Did You Know...

   

Greece Erupts After Vote for Austerity Measures to Secure Another Bailout

Share
By Doug Powers  •  February 12, 2012 10:19 PM

**Written by Doug Powers

About half of U.S. households receive a government benefit of some sort, and there is no sign of either entitlements or the government’s “tax a lot and spend even more to bring down the debt” mentality slowing down. After that, simple mathematics takes over and chaos ensues. Just ask Greece:

ATHENS, Greece — The Greek parliament approved on Monday a deeply unpopular austerity bill to secure a second bailout from the European Union and International Monetary Fund and avoid a messy default.

The vote occurred after 100,000 demonstrators marched to the parliament and buildings were burned down in central Athens. Following the vote, black-masked protesters created a wall of fire with petrol bombs and set fire to cinemas, cafes, shops and banks.

Fifty police officers and at least 55 protesters were hospitalized. Forty-five suspected rioters were arrested; a further 40 were detained.

Following the vote to cut $4.35 billion — which means axing one in five civil service jobs and slashing the minimum wage by more than a fifth — violence spread to other Greek towns and cities, including on the holiday islands of Corfu and Crete.

“I’ve had it! I can’t take it any more. There’s no point in living in this country any more,” said a man walking through his smashed and looted optician store.

Greece, and much of Europe for that matter, provide an unpleasant glimpse into what the future holds for the United States (as Daniel Hannan has warned). Will our government heed that warning? Unless changes are made in November and well beyond, that won’t be the case.

Update: Some video from Greece (h/t Fox Nation):

**Written by Doug Powers

Twitter @ThePowersThatBe

blog comments powered by Disqus
~ For the latest breaking news, be sure to join Michelle's Email List:
Posted in: Politics,Pork

Obama’s campaign speech in Maryland so awesome people left early

October 19, 2014 08:43 PM by Doug Powers

rose

The wilting

George Stephanopoulos: Ebola Czar Klain is the communications and management expert government needs

October 19, 2014 12:33 PM by Doug Powers

czar

Plus: Somebody looks familiar…

Wendy Davis’ campaign website selling baby onesies — baby optional

October 18, 2014 03:01 PM by Doug Powers

dude

Pretty shameless

Who’s afraid of ‘Rocky Mountain Heist?’

October 17, 2014 12:06 AM by Michelle Malkin


Categories: 2014 Campaign, Campaign finance, Feature Story

Follow me on Twitter Follow me on Facebook