Back to the illusion of globalization

[luvdovz]

Well, it's Bash-a-Country month, but how about bashing an entire continent (or at least most of it)? I know you want to. OK, let's look at what's going on in Europe. Cos Europe is so funny and fucked up, right? But seriously. In its attempts to save the Euro, the EU is logically advocating ever more strongly the idea for a tighter and closer

Comments

[allhatnocattle]

There is some (ample) doubt the bank bail-outs were a good thing. Least of all, it doesn't seem like bailing out the banks, the auto makers, etc was exactly biting the bullet... er, doing the most painful thing short term for the greatest good long term (which is what biting the bullet implies). I mean if you're going to amputate the legs to save the patient, then do it! Let the banks fail! That's biting the bullet! The patient will soon learn to live a healthy and productive life from a wheelchair.

What our governments did was let the patient keep the diseased legs and gave them powerful drugs so the patient doesn't notice how diseased his legs really are. Maybe the patient will recover. It's a gamble. But seeing how the banks are bigger (and badder) then ever and still up to financial wizardry that got them in trouble in the first place, I have my doubts.

The same goes for Europe. There's a mothering sense to save all it's children from pain and suffering. But how will Greece or any PIGSI ever learn any lesson? Europe is teaching them that they can and will be saved and then wagging a finger that this is the final last bail-out. I thought the last one was the final straw.