"The European dynamic is different because there the states that make up the EU negotiate with each other directly rather through the opaque proxy of Washington. If New York and California had a choice as to whether to give Louisiana, Missouri and Arkansas an endless series of financial piggyback rides, they would tell them to go ask Jesus for a loan, and then these three states would be worse off than Greece." ~Dmitry Orlov
In the Name of Austerity, Stimulus and Growth, Amen!