Then you remember wrong, AA got taken apart for other issues. They had a pretty solid defense that the company cheated and that sometimes cheating cannot be detected. You can only protect up to a certain degree against criminals. No moral code, no product control or compliance will prevent criminals from doing what they are doing. So, stop suggesting ECB or EU had much knowledge to what degree they were cheated and lied about. Sure, in retrospect they should have triple and quadruple checked but don't suggest they knew and still signed the pact, makes very little to no sense.
Greece stopped the privatisation of national assets and gave thousands of Greeks their job back. So they broke the conditions of the agreement. Many Greeks will be happy to have a job again, but will they ever get a salary too? Maybe for 1 or 2 months. But at least they will have a job. Money is not important. We will see where this will lead to. Will the socialists win, or will the realists win?
It's not bankrupt because it's not public. Unless you're arguing it is morally bankrupt or you're going after one particular part of our healthcare system - medicare/medicaid. I've had insurance all my life. I pay for it and I get great care. No issues from where I stand. If you want to debate single payer or socialistic healthcare, well we Americans don't really care for that. You europeans love that, and that's all good for you. Enjoy. Tone down my rhetoric? You're the one foaming at the mouth, cursing and going bonkers on the topic. I don't have to be a citizen of Europe to admire Tsipras and his letter or the Greek stance of seeing the forest for the trees. Morally and financially, America is no worse or better than most of the world. We're all in the same crap sandwich for the next few decades - except that we're still at the top (which must drive you nuts). Even if it won't be for long. Yes, let us see.
Enron will never be looked at as the event that brought about the US. Greece on the other hand... One is nothing like the other, except in the raging reaches of your hate clouded mind. As for the ECB not knowing, please point out where they did their own independent audit of Greece prior to entry. You know, like they do when the Troika sends folks to audit Greece or Spain.
of course it is bankrupt. Take a look at the insurance premiums. Insurance policies are supposed to work in a way that premiums are are function of actuarial calculations not bandit capitalism. And of course is a large part of the healthcare system public, medicaid/medicare, obamacare... And of course American care about their health care system. Lol, whole presidential elections were decided or at least majorly impacted on/by the issue of health care. Are you as ignorant about welfare recipients in your country as you are about those who cannot afford health insurance? Seriously dude, go to Japan or Germany and you see two pretty well functioning social market economies. I promise you not one German or Japanese citizen would ever prefer to set foot into an American hospital over their own. Really? You really have never asked yourself why it is mostly you people who fear to be nuked unless you invade half the world? Or who used secret services to overthrow whole governments? You just can't keep your bloody nose out of others's businesses. You are by the way not at the top anymore in most economic categories. The paper dragon is not made of paper after all ;-) Greatest, biggest, best, lol, makes me smirk. American addiction with competition. And the funniest part is this: No matter how mediocre someone in your nation is they still win gold medals, collect certificates, get praised. The same people then walk out the door and try to fool everyone else who smart they are. Really? I have lived long enough in the US (particularly NYC) to know better. In no other money center have I come across more overinflated egomaniacs who delivered very little but made a perfect sales pitch. But hey, back to the point: Other than these past 3-4 posts nobody continuously points out shortcomings in your democratic experiment. You are only 220 years old in a sense. Some cause 1-2 wars and swing the sledge hammer, others hardly spend a single year without being in military conflict with other nations, whatever floats each nations boat. But accepting the goodwill of a broad number of people and badly abusing it and lying and cheating like most Greeks did is simply not acceptable and I think most like to see them get a bit more squeezed, figuratively speaking.
Where I come from, bankrupt means broke - has no money. Our system isn't broke. The Obamacare, medicaid, etc...that's a disaster, completely. But that's because we can't decide which way to go - free market or socialism. We could spend months debating this topic. That's not what I'm interested in - there are plenty of folks who will be happy to indulge you in the politics forum on this. I'm not one of them.
Anyone can cheat anyone else. But if I'm the EU, and I'm admitting a country, either one of two things is true: 1. They knew, and they were culpable. 2. They didn't know, and they should have known because it was their job to know. Fault exists, either way.
yeah, your system is not broke, lol. Here is your perfect analogy. A mediocre kid that is brainwashed and sent out to make the world believe how great he/she is. It indeed is almost a miracle how well the Jewish financial establishment particularly in the US manages at buying the trust of the world in its credit, and trust is all your system relies on, more so than most other industrialized economies. The leverage at which most entities in the US operate at is simply insane.