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Saturday, May 8, 2010

Doing It Greek

   The United States economy is going turn us into Greece.The  Greek government was the "nanny" for very citizen. Government gave out free health care,free education,free everything else if you did not want to work.Our politicians will not control our boarders. The EU force open boarders on Greece. We are moving quickly to government controlled society from cradle to grave by  the central government will meet your needs.
   The riots in Athens are because people are being weened from the breast milk of BIG government. The unions have shut down the country. College students hit the streets because they will have to pay for school.
   Why should you care? Greece is over there and you are here.There are two reasons to be concerned.
1) Greece budget deficit totals 13.6% of  GDP, and the United States is 9.9% GDP.
2)The USA is the largest giver  to the International Monetary Fund which is loaning money to Greece.
As the Socialist Democrats in this country give out more and more entitlements the deficit as a percentage of GDP will grow. Will we have riots at 13% or sooner. The fact that we are the largest contributor to the IMF is going to increase our debt was we loan money to Greece. As the IMF helps bail out the Greeks we are contributing to our demise. There is no nation in the IMF that is going to save the USA.
   The Peoples Republic of China are holding much of the US debt. If we default on the debt is China going to just forgive it? Athens is the future of Washington D.C.,New York,New York,Boston and LA unless the Socialist Democrates and RINO Republicans are not stopped from taxing and spending.

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