I just spent the last few weeks in France, watching the local Progressive politicians argue over who should pay for what failure.
I was stunned by a report in the International Tribune that described Germany’s dilemma:  Thrifty German citizens are being asked to bailed out profligate spending Greeks … or bailout the German banks that invested in Greek bonds.
What about a third option?  LET THEM FAIL AND LET THE BANKS AND THE GREEKS PAY FOR THE DECISIONS THEY MADE?
This bailout mentality has gripped the (once) civilized world.  I’m depressed about the future and I am personally look for ways to protect myself from the insanity going on.
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pablo on 05.06.2010
good point.. but… sorry what does bailing out banks have to do with socialism?
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mbcoop on 05.09.2010
When any government decides the top officials are smarter than the free market system, then it certainly is not capitalism, or a free market .. then what is it?
Bruce on 05.19.2010
When any government decides the top officials are smarter than the free market system, then it certainly is not capitalism, or a free market .. then what is it?
Emily on 05.31.2010
When any government decides the top officials are smarter than the free market system, then it certainly is not capitalism, or a free market .. then what is it?