When historians speak glowingly about the grandeur of the Greeks and of a desire to emulate them, it is more than likely they are talking about Ancient Greece. However, a quick look at the U.S. government’s current leadership, and it would seem they are trying to emulate the Greeks of the last decade, who faced a sovereign debt crisis that crippled their economy. They are heavily resistant to any spending reductions and are running up massive deficits that will eventually circle around to hurt us in the future.

The great classical Roman poet Publius Vergilius Maro, better known simply as Virgil, said “do not trust the horse, Trojans. Whatever it is, I fear the Greeks even when they bring gifts.” While Virgil was referring to the sly and cunning nature of the Ancient Greeks, these potent human faculties failed to manifest when Greece allowed its own Trojan horse to penetrate its boundaries 30 years ago, that of course being socialism.

Over the past three years, President Obama has spent billions of dollars bailing out big banks, insurance giants and auto companies. These massive programs have not only cost American taxpayers dearly, but have sent the message that in the future poorly-run companies will be rescued from their failures. But that’s only the beginning—now Obama wants to bailout failing countries. Using the International Monetary Fund (IMF), Obama plans to put American taxpayers on the hook for a second 145 billion dollar rescue package for Greece.