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It's Official - Greece Unveils The Negative Salary, And A Whole New Meaning For "Pay To Play"

Tyler Durden's picture




 

We thought we had seen it all. It turns out we hadn't. The country that gave the world the alphabet, philosophy, and plates with funny sexually ambiguous drawings on them, has outdone itself again. Because beginning this month some Greeks will have to pay for the privilege of having a job. From the Press Project:

Salary cutbacks (called "unified payroll") for contract workers at the public sector set to be finalized today. Cuts to be valid retroactively since november 2011. Expected result: Up to 64.000 people will work without salary this month, or even be asked to return money. Amongst them 21.000 teachers, 13.000 municipal employees and 30.000 civil servants.

Needless to say the BLS is salivating at the prospect of US workers paying for a job, as this will immediately allow them to double count said person's role in the employed part of the labor force (which incidentally has shrunk by 1% in the time it took to write this), as the money said "worker" pays can be used in the BLS hedonic models to theoretically hire many more people courtesy of fractional reserve lending. Now if only everyone would agree to pay for the joy of playing Solitaire 9 to 5, then all the world's problems would be solved.

 

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Wed, 03/14/2012 - 03:55 | 2253212 Olympia
Olympia's picture

History shall repeat itself in a far greater scale and therefore the benefit for the leading roles shall be much greater. If ancient Greeks won the battle against the barbarity of the East in favour of Europe, then modern Greeks are those who are meant to win the battle against the barbarity of both Eastern and Western world in favour of the human kind. The world has become a little “village” and in this “village” everyone knows what the character of the others is.

Wed, 02/22/2012 - 11:05 | 2184742 mantrid
mantrid's picture

fractional working and job rehypothecation! how about workplace futures market? they'd print jobs!

Wed, 02/22/2012 - 11:14 | 2184778 AndTheRest
AndTheRest's picture

How else do you destroy an ancient culture that is not compatible with your vision for a New World Order?  You inflict as much pain as you must in order to soften the people up to social re-engineering.

 

Siestas?  Gone.

August national vacation?  Gone.

 

Greece is entangled in this NWO construct called the European Union with seemingly no escape.  Their people will suffer as much as they have to in order to accept a complete re-engineering of their society to be compatible with the U.N./NWO vision for what modern life should be world wide.

 

One step at a time boys.  Next up, the other "lazy" countries - Portugal, Italy, Spain.

Wed, 02/22/2012 - 11:20 | 2184806 frosty zoom
frosty zoom's picture

yep, those lazy spaniards just happened to lazily conquer half the planet.

¿verdad?

 

Wed, 02/22/2012 - 11:28 | 2184849 AndTheRest
AndTheRest's picture

Wasn't that before the Ottoman Turk's conquered Spain and impregnated all the Spanish women thus altering their gene pool forever?

 

No matter.  Current Spanish culture is not compatible with the Anglo/Germanic work ethic.  Anglo/Germanics work like slaves, especially Americans.  You can go buy almost anything at any time of the day or night in America because the stores are open and staffed by low wage people so desperate for a few dollars an hour that they're willing to work any day at any hour.  And "siestas?"  Only for college professors and politicians.

 

Not so in Europe.

Wed, 02/22/2012 - 12:44 | 2185138 frosty zoom
frosty zoom's picture

so, ¿you're saying méxico should uninvade spain to show them how to work extra hard?

i bet there's about 17,353,498 americans taking siestas today because they ain't got no job to get to.  the stomach has always been the ultimate factor in fraud market (free market in a capitalist system is an oxymoron:  in any given population, the desire for profit will untimately convince someone to skew the free market to their advantage, thus corrupting it's freedom.  freedom means nothing until you remove the dumb.) wage determinations.  in our age of globulzation (or ¿should i say gobbleuhzation?), there's much easier access of people willing to work extremely hard in order not to die.

the exploitation of these people are what pay the wages of the walmartarians.  ¡ASSOCIATES OF THE WORLD ARISE!*

*©fzinc, inc. 2012

 

 

 

Wed, 02/22/2012 - 12:06 | 2185000 Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

Nigel Farage appears to be the Ron Paul of the UK (the Unemployed Kingdom).

