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View Full Version : The Bankrupt PIGS of Europe By Patrick J. Buchanan




bobbyw24
02-09-2010, 08:42 AM
They are called the PIGS — Portugal, Ireland, Greece, Spain. What they have in common is that all are facing deficits and debts that could bring on national defaults and break up the European Union.

What brought the PIGS to the edge of the abyss?

All are neo-socialist states that provide welfare for poor people, generous unemployment, universal health care, early retirement and comfortable pensions. Most consume 40 percent to 50 percent of their gross domestic product annually, a crushing burden on the private sector.

Dying populations is a second cause. After two world wars, the Europeans lost their faith and embraced hedonism and materialism, la dolce vita. Large families fell out of favor. Women put off marriage and babies, and went to work. Birth control and abortion were made readily available in every country and, if not, just across the border.

For 30 years, the fertility rate of Europe has been below the 2.1 children per woman necessary to replace a population. In Russia and Ukraine, a million people disappear yearly. In Western Europe, the passing of the native-born goes on quietly, as Third World peoples come to fill the empty spaces left by the aborted and unconceived.

Turks are in Germany. Pakistanis, Indians, Arabs and Caribbean peoples are in Britain. Algerians, Tunisians and Moroccans occupy the southern coast of France and the banlieues around Paris.

These newcomers have neither the education nor skills of the Europeans. Hence, they earn less and contribute less in taxes, but consume more per capita in social benefits.

http://buchanan.org/blog/the-bankrupt-pigs-of-europe-3569.

hugolp
02-09-2010, 08:48 AM
Hey! We are in the news!

Now seriously, the real problem is the huge huge huge housing bubble we have.

LibertyEagle
02-09-2010, 09:08 AM
Sounds a lot like what is going on in the U.S.

Nemesis
02-09-2010, 01:14 PM
All of this could have been avoided had the Republcans nominated Buchanan in '92.