[HeeeHAWWWW]

Greece should never have applied to join the euro, and should never have been let in either. The convergence criteria were totally ignored for political reasons.

Debt crises just expose areas of economic weakness - the crash would have come for them at some point regardless.

[wtf]

Greece should never have applied to join the euro, and should never have been let in either. The convergence criteria were totally ignored for political reasons.

Debt crises just expose areas of economic weakness - the crash would have come for them at some point regardless.

no they would not have crashed, just devalued the drachma

they do not have that option now

[CanuckG]

At least the Athens riots aren't about just a hockey game...

[eleuropeano]

That is true, but also do not underestimate the amount of lying and statistics-fixing that went on in Greece. The convergence criteria looked a lot better than they actually were.

Greece should never have applied to join the euro, and should never have been let in either. The convergence criteria were totally ignored for political reasons.

Debt crises just expose areas of economic weakness - the crash would have come for them at some point regardless.

[isende]

How can liberal democrats possibly be this stupid? Blaming Greece's problem on overtaxation of the poor? WHAT ON EARTH ARE YOU SMOKING?

Take a good long look at Greece and see how destructive decades of socialist policy can be on a nation.

Socialism is the only thing these people know and now they are totally fukked.

Come November, remember Obama's $3.8 TRILLION budget this year which represents an significant increase over any other budget ever passed. The only thing Obama knows how to do is spend money that this nation doesn't have though the republicans will NEVER pass his budget as written. There is no possible tax increase that could ever pay for a $3.8 TRILLION budget without incurring significant additional debt.

Barack Obama's refusal to reign in government spending is absolutely DISGUSTING and he needs to be removed from office.

Thank goodness the voters were smart enough to take full control away from the democrats in the 2010 mid-term democratic party thrashing. Hopefully, the voters finish the job and kick that free spending Obama to the White House curb come November.

he is free spending on stuff that he inherited from his predecessors: 2 wars of which one was totally needless, tax cuts for the rich that bush passed without any reason. and a financial crisis that was caused by a financial industry in wall street that went without any regulation for decades. the bailout for this mess is what should worry you - not a government that is trying to deal with poverty and health insurance!!

[mh217]

greece will default..austerity measures will just make it a more orderly default..cant wait for the situation to be resolved cause its a huge dark cloud over our markets.

[MC PICKS]

Obama is taking america down the exact same path.

[DwightShrute]

tax cuts for the rich that bush passed without any reason.

realy? for no reason? How many times has King Obama extended to payroll tax? the last time was 2 months ago and they run out any day now. There is plenty of taxes collected by government to more than pay enough for everything the government needs to run. Including free healthcare for everyone. They just waste it. You have to be a fool to endorse more taxes that will be wasted.

and a financial crisis that was caused by a financial industry in wall street that went without any regulation for decades.

It was mainly cause by the housing bubble. Government entities like Freddie and fannie forcing banks to make loans to under-qualified people and the loans were falsely sold as triple A rated mortgages to financial institutions around the world. Then the bubble burst and affected the whole world. Bush actually warned this was gonna happen and tried several times to stop it but fell on deaf Democrat ears. Government is as much to blame as Wall street and perhaps even more to blame. This is what cause the economic crisis http://www.youtube.com/watch?v=1RZVw3no2A4

not a government that is trying to deal with poverty and health insurance!!

bullshit. King Obama wants a welfare state. Spread the wealth. The more depending on government means more votes for the party that provides entitlements. The free stuff. Making a law that forces citizens to buy something? WTF? The government isn't dealing with poverty the right way. They need to close loop holes so that corporations pay their fair share and don't ship all their jobs offshore, lower the highest corporate tax rate in the world to entice businesses to come back to the US and stop spending wasting tax payer money. Let business create jobs. More of King Obama's ideology will further ruin the US and turn it more like Greece. I am sure he's glad that guys like you believe the opposite. Have you ever heard the term "politician are thieves"? Of course you have. We all have. But yet, some of you want to rely on them even more. Let government make more and more decisions with our lives as if somehow they have a stellar historical record of achievements.