Are Greece & Italy just bad examples of what redistribution of wealth, spending, & entitlement programs do?

They're PERFECT examples of what happens when you turn a liberal loose in government. America will survive the stupidity, inexperience and ineptitude of Obama. The question is, can we survive the stupidity of the people who put into office a man with an absolutely blank resume?

No they are a good example of why it's important not to do away with your own currency.. just like Argentina found out when they were forced to peg their currency to the US dollar by the IMF!

Huh. Seems to work for China!

Greece wouldn't have a problem if it hadn't had a deficit before the crash.

Yes, but apparently Obama believes that bailing out failed countries with labor riots is the right thing to do.

Also Portugal.

They are classic examples of European-style, socialist governments that the liberals want for us.

and California

They were doing alright untill Wall Street shafted them.

http://www.alternet.org/economy/145884/how_the_mon...

No, they're bad examples of what tax cuts, stupid repukes, banksters, and military spending do.