[Shadow44]

I’d say later rather than sooner. The EU is pretty resistant to common sense, or reality.

[St_Thomas_Aquinas]

If it wasn’t so tragic, it would be laughable the way the media wrings their hands over default. I feel like screaming, “Let them default!”

Let California default, and then no one will lend them money. Layabouts will have to work. What would be better?

[Liz]

America is on the same downward spiral as Greece.....politicians know it, and so do bankers. Greece’s problem-—like the US-—is a costly useless government run by greedy self-serving politicians.

Greece was hollowed out from within by rapacious politicians——535 Greek govt agencies were found fully staffed with no discernible purpose.

The politicans’ big grab is on now; our country is being robbed of its future by conniving politicians borrowing and spending in order to finance their political ambitions.

HERE’S HOW POLS WORK THE CON GAME Cuomo The Ambitious (D-gov NY) goes to Buffalo bearing govt gifts of a billion dollars-—looted from tax coffers. NY is deeply in debt....... but Democrat con artist Andrew Cuomo doesn’t give a fig-—he’s piling on more debt.....debt that will finance his political ambitions for higher office.

Cuomo The Ambitious con man knows unions (and other voting blocs) will get a chunk of the billions-—which will then be laundered into his campaign coffers as “contributions.”

[Moltke]

I’d say later rather than sooner. The EU is pretty resistant to common sense, or reality.

Sarkozy is up for reelection in April (I think). He'll do just about anything to prevent a Greek default until then. And Merkel is going along with his game. *That* is the current reality.