Friday, June 24, 2011

No UK Bailout for Greece = PM David Cameron

BBC News: Reports that the Coalition PM David Cameron has won the agreement of the EU that the UK will not bailout Greece through the EU. The UK will give money through the IMF, the second EU bailout will come to around 120 billion Euros, of that the UK will give one billion to Greece through the IMF. As to the second bailout of Greece folks, it is a mistake, this is good money down the toilet, Greece will default one way or another, the EU politicians don’t have the guts to admit that they got the Euro wrong, they would rather throw the tax payers money down the toilet than admit that the Euro does not work, when the Greek default does come and its disastrous consequences the EU politicians should hold their heads in shame, SHAME ON THE EU.

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