Is Obama stirring up the hornets nest, or sincerely trying to resolve the debt/budget crisis?

You're blaming the wrong philosophy. Greece was so in debt that they didn’t qualify to join the EU. So Goldman Sachs took Greece’s debt off the books, and put it on their own books.

They charged Greece a huge fortune for it, leaving Greece more in debt and holding a bunch of junk stuff that had been issued by New York banks that blew up in the big bank blow up of 2007. Papandreou was their Prime Minister and he wanted to take a vote like they did in Iceland on whether or not to pay back the banksters. So they got rid of him and replaced him with Papademos, who used to be Vice President of the Central Bank (!).

Greece has some structural problems and the biggest is that the very rich don’t pay their fair share of taxes. They hide their money offshore. Is the same thing happening in the United States?

Yes. According to the CBO, corporations are showing more profits than they have in 40-50 years, and are actually above their pre-bust levels. But corporate revenues coming into the treasury are at a 40 year low.

Why? Things like what Mitt Romney did, stashing their money in the Cayman Islands and elsewhere to dodge paying taxes on it. The US loses more than $90Billion a year, according to the CBO, from rich folks and big corporations using tax loopholes.

The amount of money we lose from tax dodging is more than we spend educating our entire next generation. You can’t cut your way to prosperity. We have 24 states that have raised taxes, increased spending, and seen their revenues go up and their unemployment decline.

Things have gotten worse in the red states, and better in the blue states. So much better that they’re dragging the whole country up. The following countries did the austerity thing of slashing government, cutting spending, firing government workers, cutting social programs, and pushing everything toward private ownership – the same advice the Republicans want us to follow.

This is the same thing IMF imposed on Chile, Argentina and Mexico in the ‘80s, and they all went bankrupt. How’s that working for Europe right now? - Spain’s debt-to-GDP ratio was 36%.

They took an austerity path and now they’re approaching 84%. - Italy was at 105%, and after 2.5 years of austerity they are at 126%. - Greece was a little over 100%; they’re at 160% now.

Their economy shrank 6.8% last year and is at 7% this year. - Portugal was at 107% but is now at 118%. Their economy shrank by 1.5% last year and is expected to contract by 3% this year.

Things are getting worse for every country that’s doing what the Republicans want us to do. Without growth, reducing debt levels becomes nearly impossible.

I'd say we already have a higher DEBT to GDP then Greece if we weren't using bogus numbers. Like $6 trillion in fannie/freddie debt, $3 trillion in state debt, etc..etc..etc. I'd say we're somewhere between Greece and Zimbabwe. And at some point economics play out and the entire row of dominos collapses.

Say california gets downgraded? Or cant pay its obligations? One domino.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.