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Old 02-16-2010, 07:02 PM   #31
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: Ron Paul 10/20/2008 "New Era of Slavery"

Texas Straight Talk ~ A Weekly Column

Congressman Ron Paul

New Every Monday at http://www.house.gov/paul
or phone 1-888-322-1414 for recorded message.

VIDEO (4:00): http://www.youtube.com/user/minnesot.../0/u0qdw_slpj8

February 15, 2010: "Are US Taxpayers Bailing Out Greece?"

Last week we were reminded that ours is not the only country suffering from severe economic turmoil. The Greek government is the latest to come close to default on their massive public debt. Greece has insufficient funds in their treasury to make even the minimum payments that are now coming due. Their debt level is about 120 percent of their gross domestic product and their public sector absorbs what amounts to 40 percent of GDP. Any talk of cutting costs and spending is met with violent protests from the many Greeks heavily dependent on government payments. Mounting fears of default have sent shockwaves through their creditors and all of the eurozone countries.

Continues: http://www.house.gov/htbin/blog_inc?...ngdetail.shtml

Last edited by peaceandlove; 02-22-2010 at 08:04 PM.
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