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Financial Intrigue in Greece: Should We Care?

By ADF Alliance Alert

Mark W. Hendrickson writes at the Grove City College Center for Vision and Values: "Should Americans care about all this? Not long ago, the euro was being touted as a possible competitor with the dollar for global foreign currency reserves. Not today. But if you are tempted to gloat, here are two reasons why you shouldn?t: 1) We Americans have become a significant player in the stop-gap Greek bailout. That is because the IMF has been like the cavalry riding to the rescue, promising big bucks to the Greek government. Since the largest contributions to the IMF come from the American taxpayer, we find ourselves once again picking up the tab for a bailout?this time, not for rich American financiers, but for corrupt and profligate foreign governments and special interest groups . . . "

Full post as published by Constitutionally Correct on May 03, 2010 (boomark / email).