>>Now that the centralized Euro rules have been ignored by most participating nations and the Euro monetary unit is on the brink of collapse, what will the good little statists of Europe propose as a solution? Whoever said more centralized control, more rules that participating nations will ignore and of course more taxation is the winner. ;)
>
>
>Weeellll, actually this is better than I had expected.
>This comes on the assumption, that the best course would have been in 2010
>to let Greece and probably Ireland default, but is something not possible to politicians.

The best course would've been to listen to rational people and not crowbar a single monetary unit onto multiple countries with varying degrees of fiscal soundness.

>Arguing with gravity might be more fun...

While lady gravity always wins, I do enjoy the discourse through sport & recreation. ;)

>The alternatives of ever widening umbrella[s] or
>Eurobonds to eliminate all restraint from the currently aching countries
>were even worse.
>
>>Predictible, laughable, insanity!
>
>Part of the job...
>
>>Psssst...Eurozone members, you're about to let Germany and France take over the continent. Only this time, they won't have to fire a shot. Everything old is new again.
>
>??? Panem et circenses will come to the northern countries via
>special eu voting systems,
>peer pressure from the "group" of smaller countries gov's
>bureocratic inertia and the tendency to grow.
>"Take over" in my book relates to being in control/having the *deciding* vote.
>Not a characteristic I see in the future eu monetary deciding process for paying countries.

Golden Rule "He who has the gold makes the rules". Germany and France supply the bailouts.

>And the US at the moment is not really a much better place
>when measured by fiscal responsibility ;-)

Now, now, pointing to others bad behavior is no way to justify one's own. ;)

>>For extra credit: Now that trillions in stimulus, massive bailouts, government takeovers, multiple 2000+page statist laws, QE1, QE2 and 0% interest rates have strangled the US economy and put us on a path in eerily similar historical line with the Great Depression, what will the proposed solutions from Obama include? Once he's finished his vacation of course. ;)
>>
>>Extra credit : How about the FED?
>>Hint: My answer is in message# 1520249