Posted on 02/01/2015 8:20:35 PM PST by Steelfish
Obama Expresses Sympathy for New Greek Government
By ANDREW ACKERMAN Feb. 1, 2015
President Barack Obama expressed sympathy for the new Greek government as it seeks to rollback its strict bailout regime, saying there are limits to how far its European creditors can press Athens to repay its debts while restructuring the economy.
“You cannot keep on squeezing countries that are in the midst of depression. At some point there has to be a growth strategy in order for them to pay off their debts to eliminate some of their deficits,” Mr. Obama said in an interview with CNN’s Fareed Zakaria aired Sunday.
He said Athens needs to restructure its economy to boost its competitiveness, “but it’s very hard to initiate those changes if people’s standards of livings are dropping by 25%. Over time, eventually the political system, the society can’t sustain it.”
(Excerpt) Read more at wsj.com ...
Oh?
Obama does know that the National Debt of the United States of America is $18,000,000,000,000 and rising, correct?
He must know that when Interest Rates come back to reality that it will take a TRILLION DOLLARS or more every year just to service that Debt, correct?
Please tell me he knows these FACTS.
Because commies need to stick together.
Then why the debt increase and tax increase proposals for our economy, putz?
Communist is as communist does.
How big of a smirk did the guy have when he said this? puke.
The feckless fool on the hill knows nothing, only his own narcissism, nothing more. The world revolves around him and only him, nothing else matters.
This is just more of the old flim flam.
I hope Greece really messes around with the EU and gives them fits! ... :-) ...
Doesn’t seem to have a problem squeezing the U.S. taxpayer no matter what.
BWAHAHAHAHA!!! The economic knowledge of Obummer and the 535 corporate sock puppets in congress is surpassed by any community college kid that has taken Econ 101...
The other alternatives to the level of ignorance shown by the politihos is that they are running this country with a level of competence that rises to gross negligence or...
It is a deliberate act to ruin this nation.
None of those three alternatives are mutually exclusive and among the 536 people involved, they may be present from one elected person to another.
See a good article here: http://www.americanthinker.com/articles/2015/01/1_28_2015_17_59.html
My guess is that if American banks are owned money by Greece, Obama and the Dems will do something to have those banks forgive the debt while Obama and the Dems reimburse the banks with money from American taxpayers or regulatory fee payers. Somebody should watch for this.
Yeah, I know.
It was just my feckless grasp of reality getting the best of me. Time for a nap. LOL
Greece has been a Socialist hell hole for years. They ran out of other people’s money.
“what we’ve learned in the U.S. experience...is that the best way to reduce deficits and to restore fiscal soundness is to grow.”
Problem is, what he means is the gov’t needs to grow, and that’s the problem with Greece.
Obama sympathizing with commies? Who knew?
Don’t forget the Nine Black Robed Rulers who rubber stamp the expansion of Tyranny.
Remember, if it isn’t a FEE, it has to be a TAX, or vice versa depending on the situation. The People’s freedom rests on a coin flip at best.
Check out the photo of Obama that’s in the article...Doesn’t he look way more stupid than he normally does?
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