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April 28, 2010

Item #2: But It Can't Happen Here

Posted by Gregory of Yardale at April 28, 2010 4:44 AM

Greece's Debt Rating has been lowered to junk bond status. Some say Greece is a forewarning of a coming debt crisis that will swamp other countries. But here in America, we don't need to worry. Ace explains why…

Greece was plagued by irresponsible spending and politicians who lied about the country's massive liabilities and a high tax rate that discouraged growth. … Greece is nothing at all like Obama's America.

See, we're fine.

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