Stocks Slide as European Crisis Grows Deeper

Germany is like the father that worked and saved, Greece and Italy are like his drunk deadbeat children squandering the estate... Time for a good old fashion intervention. I say Germany should kick them out and not talk to them until they are clean and sober. Protect their people.

vote no and kick greece and italy out of the euro. then the markets will rocket higher as greece and italy collapse. the germans can buy all the greek islands, sicily and sardinia to help stablize the new drachma and lira. haaaahahaha

To all German voters: stop bailing out the deadbeats and return to the Deutsch Mark !!

What happens to all the eastern european emigrants to western europe? Do they all get sent home?

Eu zone is paper thin...The idea of uniting European state nations is sound only when each and all states behave responsibly...So far, several of them acting as if it is their rights to ask for bail-outs and bail-outs...So,
the future does not look sound and bright!!

And after the EU circles the bowl, the virtual North American union of USA, Mexico and Canada will set the stage for a good flush also. Ironically, Canada got the best of the deal the last 15 years, but not for much longer.

Even this NA virtual union will go down the crapper, and it will be back to the way it use to be : Every Country For Itself.

I can see it coming now .... R.I.P. Globalism ... sometime 2015 when it's Dog-Eat-Dog out there.

Stop invoking Hitler. Hitler wanted to annex the lands to the east of Germany and kill the people living there, enslaving a few. To that effect he invaded Poland, to reclaim a lot of old Prussia. England and France then decided to declare war, forcing Hitler to win the western war first. There's no guarantee that Hitler would've ever threatened them if they had stood around picking their noses while he foolishly engaged the USSR. There was no reason for them (UK and France, especially France) to have fought so poorly, getting their armies encircled and essentially collapsing with as little resistance as they could muster. Please learn actual history, not simple minded reactionary history that constantly reverts any argument or occurrence to Nazi Germany and/or Hitler. If anything, modern Germany is too pacifist and too inactive, as evidenced by the fact they are not racing to bail out the EU even when its collapse will render their export driven economy completely ineffective.

Wish we could have a referendum on the Fed. A lot of the "stuff" hanging on the Fed's balance sheet is worthless too -- with the U.S. taxpayer eventually picking up the tab.

If Europe fails, maybe it will give the USA time to save itself?

The EU may have fulfilled one of Hitler's ambitions, to have a unified Europe. But Hitler wanted Europe to serve Germany's interests. So far, the EU has mostly hurt Germany.

If you look at what Hitler wanted in Europe, he won. The EU is closer to what Hitler evisioned than most people realize.

You can't borrow your way to prosperity.

NO Problems. NO solutions, here.....so what's the bottom line? Socialism does not work.
Only the private sector can "create jobs". not the public sector. one must serve the other, or the other has servitude to it. Socialism is Servititude to government, not government to the people and free enterprise.

Banks are traitors. They will bet against all countries for a profit. English and German banks loaned money to both countries in WWI and WWII hedging bets. They were supportive of Herr Hitler in the brginning. When they realized Hitler was going to ruin the country and noone would get paid back, they dumped him.

Greece got into the EU by having Goldman Sachs cook the books. I wonder if GS is shorting the EU right now like they shorted the housing market.

After the chaos comes radical tryanny. The militant tyrannical dictators offering security will steal your liberty and kill everyone. Be careful what you wish for. One man, one vote, one time!

Point one: The Euro at parity with the dollar would mean a healthier EU, but a weaker U.S. To some degree the EU is victim to the Federal Reserve's desire to reflate the U.S. economy and devalue the dollar to make it more competitive.
Point two: The weak EU contries still own assets they could sell to buy down debt, e.g., real estate, nationalized assets, parks, etc. So, allow France and Germany to purchase Greek Islands (to become G/F South). This eliminates the debt and gives G/F something in return for its investment rather than more paper!

EU is a bust. Just think what it will be like when we go to one world currency? No way to keep score. Banks will rob everyone.It will be trying to bail water out of the boat with a big hole in both ends.

So what are we going to do sit here and not trade globally?

Many Republicans like to point the Finger at Bill Clinton and the Democrats for NAFTA.

I would like to point out a few facts about the Republicans and NAFTA the Republicans don’t want you to know or realize. Or they are to blind to realize it themselves.

NAFTA FACT 1)

The NAFTA was the Brain Child of Republican Ronald Regan.

“ Ronald Reagan first proposed a free trade agreement between the U.S. and Mexico in his 1980 presidential campaign.”

This information about Regan’s “Free Trade Agreement” vision can be found here.

http://www.heritage.org/Research/Tradean…

NAFTA FACT 2)

NAFTA was in fact spearheaded by Republican George H. Bush. The information below is only part of the facts found on Wikipedia's information on George H. Bush. The rest can be read by following the link and scrolling down to NAFTA. You will notice that the Democrats even then questioned NAFTA and the loss of jobs in the US.

"Bush's administration, along with the Progressive Conservative Canadian Prime Minister Brian Mulroney, spearheaded the negotiations of the North American Free Trade Agreement (NAFTA), which would eliminate the majority of tariffs on products traded among the United States, Canada, and Mexico, to encourage trade amongst the countries.[51] The treaty also protects intellectual property rights (patents, copyrights, and trademarks), and outlines the removal of investment restrictions among the three countries.[51]
This came under heavy scrutiny amongst mainly Democrats."

NAFTA FACT 3)

In 1993 when NAFTA was signed By Bill Clinton it was approved in Congress lead by the Republicans to out vote the Democrats to approve NAFTA.

Here is the results from the vote in Congress to approve NAFTA.

http://clerk.house.gov/evs/1993/roll575.…

NAFTA FACT 4)

Now the Republican President George W. Bush has had NAFTA for 8 Years and did nothing to change or fix the situation. Here is a video of what he recently said about NAFTA and saying we need to keep it in place.

http://www.youtube.com/watch?v=CjfEKTGb1…