Wed, 02/22/2012 - 10:55 | 2184702 john39
john39's picture

unpaid internernships for college grads is all the rage in the U.S. these days.  who needs to pay workers when the desperate will work for free.

Wed, 02/22/2012 - 11:05 | 2184746 snowball777
snowball777's picture

Wonder if some 'enterprising' people will take to the time-honored tradition of fleecing their exploiters back.

Where did all the laptops and Aeron chairs go?

Wed, 02/22/2012 - 10:56 | 2184704 Seasmoke
Seasmoke's picture

after looking at my property tax bill, this should also happen to every teacher in NJ

Wed, 02/22/2012 - 11:01 | 2184728 catacl1sm
catacl1sm's picture

Are they hiring?

Wed, 02/22/2012 - 11:02 | 2184732 snowball777
snowball777's picture

And Greece unveils the "negative deposit" (also "negative international flow").

 

Wed, 02/22/2012 - 11:04 | 2184743 Bansters-in-my-...
Bansters-in-my- feces's picture

Off your knees my greek brethern.

Off your knees....

Time to dish out some civilian justice.

Wed, 02/22/2012 - 11:05 | 2184748 tim73
tim73's picture

What the Nazis said..."we will be back, you will not get trains run in TIME (in Greece and various other countries...)".

WE ARE BACK!

Wed, 02/22/2012 - 11:10 | 2184764 AndTheRest
AndTheRest's picture

Work for free?  Not a new concept for those of us that pay taxes.

 

I just ran the numbers on my 2011 taxes and between federal and state income taxes, social security, medicare, property tax, sales tax, etc. I worked about 4 months of 2011 just to pay taxes.  Do you have any idea how horrible that feels?  Because that means the first 4 months of this year I am doing the same.  40 hours a week, for 16 weeks, working for free.

 

And no, even by Obama's definition I am not "wealthy."

Wed, 02/22/2012 - 11:18 | 2184799 frosty zoom
frosty zoom's picture

well,

do you drive on roads, expect police/fire services, have kids in school, flush the toilet?

obviously the moneys extracted from our pay are not used efficiently (i'm talking to you, stevie) , but if all these things were privately run, you would pay triple the price for 1/7 the quality.

 

Wed, 02/22/2012 - 11:27 | 2184840 Captain Benny
Captain Benny's picture

I live in a US state that taxes the artificial person and not the natural person.  Unfortunately people at the Federal Govt level have absolutely no idea about this concept and the ignorant masses don't understand an entire civil war was fought over the Fed Govt intrusion.

I believe that its our basic right to avoid government taxation when conducting our lives as we are natural people and free to ignore the laws of man.  If you choose to live your life unaware that you can also live free of government intrusion, then yes -- you deserve to pay a quarter of your income toward taxes.

 

Wed, 02/22/2012 - 11:36 | 2184876 AndTheRest
AndTheRest's picture

More like 1/3.  But all your crazy shit ain't gonna fly in court.  Ask Irwin Schiff about that.  Or those tax dodging folks in Maine that had their "bunker" raided last year.

Wed, 02/22/2012 - 12:03 | 2184992 john39
john39's picture

very true and the system will take great delight in punishing all who try this, to set a good example for the sheeple...   fighting the man ain't easy.

Wed, 02/22/2012 - 13:09 | 2185235 PrinceDraxx
PrinceDraxx's picture

The 16th Amendment was never ratified. Income tax is illegal as is the rest of this entire Ponzi scheme that was forced on the American Public in 1913.

 

The Tree of Liberty is thirsty.

