Apparently, the only prescription the Times is capable of touting is more spending. Let's get this straight - Germany managed it's financial situation better than the rest of the EURO idiots (Greece, Spain, Portugal, etc.), but now it's Germany's fault - for not making them stop earlier?
How exactly was that supposed to happen. The enforcement arm of the European union was toothless, and that's not Germany's fault. Why should Germany have to bail out the profligate nations who allowed public unions to build a totally unrealistic wage/benefit structure?
Of course, the same could be said for US bailouts. The answer, as always is that Germany, and the U.S., are run by morons.
Thursday, May 27, 2010
Screw Timothy Geithner
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