote:Didn't Cain justblaeme perry for this mess?

Yes, I guess he changed his tune since this morning. Romney probably is in need of oxygen after being out of breath from laughing so much.

It is in Greece's interest to remain in the Euro Zone, but only in the right circumstances. The Greeks can threaten to default in order to get the best terms possible until someone calls their bluff. At that point, the Greeks need to decide if they are bluffing or not. I don't think Germany, or to a lesser extent France, will allow Greece to default. Instead, they will concede to Greece's demands.

This situation again highlights the problem of "too big to fail" banks. If this was just an issue of allowing Greece to default, very few would care. But, if Greece goes down, it takes Germany's banks with it. Then, the Germans will have to bail out their banks in order to avoid much bigger problems.

If Greece does default and leave the Euro Zone, it will devalue the drachma and increase its exports. Once its back on its feet, the banks will be there with money bags. Bankers aren't not known for passing up a chance to make a buck (or a drachma). Nor, as we have seen much more than we would wish, are they known for avoiding risky loans.

I'd put it a bit differently. Greece should stop letting the bankers call the shots. If Greece defaults, the entire Euro Zone could crumble. Since it's the one holding the cards, Greece should be dictating terms.

It looks like things are just getting worse for Cain. A third employee at the NRA says Cain harassed her, a conservative Iowa talk show host says Cain behaved inappropriately around his female staff, and a Republican pollster has gone on the record to say he witnessed Cain harass an NRA employee. Cain continues to blame liberals who he claims oppose him because he is black. Daily, Cain is reinforcing the message that he is politically inept (along the way he issued a warning that China was pursuing nuclear weapons) and probably up to his ears in sexual harassment incidences. He has promised that his wife will come out of hiding, but at this point he may be hiding from her.

So, as the Cain campaign starts circling the drain, who will be the next anti-Romney?

Anonymous wrote:

Anonymous wrote:
If IQ does change are there certain environments or exercises (training) that improve IQ? Conversely, are there certain activities (or lack thereof) that may result in diminsihing IQ?


Please stick to the topic of the thread. If you would like to discuss another topic, please begin a new thread to do so.
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Administrator, please tell us how this post does not relate to the purpose of "WPPSI re-tests". Why re-test? The post is directly related to the thread. If the purpose of your admonition is to ban and regulate conversation, or take sides, then do so out of under the pretense the post does not have bearing on this thread. Thank you.

It is not my job to explain things to you. It is your job to adhere to the forum guidelines. While you may find that difficult, I will find removing your posts to be fairly easy.

Anonymous wrote:If IQ does change are there certain environments or exercises (training) that improve IQ? Conversely, are there certain activities (or lack thereof) that may result in diminsihing IQ?

Please stick to the topic of the thread. If you would like to discuss another topic, please begin a new thread to do so.

Anonymous wrote:
Wait...what channel? The only television/cable news I ever watch is Fox News, when I am on the treadmill at the gym. I don't believe I have ever once seen him on Fox, and I frankly didn't know he was even around anymore. Where have you seen him? Is he the token conservative on some liberal channel? If so, too bad, because I don't think he's representative of a lot of conservatives today.

He seems to live out of "liberal" MSNBC's studio. He is constantly on there. I don't know that he is a token because "liberal" MSNBC has plenty of other conservatives on board. It's good if conservatives are starting to disown him.

[quote=Anonymous][quote=jsteele][quote=Anonymous]"Jesse Jackson made a bigoted remark. But, I don't think that remark defines him and I wouldn't say that he is a bigot so much as someone who doesn't know when to close his mouth."

Oh come on, there is no way you will give a caucasian a pass like this--nor should you. This double standard is tiresome[/quote]

Wrong. I am perfectly willing to agree with the other poster that George Allen is not a bigot. He made a bigoted remark and there are a few other questionable issues in his past, but I don't think it is fair to call him a bigot. Of course, [i][b]there are a number of other very good reasons to vote against him[/b][/i].
[/quote]

In order of importance, if you don't mind:[/quote]

1) He is a Republican. I'd like to see the Senate remain in Democratic hands. Really, the list could stop here. The rest, not in order of importance:
2) Based on his previous Senate term, he has a 0% NARAL (pro-choice) rating
3) He supported tax subsidies for companies that move US jobs offshore
4) He supports school vouchers, which I oppose
5) He supports drilling in ANWR
6) 100% Christian Coalition rating -- which means anti-gay among other things
7) He supported the PATRIOT act
8) He is joined at the waist with the oil and gas industry
9) and so on...

Anonymous wrote:"Jesse Jackson made a bigoted remark. But, I don't think that remark defines him and I wouldn't say that he is a bigot so much as someone who doesn't know when to close his mouth."

Oh come on, there is no way you will give a caucasian a pass like this--nor should you. This double standard is tiresome

Wrong. I am perfectly willing to agree with the other poster that George Allen is not a bigot. He made a bigoted remark and there are a few other questionable issues in his past, but I don't think it is fair to call him a bigot. Of course, there are a number of other very good reasons to vote against him.