Obama concerned about Greek debt, monitoring closely

[The Northerner]

ABOARD AIR FORCE ONE, April 28 (Reuters) - U.S. President Barack Obama is concerned about Greece's debt problems and his administration is in touch with Europe about the issue, White House spokesman Bill Burton said on Wednesday.

"This is something that is of great concern to the president and we're monitoring it very closely," Burton told reporters on Air Force One, adding that the U.S. Treasury Department and other agencies were "in close contact with folks in Europe about the issue."

German Chancellor Angela Merkel said earlier on Wednesday negotiations with Greece over a planned aid package for the country should be accelerated because the stability of the euro zone was at stake.

http://www.reuters.com/article/idUSN2812312720100428?type=hotStocksNews

[LakeSamish706]

1. I think that our own debt should be given some concern as well. n/t

[FrenchieCat]

2. I think our own debt is of concern to this President......

and in fact, he's taken action in reference to it.

[DJ13]

3. Greece seems a test case to bring 3rd world austerity programs to the 1st world

If the Greek citizens put up a fight it could spell trouble for the goals of the world's elites to slash programs solely targeted to aid the poor and middle classes.

This is a coordinated effort to continue the low tax rates on the wealthy around the world at the expense of the general populace.