Eye View States.. Replace Karolos Papoulias.. Put Some Windex On It

US taxpayers could be on the hook for $50 billion or more as part of the European debt bailout, which is likely to be a close cousin to the strategy used to rescue the American financial system.

Determining the exact exposure at this point is nearly impossible until governments start stepping up to the window created by the European Union and the International Monetary Fund to stem the crisis in Greece and elsewhere on the continent.

Margaret Thatcher said  “The problem with socialism is that eventually you run out of other people’s money.

President of Greece,  Karolos Papoulias of the Panehellenic Socialist Movement just received another dose of other peoples money.. Maybe a requirement of the US bailout is to replace him with someone  that is better handling other peoples money.. Otherwise this can, just got kicked down the Attiki Odos

 

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: