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Debtocracy - Greece
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Thread: Debtocracy - Greece
- 06-22-2011, 04:24 AM #1Windy City ELITE MEMBER
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Debtocracy - Greece
It starts in earnest after 4 mintues. Might be worth a gander to some.
It's an accurate statement that our current spending will not be increasing the debt We've stopped spending money that we don't have.
-- Jack Lew, then director of the Office of Management and Budget, in Feb. 16, 2011 testimony before the Senate Budget Committee.
- 06-22-2011, 07:37 AM #2Registered Abuser
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- 06-22-2011, 09:49 AM #3Windy City ELITE MEMBER
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Check out Odious Debt at about 33 minutes for starters.
Remember, this is long....so you can skip around.
The comparison to Argentina is also noted and what the IMF did....very similar to Greece, but I'm not blaming any entity.It's an accurate statement that our current spending will not be increasing the debt We've stopped spending money that we don't have.
-- Jack Lew, then director of the Office of Management and Budget, in Feb. 16, 2011 testimony before the Senate Budget Committee.
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