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17.02.2012 in ALG Videos, Media by Frank McCaffrey 5

Greece In Ruins, Can It Ruin All Of Us?

By Frank McCaffrey — Here is an illustration of what financial woes in Greece can mean for the rest of us. Hear from ALG’s Robert Romano on the domino, or should we say pillar, effect of Greece’s financial problems.

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  • 25800

    obama can take care of this with a single mandate, I was under the assumption we were taking about a lot of money here, it’s only a trillion dollars, this is chump change for the obama administration! With a stroke of his pen obama can mandate a trillion dollars without breaking a sweat, then the world will like him, instead of the USA being just almost 16 trillion in debt we will be almost 17 trillion in debt, we were heading there anyway! 

  • pduffy

    Debt is the penalty for rejecting God’s commandments. Now we must suffer the price for that debt. Wars usually break out when the debt system collapses, and it’s a plague on the earth for disobedience to the commandment, “You shall not covet”.  Covetessness leads to over-spending, which brings forth debt! And now the sin is bringing forth the death of our economy! KEEP THE COMMANDMENTS!

  • rivahmitch

    The presentation convinces me only that the US should NOT involve itself any further, nor should the northern European countries flush any more Euros down the Greek toilet.

  • Lrevalee

      It is our true policy to steer clear of entangling alliances with any portion of the foreign world. The great rule of conduct for us in regard to foreign nations is, in extending our commercial relations, to have with them as little political connection as possible. – George Washington

     
      It is our true policy to steer clear of entangling alliances with any portion of the foreign world. The great rule of conduct for us in regard to foreign nations is, in extending our commercial relations, to have with them as little political connection as possible. – George Washington
     

  • marineh2ominer

    No one appears to care about the financial state of America so why should I care about the financial state of Greece ?  It appears to me that this is ALL being guided and even controlled by those wanting a one world socialist government . The election of ANYONE but RON PAUL is assurance that we will soon be in the same situation as greece but being a much larger nation it will be much more catastrophic .  I am not sure that RON PAUL can actually fix it with the greed , laziness , and ignorance of the American citizens . But he is indeed our last best hope and can only do it with everyones backing and willing participation . FAT CHANCE !!!

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