We’re All Greeks Now
By: Craig Chamberlain
For a culture that invented Democracy, that gave us some of the greatest philosophical, and scientific minds of the ancient world(they’re too many to count here, but just try to think of an intellectual field in the western world not touched by the Greeks) and their shaping of Christianity(think of all the theologians and church fathers) they have fallen on hard times.
Long gone are the days of Plato, Aristotle, Demosthenes, Phocion, and Archimedes. The austerity of Lycurgus has been replaced by a lazy sense of entitlement supported by a vast welfare state that they could never afford.
As Margaret Thatcher so wisely said “the problem with socialism is you run out of other people’s money” and the Greeks have definitely run out. Desperate to avoid bankruptcy, the Greeks needed to secure a one trillion, yes, that’s trillion, dollar bailout. In exchange, Greece had to agree to cut spending and raise taxes, a measure that provoked deadly riots throughout the country that were fueled by the public employee unions who can’t stand the thought of working past 53. You know Europe is finished when terrorist attacks by Islamic terrorists, and threats to their way of life and their democracies by those same Muslims don’t stir them to action, but some modest changes to their welfare sate gets their blood stirring.
But, sadly, the problem is not confined to Greece. The collapse of a rather small economy in Greece would have, historically, not been a cause of great concern. But the Greek disease is contagious. While globalization has normally created prosperity, it has interconnected the economies of the world to such an extent that what effects one has the potential to effect all.
The same sense of entitlement, fueled by the socialist agenda, is not confined to Greece but can be found throughout all of Europe. Italy, France, Spain, Portugal, and Great Britain are all suffering from the same problem. They paid for their entitlements by robbing Peter to pay Paul. Peter can’t pay anymore, but Paul is going to be very angry if the money stops coming.
Does this mean that Europe is about to wake up, see the economic reality, and drop socialism? Not likely. The European people have been raised on socialism to such an extent that they are like babies born to drug addicts. They’re addicted and they won’t know what to do if deprived of their opiates.
So instead of weaning themselves off their drug and go clean they’re going to find a new Peter to rob. And considering we have a socialist government that wants to bring the European experiment to these shores the spoiled brats of Europe are going to find a willing enabler in Washington. The United States taxpayer will be the new cash cow expected to keep the Europeans retiring way to early, keeping them sheltered in free housing, paying them pensions they never could have earned working in the ridiculously short time they work, and giving their spoiled entitled children free university educations.
The American taxpayer, through the IMF, paid a large part of the bill to keep Greece afloat. It won’t work, as it is only a temporary measure. Only a complete break with socialism would give them a shot at survival and they’re not going to do that. Greece will collapse, and soon other EU countries will find themselves unable to pay their bills.
Where does this leave us? Do we bail out all of Europe when the need it(and they will) and who bails us out when the stimulus bill, TARP, Obamacare, and a revved up welfare state go belly up? Regular people know you can’t borrow your way through life, and you can’t get something for nothing, it’s too bad that the elites in government couldn’t figure that out.