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Politics : View from the Center and Left

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To: JohnM who wrote (174534)10/25/2011 11:24:56 AM
From: Steve Lokness   of 541480
 
<<<<His proposed solution is a European wide financial institution that would provide confidence for all that debt, that would have the effect of lowering the growing interest rates on Italian debt>>>>>

Who are we worried about in Europe? The people of Greece? ........Heck no, this is all about bailing out the banks of Europe (and maybe our own as well?) This is another example of socializing bad behavior, socializing excessive debt. It is shouldering the problem by the 99%.

What does the hole in the bucket represent John?
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