Congratulations!!!! We Helped Bail Out Greece, With Money We Don't Have.

[twyacht]

As part of the Glorious New Order, we couldn't let a good "crises go to waste", so we have played 3 Card Monty, with OUR MONEY, and decided to "help" Greece and the IMF, to just make things better.

Oh, even coming from CSNBC.

http://newsbusters.org/blogs/jeff-poor/2010/05/10/tea-party-movement-not-realizing-u-s-bailing-out-greece-says-cnbc-host

Tea Party Movement Not Realizing U.S. is Bailing Out Greece, Says CNBC Host
By Jeff Poor (Bio | Archive)
Mon, 05/10/2010 - 15:56 ET

The European Union and the International Monetary Fund to the rescue! The Dow Jones Industrial Average (DJIA) soars and investors breathe a sign of relief. But where's this $1 trillion in bailout funds for Greece coming from?

On CNBC's May 10 "Squawk Box," host Joe Kernen channeled Rick Santelli's anti-bailout populism, suggesting it was important to note that this bailout was made possible in part by the American taxpayer.

"On one thing, Rick - because you started the whole thing where you said, ‘Are you listening, President Obama?' about paying for your neighbor's mortgage," Kernen said. "Are you, could you really tell the American taxpayer, you can connect the dots between them and Greece? I mean are they paying for some lavish benefits in Greece right now?"

Kernen tried to instigate a more impassioned response from Santelli, but noted that it's likely a lot of Tea Party activists aren't realizing American tax dollars are a component of the IMF bailout.

"I don't think the average Tea Partier knows we're paying for lavish benefits in Greece for public employees over there, Rick," Kernen said. "I think maybe you need to tell them."



Oh, we know....

We can't bail out Kalifornia, or other domestic problems,  but well after all it's the EU...

[tombogan03884]

http://www.downrange.tv/forum/index.php?action=profile;u=2055;sa=showPosts;start=10



   
NYT Tells Greece to Abandon Socialized Medicine



http://hotair.com/archives/2010/05/10/nyt-tells-greece-to-abandon-socialized-medicine/

http://www.nytimes.com/2010/05/01/business/global/01euro.html?src=mv


    Another reform high on the list is removing the state from the marketplace in crucial sectors like health care, transportation and energy and allowing private investment. Economists say that the liberalization of trucking routes — where a trucking license can cost up to $90,000 — and the health care industry would help bring down prices in these areas, which are among the highest in Europe.

Another area where Greece can save itself? They have have to eliminate some of the many, many jobs that the Greek government “saved or created.”

    Among the most significant features of the plan, a Greek government official said, would be a measure making it easier for the government to lay off some of the many thousands of public sector workers, whose low levels of productivity and high wages are a big contributor to Greece’s debt problem. Until now, the government has not been able to lay off civil servants, whose employment rights are in effect constitutionally guaranteed.

[Pathfinder]

Money we don't have? Come on, all of money is money we don't have. It's fiat money, created by the gummint from the vapor. They will just run the printing presses a tad longer to generate the billions needed.

Is this gummint out of control or what?

[Rastus]

One trillion dollars for 11 million people.  What in the world did 11 million people do to get into that much debt?  No wonder the Germans didn't want to bail them out.  I guess everyone wanted a paycheck without working for it.....I would assume a large government employment percentage vs. real workers who produce wealth.  Maybe government health care, maybe early retirement, lots of goodies paid for by the government.  A worker's paradise?

11 million people need 1 trillion dollars.  Talk about dead weight.