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From the Right by Ed Farnan

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Premiere Papandreou promised a popular vote for his citizens for proposed austerity measures, but he has abruptly withdrawn that offer.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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Monsoonman | Nov 08, 2011, 11:57 AM EST

Aye, Sean me boy...Your golf humor didn't escape notice and very apparent was the good nature in which it was intended. But do not cast yer humorous golf balls to swine me lad...they are wasted.

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newnation | Nov 08, 2011, 11:42 AM EST

What are you on seanmelbourne, obviously too much sun in Australia. No i don't play golf, but yes i am in trouble as are you and everyone else. plus you should probably learn how too read before making childish accusations.

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seanomelbourne | Nov 07, 2011, 09:54 PM EST

I wonder if newnation plays golf if not he's in trouble.

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newnation | Nov 07, 2011, 02:14 PM EST

why do all you numb nuts think these problems started with Obama? I bet no one will be able to save the u.s now anyway. aiming the blame in the wrong places.

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feeneycj | Nov 07, 2011, 10:59 AM EST

Obama, basically inane and a totally inept hypocrit.

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DrSheilahere | Nov 07, 2011, 09:53 AM EST

If the whole world is talking, Obama should shut up. He has been an absolute failure as a president and we cannot wait until he vacates the WH. "Why I Hate Obama" and other anti-Obama articles. PLs. read; share: http://contributor.yahoo.com/user/1017868/sheila_dunnells_phd.html

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newnation | Nov 06, 2011, 09:27 PM EST

That i did show but what is you showed? am i ruining your little ring wing party? don't even begin to suggest that i should for some reason "run along", what exactly are you going to do about it? have i upset you by making you realize that everything you have believed in is the reason the world has so many problems now? maybe you should run along if you can't handle it.

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Monsoonman | Nov 06, 2011, 09:17 PM EST

U showed nothing except you are an avowed socialist..Now really...run along

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newnation | Nov 06, 2011, 09:11 PM EST

it's been fun and easy showing you up, don't forget to tell your friends in play school about what you learned...

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Monsoonman | Nov 06, 2011, 09:06 PM EST

Oh LOL!..Now run along.

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newnation | Nov 06, 2011, 08:58 PM EST

Well we can see that propaganda works anyway, your a perfect example. i've proved everything you suggested wrong but you still won't give it up. communism as practiced by the USSR wasn't really communism as decisions were not made by the collective but one bad leader. plus i'm talking about Germany here and now today. a successful country. i don't hate america but it does worry me and most of the world that people like yourself actually think of someone like bush as an example of a good leader. do you know what socialism even is by the way or are you just working with what your tv has told you? Enough of me for now, Enough of your ideals forever more.

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Monsoonman | Nov 06, 2011, 08:25 PM EST

Yes great wealth, which is what socialism cannibalizes off of, until it destroys the host country. Socialism in itself stifles creativity and capital by burdening creative spirit with unsustainable entitlements. East Germany was the failed socialist state. Your hatred of America and Bush color everything you say. Enough of you for now

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caramia | Nov 06, 2011, 07:25 PM EST

seanomelbourne, i'll be waiting for your illustrious post on November 7, 2012.

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newnation | Nov 06, 2011, 07:06 PM EST

great wealth? come on, if that was the case we wouldn't be having this discussion in the 1st place! A successful socialist based society? well that's easy the strongest economy in Europe practices socialist capitalism, Germany! Besides your back to blaming everyone else except the country that started this mess, America! Under the worst leader the world has ever seen George Bush and his dim-witted moron buddy's. Don't suppose you'll mention the problems he created?

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Monsoonman | Nov 06, 2011, 12:48 PM EST

Free market capitalism is what brought us the great wealth that you live off of. Show me a successful socialist country then we can discuss it. Even communist china is practicing hybrid free market principles. Greece is the poster child to where unbridled socialism/cradle to grave entitlements bring a country...to it's economic knees.

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