Wednesday, February 10, 2010

German EU Tyranny Comes Home to Roost

Quoting The New York Times
(emphasis mine):
“As Europe edges toward emergency guarantees to stem market panic over one of the most profligate members of the euro bloc, the country that the region turns to for leadership, Germany, is suffering from growing doubts about the European experiment it long championed.

Reluctant German leaders now find themselves forced to help Greece remain solvent, or risk watching markets attack one weak member after the next, from Portugal to Spain to Italy, threatening the stability of the euro, the European currency Germany fought so hard to create…

Berlin has been mostly silent on the matter. That is partly to put pressure on Greece, as civil servants struck there Wednesday to oppose cutbacks that the government has promised in order to rein in its enormous budget deficit.

But a bailout will be politically awkward for Chancellor Angela Merkel’s government. It is precisely the financial millstone that opponents warned about when Germany gave up its treasured mark, a move that a majority of people here, in contrast to their political leaders, opposed at the time.
Click the image & read the rest:
Click the image & read the rest

Yep, once again the German people were smarter than their tyrannical “leaders”. Now, Germans get to witness Marxist wealth redistribution at it’s “finest”. Basically, every German taxpayer will get to subsidize the overpaid, under-worked Greek incompetents whose exorbitant salaries are provided by the monopolistic, corrupt Greek political thugs.

Watch carefully folks, because you will witness a tame version of what’s in store for us not too far down the road. Our Federal government will step in to rescue California and various other “Progressive” disasters. But, who will rescue our Federal government from its soaring deficits?

Answer - NOBODY! And, that is precisely why our circumstance will be far, far, FAR worse than the collapse of the EU. The sooner we get the current crop of tyrants OUT of Washington, the more likely we’ll be to avoid our own total collapse. But, even if we avoid a total collapse, lots of our people are going to have to suck up the fact that their EXISTING entitlement fantasies will have to die.

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