stu varney of fox business varney & company has the answerses. we ve watched the economy crumble. what are the latest measures they ve done there? they re going to go into a depression. there s no question about it. they are cutting back on their economy, cutting back on government spending and in particular, cutting back on public workers and their salaries and their pensions. now, they have to do that because they re in extreme position. they ve been so generous to their public workers, that s one of the reasons why they re bankrupt. now, america is going down the same road. but we ve got a long, long way to go before we re anywhere near in the shape that greece is in now so government workers, here s what they re gonna do to their government workers, ok? they re going to lose. they re going to take away two months of government worker pay. sounds terrible, doesn t it? until you realize that they used to get 14 months pay per year. so that taking away the extra two months only for
going to do, they ll go on strike. there will be some of that, yeah. there is word that through the imf, the u.s. somehow will be bailing out greece which is an outrage. america contributes to the funds available to the international monetary fund. the imf is going to be part of the bailout of greece. therefore, some american taxpayer dollars, i don t know how much. i m told it s in the region of $6 to $7 billion will go via the imf to the greek bailout. that s chump change in today s trillion dollar talk, stu and i m being sarcastic. $10 billion used to be a lot of money. now it s a trillion. catch stu varney today on the fox business network. always good to see you. i m completely bummed out. thanks a lot. it s reality! it s a dose of reality. wake up and pay attention. i know. don t yell at stuart, he might not come back. if you re not careful, i ll be back. 25 minutes before the top of the hour on this monday. some headlines, a homicide bomber in afghanistan