Let us start first with the Greeks, who lied their way into the EU (with the help Goldman Sachs' financial engineers). The ridiculous pay and vacation structure, the absurdly generous pension plan, the excessive spending by Athens. They are a nation that can honestly be described as tax scofflaws. Yes, Greece is a mess.
Which begs the question: WHO THE FUCK WOULD LEND A DIME TO THESE PEOPLE?
Good question, Barry.
Now, then. When the US taxpayer--through the IMF--"contributes" to the "bailout of Greece", in fact, we will be bailing out the banks who LENT to Greece.
IOW, it's TARP redux.
Don't you feel better already?
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