Replies

The people are us. We will react the same way when the US can no longer keep the promises of the welfare state. Look at the handwringing now over sequestration, which is really nothing. $100 billion a year in cuts for 10 years when you have a $3.7 trillion annual budget. We are talking about 2.7% reduction.

The austerity measures being imposed on the Greek people are draconian and this is the third wave of such measures. It is time for the politicians to stop trying to stay in the EU and to stop accepting the EU bribes to keep this slow motion national bankruptcy going. There is no way they can get out of this mess except to declare bankruptcy and go back to the drachma. 25% unemployment and a contraction of GDP of over 25% in just the past few years. It is insanity. It is also cruel.