Tuesday, March 8, 2011

Post from greshambouma at CHUMLY

Even in Europe tax payers are fed up with being punished for other people's irresponsibility. We are several years into a worldwide credit default crisis, and all the pain has been transfered from the guilty parties to the public through the political process. Instead of chipping the ice off the rigging of this top heavy ship, we just keep adding to it like it's flotation. You gotta wonder if there is a wave on the way.

Caught in the Euro Trap: Internal Opposition Grows to Further Bailout Measures - SPIEGEL ONLINE - News - International: www.spiegel.de/international/business/0,1518,74940....html
http://chum.ly/n/745298

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