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Monday, May 10, 2010

Now we're bailing out Greece?

Greece is "Too Big to Fail".  That's right.  A third-rate socialist nation like Greece, which has spent it's way into the poor house, is "too big to fail".  And so, the United States, through the International Monetary Fund, is going to kick in about $8 billion to bailout Greece.

Heck.   You, the taxpayer, already own a couple of auto companies, a few banks and other financial institutions, and some would say we own Iraq at this point, so what's wrong with owning a few shares in a failed socialist country as well?  President Obama has already decided that bailing out Greece is a good idea, and has told the Greek Prime Minister so.  Apparently it's a done deal.  Yes, the U.S. is going to help bail out a socialist nation, with our tax dollars, using money we have borrowed from the Chinese, and which we will pay interest on, with more of our tax dollars.

That's just the way you run your household's financial affairs, right?

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