Take their money, lose my vote

The 'rescue package' appears to reduce interest rates on some bonds held by hedge funds and banks, while more than making up for that 'relief' with a new EU loan which is more than the purported savings on the previous bonds. This is 'relief'? For Greece or hedge funds and banks?

...The deal in Brussels gives Greece its second financial lifeline in less than two years — a combined package of foreign loans equivalent to about €22,000 ($29,000) for every Greek citizen, children included. National debt already amounts to about €32,000 ($42,300) each....

By Steve Bertoni, Forbes Magazine, Feb. 21, 2012

[....] The man whose net worth, by Forbes’ calculations, has jumped more ($21.6 billion) during the Obama administration than any other American — Mark Zuckerberg included — wants to take the president out for economic reasons. “What scares me is the continuation of the socialist-style economy we’ve been experiencing for almost four years. That scares me because the redistribution of wealth is the path to more socialism, and to more of the government controlling people’s lives. What scares me is the lack of accountability that people would prefer to experience, just let the government take care of everything and I’ll go fish or I won’t work, etc.”

“U.S. domestic politics is very important to me because I see that the things that made this country great are now being relegated into duplicating that which is making other countries less great. … I’m afraid of the trend where more and more people have the tendency to want to be given instead of wanting to give. People are less willing to share. There are fewer philanthropists being grown and there are greater expectations of the government. I believe that people will come to their senses and not extend the current Administration’s quest to socialize this country. It won’t be a socialist democracy because it won’t be a democracy.” [....]