The Greecing of America, Simplified

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The repercussions from Greece's fiscal crisis are starting to ripple around the world. But are lessons being learned?

Thousands of Greeks have violently rioted against their government because the game is up. For years, the Greek government made spending promises to its people that it could never keep (much like a Bernie Madoff-style Ponzi scheme).

When taxes couldn't cover the cost of spending, the Greek government took out loans. Loans quickly turned to a debt so large it's 115% the size of Greece's economy.

Unfortunately, the U.S. is doing the exact same thing. Watch the video to find out more and, if you approve of the video's message, please pass it along to others.

It's too late for Greece. But it's not too late for us. We can still cut spending and save our economy from crisis.
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Category:

News & Politics

Tags:

• Greece
• Greek
• crisis
• Greek crisis
• fiscal
• debt
• debt crisis
• deficit
• European Union
• EU
• GDP
• government
• spending
• stock market
• dow jones
• Fleecing of America
• Ponzi scheme
• international monetary fund
• IMF
• world bank
• Bernie Madoff
• global economy
• US economy
• economics
• Bankrupting America
• Public Notice
• pensions
• social security
• entitlements

[TruthAxe]

Greece isn't doing anything. The U.S. isn't doing anything.

Politicians and Bureaucrats are doing the misdeeds. In America, it's Republicans and Democrats who have stolen people's money under the rubric of income taxes backed by the 16th Amendment.

Tens of thousands of scumbag government workers, from cops to school teachers, from EPA inspectors to DMV workers, all getting overpaid with outrageous guaranteed pensions.

As always, all problems stem from GOVERNMENT. Fact.

[mjkirk12]

Like Logan's Run (1976 movie)....

[17Spartacus76]

@OSCAR1777

Hey, retard. Social security is 17.5 TRILLION in the hole. Medicare + Medicaid, another 60 TRILLION. Those are the facts, read the actuarial reports. Your state of denial is funny, enjoy national bankruptcy fucktard.

[OSCAR1777]

@17Spartacus76 Nope... you are an idiot... and you fail. Sorry - what is the point in this video? Perhaps you can enlighten me? Listen... it is way too short to include all the problems so it focuses on a one. Yes, it is a problem. But Wall St took a huge chunk out of US economy... and no one except Madoff is in jail... Keep thinking it's the old people... it;s the fault of pensions... lol ... keep believing what the rich tell you. No... you loose and you dont get the point.

[17Spartacus76]

@OSCAR1777

you're an idiot if you don't understand the point being made

there are less and less contributors, while more and more recipients

i hope no one takes you seriously -- attack what is being said , call it "idiotic" and attack the intelligence of the viewers "i hope no one takes this seriously" all while offering no reason for your statement.

your post lacks thought and substance

you FAIL

[17Spartacus76]

@OSCAR1777

you're an idiot if you don't understand the point being made

there are less and less contributors, while more and more recipients

i hope no one takes you seriously, attack what is being said , dont call it "idiotic" and attack the intelligence of the viewers "i hope no one takes this seriously"

your post lacks thought and substance

[truthfinder2175]

Interesting how social security is targeted when we all know the primary target should be the military industrial complex & the never-ending wars.

[partysounz]

This can't happen. The FEDERAL RESERVE BANK just makes money out of thin air and sells it round the world. That's the real crime here. All politicians are puppets of the bankers too

[usrevolution2]

Peace has no value without FREEDOM! Start making your plans a war is brewing between good and evil. Will you fight for FREEDOM or PEACE? The Second American Revolution has begun! Get your flag at USRevolution2(dot)com

[RIAAInformant]

Washington DC/the Obama Administration are bankrupting America as ordered, on purpose.

The goal is to FORCE the US into a North American Union (NAU) then nullify the US Constitution, the Bill of Rights and American Citizenship.

Once we're all forced under the reign and control of a global dictatorship, we will have no voice on anything.

The NEW WORLD ORDER is coming.

Obama is positioning himself to be SUPREME RULER of Earth by exactly following the orders of his puppet masters.

Bankrupt the USA.

[ed11561]

1-OUTLAW LOBBYISTS.2- GIVE ALL CANDIDATES RUNNING FOR OFFICE A SET AMOUNT OF MONEY TO RUN AGAINST EACH OTHER.3-FORBID CAMPAIGNERS TIME AWAY FROM THEIR JOBS TO CAMPAIGN4-IF U CAN'T CAPAIGN ON YOUR OWN TIME-GET THE FUCK OUT& GIVE YOUR SALARY&BENEFITS BACK.5-SET TERM LIMITS ON EVERY OFFICE IN THE COUNTRY-SENATE-HOUSE-SUPREME COURT,ETC.6-NO OUTSIDE COUNTRIES CAN CONTRIBUTE TO ANY CAMPAIGNS ANYWHERE(SEE RULE2)7-NO POLITICAL FAVORS FOR CORPORATIONS WHATSOEVER8-MEDIA MUST REPORT THE TRUTH OR BE REMOVED