Sunday, January 6, 2013

What is the European plan?

I can't get over how Europe seems determined to utterly destroy itself.  They've got their own movement going on to fight back against mass foreclosures by banks who are taking lots of money from the government, but yet no clear leadership that is going to help them get out of a 25% unemployment hole.

How are Spain and Greece in particular going to improve their situations while cutting government spending so dramatically?  All this to save the fools who invested in Greek bonds while knowing how overextended they were.  Makes no sense at all to me.

Oh wait--it's entrenched power being self serving to a disgusting extent.  Business as usual everywhere.

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