Now President Obama tells Greece to eat their peas
Posted on Friday, November 04, 2011 at 05:28 PM
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Nobel Prize winning President Obama, is at the G20 summit in France. The main topic of this summit is how to keep afloat the EU by bailing out the poster child for out of control entitlements, Greece. He told the Greeks they must eat their peas, just like he lectured Americans many months ago. Note to President Obama: The peas diet doesn't seem to be having an effect, as the economy continues to stagnate.
As we take a look at the Greek model for economics, their GDP is eaten up by entitlements and big government. It seems that is exactly where America is headed since we are now borrowing 40 cents for every dollar spent. How can President Obama give economic advice, or tell another country to eat its peas when his economy is so upside down?
Furthermore, in order to fund a bailout, for out of control spending Greece, out of control spending America, will have to borrow that money from China, or print it. Just doesn't make sense in a clear headed, far from Washington, right side up world. Where do they get these economists? Certainly not from the private sector.
In the meantime in the cradle of democracy, Greece Premiere Papandreou promised a popular vote for his citizens for proposed austerity measures, but he has abruptly withdrawn that offer. Seems he will be making that decision himself along with the rest of his socialist government. Maybe it was because he could read the graffiti on the wall: Greek citizens don't seem too keen on belt tightening. Athens streets resembled downtown Madison Wisconsin, or "Occupy Oakland", as town squares filled with angry hysterical mobs looking for someone to blame & someone else's belt to tighten.
But in America, a new insult has been added to the injured citizens. It was just revealed that executives of Freddie Mac and Fannie Mae are receiving multi million dollar bonuses, even though these quasi government entities are losing billions. Also revealed, bankrupt solar company, Solyndra, the benificiary of over half a billion dollars in government loans, was also gifting it's executives with bonuses. Who's guarding our financial chicken coop?
President Obama should take quick action before he lectures anyone else on austerity because this doesn't look good during these harsh economic times.
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51 Comments
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newnation | Nov 12, 2011, 12:48 PM EST
"Lol" sounds like a 5 year old girl to me.
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Monsoonman | Nov 12, 2011, 11:44 AM EST
Ah, brainless and incompetent are those that fail to get your wisdom, eh? Sounds very joe bidenish to me. lol!
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newnation | Nov 12, 2011, 10:13 AM EST
otherway around buddy i'm running towards the brainless incompetent people of our earth, what about you?
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seanomelbourne | Nov 11, 2011, 08:26 PM EST
Who are you running from??
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newnation | Nov 11, 2011, 01:47 PM EST
wouldn't have time for golf even if wanted too, racing is my forte. keep rockin' it mothercooker.
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seanomelbourne | Nov 10, 2011, 04:56 PM EST
Hate to break it to ya newnation Mman lives on the west coast USA.I live in Melbourne Australia,happy golfiong dude.
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newnation | Nov 09, 2011, 08:08 PM EST
maybe the problem is it's getting too close for comfort for you, maybe you should include in your dossier that you could invade there next and install another military dictatorship.
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newnation | Nov 09, 2011, 07:55 PM EST
Wouldn't surprise me if seano and mono were the same person.
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newnation | Nov 09, 2011, 07:48 PM EST
President Hugo Chavez said SOME of Venezuela’s golf courses should be expropriated and used for other purposes.
“That’s an INJUSTICE -- that someone should have the LUXURY of having I don’t know how many hectares to play golf and drink whiskey and, next door, there’s misery and CHILDREN DYING when there are landslides,” Chavez said during his weekly television show, “Alo, Presidente.”
Dozens of PEOPLE DIED in the past month when landslides caused their homes to collapse after heavy rains. Chavez said he will DEDICATE HIMSELF to resolving Venezuela’s housing shortage.
Chavez also called on Venezuelans to actively look for abandoned private land to expropriate.
“Look for irregularities, and by that I mean good land that’s been abandoned,” he said.
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Monsoonman | Nov 09, 2011, 06:31 PM EST
I wanted to break it to you gently Lad, Senor Chavez says golf is too bourgeois. Not what my banker friends think though :) Foooore!
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seanomelbourne | Nov 09, 2011, 05:21 PM EST
omg mman I may have to become a "golf evangelist" and re-educate the man.It would almost make one turn to the right.Which" newnation" do you belong to.Not a bad idea playing golf with bankers ,it might earn one a cheaper interest rate.
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newnation | Nov 09, 2011, 11:57 AM EST
i suppose you think he eats children aswell?
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Monsoonman | Nov 09, 2011, 01:13 AM EST
Well Lad, the inevitable is happening in socialist utopia Venezuela: Hugo Chavez moves to close golf courses Hugo Chavez's socialist "revolution" has found its latest victim - golf.
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newnation | Nov 08, 2011, 07:51 PM EST
Looks like monsoonman returned from his game of golf though, needed time to clear his head of his nonsense i'd imagine? Him, his banker friends and maybe some media bumchums i'd guess? no?
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