The views expressed in any article published in this blog are the author's own and do not necessarily reflect the views of Joseph Foster or Bob Lupoli.

Thursday, February 16, 2012

Joseph Foster: The Greek Disaster a Russian Revolution?


Joseph Foster, Author ‘’Seeing Red’’ ‘How America is losing the future’
My blog Stand Up For America! – Seeing Red; http://boblupoli.blogspot.com/

Bob: my response to the Greek disaster;

The Greek financial disaster has sent shock waves around the world. Massive debt by irresponsible politicians has brought a disaster that may engulf many more western countries including the USA. The current Government will lose the election and be replaced by a socialist Government that will throw away all of the suggestion made by the World Bank and others to make the correction as to the Greek massive red ink.

There is an election scheduled in April 2012 and those politicians that supported the austerity measures may be defeated, the new breed of politicians will ignore all financial sound advice and embark on an extreme socialist agenda, such as let’s get the money from the rich and strip them of their wealth. The extreme scenario occurred in the 1917 Russian revolution when all of the Russian wealthy were stripped from their wealth, Landlords were executed. That scenario caused Russia to adopt communism. The western world politicians and Bankers that have resorted to gambling Las Vegas style has brought upon the western world a financial disaster that when it begins to unfold will make the 1929 depression look like prosperity.

We are all shocked that desperate people that are losing their jobs have resorted to committing suicide, how on earth could a person in Greece find a job when the unemployment rate is 20%?

In my book I developed an economic concept titled ‘’Fostersim’’ it cures massive unemployment and continue to embrace capitalism; In time economist from around the world will begin to search for a new economic approach to cure poverty and massive UN employment. The urgency is now and not tomorrow.

My greatest fear is that if things get worse we may be faced to a revival of the concept of communism an undesirable economic system.
            
Joseph Foster, Author ‘’Seeing Red’’ ‘How America is losing the future’
My blog Stand Up For America! – Seeing Red; http://boblupoli.blogspot.com/

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