It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Greece has been living beyond its means since even before it joined the euro. After it adopted the euro, public spending soared and public sector wages practically doubled. However, while money has flowed out of the government's coffers, its income has been hit by widespread tax evasion. When the global financial downturn hit, Greece was ill-prepared to cope. It was given 110bn euros of bailout loans in May 2010 to help it get through the crisis - and then in July 2011 it was earmarked to receive another 109bn euros. But that still was not considered enough. And so, in October 2011, the eurozone asked banks to agree to a 50% "haircut" on their Greek holdings, alongside an enhanced 130bn-euro bailout. Since then, the economic situation in Greece has deteriorated further and the new deal involves an even bigger debt write-off than previously consented to by the banks.
Originally posted by maestromason
reply to post by HeywoodFloyd
You are 100% correct! In the history of the U.S. government there has not been one entity that has been created by it that has been permanently decommissioned. It seems that once the U.S. government creates an entity it is eternal.
The FED isn't going anywhere and thus the charter will be renewed in 2013. You can rest assure that the future president will be backing up the renewal of the FED's charter per his given agenda.
LOL I stopped watching after he said "This is called a death spiral and its happening in every country in the world".
Then I guess hes never heard of Australia, we are the only western nation that is going to survive the years to come.edit on 25-2-2012 by Jace26 because: (no reason given)
Originally posted by googolplex
If the Nazi's come to America
Originally posted by Realtruth
Rehash Rehash Rehash of other free videos online, except this idiot wants you to buy his video.
Hypocrite capturing the market by marketing fear, in a calm demeanor.
How many of us ATS'er's have already heard this story a hundred times, by other people the past 5 or 6 years? Raise your hands.
edit on 25-2-2012 by Realtruth because: (no reason given)
Originally posted by Jace26
reply to post by MRuss
LOL I stopped watching after he said "This is called a death spiral and its happening in every country in the world".
Then I guess hes never heard of Australia, we are the only western nation that is going to survive the years to come.edit on 25-2-2012 by Jace26 because: (no reason given)
Originally posted by jonthedit
Why is everyone here so against the NWO?
Honestly, IMO it would greatly improve America and the world in general.
I'd love to live in a one world government, without families to worry about, without those crazy people talking about all their religions, and of course, to have the ability to feel perfection.