Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
No I'm not. Burn them. Tax them to oblivion. But the issue is not whether the elites or the people are to shoulder the blame. Under current arrangements workers pay for the debt and the elites (Irish, German etc) are free to make even more money and reflate some new bubble or whatever the magic fairy of unfettered markets tells them to do. How is that fair? At this point getting rid of the austerity seems a prerequisite for even the most basic popular input in the matter. And this is not solely an Irish  matter. Why should we care to protect German (or Irish, or whatever) bankers?

The road of excess leads to the palace of wisdom - William Blake
by talos (mihalis at gmail dot com) on Fri Feb 4th, 2011 at 06:30:22 PM EST
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