Wed, 02/22/2012 - 13:05 | 2185221 frosty zoom
frosty zoom's picture

FRIKKIN' A!, EH!

but are you nice?  i'm nice.  

i've also designed a car that runs on burning tires.  

but i'm free!

you know what,

we need a checklist on our tax forms:

  • police check
  • war nope
  • air check
  • post office check (this is adam smith's tax return)
  • monsanto subsidies nope
  • nasa check (it's every scotsman's dream to go to space)

WE THE PEOPLE.

Wed, 02/22/2012 - 13:30 | 2185331 AndTheRest
AndTheRest's picture

I commented on this earlier under another article.

 

If you vote and pay taxes, regardless of who you vote for, you support your government and consent to any action it takes.

 

War?  You voted right?  Don't tell me you didn't vote for war, it's enough that you voted.  Now you are being governed by consent.  Any action taken is taken in your name with your consent.

 

You want to withdraw your consent?  Stop paying taxes and sit in prison in protest like Thoreau.  Or leave the country and renounce your citizenship.  Anything else is irrelevant grumbling.

Wed, 02/22/2012 - 11:37 | 2184883 AndTheRest
AndTheRest's picture

So I'm working to pay for the roads that allow me to drive to work to pay for roads?  A bit circular I think.

 

But you figured it out in your own retarded way, my crazy high taxes are paying for other people's children, many of whom are the anchor babies of illegal Hispanic aliens.

Wed, 02/22/2012 - 12:05 | 2184999 john39
john39's picture

remember when highways were paid from tax revenues?  well now that the U.S. and state governments are going broke, there is a plan in the works to sell the interstate system off in chunks to private companies so that they can be operated as toll roads.  but we are told this is good for locals....  bend over sheeple.

Wed, 02/22/2012 - 12:08 | 2185007 john39
john39's picture

blog discussing plan to sell off the interstate system. this needs a lot more exposure:

http://ppjg.me/2012/02/17/congress-set-to-hand-our-highways-and-freeways...

Wed, 02/22/2012 - 12:57 | 2185183 frosty zoom
frosty zoom's picture

 I'm working to pay for the roads that allow me to drive to work to pay for roads.

 I'm working to pay for the computers that allow me to shuffle moneys to pay for computers.

 I'm working to pay for the food that allows me to exist to work to pay for food.

I'm working to pay for the health insurance that allows me to have my premiums go up 9% annually (exponents of the world arise!), oops, bad example..

welcome to entropy, human.

some things are better left in the hands of nonprofit institutions.  we the people.

your crazy taxes may be funding a wee bit of the "illegal HISPANIC (EMPHASIS YOURS) aliens*" meager existance, but that's probably karmic for certain annexations (but, heh, the aztecs were an empire).

no, your crazy taxes are going to fund boondoggle and corruption from 10, 20, 30, 40 years ago.

*GO FORTH AND HYBRIDIZE!


Wed, 02/22/2012 - 13:36 | 2185363 AndTheRest
AndTheRest's picture

Again, what the FUCK do the Aztecs have to do with me?  Or anything that happend more than 40 years ago?  Am I supposed to carry some sort of eternal guilt based on what some people vaguely genetically related to me did hundreds of years ago?

 

This whole meme of eternal racial heritage is sick and needs to be extinguished from the collective unconscious.

 

We are born free, as individuals.  And yet everywhere we are enslaved, as citizens (or members of groups).

 

Wed, 02/22/2012 - 12:42 | 2185128 frosty zoom
frosty zoom's picture

ooh, ooh, ooh the thrashing of the arrow thing

i knew this would be minus land but heh,

¿do you want lloyd blankfiend selling you water?

educating your children?!?

the tax system wherever you live is stupid and unjust because it was designed by humans.  

but, EVEN ADAM SMITH SAID TAXES SHOULD PAY FOR THE POST OFFICE.

(yeah, all caps.)

you want fair taxation?  use your tax money to fund elections.

we the people, an' all that...

