Watch The News From Greece Watch The News From Greece - Talk of The Villages Florida

Watch The News From Greece

 
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  #1  
Old 04-27-2010, 05:54 PM
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Default Watch The News From Greece

I've said before that unless the U.S. Government begins to act with greater fiscal responsibility, that's where we'll be in a few years.

One difference is that our government can quietly print money, while Greece as a member of the EU cannot. First we'll see ballooning debt and inflation. Then we'll experience the same woes as Greece--our creditors will tell us how to run our country, how much we can spend and how much we will have to tax.

Argue all you wish about who caused it and who's making the situation worse or better, we're headed in the same direction as Greece.

Watch!
  #2  
Old 04-27-2010, 06:09 PM
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We have been heading due south since the Dems took over in 2006 and it has only gotten worse since Mr. Teleprompter took over the WH.
  #3  
Old 04-27-2010, 09:10 PM
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Originally Posted by Donna2 View Post
We have been heading due south since the Dems took over in 2006 and it has only gotten worse since Mr. Teleprompter took over the WH.
And all the spending by the Republican Congress, the 2 off the books unfunded wars, unfunded Medicare prescription drug benefit and tax cuts had nothing to do with the problem we face now......
  #4  
Old 04-27-2010, 09:16 PM
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Originally Posted by cologal View Post
And all the spending by the Republican Congress, the 2 off the books unfunded wars, unfunded Medicare prescription drug benefit and tax cuts had nothing to do with the problem we face now......
You are so predictable COLOGAL...anyone who posts anything about this President who is obviously your hero is reminded of the last administration but you never ever address what the posters refer to...ONLY to discuss Bush and Republicans.

As I have said to you many time...they overspent...we know it....but discuss what this administration is doing sometime instead of the constant barrage of Republicans did this...Bush did this....are you happy with the direction THIS ADMINISTRATION is taking us ?
  #5  
Old 04-27-2010, 10:47 PM
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Originally Posted by Bucco View Post
You are so predictable COLOGAL...anyone who posts anything about this President who is obviously your hero is reminded of the last administration but you never ever address what the posters refer to...ONLY to discuss Bush and Republicans.

As I have said to you many time...they overspent...we know it....but discuss what this administration is doing sometime instead of the constant barrage of Republicans did this...Bush did this....are you happy with the direction THIS ADMINISTRATION is taking us ?
My hero...hardly. And you are NOT predictable I could have predicted you would post this response. Any time we say something about the previous administrations spending you jump. The country did get here based on the past year....but none of the Tea Party crowd will admit that. When they stop trashing this administration then I will stop referring to the last.
  #6  
Old 04-27-2010, 10:58 PM
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Default Let Me Get This Straight

Quote:
Originally Posted by cologal View Post
And all the spending by the Republican Congress, the 2 off the books unfunded wars, unfunded Medicare prescription drug benefit and tax cuts had nothing to do with the problem we face now......
Are you saying that all the unfunded spending that is going on now is ok? BTW, have you forgotten just how long this Congress has been in power?
  #7  
Old 04-28-2010, 06:55 AM
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If one wanted to castigate cologal for pointing bringing up Bush and the profligate GOP spending, you really have to be fair because it's not hard to notice that Donna2's post prompted it by only mentioning the "Dems" as of "2006".

Get the partisanship out of the discussion and it's easy to say that our financial direction has been headed south since 9/11 - that's when we reacted with the Patriot Act (hello DHS and other new expensive agencies in an economic downturn), buying the votes of seniors with more medicaid (apparently some think it's ok to buy senior votes with medicaid dollars but not ok to buy poor people's votes with other spending programs), going into 2 wars (one justified, being goaded into the other), did NOTHING to prevent the 2008 housing/financial collapse, and have continued on our merry spending ways under this administration.

