November 4, 2011

Greece...

So they are still trying to fix Greece but I want to make a comment about the big European financial settlement. 

In short it boils down to forcing banks to forgive half of Greece's debt and giving them billions in subsidies to keep them going from various sources.

Did anyone else notice a glaring issue with this?

No where is Greece asked to change the big-government socialism that caused their problem in the first place.  In short, all this "solution" does is delay the inevitable.

Banks, forever the bad guys in the socialists eyes take one in the shorts again as well for issuing credit to socialists.  How silly of them to expect socialists to keep their promises.

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