Wed, 02/22/2012 - 11:33 | 2184867 PR Guy
PR Guy's picture

Try being self-employed in Ireland and paying a 55% tax rate then going to your post office on a Thursday and watching all the vagrants, gypsies, lazy bums and various guys from Africa stand in line to pick up their weekly welfare payments.... oh yeah, and  because I'm self-employed, I'm not entitled to any welfare payment if I'm ever on my downers. Not a penny. I don't work for free - I work for those guys in the post office queue.

Wed, 02/22/2012 - 12:26 | 2185064 AndTheRest
AndTheRest's picture

I wouldn't do it.  I'd sooner chop off my own foot and go on the dole.

 

Or move to some out of the way South American country and engage in wholesale criminality.  55%?  Yea, fuck the system.

Wed, 02/22/2012 - 14:29 | 2185597 Going Loco
Going Loco's picture

My deadbeat cousin has been one of those in that queue for 20 years. He moved there from England 'cos the pickings were better. He's in Co. Cork at the moment. Does he still have to queue? I thought the dosh came by bank transfer nowadays.

Wed, 02/22/2012 - 15:25 | 2185863 matrix2012
matrix2012's picture

PR Guy, IS IT REALLY TRUE? OR JUST A GOOD HUMOR? :)

APPLIED TO ANY SELF-EMPLOYED???

 

If it's so true, what an amazing system to screw.....

Wed, 02/22/2012 - 11:13 | 2184772 hivekiller
hivekiller's picture

Why the Future Doesn't Need Us

 

http://www.wired.com/wired/archive/8.04/joy.html

 

Wed, 02/22/2012 - 11:13 | 2184775 nah
nah's picture

make them pay bitchez!

Wed, 02/22/2012 - 11:14 | 2184779 WTF2
WTF2's picture

That's how I feel at the country club.  Pay to play...

Wed, 02/22/2012 - 11:16 | 2184790 Stylianos Kyriacou
Stylianos Kyriacou's picture

Thats what i call innovation 

Wed, 02/22/2012 - 11:22 | 2184800 El Gordo
El Gordo's picture

The folks as Powerline point us in the direction of tweets from the elevators at the Squid.  Nice to see how the other half really lives.

https://twitter.com/#!/GSElevator

If not, try this one

 

GS Elevator Gossip @GSElevator

 

 

 

Wed, 02/22/2012 - 11:26 | 2184835 frosty zoom
frosty zoom's picture

NEWSFLASH!

BREAKING STORY:  Iran Invades Greece  --  Ahmadinejad, "We didn't think anybody would notice."

ECB To Hold Thank You Ceremony Later Today.

Wed, 02/22/2012 - 11:29 | 2184853 Hugo Chavez
Hugo Chavez's picture

A smart way to collect taxes in a country where people refuse to pay them.

Wed, 02/22/2012 - 11:37 | 2184884 jack stephan
jack stephan's picture

Reminds me of homer whipping the sled dogs even when they rest. Well until they maul him.

Wed, 02/22/2012 - 11:42 | 2184899 cherry picker
cherry picker's picture

John R Cash sang a tune, in it he he asks "How high is the water momma?"

"It's five feet high and rising"

Change the word water to gasoline in this song and now you have an idea how the players are manipulating the cause to invade Iran, and put the squeeze on Greece and everyone else is nothing but an elaborate rug for them to walk on.

Aye maties, it be time for a little play soon.  Are we up to it as I do not see the forces of peace being able to stop what is occuring?

Wed, 02/22/2012 - 14:56 | 2184903 BlackholeDivestment
BlackholeDivestment's picture

 

 

        $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$          

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

                  $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$                                           

                                                 ...and to think,

                                             The New World Order  

                                                         of

                                           The Suicide Vampire Squid

                                                          of

                                          The Great Wal Mart of China  

                                       ...still has idiot Americans etc...

