A solution (not really) to Greece’s Debt Crisis

For this week’s edition of Fall Through the Cracks Friday we re-visit the European debt crisis (recall last year’s post – A Technical Explanation of the European Debt Crisis – With Legos). As the glaring issue is Greece’s debt load and the possible collapse of the Euro, we thought an article from thespoof.com presented an interesting, if not plausible, solution… suing to recoup losses from unauthorized use of the country’s intellectual property and art. From the article:

The lawsuit also claims that “Greek patents on ‘Democracy’ and ‘Logic’ have been violated by Western governments and computer makers. The suit is expected to name all computer manufacturers and governments using the Greek democratic model or the work of classical Greek mathematicians.

“They stole everything from us and ran like hell!” accused chief antiquities prosecutor Dmitry Stompleupagus. We created democracy, logic and the greatest art the world has ever seen. Everybody says this is priceless art, so how come you can’t trade it to pay down debt? Because it was stolen from us and hauled out of here, that’s why! Now what are we supposed to do, bring everything back and put it on eBay? Bafangool!

While we at PLUS blog do not expect this approach to bear fruit it is certainly a novel approach. Also, we apologize for the strong language in the quoted section (and if you’re not sure what bafangool means like I wasn’t – be advised to not use it in conversation unless you really mean it).

Have a great weekend, and watch for two new posts on PLUS blog next week: for you EPLI folks we’ll have a clip from the Professional Risk Symposium session “Blowing the Whistle on Retaliation,” and on Thursday a clip from this week’s Webinar “HIPAA for Risk Managers: Meet the New HIPAA.”

 

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About plushq

The Professional Liability Underwriting Society (PLUS) was founded in 1986 by industry professionals who recognized the need for a forum for individuals involved in the field of professional liability. The Society is a non-profit organization with membership open to persons interested in the promotion and development of the professional liability industry. Membership consists of over 6,500 individuals, representing over 1,000 companies active in the many fields of professional liability. PLUS currently receives the support of more than 200 companies through corporate membership. PLUS is recognized as the primary source of professional liability educational programs and seminars, assistance to its members to help serve clients, and information regarding professional liability. The Society is continually seeking new means to fulfill its mission statement and better serve its members.

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