Greek socialist thugs are in a most belligerent mood. They have threatened the well being of many government officials. The Prime Minister has agreed to the firing of 15,000 or so government workers to comply with ECB demands. However this is a drop in the bucket. He also agreed to a cut of 22% in pensions and a reduction in the minimum wage. But the deal has not been signed because of threats on the lives government officials. Greece, a democracy, now ruled by thugs; they will do anything to preserve their entitlement status. We have news for them, get over it.
 
But as Greece has gone so will the U.S.A. if it continues on the Obama path. Day by day we see government inteference in the private sector including lack of respect for legislative decisions and for that matter, judicial opinions. There is no question that he must be stopped in 2012.

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Demonstrators take part in a protest rally of the Greek Communist party against new austerity measures in Athens. Photo: REUTERS

George Karatzaferis, leader of Greek far-right party LAOS said: "I will not contribute to the explosion of a revolution from destitution that will burn all of Europe."

The real problem in Greece is not one of austerity, it is one of plenty. Most Greeks believe that 30% of the people who work should support the 70% who don't. And these avowed socialists are responsible for voting for one socialist government after another. Once in office these socialists paid the voters back by giving them more entitlements. And if they stop now there will be hell to pay. That is the bottom line. We do not expect the Greek moochers to take this lying down. Past protests have turned violent, when this austerity agreement is signed we expect Athens to go up in flames.