                                                  and they are all 

                            http://www.youtube.com/watch?v=eSMZkF8JDuk

                                accepting the prophetic mark of the beast,  

                                       and AS IF they are not yet sealed,  

                                                 IN AGREEMENT 

                                                         BY 

                                              THEIR OWN LABOR 

                                                       AND

                                                         AS

                                                       FOOLS

                                    they keep on showing up to work 

                                   AGAINST THE PRINCIPLE OF LABOR

                                                      as the

                                         Hell bound losers they are!!!

         The prophetic strong delusion, the prophetic deception, is the here and now.

                                            ALL THE NUMBERS ARE IN!!! 

                                       ACCOUNTING FOR ALL THE NAMES 

                                                  AND THE TRUTH

                            SCREAMING OUT ''STOP WORKING FOR THE BEAST!

                                                    YOU MORONS!!! 

                                                    ...but noooo.

                                                  I'm the terrorist.  

                                         I'm not ''patriotic''. I'm crazy.  

                            http://www.youtube.com/watch?v=zQTRP5ZNDkE

Wed, 02/22/2012 - 11:43 | 2184904 Mugabe
Mugabe's picture

this is the black way no work all play.... gotta get mines yo yo yo....I'm not contributing to this useless country full of traitors illegals non citizens....it's over....america will be like greece soon enough...hell ,we are already there...you think you will cut all the welfare stamps wic section 8...lmfao the blacks and illegals will turn this whole country into Rodney King day....it is over.....all the people pooring into this country could care less about taking food off americans tables...there is no unity or loyalty....now it's all roses and rainbows because your rich or have a decent full time job but when your time comes because you lose your jod because of illegal immigration or not being the "flavor" of the month ..well good luck...one demographic is being bred out and overrun by another ....once OBOWMAO is elected again "DON'T LET THE DOOR HIT YOU ON THE WAY OUT"

Wed, 02/22/2012 - 11:56 | 2184960 BlackholeDivestment
BlackholeDivestment's picture

 

 

 

                   ...seriously Mugabe, you dumb ass.

     I have bad news for you sunshine, your shit is in the wind.

                                Artificial Intelligence

                                        AKA AI 

               DEFINES THE FACT THAT YOU ARE STILL A CLUELESS FOOL 

                                 WAKE UP SHIT FOR BRAINS

                      HUG A HUMAN WHILE YOU STILL HAVE TIME 

                                   YOU DUMB BASTARD 

                 http://www.youtube.com/watch?v=UIm2y7UrJ8w

Wed, 02/22/2012 - 12:03 | 2184988 AndTheRest
AndTheRest's picture

"I'm not contributing to this useless country full of traitors illegals non citizens..."

 

You ain't the only one.  This isn't the country I was born in, and I refuse to be a slave to the 50 million illegal aliens and their anchor babies.  If I'm going to be giving 1/3 of my productive hours to the government by way of taxes, it's going to be a government that isn't the most likely world wide to murder or imprison me.  And if my lifeblood is going to be used by a government to support "social welfare", it's not going to be the government of a country full of criminal illegals and other trash.

Wed, 02/22/2012 - 11:47 | 2184922 zilverreiger
zilverreiger's picture

Did anybody check the sources for this story before putting it on the frontpage?

all I can find is a self referential tweet

Wed, 02/22/2012 - 12:00 | 2184977 Burgess Shale
Burgess Shale's picture

Reminds me of that line from Time Bandits, "Oh, and you'll be getting a 10% pay cut, back-dated to the beginning of time."

Wed, 02/22/2012 - 12:03 | 2184993 boatwhiskers
boatwhiskers's picture

What a great way around the labor numbers to create the illusion of increasing tax revenues.

To borrow more money.

Brilliant.

it goes on....

Wed, 02/22/2012 - 12:07 | 2185003 MobBarley
MobBarley's picture

In the middle of the night Obama's work minions tear up long ass stretches of perfectly

good road and highway and resurface it. They getting PAID niggah! They all wear

their serious faces, working men doing working men stuff, we OWN this road,

we be resurficin' this road and getting PAID NIccah!

