Obamas Promised Changes
Democrats Love Europe
Several months ago Greece experienced very harsh economic realities. Because of the common currency used in Europe, the rest of Europe felt the ripples of the Greek difficulties. Later it was Spain, Portugal and Italy. Now it is Ireland. Basically, the welfare estate in Greece has grown beyond the ability of the Greek economy to support it. The story is pretty much the same throughout Europe. With paid holidays, paid retirement, paid health care, paid education for everyone, … the general population has lost its motivation to work at all. Plus they are so entrenched in the welfare estate that it is now a right not a privilege.
What is amazing is that the Greek population is angry with their government for this predicament. The government gives the people what they want. Government cannot pay for all of it and eventually goes broke. People do not support cut backs on their paid holidays, paid retirement, paid health care, paid education for everyone, … Welcome to nanny state land. Accountability has been erased from their dictionary.
By the way, if Greece and most of the European countries has such ideal living conditions, then why is the net population movement from Europe to the USA?
The Democrats love Europe. Obama loves Europe. His changes for the USA are toward the European model for society. I have a suggestion for Obama and his Democrats – emigrate to Europe. Stop trying to change the very fabric of our country.
Does any understand the Napoleonic Code? Something about guilty until proven innocent I think …? We should try that one with our Congressmen and Senators.
If you love the European model, then be my guest. File papers. Move to Europe. I wish you only prosperity and good luck in your new home.
Is This The Change We Were Promised?
President-Elect Obama has made the appointment of his Treasury Secretary his top priority.
Here are some of the names in the hat:
- Warren Buffett – very successful financial trader
- Sheila Barr – chairperson of the Federal Deposit Insurance Corporation. (active in trying to stop home foreclosures by banks)
- Timothy Geithner – New York Federal Reserve President.(involved in rescue of Bear Stearns and AIG, involved in failure to save Lehman Bros.)
- Jon Corzine – New Jersey Governor (former Goldman Sachs CEO, former US Senator)
- Robert Rubin – former Treasury Secretary (has stated he is not interested)
- Lawrence Summers – former Treasury Secretary
-Henry Paulson – current Treasury Secretary (has stated he is not interested)
How many big changes do you see in this list?
With looming additional financial crises and the disposition of the $700,000,000,000 bailout with our money – it is no wonder this is a priority. It is also an opportunity. His choice will be an indication of things to come. The World Economic Summit will be held November 14 and 15 makes this appointment even more pressing.
Indications of the future are great. World Conferences are important. But what is interesting to me is the actual mechanism for the bailout.
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