All the European PIIGS [Portugal, Italy, Ireland, Greece and Spain] have tried [solar energy subsidies]– and the waste of taxpayer funds on failing green energy schemes is a major reason for their parlous financial state.
Post Tagged with: "Greece"
April 6, 2012 07:45
19 Signs Of Very Serious Economic Trouble On The Horizon
Right now the U.S. government can still borrow trillions of dollars at super low interest rates thanks to games being played by the Federal Reserve. But it is simply not possible for this Ponzi scheme to last too much longer. When it ends, the pain will be extremely great.
March 12, 2012 05:09
National debt really $24 TRILLION
USA is worse off than Greece, Portugal, Spain or Ireland. In another four years, the additions to all of these categories of debt will bring us past Japan’s 200% Debt/GDP.
March 9, 2012 05:54
Investors to lose up to 74% in Greek debt swap
Greece has said it has received enough backing to push through the largest restructuring of government debt in history. – BBC News
February 27, 2012 05:46
Eurobamacare can’t pay for drugs
Will your drugs cost more to pay for drug companies losses in Europe?
February 22, 2012 05:18
8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default
[T]he new debt deal imposes such strict conditions on Greece that it is almost inevitable that Greece will fail to meet some of them. When Greece does fail, Germany and the other northern European nations may try to claim that they “did everything that they could” but that Greece just did not “live up to its obligations”.
February 21, 2012 06:55
Leaked Memo Blows The Lid Off Of The Entire Greek Bailout
Again, basically what it shows is that European leaders can’t deny what everyone sees as obvious: That everything undertaken so far is destroying the Greek economy, and that further reforms will only make it worse. – Business Insider
February 20, 2012 05:47
Ryan: Obama ignoring debt crisis will lead to Greek like austerity
“The White House’s rhetoric just doesn’t match the substance.” [they’re lying] “..white House isn’t even trying to solve this problem.” [Obama is all campaigning all the time] “When you strip away all the budget gimmicks and the accounting tricks they just gave us a budget that has a net spending increase of $1.5 trillion dollars and a tax increase of $1.9 trillion dollars. It’s not leadership.” [there are no cuts in Obama’s budget. Comments to the contrary are campaign propaganda]
February 13, 2012 11:36
Greece Fires – Total Chaos; Riots Rage; Athens Resembles War Zone
Angry protesters in the capital threw rocks at the police, who fired back with tear gas. After nightfall, demonstrators threw Molotov cocktails, setting fire to more than 40 buildings, including a historic theater in downtown Athens, the worst damage in the city since May 2010, when three people were killed when protesters firebombed a bank.
February 13, 2012 06:39
Greece MPs pass austerity plan amid violent protests
Tens of thousands protested in Athens, where there were widespread clashes and buildings were set on fire. Violent protests were reported in cities across the country. – BBC News
