President Obama has pledged United States support to save Greece from the same policies that he is implementing in our country (see excerpt below). Well crank up the printing presses and collapse our economy faster. Let me see if I understand this correctly:
- Greece implements Socialism and goes on a reckless spending spree
- Government workers are increased
- Government services are increased
- Retirement and social benefits are increased
- The country goes bankrupt and will not implement the necessary measures to pay their debts
Are we talking about Greece or the United States? The only difference is that when the world realizes that we are printing worthless money, no country will come in to pay off the consequences of our reckless economic policies. When people take to the streets here like they are doing in Greece, how many of these “protesters” will also be carrying the Palestinian flag?
President Barack Obama on Tuesday urged European countries and bondholders to prevent a “disastrous” default by Greece and pledged U.S. support to help tackle the country’s debt crisis.
Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one foreign “headwind” hitting the U.S. economy.
After a meeting with German Chancellor Angela Merkel, he stressed the importance of German “leadership” on the issue – a hint that he expects Berlin to help – while expressing sympathy for the political difficulties European Union countries face in helping a struggling member state.
“I’m confident that Germany’s leadership, along with other key actors in Europe, will help us arrive at a path for Greece to return to growth, for this debt to become more manageable,” Obama said.
“But it’s going to require some patience and some time. And we have pledged to cooperate fully in working through these issues, both on a bilateral basis but also through international and financial institutions like the IMF.”