Now President Obama tells Greece to eat their peas
By: Ed Farnan | Published Saturday, November 5, 2011, 11:15 AM | Updated Saturday, November 5, 2011, 11:15 AM
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Papandreou promised a popular vote for his citizens for proposed austerity measures, but he has abruptly withdrawn that offer.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.
The most unique gifts: Time capsules in American and world history:
http://lifemagforsale.com/For other points of view visit Carroll Standard:
www.carrollstandard.com
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Switch to the desktop site to post a comment.newnation | Nov 12, 2011, 07:49 PM EST
actually girl would be an insult to the intelligent women i know, being will do
newnation | Nov 12, 2011, 12:48 PM EST
"Lol" sounds like a 5 year old girl to me.
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!
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?
seanomelbourne | Nov 11, 2011, 08:26 PM EST
Who are you running from??
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.
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.
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.
newnation | Nov 09, 2011, 07:55 PM EST
Wouldn't surprise me if seano and mono were the same person.
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.
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!
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.
newnation | Nov 09, 2011, 11:57 AM EST
i suppose you think he eats children aswell?
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.
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?
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.
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.
seanomelbourne | Nov 07, 2011, 09:54 PM EST
I wonder if newnation plays golf if not he's in trouble.
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.
feeneycj | Nov 07, 2011, 10:59 AM EST
Obama, basically inane and a totally inept hypocrit.
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
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.
Monsoonman | Nov 06, 2011, 09:17 PM EST
U showed nothing except you are an avowed socialist..Now really...run along
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...
Monsoonman | Nov 06, 2011, 09:06 PM EST
Oh LOL!..Now run along.
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.
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
caramia | Nov 06, 2011, 07:25 PM EST
seanomelbourne, i'll be waiting for your illustrious post on November 7, 2012.
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?
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.
newnation | Nov 06, 2011, 08:57 AM EST
Where are you pulling those stats out of monsoonman? When in history has that happened? I think if you look at yourself here and now TODAY you may notice that free market capitalism has made the whole western world broke. so your a tea party member? that makes alot of sense, the insane capitalist's last stand. you just don't listen the last time a country opted for insane right wing politic's can you remember what happened? you seem to like talking about learning from history.
seanomelbourne | Nov 05, 2011, 08:15 PM EDT
Obama will win a second term the only chance the GOP has is a snowballs chance in hell.
Monsoonman | Nov 05, 2011, 06:07 PM EDT
The problem with socialism is that eventually it runs out of other peoples money...This is of course after it has cannibalized all of the infrastructure and improvements the previous producers built. Business should be nurtured and encouraged, not punished. Your problem is that the politicians are corrupt but you keep voting them back into office. The Tea Party has the right idea and has the grass roots support of America. Look for real change because of tp in 2012.
newnation | Nov 05, 2011, 02:28 PM EDT
got a very short memory span Peterson. every single president of america for the last 3 decades has been corrupt. that's what happens when you have a 2party system how easy can you make it corporations who have so much money that buying a president/party is basically loose change.
peterson | Nov 05, 2011, 02:17 PM EDT
obumma giving advice ?? Give me a break !! He is the most corrupt president the U.S. has ever had. You can judge a person by the friends he keeps. Pretty BAD huh ??
newnation | Nov 05, 2011, 02:16 PM EDT
Starting to suggest that i'm name calling now, when clearly i was only responding, typical method of your kind to suggest i'm being aggravated by you in some way and to somehow suggest that your right. typical but we all know how your type now. Believe me i'm not blaming the private sector.a well run private sector with the correct people in charge is what our world needs now more than ever but like you said the corrupt leaders in Washington are to blame, but who do you think are corrupting them? wouldn't that be people with money or more to the point people with to much money? Like i said MONEY NEEDS TO BE TAKEN OUT OF POLITICS NOW!!! i'm not part of OWS either by the way, stop trying to put me in with a group or type that puts me down in some way.
Monsoonman | Nov 05, 2011, 01:49 PM EDT
Starting to name call now? The last defense when you have no defense. Sorry I don't swallow the socialist Kool Aid that blames all of our economic woes on the private sector. The bottom line blame 4 most of this sits in the corrupt leaders in Washington DC. That's what you and your pals shd be occupying. Clinton signed the laws to let the banks gamble like river boat gamblers if you didn't notice. Clinton also enforced the CRA which melted down our economic system. Last time I checked clinton, dodd, frank, obama, carter, emanuel, were all liftime politicians.
newnation | Nov 05, 2011, 01:28 PM EDT
you really are thick. the problem isn't that people less off get a loan once and again. it's that banks are betting like gamblers in Vegas on ridiculous things. Losing it all and then asking tax payers for money. that includes you too in case you haven't noticed. banks have lost sight of what their purpose is, to keep money safe, to invest it WISELY to grow there funds and then loan it out to EVERYONE again WISELY to ANYONE who has a job and a PLAUSIBLE method of paying it back. money wasn't invented to be hoarded by the few. it was invented as an easier method of exchanging goods instead of bartering. your so caught up in being right wing and blaming people who have nothing and had nothing to do with this GLOBAL problem that you will most likely never see what the real problems of our time are. if i was bit by a bat then you must have been bit by a sewer rat!
