Showing posts with label imf. Show all posts
Showing posts with label imf. Show all posts

Wednesday, May 12, 2010

It's About Time - Finally Some Sanity on the Greek Bailout

It is about time that someone in our government has stood up and asked the question why we are using our tax dollars to bail out Greece.  Mike Pence finally asked that question.  A question that President Obama and his administration has been completely mum about. 

The Germans and The French are completely aware of the fact that they are the ones that should be on the hook to come up with the cash to bail out Greece. It is part of the agreement that was signed by all countries when converting their own currency over to the Euro.


People need to remember that in Greece, you retire at age 51 with 80% of your pay for a pension. Something that no nation can afford; you ask how long do they normally live? 


The average life expectancy in Greece?

Total population: 78.89 years
Male: 76.32 years
Female: 81.65 years (2003 est.)

The problem is that the citizens in both Germany and France are unwilling to bail out Greece.  The French look upon them as lazy.  How bad must things be if the French think you are lazy? 




H/T to The rightscoop
Related Posts with Thumbnails
 
Google Analytics Alternative