Violent Clashes In Greece

Police in Athens have fired tear gas to disperse demonstrators hurling petrol bombs and stones as a 24-hour general strike grips Greece.

The violence erupted during a rally by more than 30,000 angry workers near the Greek parliament. They object to the government's far-reaching budget cuts.

The strike paralysed public transport. More than 100 flights were cancelled.

Many schools are closed and hospitals have reduced services. Small businesses have joined in, closing many shops.

It is Greece's first major labour protest this year, as the government sticks to austerity cuts demanded under the terms of the country's international bail-out.

The Socialist government of Prime Minister George Papandreou is cutting spending and raising taxes to reduce its debt mountain.

www.bbc.co.uk...

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Fox.

THIS IS SPARTA!!!!


No really though, I hope this brings down the European union for the fraud that it is.

reply to post by Foxoutfoxing


Looks like the bailout of 110 billion euros Greece received has failed like so many others....

When will these people learn you can't throw money at these problems when there is no way to pay back the debt and no solutions made after the funds are received...

reply to post by majkaveli


At most I fear only that Greece would exit the union. Although with conditions of the "bailout" they may be tied in! However with everything else afoot across Europe, even hitting the wealthier members. Without radical change to the legislative system, the "union" in it's current form has a short shelf life.

Can any one say Problem, Reaction, Solution!??

it is crazy that everyone is in debt. the U.S. most of the states, most of the people, a lot of the E.U. ....what gives? who has all the money? arabs? the donald?

That's just it, the illusion of "money" can't be sustained anymore. People are going to have to revert to utilizing actual resources instead of worthless currencies.

Originally posted by BadBoYeed
it is crazy that everyone is in debt. the U.S. most of the states, most of the people, a lot of the E.U. ....what gives? who has all the money? arabs? the donald?

^^

reply to post by Hessdalen


ha...that actually makes a lot of sense. love the simpsons

reply to post by BadBoYeed


Fractional Reserve System....

noone is debt free, on the long run. short term exceptions can exist for a while, however. all money is created through debt, if you actually tried to decrease it, the money supply would vanish, plunging us into depression. of course, the interest payments aren't just to enrich a handful of people worldwide, it's there to reduce our options. in the end only reality matters.