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View Full Version : Obama Pledges American Money to Help Greece




bobbyw24
06-08-2011, 06:28 AM
President Barack Obama on Tuesday urged European countries and bondholders to prevent a "disastrous" default by Greece and pledged U.S. support to help tackle the country's debt crisis.

Obama, whose political prospects have suffered from persistently high unemployment and ballooning U.S. debt, has pinpointed the euro zone crisis as one foreign "headwind" hitting the U.S. economy.

http://www.cnbc.com/id/43321461

sailingaway
06-08-2011, 06:34 AM
That is insane and he has no authority to do that.

What else is new?

AuH20
06-08-2011, 06:40 AM
Secession or nullification is our only hope. Take your pick. There is no walking this back.

bobbyw24
06-08-2011, 06:44 AM
Well, he said we are not in a double dip recession, so we have lotsa extra money sitting around to spend. Thanks Ben!

HOLLYWOOD
06-08-2011, 06:47 AM
Everything you want to know about the Greece debt crisis(pdf): http://www.stcipd.com/UserFiles/File/Greece%20Crisis%20%20What%20are%20the%20Options.pd f

One thing noted is US Banks increased their holdings in Greece this year... indicating that a bailout was coming. Low and Behold, UNCLE SUGAR to the rescue of the US BANKS.

Obama is such a ManWhore aka Puppet

PS: This "Medal of Freedom" bullshit by Obama to German Chancellor Merkle is not just another aristocratic propaganda, it was another backroom deal Merkle bought into for the Greek bailout.

bobbyw24
06-08-2011, 06:48 AM
One thing noted is US Banks increased their holdings in Greece this year... indicating that a bailout was coming. Low and Behold, UNCLE SUGAR to the rescue of the US BANKS.

Now I see . . .

Noob
06-08-2011, 07:08 AM
European Rating- Agency Fari downgrades USA-Rating

Feri ranks the creditworthiness of the United States down. Feri lowers credit rating for the U.S. from AAA to AA, making it the first rating agency in general, which makes this step.

http://translate.google.com/translate?hl=en&sl=de&u=http://www.godmode-trader.de/nachricht/Feri-stuft-die-Bonitaet-der-USA-herab,a2560303.html&ei=pSrvTaePMceztweF0rmzCQ&sa=X&oi=translate&ct=result&resnum=1&ved=0CBwQ7gEwAA&prev=/search%3Fq%3Dhttp://www.godmode-trader.de/nachricht/Feri-stuft-die-Bonitaet-der-USA-herab,a2560303.html%26hl%3Den%26client%3Dfirefox-a%26hs%3D2pt%26sa%3DG%26rls%3Dorg.mozilla:en-US:official%26prmd%3Divns

teacherone
06-08-2011, 07:26 AM
Everything you want to know about the Greece debt crisis(pdf): http://www.stcipd.com/UserFiles/File/Greece%20Crisis%20%20What%20are%20the%20Options.pd f

One thing noted is US Banks increased their holdings in Greece this year... indicating that a bailout was coming. Low and Behold, UNCLE SUGAR to the rescue of the US BANKS.

Obama is such a ManWhore aka Puppet

PS: This "Medal of Freedom" bullshit by Obama to German Chancellor Merkle is not just another aristocratic propaganda, it was another backroom deal Merkle bought into for the Greek bailout.

wow. thanks hollywood!

Carehn
06-08-2011, 07:36 AM
remember the fight we all put up with the fist bail out in the bush days? Now with bail out number 17 coming up we just kinda take it. I don't blame us, but i agree with that one guy. Its time to leave the union and stop using the cotton currency.