Friday, July 01, 2011

Sounds good, doesn't it?.....

But who's going to collect the taxes? Not the Greek government, They haven't collect half or so of the taxes from the last bailout, LOL!

We'll be hearing more in a few months of other European governments entering bankruptcy and needing a bailout. Ok don't think for a minute Greece wont be one of them!

The Coming Depression: Greece pulls back from the brink
By Kerin Hope and Ralph Atkins in Athens

Greece has pulled back from the brink of default and averted a broader eurozone crisis after backing sweeping austerity measures in a knife-edge parliamentary vote.

George Papandreou, Greece’s socialist prime minister, won support on Wednesday for €28bn ($40.4bn) of tax increases and spending cuts, with just one of his party’s 155 parliamentary deputies voting against the package demanded by the European Union and International Monetary Fund.

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