Skip O'Neill – Liberty for All

Ron Paul for A New Direction

Greek-style default coming to America?

with 2 comments

Today, many Greek citizens are draining their savings accounts. They are out of work and afraid of what is to come if they get forced out of the Euro Zone, many Greeks have chosen to hold cash rather than keep money in the bank. Savings accounts in Greece are down almost 30% since the start of the crisis in early 2010. Currently, Greece has an 18% unemployment rate and is suffering from an aging entitlement society that has simply voted themselves too many gifts. The bankers have literally created a class of indentured servants to the banks, however, rather than break free from these chains, the politicians have created an atmosphere of fear that if they default on the banks, it will be the end of the world. Default would be the best thing for Greece. Sure they would go through a few years of hard times and change, but keeping the current system in place has only made them debt slaves.  If we want to save America, we need Ron Paul to lead us through these coming troubled times.


Written by opinionoregon

December 8, 2011 at 3:58 pm

Posted in Uncategorized

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