Monsoonman | Nov 05, 2011, 01:12 PM EDT
So let me get this straight...trying to follow pretzel like logic: The CRA was EXACTLY what the corporations wanted? Banks being forced to loan to people who could never pay the loans back? When banks said no this is insanity, their lobbies & executives homes were picketed and filled with the same ows crowds lead by community activists like obama? That's what businesses wanted from Washington?...Sorry I didn't get bit by the same bat you and Cujo did to believe that one.
newnation | Nov 05, 2011, 12:53 PM EDT
they need to stick their nose in there alot more obviously the problems started when they deregulated the banks, the red tape put there after the 1930's was there for a reason. didn't you say we need to learn from history! besides your missing the main point no comment on that?
Monsoonman | Nov 05, 2011, 12:47 PM EDT
Are you delirious? Community reinvestment act is exactly what u r railing against: Government sticking their nose into the banking biz. Think!
newnation | Nov 05, 2011, 12:22 PM EDT
monsoon-man has problems, investing in community's is a problem? GET REAL THE PROBLEM IS CORPORATIONS TELLING GOVERNMENT HOW TO DO THINGS! GET MONEY PUT OF POLITICS NOW! EVERYTHING ELSE IS JUST A SIDESHOW- RIGHT OR LEFT, DOESN'T MATTER. NO MORE MONEY IN POLITICS, GET THE BANKS AND CORPORATIONS OUT OF THE US GOVERNMENT!!!
jamieLM | Nov 05, 2011, 12:17 PM EDT
Obama should kick the worthless SEC in the butt and push for regulation of the Wall Street stock market fat-cats, many of whom are engaged in illegal practices that are destabilizing the Am. economy by devaluing good Am. companies with their insider-trader knowledge, lies, and computer trading practices which causes extreme volatility in the market. That all affects the value of the pension plans of millions of Americans. Am. financial firms (Goldman Sachs, Countrywide, WA Mutual, etc.) played a huge role in creating a financial mess in Europe. Our lame Congress, both Dems & Repubs, have done little more than give a few fat-cats a good scolding up on the hill. Congress and our presidents don't like to bite the hand that feeds them (campaign contributions). There's lots of blame to go around: Bush, Obama, Congress, greedy Fat-Cats (Corzine is one that comes to mind). The U.S. needs to get their own financial house in order and let Greece and others do the same. Btw: Solyndra is one ugly financial debacle that the WH is doing some stonewalling on. Show us ALL the records.
Monsoonman | Nov 05, 2011, 11:38 AM EDT
Ummm, U conveniently glossed over the fact that lead to the banking meltdown, busy body, nanny stater, do gooder, jimmy carter enacting the community reinvestment act which FORCED banks to make loans to deadbeat borrowers. This was compounded and coerced on banks by bill clinton and the community organizer obama. Learn YOUR history, or we are all doomed to repeat it again and again.
newnation | Nov 05, 2011, 11:33 AM EDT
Cathy/Marty- He didn't go to greece, canne is in france, you know in europe.. learn some world geography, you know on a map. it tells you where places are in the world! It was where the world leaders were meeting to try sort out this mess that america created. do something useful.
jamthecat | Nov 05, 2011, 11:22 AM EDT
Ed, repeating GOP talking points only proves how poor your knowledge is about basic economics, let alone actual history. The Greek government did a lot that was stupid and wrong, but at every step leading up to this they were counseled to do so by American financial firms like Morgan Stanley. And to continue to use Freddie and Fannie as examples of what went wrong when it was the private sector companies like Countrywide and Washington Mutual who committed 90% of the mortgage fraud and whose top dogs walked away with ten times more in the way of cash for themselves is ridiculous. Catch up to reality, Ed, or wind up on the trash heap of history as someone no one pays attention to, anymore.
cathy/marty | Nov 05, 2011, 11:17 AM EDT
Why did Barry go to Greece? No one can vote for him and they are broke,so he won't get donations . Cost the taxpayers mucho bucks for him fly.It seems every time there is a problem in the states,he leaves the country.Has not said a word about fanny or freddie or wall st.This is your President in action.
Monsoonman | Nov 05, 2011, 11:03 AM EDT
The tip of the corrupt obama iceberg is starting to surface and the size and scope of this administrations malfeasance will dwarf anything the US has experienced before. Everything with this administration is pay to play. Nothing is done without gain for obama and his handlers, always the aim is profit and sustained political power.
newnation | Nov 05, 2011, 10:47 AM EDT
note to idiots: obama didn't get america into this mess. could he be doing more to stop it, most definitely, but who will stand up to these corporations? that's the big question. will you? are you? americans need to look at themselves at this point not there leader! He isn't the only leader that is about to see the world financial system fold in on itself under their watch. Italy's leader is releasing an album this week. should he not be running his country? Britian's leader is too busy trying to be Margret thatcher in reverse drag to notice etc. how many days left??
pflynn70 | Nov 05, 2011, 10:21 AM EDT
Is this not the height hypocrisy? Imagine this un-talented & completely in-experienced moron trying to tell Greece how to curb spending when he has the U.S in $15Trillion dollars in debt? His narcissism grows daily, his failures equally as fast and 2112 can't come quick enough to rid our country from this un-american buffoon.
Springfield9 | Nov 05, 2011, 10:15 AM EDT
1) Obama couldn't manage a train wreck. End of lesson.