We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

Samizdata additional quote of the day

[Greek government policy is] known as ‘drinking your way back to sobriety’.

The deficit spending the Greek government wants to do is almost-entirely suppressive or neutral to GDP – it is spending by government, for government, on government. The population is shrinking, their internal revenue picture is already dreadful and only getting worse (because they have the worst ratio of producers to consumers of tax funding in the civilized world, and getting worser) and the only way any government of Greece can survive and keep the mayhem in the streets down to acceptable levels is to restore the drunken-sailor approach to public spending that got them into trouble in the first place. This means 14 monthly pension checks a year, retirement at 50 for workers in hazardous trades like hairdressing, and all the other 1,001 ways they managed to bankrupt themselves already.

- Serial commenter llamas

3 comments to Samizdata additional quote of the day

  • 'Nuke' Gray

    A ‘worser’ is like a ‘wowser’, but worse!

  • Paul Marks

    I am still unable to find out what the specific policies of the “Independent Greeks” are – they say they are anti bailout but they have not said, specifically, what they would do.

    All they will say is that they are in favour of setting up a grand committee which would…..

    Well would what?