Tuesday, May 11, 2010
Greek EU Bailout Is A Terrible Idea!
Berlin, Germany—I can’t help but feel that sensible Germans feel betrayed by their, chancellor, Angela Merkel.
An EU coalition with Merkel’s leadership and our Socialist President, Barack Obama’s influence has agreed to loan Greece $650 Billion for a bailout. There is zero chance the money will ever be repaid and German families will suffer greatly because of the Greek politicians that spent Greece into bankruptcy.
I can’t imagine what Merkel was thinking. Merkel certainly sounded a death knell for her own political future. Merkel is following Barack Obama straight to Hell!
Instead of bailing Greece out they should have kicked that country out of the EU. Other European countries kept their own currency and Germany would have been better off to return to Deutsche Marks and ditching the Euro.
Greece has become a country for entitlement addicted losers. That government and the fools that elected it should be the ones to suffer not German families.
This is a sad day for Germany and a sad day for Europe. Instead of one country in dire straits, all of Europe will face economic disaster.
I’m sorry that Greeks are now fighting in the streets and doing without. It’s only a matter of time and that will be the state of reality in America. Printing money with nothing to back it is society suicide.
This bailout plan is nothing more than a huge step in the direction of world Socialism. Socialists have always brought nothing but death and misery to every country they have dominated. Germany above all countries should be fighting Socialism not supporting it.
Germany has dramatically changed since the fall of the Berlin Wall. They now have three generations of pathetic people that only know how to survive with government handouts.