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Bailouts Go International
As if we don't support enough government workers over here, it looks like we are now paying for fat retirement plans for government workers in Greece. Crazy

http://www.gop.gov/...go-international-the
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Re: [hikeat] Bailouts Go International
It will continue to happen over and over again. Anyone want the over/under on whether or not Spain will be next?
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Re: [FreeFallFiend] Bailouts Go International
Of coarse it will happen over and over again. Giving money, no matter the amount, to a country with no fiscal responsibility and an attitude of entitlement will not fix the problem. I just hope that we will look at Greece and see our own crazy spending and huge since of entitlement.
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Re: [hikeat] Bailouts Go International
The Emperors New Clothes..... Wash, rinse, and then repeat...

The storm will be coming...
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Re: [Mac] Bailouts Go International
I guess delivering pizzas is not really creating wealth.
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Re: [460] Bailouts Go International
Apparently neither does building shitty cars. THAT was the bailout that pissed me off the most.
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Re: [FreeFallFiend] Bailouts Go International
FreeFallFiend wrote:
Apparently neither does building shitty cars. THAT was the bailout that pissed me off the most.

How about the $1 trillion+ of MBS and debt from Fannie and Freddie? Didnt Fannie just request a further $8.4 billion in aid from the U.S. Treasury Department after reporting its 11th-straight quarterly loss?

Well, at least the Government own a hotel chain..... Wink

http://www.youtube.com/...ture=player_embedded
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Re: [Mac] Bailouts Go International
Mac, don't even get me started on Fannie and Freddie. They are are beyond having issues to the point of BEING issues.

The reason I was so pissed about the auto bailout was because of the stance the UAW took. They knew they were going to get the money no matter what so instead of making concessions they gave America and it's taxpayers the finger and gladly accepted the money they couldn't have survived without.
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Re: [FreeFallFiend] Bailouts Go International
http://www.thebailoutgame.us/
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Re: [Mac] Bailouts Go International
That is awesome.

I wish I had a "Ask Alan Greenspan" button.