“Screwed”: We will eventually be Greece if we don’t change our path

Why in the world would any American politician think they can help figure out the financial crisis overwhelming Greece and the European Union? After all, many of the problems in Greece echo those in America. And yet, President Obama inserted himself into the bailout talks. What kind of solutions could he really offer? Stu broke down the parallels between Greece and America on TV last night, and warned America to wake up before we end up in the same place as Greece

STU: Glenn has been going on and on about Greece for at least as long as I can remember. It’s one of his most passionate topics, I’d say. Finally, these morons are reaping what they sowed. Could these people be any dumber? I mean, beyond their own resources they’ve been spending, borrowing money, they had no earthly way of paying back, and increasing government handouts even after it became clear that they were crippling the country.

Greece owes various creditors about $271 billion, with Germany being the largest. So, how did they get into this mess? There are a few culprits, many of which are cited in the book Boomerang by Michael Lewis. They pay government officials almost three times as much as the average private-sector job.

An example of this overspending can be found in the national railroad. It pulls down about €100 million a year. It seems like a pretty good business, but they have to pay out about 400 million in payroll, plus another 300 million in other expenses. The average salary for a railroad employee, €65,000 a year about, 71,000 bucks. As one businessman pointed out, it would actually be cheaper for the government to scrap the railroad altogether and just pay for every Greek citizen to take cabs.

Public schools, Greece’s are among the lowest ranked in all of Europe, yet they have four times as many teachers per pupil than the rest of the best schools, which, by the way, the number one is Finland, and they’re four times as much. The school system is so bad that Greeks typically pay for tutors so that their kids actually get some learning done.

Greece is plagued with phony job creation programs such as 270 people that were paid to digitize the photographs of Greek public lands—sounds wonderful. The problem is they didn’t hire anyone with any digital photography experience at all, nobody.

The retirement age in Greece is insanely young, 55 for men and 50 for women. Wow, I thought Europe was so progressive. What is up with all that sexism there? This is at the heart of Greece’s struggles. This early retirement goes not just for police officers and firefighters, but anyone with an “arduous job,” that is including hairdressers and radio announcers. Maybe Glenn should move to Greece. He is approaching 55. Musicians even, everybody basically. So many people are retiring young and living longer, the austerity payouts are ballooning.

Government healthcare is wildly inefficient in Greece. Before the crisis, it was really just a mess. Citizens had to give medical staff cash gifts in order to make sure they’d get good treatment. While all this was going on, while everyone dipped their grimy fingers into the government pot, no one was counting how much was going in, nor how much was going out. By the time someone decided to take a breather from the spending orgy, the damage was irreparable. The debt to GDP ratio had expanded to a devastating 177%.

Greece’s unfunded liabilities are 875% of GDP. Federal spending in Greece is close to 50% of GDP. Even with all this information, people still went to the polls and voted against cuts in spending. Liberal outlets applauded the vote, referring to austerity cuts as harsh. People in Greece, of course, rejoiced at the news of the vote. I think it was 61-38 or something like that. They were happy to get another far left government to keep higher taxes, spending, and handouts in place.

What’s going to be harsh is when the day of economic reckoning arrives and they realize they really couldn’t afford any of this. This is how you destroy a country, not save it.

Here’s the best part about Greece, Pres. Barack Obama has inserted himself into the bailout talks. I can’t wait for this. Barack Obama is trying to give Greece financial advice. Pot, meet kettle. Kettle, meet pot.

Let’s go back through that list of things that helped destroy Greece again. This is going to be fun. Federal workers in Greece earn more than private citizens. Well, US federal workers earn 37% more than private-sector employees. Greece has an unprofitable state rail system. Amtrak loses over $1.4 billion every year. The biggest waste is being in the 15 little-traveled routes that cost $600 million to keep operational for no freaking reason at all.

Greece overspends on education despite failing schools. Well, the US Department of Education is $77.4 billion and increasing every single year, despite the fact that we rank 17th in the world in education. Greece has all those phony job programs. Could I remind you of the stimulus? That cost American taxpayers at least $278,000 per job with some estimates having that well over $1 million per job.

Greece’s retirement age is far too young, 55. America’s is 65. That’s a little better, but it hasn’t been changed since Social Security was invented. Even the life expectancies have dramatically improved. Greece’s government healthcare is crippling the nation. ObamaCare—I don’t think I need to go any further than that, but as you know, it’s already a mess. It’s costing us a fortune. It couldn’t even get the freaking website right to sign up to pay for it.

Greece’s debt is 177% of GDP. We’re at 101%, so we’re close. It’s worse though than France and Spain, and Spain is dealing with a 25% unemployment rate. Unfunded liabilities in Greece, 875% of GDP. In the US, it’s $90 trillion or about 500% of our GDP—not quite as bad as Greece but still terrible.

Federal spending in Greece, about 50% of GDP. America, it’s only 20.5, so we’re doing great there, and when factoring in state and local governments, of course, it’s more like 35 and is projected to rapidly rise. The economic disaster playing out in Greece is the American story in the short-term future. Our situation is not as bad as Greece’s, but we’re on the same trajectory. We will eventually get there if we keep making the same fatal mistakes as viewing austerity as harsh.