Huge machines looking like something out of a mechanical robotocists

worst nightmare creeping along chewing up tarmack and concrete

only to be followed by more machines laying it back down again.

If there is no suitable employ for the millions of BLARACK Americans

that voted for Massah Obama then Obama shall create DAT empoy,

and empower His people with income in a desperate time.

 Teh American Black , gainfully employ by dey niccah in deh White House.

 

Wed, 02/22/2012 - 12:19 | 2185030 Alpacanio
Alpacanio's picture

See Mr. & Mrs. Greek. In order to compete in our banker run NWO planet. You must work more like Mr. & Mrs. China. Many hours for little to nothing. Everyone must also have a painting of our dear leader Jamie Diamond at every business and home..

America, are you listining? your next...

Wed, 02/22/2012 - 12:17 | 2185035 the not so migh...
the not so mighty maximiza's picture

WOW, In Greece the women of the night pay you instead!!!!!!!!  Wheres my passport!!!!

Wed, 02/22/2012 - 14:48 | 2185318 BlackholeDivestment
BlackholeDivestment's picture

 

 

 

           http://www.biblegateway.com/passage/?search=Romans+6%3A23&version=KJV

                                     The Not So Migh...    lol     ...unholy shit dude! 

                            Mr Mojo Rising LA Woman Riders On The Storm ...Bitchez 

                                    http://www.youtube.com/watch?v=pKFftv1nhCE

                                                   You just perfectly painted

                                                            the prophetic

                                                         Whore of Babylon

                                                                riding

                                                                 the

                                                                BEAST 

                                      http://www.youtube.com/watch?v=4y9H4jzZw_0 

http://www.biblegateway.com/passage/?search=2%20Thessalonians%202:%209-11&version=KJV 

P.S. http://www.cuttingedge.org/free16.htm  ''lol'' AKA ''laugh out loud''

                                                           reminds me 

http://www.washingtonpost.com/politics/obama-govt-open-for-business/2011/04/08/AF94Vw4C_video.html 

                                                                  of

                      ...the Washington Monument, and when Rosemary's Baby gave his

                                     ''we raise the debt ceiling/sealing on you''

...speech, from inside the White House, in agreement with the (not Ron Paul) full Womb of Isis

                                            (AKA Capitol Dome) Crony Votes  

                                                            of and for  

                                            the Supreme Court Company Robot,

                                                         Equal as A Man

                                                   with a name and number,

                                                                  lol,

                                just before the 5.9 earthquake closed it down for business.

                                                                 LMAO.

At least the 666 Obelisk and largest Phallic symbol on Earth is closed for business by the Word of God in Christ, have mercy. Laugh Out Loud. http://www.youtube.com/watch?v=l_Yvb5iESJE Oh shiiit, I've got Fiat on my fingers. Better not use reflecting pool water to baptise these bitchez. Ah haa haa haa.

Wed, 02/22/2012 - 12:21 | 2185042 diesheepledie
diesheepledie's picture

This is merely debt collection on a generation of greedy lazy animals living beyond their means. My only fear is that it becomes disorganised. The world community should act quickly and raise a UN multinational force to make sure forced labor and property repossession goes smoothly. Build camps.

In the end the filthy sheeple can't escape who they are - a slave class. It has always been that way. A generation of denial and children playing pretend democracy and free lunch borrowing to "appear wealthy" doesn't change that. It must be paid for. And it will be. Soon the US cows will be milked too.

Wed, 02/22/2012 - 13:20 | 2185279 Peter Pan
Peter Pan's picture

I disagree. What we really have is a generation of leaders in Greece and the USA who sought to buy votes by using borrowed public funds so as to then cover up their own siphoning of the public purse.

What we also had was the enlightened bankers buying lowered standards of regulation and punishment by bribing governments with political donations and jobs.

