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Yes, I'll admit that title is a little hard-hitting and in your face, but what better way to get the point across. Now then, you are going to want my explanation for such a harsh reality type statement like that, and I believe you are justified in your inquiry, so, let's get right into the meat of this debate, and then you can contemplate on this argument, whether you agree or disagree is immaterial, my objective is purely to get you to think about it all.
Now then, if you will recall Greece is world of financial hurt, mostly due to their over expenditures on socialist type government give-aways, and rather than going to austerity measures to re-align themselves with the rest of Europe, they elected a more left-leaning socialist leader. What did France do? Well, they are not without their own challenges although far better off than the PIIGS - Portugal, Italy, Spain, Greece, and Ireland. But what did France do, well, they too voted in a more left leaning President recently.
All these left-leaning socialist methods are what has caused all these problems, and rather than fixing them, they decide to add more fuel to that fire and dig a bigger hole, rather than digging their way out of the one they'd created. If the ECB becomes an entity with the same power as the Federal Reserve and attempts to borrow its way out of things without changing this socialist mindset, it only will blow the balloon up bigger for one less hoorah before the big pop and implosion in the years ahead.
Worse, in the meantime it gives other nations a model to follow, and they too will reach the same potential eventuality and drive off a similar future cliff. And, let's not forget our own nation's problems, isn't our current leadership also following socialist theory and borrowing so many bad economic habits from Europe already? If the governments of the world become the parents and nannies of their citizenry, then what happens when the parents can no longer provide.
Perhaps you will recall when you were young and your parents took care of you? You didn't have that much freedom, and you always wanted more, but those were the rules right? Well, if the government is your new parents and you live as a socialist subject then you will not have any freedom or liberty, and then may I ask what you intend on doing when your parents lose their home, and leave you all alone? Freedom and Liberty come with responsibility my friends.
Of course, I am utterly amazed that the US voters would elect a regime that promised them such a socialist dream, something that goes against everything this great nation stands for. It's time to understand that socialism does not work, and maybe it is time for the European Union's experiment to fail before other nations follow it into the same abyss. Mexico is about to elect a left-leaning socialist, and many nations in South America already have. History shows this to be unwise, and it will surely cause those economies an early demise.
We as Americans know better, or at least most of us used too, today, it appears that the majority may not know better - nevertheless, maybe it's time that everyone see the light. It might be much better off for the future of mankind, for freedom and liberty worldwide, if the EU simply fall apart and those nations which are less socialistic are allowed to succeed on their own accord and those which aren't are allowed to pay for their foolhardy mistakes, then we might see a rebirth of freedom and liberty, yes, with responsibility, as that is the nature of things on this planet, it's always been that way, no matter what a politician might say.
Please consider all this and think on it.
Lance Winslow has launched a new provocative series of eBooks on Economics and Politics. Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank; http://www.worldthinktank.net/
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