"I guess the folks that put Greece into this mess didn't break any laws, so they get away scot-free while the general tax paying population pays the price for their failures (or personal victories)?"
The government of Greece put Greece into this situation. The government borrowed too much money and racked up too much debt. It's debt burden is so large that it cannot collect enough in taxes to cover its expenses. Since the country is in trouble, investors don't want to loan money to Greece by buying bonds. Now, why did Greece borrow so much money? One reason was that it was overly generous in setting up early retirement pensions and other benefits. Then, one third of the population of Greece works for the government. The massive protests are because no one wants to lose his pension or have it decreased and one third of the population is worried about their jobs. J - Ninety percent of politicians give the other ten percent a bad reputation. - Henry Kissinger Politicians are people who, when they see light at the end of the tunnel, go out and buy some more tunnel. - John Quinton ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:340716 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