It may be harsh at times. There’s tough choices to come, but it’s necessary, and if someone in the room doesn’t have the courage to step away from the spending orgy and count the debits and credits, we’re all screwed.

Fox News senior meteorologist Janice Dean is perhaps even more disgusted with New York Gov. Andrew Cuomo (D) for his coronavirus response than BlazeTV's Stu Burguiere (read what Stu has to say on the subject here), and for a good reason.

She lost both of her in-laws to COVID-19 in New York's nursing homes after Gov. Cuomo's infamous nursing home mandate, which Cuomo has since had scrubbed from the state's website and blamed everyone from the New York Post to nursing care workers to (every leftist's favorite scapegoat) President Donald Trump.

Janice joined Glenn and Stu on the "Glenn Beck Radio Program" Tuesday to ask why mainstream media is not holding Gov. Cuomo — who recently published a book about his leadership during the COVID-19 pandemic — accountable?

"I'm vocal because I have not seen the mainstream media ask these questions or demand accountability of their leaders. [Cuomo] really has been ruling with an iron fist, and every time he does get asked a question, he blames everybody else except the person that signed that order," Janice said.

"In my mind, he's profiting off the over 30 thousand New Yorkers, including my in-laws, that died by publishing a book on 'leadership' of New York," she added. "His order has helped kill thousands of relatives of New York state. And this is not political, Glenn. This is not about Republican or Democrat. My in-laws were registered Democrats. This is not about politics. This is about accountability for something that went wrong, and it's because of your [Cuomo's] leadership that we're put into this situation."

Watch the video excerpt from the show below:

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As America grows divided and afraid to disagree with the Democrats' woke plan for America, Megyn Kelly is ready to fight back for the truth. For nearly two decades, she navigated the volatile and broken world of the media. But as America leans on independent voices more than ever, she's breaking new ground with "The Megyn Kelly Show."

She joined the latest Glenn Beck Podcast to break down what's coming next after the election: Black Lives Matter is mainstream, leftists are making lists of Trump supporters, and the Hunter Biden scandal is on the back burner.

Megyn and Glenn reminisce about their cable news days (including her infamous run-in with then-presidential candidate Donald Trump) and to look into the chaotic and shady world of journalism and the growing entitlement it's bred. For example, many conservatives have been shocked by how Fox News handled the election.

Megyn defended Fox News, saying she believes Fox News' mission "is a good one," but also didn't hold back on hosts like Neil Cavuto, who cut off a White House briefing to fact check it — something she never would have done, even while covering President Obama.

Megyn also shared this insightful takeaway from her time at NBC: "Jane Fonda was an ass."

Watch the full podcast here:

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Glenn Beck has had enough of exposing scandal after scandal, just to have everyone look the other way: Benghazi, Hillary Clinton's emails, Joe and Hunter Biden's dealings in Ukraine and China … the list goes on, but no consequences are paid. Now, the media have called the election for Joe Biden and insist no one can question it. But for many of the more than 71 million people who voted for President Trump, our search for the truth isn't over yet.

On his Wednesday night special this week, Glenn called out the left's long list of alleged corruption that has gone unchecked and stressed that Donald Trump's legal team must be allowed to go through the process of investigating the multiple allegations of election fraud to ensure our voting systems are fair.

"I don't know about you, but I'm tired. I am worn out. I am fed up!" Glenn said during his opening monologue. "I've had enough. I am tired of exposing corruption, doing our homework, even going overseas and having documents translated to make sure they're exactly right, [and] presenting the evidence ... except, once we expose it, nothing happens. Nobody goes to jail. Nobody pays for a damn thing any more!"

Watch the short video clip from the full show below:


Because the content of this show is sure to set off the Big Tech censors, the full episode is only be available on BlazeTV. The election and its aftermath are the most important stories in America, so we're offering our most timely discount ever: $30 off a one-year subscription to BlazeTV with code "GLENN."

While the mainstream media has called the election for Joe Biden, Glenn gives a rallying cry to conservatives. Many of the over 71 million people who voted for President Trump are split between frustration and an urge to do something. The multiple allegations of election fraud are largely out of our hands, and Donald Trump's legal team must be allowed to go through the process to ensure our voting systems are fair.

But that doesn't mean we have to sit on our hands. There is an urgent need to focus on the ongoing Senate races. Glenn has warned us of the Left's radical plans should they sweep this election, and the wolves are already descending on Georgia.

On his Wednesday night special, Glenn reveals the desperate measures they're taking to win two Georgia runoff races in January and claim the Senate. Senator Mike Lee joins to warn what will happen to the country if Chuck Schumer becomes Senate majority leader and why we must have a transparent process so that Americans can trust the final count.

Later, Glenn reveals a new project for Americans who are not ready to roll over and let the Marxists win the battle for our country.

Watch a video clip from tonight's show below:

WATCH the full special on BlazeTV. The election and its aftermath are the most important stories in America. That's why we're offering our most timely discount ever: $30 off a one-year subscription to BlazeTV with code "GLENN." With BlazeTV, you get the unvarnished truth from the most pro-America network in the country, free from Big Tech and MSM censors.