By Greg Hunter’s USAWatchdog.com I keep asking myself, when is a deal not a deal?
"Let’s be frank here, Greece is going to default. In the end, it will be the best choice–not for the bankers but for the people. The bailout is really more debt put on the backs of the Greeks to help the bankers who made very bad loans. You want to see what I call a true headline that tells the real story? It comes from Graham Summers of Phoenix Capital. It says, “Greece Is Not Lehman 2.0 as I’ll Show You, Its Far Far Worse.” Now, that’s a headline you will not see on the mainstream media, but in this case, it’s probably a much better analysis of what is really going on. Summers says, “In plain terms, Greece racked up too big of a tab and simply doesn’t have the means of paying it. End of story. The world needs to realize this. Because Greece will default and it will default in a big way.”"