Dec 01 2010
Why Are We The World’s Piggy Bank?
This is just nuts. We are running $1.3 trillion dollar deficits each year now, thanks to out of control liberal spending, and we are supposed to bail out Europe and their bloated, socialist, cradle to grave subsidies?
The United States would be ready to support the extension of the European Financial Stability Facility via an extra commitment of money from the International Monetary Fund, a U.S. official told Reuters on Wednesday.
“There are a lot of people talking about that. I think the European Commission has talked about that,” said the U.S. official, commenting on enlarging the 750 billion euro ($980 billion) EU/IMF European stability fund. “It is up to the Europeans. We will certainly support using the IMF in these circumstances.”
Is this why I work 50-60 hours a week 48 weeks out of the year? Hell no!
I work to pay my fair share, but mostly to reap the rewards of my efforts and pass something down to MY children – not some lazy EU citizen working 32 hours a week and taking off August to lounge around some more.
Obama is nuts. Absolutely nuts. When Europe stops paying people to sit on their arses and raise their noses at us rube Americans, then maybe we can discuss financial help. But these people are rioting because they have to work full time for a full life? Let them reap the results of their efforts.
[…] This post was mentioned on Twitter by Bridget Hatch, AJ Strata. AJ Strata said: new: Why Are We The World's Piggy Bank? http://strata-sphere.com/blog/index.php/archives/15542 […]
[…] Ed Morrissey Show: Rob Neppell, Guy Benson – hotair.com 12/01/2010 3 pm ET! more… Why Are We The World’s Piggy Bank? – strata-sphere.com 12/01/2010 This is just nuts. We are running $1.3 trillion dollar […]
This is totally pathetic, we fight their wars and now we finance their life style and they have the nerve to criticize us. Who is making these decisions? It has to be Obama, the Treasury can’t give away our money, can they?
So, we BORROW money (from the Chinese?) to bail out EUROPE and (mostly) EUROPEAN BANKS so they’re not stuck with the consequences of their years of welfare state spending and deficits. We make OUR DEFICIT WORSE to help EUROPE AVOID A RECKONING?
No. Not only NO, but HELL NO!!
This should be a campaign issue
Hi guys I have no axe to grind here but apparently the loans were paid back in 2009 and were loaned because of the exposure to the subprime fiasco in the USA.
None of it is real money. We don’t have real money anymore – it’s all just funny paper printed up whenever the need comes to keep the world’s monopoly game going for another round or two.
The other players want to borrow from the monopoly banker? Just print up some more brightly colored pieces of paper and ship them over, none of it is actually worth anything.
And each passing day is one day closer to the point when the game ends and all the players have to admit they’ve been playing for nothing but time.