We're coming to a point, however, where things are increasingly being able to be laid at Obama's feet. The *immediate* crisis appears to be over. Things are starting to get better - not everywhere, but it's happening. Will Obama take this opportunity anytime soon to get the budget balanced? I don't think so. He'll talk about reducing the deficit, but it remains to be seen how hard he'll push. Personally I think he'll push harder than, say, Pelosi but certainly not as hard as the Tea Party.

When I stop to think about it, I think I agree with his "wait until after the commission report after the election" attitude becuase then it won't be part of the campaign. the *theory* goes that it's only AFTER an election where you can make unpopular decisions that are, in effect, for the better in the long-term.
  #8  
Old 04-28-2010, 07:23 AM
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Default VK you are correct

Quote:
Originally Posted by Villages Kahuna View Post
I've said before that unless the U.S. Government begins to act with greater fiscal responsibility, that's where we'll be in a few years.

One difference is that our government can quietly print money, while Greece as a member of the EU cannot. First we'll see ballooning debt and inflation. Then we'll experience the same woes as Greece--our creditors will tell us how to run our country, how much we can spend and how much we will have to tax.

Argue all you wish about who caused it and who's making the situation worse or better, we're headed in the same direction as Greece.

Watch!
Without blaming any party because they are both to blame. We are in BIG trouble for sure. Osama must stop spending money we do not have.
  #9  
Old 04-28-2010, 07:27 AM
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Originally Posted by dillywho View Post
Are you saying that all the unfunded spending that is going on now is ok? BTW, have you forgotten just how long this Congress has been in power?
Nope I am not saying all the unfunded spending going on now is ok. And yes I know that the Dems have controlled Congress for 3 years but I also know that the Repubs held control for the previous 6 years.

I have always said there is plenty of blame to go around.
  #10  
Old 04-28-2010, 07:30 AM
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I am not financial minded. But I do believe that in order to correct a problem, you have to look at what caused the problem in the first place. In the case of Greece the root of their problems come from socialism and liberal mindedness.

Look back at Greece's history after WWII, the military coup in 1967 (my father had a friend who was there with his daughter, one of my friends, when it happened. I've heard it talked about my entire life when I'd go to visit.)

Currently, the Panhellenic Socialist Movement, better known as PASOK, is the majority party in the Greek Parliament. Excessive spending and borrowing by the Greek government to pay for the excessive government programs has caused rioting on the streets by the public sector unions at the very mention of spending cuts.

Public sector pensions funds in Greece are in shambles. Like a mirror held up to the US's largest union, the SEIU, their pension and retirement plans are underfunded. That is the main reason the SEIU wants as many new members into their rank and file as they can get. They have worked their way into our healthcare with the hopes of adding 500,000 members through new government regulations on healthcare workers. Now they are working their way into our financial world. With Obama appointing two high-ranking members of SEIU to the National Labors Relations Board, the unions are on their way to card check. With hopes of getting illegal immigrants signed up for union wages, they will be well on their way to accomplishing thier mission. Sadly at the ruination of America and its journey down the road to being like Greece.

I think the lesson we in America need to take from Greece is to get off the road to government entitlements and misguided union control and corruption. Greece is being run by big government and socialism.
  #11  
Old 04-28-2010, 07:45 AM
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Default One of these days some will acknowledge that Obama,

those who preceded him and those to follow own the job AND ALL IT'S CARRY FORWARD ISSUES.
This ongoing banter of what he inherited or even the more laughable position of being able to sort who did what or left what in Washington is....well....laughable.
The only way to change the past is with a time machine. And since one is not likely to be available anytime soon, the best we can do is work on the present and tomorrow.
The continual partisan need for a pound of flesh accomplishes nothing except useless debate.
I know let's try something different. Let's have the Dem leaning, Obama supporters tell one thing they do not like about Obama's current direction and or his administration. And those opposed or perceived to be opposed tell one thing they like.
I will bet there will be few or no takers and that for those that do there will be a point and counter point about what gets said.

