Sunday, May 2, 2010

The Greeks will get some of your hard earned money

Congratulations, dear American taxpayer. You get to shore up Greek profligacy. Ruminate on this when the austerity measures fail and the welfare-state loving Greeks are back to the streets putting bricks through windows. I've read several news articles on this and not a one mentions that the International Monetary Fund is largely supported by American taxpayers. I wonder why?


Joe Markowitz said...

The IMF costs US taxpayers very little. And wouldn't a default by Greece cost us a lot more than this deal?

VH said...

A default by Greece will cost the E.U. and they should take care of their own. If California needs cash next year I doubt that Europeans will be lining up to help.