On May 14-17, 2010, the secretive talking heads known as the Bilderberg Group will be meeting again. The meeting place will be in the same country that is experiencing a financial meltdown due to the overspending of its government - Greece. As a result, austerity measures including the elimination of pensions, reduction of salaries and other benefits, and the raising of taxes is causing protests and riots throughout the country. Well now, isn't that interesting! Even though I believe it was the socialist economics and policies that got Greece into such a mess, I do sympathize with the people who are being forced to accept without any say the draconian economic measures that will no doubt plunge the country (and by proxy possibly Austria, Germany, Ireland, Romania, and a few others that have invested in this countries finances) into an economic depression. In other words, the cure may kill the patient before the disease can. What's worse? With all the socialist "reforms" that President Obama and Congress are pushing through (i.e. Socialized Health Care, Cap & Trade, Fairness Doctrine, expansion of government) we will soon become something close to what Greece is (or was). Is this 1929 all over again, especially after what happened on Thursday, May 6th? Listen to this video from MSNBC where they mention the possibility of market manipulation causing the almost 1000 point drop and subsequent "miraculous" rebound.
Hang on to your hats folks (and your wallets if you can). This isn't over by a long shot. Now, the United States is proposing handing over billions to Greece as well. Hmmm . . .