We may even approximate a political discussion in congress resulting in nothing being accomplished.

Let's demand our representatives (another laughable concept) work on tomorrow.

btk
  #12  
Old 04-28-2010, 08:12 AM
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Please don't take this the wrong way. I do get your point billethkid. But I do believe that most in Congress and the President are thinking about tomorrow. Mostly they think about how to get re-elected or to take more control of the people or both. But just to add some levity to the subject, allow me to post a few things conservatives like about Obama from a website I found:

1) He looks great in a suit.

2) Obama never smokes in public.

3) President Obama likes dogs.

4) More than any other President, Obama has awakened a nation of apathetic Americans.

5) He bows beautifully.

13) The President's speeches evoke bipartisan response: everyone weighs in after he speaks.

14) Obama has reduced the number of lobbyists in Washington... by hiring them.

15) President Obama is the best TelePrompTer reader ever. (This is the correct spelling: it's a trademarked brand name, like Kool-Aid.)

16) Our President is like Lady Gaga, you can't read his poker face. (When Obama lies, he has no "tells," no signs that he's lying, which would make him an excellent poker player.)

17) Obama makes George W. Bush look like a fiscal conservative. He makes us miss Dubya, actually, as much as we hate to admit it (conservatives didn't like him either, remember?)

18) With 31 czars for him and 24 staff for his wife, President Obama has fulfilled his campaign promise to create jobs and reduce unemployment.

19) Millions of Americans have finally read the Constitution, thanks to President Obama.


http://www.examiner.com/examiner/x-2...a-conservative
  #13  
Old 04-28-2010, 08:16 AM
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My apologies to all posters here. My comments to COLOGAL were not a political comment and more personal pointing out that she avoids all conversation concerning this administration and does not comment on the direction this administration is taking us (AND still hasnt)

I apologize for getting this thread off base...I was under the impression, albeit mistaken I suppose, that we all agreed that the previous administration over spent,and I suppose my lack of patience was that it does not seem to respond to anything by saying that over and over and avoiding at all costs discussion of the current administration and congress.

We just need to curtail spending PERIOD !!!

Again, my apologies to all
  #14  
Old 04-28-2010, 08:38 AM
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Quote:
Originally Posted by djplong View Post
If one wanted to castigate cologal for pointing bringing up Bush and the profligate GOP spending, you really have to be fair because it's not hard to notice that Donna2's post prompted it by only mentioning the "Dems" as of "2006".

Get the partisanship out of the discussion and it's easy to say that our financial direction has been headed south since 9/11 - that's when we reacted with the Patriot Act (hello DHS and other new expensive agencies in an economic downturn), buying the votes of seniors with more medicaid (apparently some think it's ok to buy senior votes with medicaid dollars but not ok to buy poor people's votes with other spending programs), going into 2 wars (one justified, being goaded into the other), did NOTHING to prevent the 2008 housing/financial collapse, and have continued on our merry spending ways under this administration.

We're coming to a point, however, where things are increasingly being able to be laid at Obama's feet. The *immediate* crisis appears to be over. Things are starting to get better - not everywhere, but it's happening. Will Obama take this opportunity anytime soon to get the budget balanced? I don't think so. He'll talk about reducing the deficit, but it remains to be seen how hard he'll push. Personally I think he'll push harder than, say, Pelosi but certainly not as hard as the Tea Party.

When I stop to think about it, I think I agree with his "wait until after the commission report after the election" attitude becuase then it won't be part of the campaign. the *theory* goes that it's only AFTER an election where you can make unpopular decisions that are, in effect, for the better in the long-term.
Need I give you quotes from Pelosi after the 2006 dems takeover? All the promises? When will this regime take responsibility?
If the economy was doing great today, Pelosi and Mr. TelePrompter would be taking credit for it every day, right?
  #15  
Old 04-28-2010, 09:12 AM
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Default Good Read

http://online.wsj.com/article/SB1000...125742672.html
 


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