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"World Economy At stake" In Greek Austerity Vote
http://www.breitbart.com/ ^
| June 28, 2011
| Breitbart
Posted on 06/28/2011 4:39:11 PM PDT by Biggirl
Europe ramped up pressure on the Greek parliament Tuesday to approve drastic austerity measures, warning that it would otherwise face a swift debt default that would rock the world economy. As Greek police clashed with protesters ahead of this week's vote, Brussels told Greece that no "Plan B" would be waiting if it failed to pass the measures demanded by creditors in return for loans needed to keep Athens afloat.
(Excerpt) Read more at breitbart.com ...
TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: debt; default; economy; greece; police; protesters; teachers
Could this be America's future?
1
posted on
06/28/2011 4:39:17 PM PDT
by
Biggirl
Comment #2 Removed by Moderator
To: Biggirl
The Greek parliamentcan vote all the austerity they want. I doubt it can be implemented. Pretty much the same here. Cut the welfare gravy train in half and we will have riots. Might have them anyway.
3
posted on
06/28/2011 4:55:35 PM PDT
by
dynachrome
("Our forefathers didn't bury their guns. They buried those that tried to take them.")
To: Biggirl
“Could this be America’s future?”
Yep. It’s California’s present so there’s no reason why it can’t happen nationally. Especially if the Republicans fold on the debt limit.
4
posted on
06/28/2011 4:59:14 PM PDT
by
MeganC
(NO WAR FOR OIL! ........except when a Democrat's in charge.)
To: Biggirl
I wish the world order economy would collapse so we could start over without the socialists.
5
posted on
06/28/2011 5:00:23 PM PDT
by
screaminsunshine
(Socialism...Easier said than done.)
To: dynachrome
Trust me even if they vote against it Obama and the NWO will give them the money anyway. Socialism can not be allowed to fail.
6
posted on
06/28/2011 5:01:51 PM PDT
by
screaminsunshine
(Socialism...Easier said than done.)
To: Biggirl
America was the hub of it until Obama made a dedicated decision that America should not be the leader of the free world.
7
posted on
06/28/2011 5:08:31 PM PDT
by
himno hero
("Armageddon is well seeded, America will pay"... Barrack Obama's vision)
To: screaminsunshine
Ditch obamacare, implement lieberman/coburn, leave afghanistan and Iraq to the muzzies and lower the tax rates by an equal number, we will be out of debt in no time.
8
posted on
06/28/2011 5:09:37 PM PDT
by
EQAndyBuzz
(Liberals who graduate from Ivy League schools are the dumbest people on the planet.)
To: Biggirl
"Could this be America's future? "
Yep.
9
posted on
06/28/2011 5:09:44 PM PDT
by
Paladin2
To: Biggirl
10
posted on
06/28/2011 5:21:21 PM PDT
by
SkyPilot
To: screaminsunshine
The IMF will help them out with US money. Freshly printed! (or freshly computered)
11
posted on
06/28/2011 5:29:29 PM PDT
by
dynachrome
("Our forefathers didn't bury their guns. They buried those that tried to take them.")
To: Biggirl
I suppose the world economy is too big to fail, no?
12
posted on
06/28/2011 5:33:53 PM PDT
by
paul51
(11 September 2001 - Never forget)
To: Biggirl
The world’s “austerity measures” include outrageous tax hikes for vain attempts to continue big governments. The slick politicians and their favored boss constituents (mostly employees of various levels of government) already have plans made for us, regardless of the fact that those plans consistently fail.
13
posted on
06/28/2011 5:56:05 PM PDT
by
familyop
(We Baby Boomers are croaking in a thunderous avalanche of rottenness smelled across the universe.)
To: screaminsunshine
They would be getting the money from us anyway. This is an IMF loan. Who do you think the IMF is?
14
posted on
06/28/2011 7:12:43 PM PDT
by
sheana
To: familyop
I thought Austerity referred to cutting spending....not tax hikes.
~~~ {In economics, austerity is a policy of deficit-cutting, lower spending, and a reduction in the amount of benefits and public services provided.}
15
posted on
06/29/2011 6:58:20 AM PDT
by
Fawn
(No--bama 2012)
To: Fawn
"
I thought Austerity referred to cutting spending....not tax hikes. ~~~ {In economics, austerity is a policy of deficit-cutting, lower spending, and a reduction in the amount of benefits and public services provided.}"
It does, but global leaders are revising that for themselves and their favorite constituents. They are also implementing "state asset sales," as often suggested to FR regarding the USA (often presented by commenters falsely as a fear).
Greece backs first austerity package, violence worsenshttp://www.freerepublic.com/focus/f-news/2741819/posts
16
posted on
06/29/2011 4:52:34 PM PDT
by
familyop
(Rome was burned in a day--twice.)
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