Greece defaulted on its loans last week and other countries aren't far behind. In the meantime, this idiotic super committee only wants to raise taxes and not deal with our spending problem.
What happens next?
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Heck, I don't know... the collapse of the Euro Zone???
Too bad nobody saw that coming!!!
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Those who hammer their guns into plows, will plow for those who don't~ Thomas Jefferson~ Today's mighty oak is just yesterday's nut that held it's ground~Unknown~Just because your offended doesn't mean your right~Unknown.
Who will the dems use as an example of a socialist eutopia now?
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"We can have no '50-50' allegiance in this country. Either a man is an American and nothing else, or he is not an American at all."-- Theodore Roosevelt
A wise man's heart is at his right hand; but a fool's heart at his left. Ecclesiasties 10:2
The last four letters in American..........I Can
The last four letters in Republican........I Can
The last four letters in Democrats.........Rats
Go for it. I will never stop you from making an ivestment abroad unlike Phil from Maine. You earned, you get the right to invest it as you see fit.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
OK, so I'm listening to THE WORLD on PRI at work tonight. I was busy so I didn't catch it all. What I did catch is that after all of the wrangling that's been going on to try and bail Greece out, it would appear that the Greek PM isn't happy with the plan. He's calling for a referendum of the Greek people to vote whether or not to accept the bail out or not!!!
As I understand it the Greek economy is a relatively small part of the EU. I think the EU should just let Greece default, and send them on their merry way.
It would seem that the EU would be better off without them!!!
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Those who hammer their guns into plows, will plow for those who don't~ Thomas Jefferson~ Today's mighty oak is just yesterday's nut that held it's ground~Unknown~Just because your offended doesn't mean your right~Unknown.
Well, default then either has or then will happen. Greece in this bail about packed agreed to 50 cents on the dollar going back to the creditors of its bonds. That means they defaulted. Now they don't like that deal and goingto let the people decide? Oh well, it's going to get much worst for them.
The Eu should abandon them as if they were on their own little island.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
As I understand it the Greek economy is a relatively small part of the EU. I think the EU should just let Greece default, and send them on their merry way.
Quote:
The Eu should abandon them as if they were on their own little island.
Makes me think of GM--reckon Europe will be the one to take a stance when bho lacked the cojones?
__________________
"We can have no '50-50' allegiance in this country. Either a man is an American and nothing else, or he is not an American at all."-- Theodore Roosevelt
A wise man's heart is at his right hand; but a fool's heart at his left. Ecclesiasties 10:2
The last four letters in American..........I Can
The last four letters in Republican........I Can
The last four letters in Democrats.........Rats
WHY does the "Greek Problem" have so much sway over OUR economy? Last week, the stock market gained several hundred points on news that the Europeans had reached some kind of bailout. Today, we lost all those gains on news that the Greeks aren't happy with the plan. Thousands of years ago, the Greeks had some considerable influence on the world. Today, they are essentially a cup of warm whale pizz in the ocean.
Seems like the market goes through great spasms over every little tidbit of news. Butterfly flaps its wings in Mexico. Dow gains 300 points. Gnat farts in Madagascar. Dow loses 300 points. It's ridiculous, and I believe is done solely for the purpose of churning folks' accounts in order to create brokerage revenues....
Last edited by ipscshooter; 11-01-2011 at 07:58 AM.
Perhaps you may want to ask Corzine that question IPSC.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
So Greece defaulted last week, what's next?
