Wednesday, May 30, 2012

Who's Really Getting Bailed Out

It isn't Greece.
But almost none of the money is going to the Greek government to pay for vital public services. Instead, it is flowing directly back into the troika’s pockets.

The European bailout of 130 billion euros ($163.4 billion) that was supposed to buy time for Greece is mainly servicing only the interest on the country’s debt — while the Greek economy continues to struggle.

Tell the rest of Europe to cut the crap, bail out their own banks, and LEAVE GREECE ALOOOOOONE.