Greece Adopts Austerity Measures

The Greek Parliament voted to implement austerity spending cuts in an attempt to stem the country’s spiral into economic disaster. As the government voted on the measure thousands of unhappy Greeks rioted in the streets of Athens, mainly just to have something to do since unemployment there is running at around 99%.

Minnesota Closes Due To Budget Impasse

Minnesota Democrats and Republicans debate the effect of their budget impasse.

The State of Minnesota closed-down after state lawmakers failed to resolve a budget impasse. Democrats want to cut the state’s $3.6 billion deficit by raising taxes, while Republicans want to cut spending. The budget deadline passed and the new fiscal year began with no resolution, throwing 20,000 state employees out of work and closing almost all state facilities.

Only Minnesota transport workers were on the job, placing large “Closed – turn around and go back where you came from” signs on all roads crossing the state border.