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Old 11-25-2011, 10:35 AM
 
3,335 posts, read 2,996,192 times
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Thought i'd pass this on, for what it's worth...
If your short on time or attention.. scroll down to Barnhardt Capital Managements reason for no longer taking investors money....

The Coming European Superstate That Germany Plans To Cram Down The Throats Of The Rest Of Europe
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Old 11-26-2011, 03:51 AM
 
Location: Los Angeles area
14,016 posts, read 20,972,147 times
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"Cram down the throats" is inflammatory and misleading language. If you came to me as an individual asking for a handout, I might well decide to put some conditions on it. Why should the German taxpayer bail out countries which have overspent for many years? The cushy early retirements and other entitlements which citizens of Greece, Italy, and other countries enjoy should have been scaled back years ago. This is the basic flaw of democracy: People vote themselves unsustainable goodies, or to put it another way, politicians pander to people's selfishness in order to get elected. Eventually it's time to pay the piper, and it's painful. If other Eurozone countries do not want the "coming European superstate", fine. Let them do without the German handout.
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