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To: elmatador who wrote (74679)5/30/2011 4:44:48 AM
From: clochard1 Recommendation  Respond to of 217862
 
The real criminals are the predatory lenders who lent the PIGS too much of everybody's money. The EU is a mistake and should be scaled down to its basic form. Every institution / country / bank which gets large will end up costing everyone and benefit only insiders. We need to start to mitigate problems which are happening without waiting for the actual systemic collapse. Why are existing laws and rules which address the risks simply ignored by the resposible bodies? Thats the weakness of big government, which allow insiders to build value chains for themselves.