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To: Haim R. Branisteanu who wrote (72986)3/21/2010 5:35:35 AM
From: Haim R. Branisteanu  Respond to of 74559
 
Papandreou is quite unrealistic and a whiner unable to govern.

California pays over 6% when issuing GO debt because the CA State finances,- then why not Greece should pay the same?

The US Federal Treasury pays slightly over 3.3% when issuing 10 year notes as is Germany

Then why should Greece Papandreou complain about high interest rates at a time that Schwarzenegger governing California does not make so much public fuss.

Well I think it has to do with arrogance and stupidity which it seems is in ample supply in Athens – could it be because of olive oil? - or the Mediterranean Sea air, - or the too many islets to govern?

The whole issue is really starting to be ridiculous – all the fuss about less than 20 billion at a time that the US has a $220 billion deficit in 28 days!! (Excluding states and municipalities)

In a nutshell the airwaves are filled with nonsense by all kind of financial talking heads and shills and Papandreou spoofs his importance for the equivalent of deficits generated in 3 days of by the US.

Really ridiculous – giving an excuse for the thieves and swindlers of WS to run up and down the markets syphoning money from our pockets into theirs an removing our attention from the real issues plaguing the world – like continuation of draught or the policies of China, Iran, Brazil etc., etc.,