Lagarde Pays the Price of Telling the Truth about Greece

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Lagarde Pays the Price of Telling the Truth about Greece

Andy Dabilis

Unlike Captain Renault, who, while visiting Rick’s Cafe in the movie Casablanca, shouts that “I’m shocked, shocked to find out that gambling is going on in here!” only be handed his winnings a moment later, International Monetary Fund Managing Director Christine Lagarde was not surprised that tax evasion is going on in Greece, although everyone in

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May 31, 2012

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3 readers comments


1. Nicholas Kostopoulos wrote on June 01, 2012 3:34 PM	The end is near for ND, PASOK, and unfortunately Greece also. It looks like it will probably be thrown out of the EURO and the E.C.C.. The Greek citizens of Greece have had their cake and eaten it for too long. Near they must pay off the piper. Of course the poor will suffer as they always are, but like hope that the rich get theirs also.

2. Philip Vorgias wrote on June 01, 2012 3:40 PM	The rich never 'get theirs', Nicholas. They just cut and run, as the capital exodus going on in Greece right now demonstrates. The masses have never figured that out. They keep on buying into the promises of every demagogue which comes along and promises them he's going to even things out. Never happens. Tsipras will fail as well. And the masses will end up picking up the tab for his failure. They never learn.

3. Nicholas Kostopoulos wrote on June 04, 2012 11:41 AM	Your'e probably right Phillip, Greece never learns from its mistakes, but it seems to always take the easiest way out. The rich even here, when a change is in the wind, always can pull up their stakes and leave (tax increases for the rich).
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