Wednesday, May 04, 2011

The High Cost of Linguica

The European Union and the International Monetary Fund (IMF) have agreed to bail out the Portuguese economy to the tune of some $116 billion. See: Portugal Bailout  This is after the fact that these same parties had bailed out (with almost equally large largess) Greece and Ireland last year.  Now, seeing that the U.S. Federal Reserve Bank in large part back in 2008-2009, bailed out the major European banks (see Bernanke's Secret) and that the United States is a major contributor to the IMF (See: U.S and the IMF), it seems that the United States is once again handing our (over-extended) credit card to the rest of the world. 

Not only is the United States expected to pay the very high cost of defending the free world, but now, it seems, we must pick up the tab for their profligate social-engineering policies too.  Enough!

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