Peter's Viewpoint

Over the years that I have lived in the oldest country of Europe, I have seen the two major political parties that formed the government change like a European football match.

The people of Greece have been used like the ball being kicked from side to side and played by the governments for their vote through the promise of guaranteed jobs in the government sector.

The current fiscal fiasco is the result of these governments abusing power and promoting corruption upon the people with results that would be unbelievable if a story was written for a movie.  Now once again, the government of Greece seeks to be saved by its own people and maybe even that of the people of Europe.

It’s not like other European nations or America are without corruption but when a country that has been corrupt seeks salvation from its own people instead of saving itself, then correcting the system with the money from those people is a slap in the face to everyone in the nation.
Another obvious and extreme example of government failure is that of Haiti.

I think that the Greek government might want to consider the following quote by Thomas Jefferson as a starting place to redeem itself and restore the historical reputation and recognition that Greece had.

A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government.

There are many possibilities to bankruptcy both positive and negative with just as many to being unproductive but nations should bear in mind that humanity does not tolerate ineffective recipients of generosity.