So before you have a go at the sheeple, spare a thought for the role of the butchers disguised as shepherds of the people.

Wed, 02/22/2012 - 13:50 | 2185317 diesheepledie
diesheepledie's picture

The enlightened bankers are not bribing the govt. They are the real govt. For the later part of the 20th century they experimented with the idea giving some democratic influence to the moron orc horde in Greece. The experiment failed, as the masses were incapable of controlling their animalistic greed; incapable of rational thought and personal responsibility. So back to serfdom as usual for them.

Wed, 03/14/2012 - 03:20 | 2253191 geekgrrl
geekgrrl's picture

Enlightened bankers?

Wow, you are really sick.

Wed, 02/22/2012 - 14:15 | 2185545 Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

U would have made a very good Nazi.

Wed, 02/22/2012 - 15:08 | 2185668 diesheepledie
diesheepledie's picture

The Nazis were fools. If they used the tactics of Ed Bernays instead of brute force they would be the EU right now. Nationalism is a lousy way to control the herd. Consumerism works so much better. Although how can you not respect the artwork of one of the greatest sheeple herders Joseph Goebbels. He truly understood that the populace was nothing more than primitive animals that could be steered with simple emotional prodding. If they stopped in France, employed Bernays as a Nazi "brand consultant" Europe would be a much different place than it is today.

Wed, 02/22/2012 - 12:35 | 2185107 Benjamin Glutton
Benjamin Glutton's picture

Another fascist federal entity sells its people down the river and then points an accusing finger at its own powerless residents.

 

100% of idiots approve.

Wed, 02/22/2012 - 12:48 | 2185155 Freewheelin Franklin
Freewheelin Franklin's picture

I think in some of the construction unions, you need to buck-up a few months dues in advance to join in the US.

Wed, 02/22/2012 - 12:53 | 2185166 Piranha
Piranha's picture

im sure this will not piss anybody off, its all good

Wed, 02/22/2012 - 12:59 | 2185194 Frummox
Frummox's picture

Michael Lewis in his book Boomerang  says, “the wage bill of the Greek public sector has doubled, in real terms” with the average government job now paying almost three times the average private sector job. Everyone is getting haircuts.

Wed, 02/22/2012 - 13:00 | 2185202 Sandmann
Sandmann's picture

or even be asked to return money

 

I guess none of them will be Politicians ?

Wed, 02/22/2012 - 13:04 | 2185209 Monedas
Monedas's picture

Eurodaddy gave Greekbrats a credit card and they ran it up to the limit and now won't pay ?  That's exactly what I did to revenge the corrupt welfare state ! I call it a "break out" (my brother's term) ! I hope the Greeks bought some gold like I did ! Fuck 'em all !  Monedas  2012  Author of my own public assistance plan !

Wed, 02/22/2012 - 13:05 | 2185223 grovernors
grovernors's picture

Poor story with its unsubstantiated BLS reference.  We want news not editorials.

Wed, 02/22/2012 - 13:11 | 2185240 Peter Pan
Peter Pan's picture

The USA is not far behind Greece when one considers that the real value of median wages has benn falling for the last two to three decades.

It is a pity though that retrospective audits of Greek politicians pay and activities over the last ten years is not on the agenda.

Wed, 02/22/2012 - 13:25 | 2185300 Xue
Xue's picture

We already have negative real interest rate, it doesn't surprise me!

Wed, 02/22/2012 - 13:24 | 2185301 Bokkenrijder
Bokkenrijder's picture

Pay to work?

Unfortunately nothing new under the sun as junior airline pilots are required to pay for their own training and also don't get any salary whilst paying off huge student loans.

Wed, 02/22/2012 - 15:58 | 2186049 UBIGDummy
UBIGDummy's picture

its all ready been done about 8 years ago, but the IAM Union and USSCAREWAYS to the Aircraft Technicians.

Retroactive concessions, and industry first.

Do we get retractive payback when contract negotiations drag on for years, usually not.

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