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Legitimate protests have been hijacked by violent animals. But the anarcho-commies and their illegal alien comrades. We pray for the safety of police. They have to unfortunately carry out failed and socialist policies of the government.

Greece needs to grow its economy aggressively and it cannot do so when it is chained to the Euro and ECB.

So an orderly and rapid exit from the Euro is essential to restore competitiveness. It is possible that a move away from the Euro will result in a run on the banks but it does not have to be so. The government can decide to allow all deposits currently in euros to remain in this currency while introducing a “new drachma” for payments and salaries.

The “new drachma” can be originally set at parity with the euro and allowed to freely move in the markets. It may decline precipitously originally, but if Greece resumes fast growth, it would recover some of its value.

It shouldn't take long.

It doesn't matter if Greece gets a new currency as long as the old policies are continued. How many currencies has Argentina had? Greece's problem is that they're spending more wealth than they're producing. That wealth has to come from somewhere, and eventually other countries are going to cut off the transfers. That means a decrease in the standard of living.

The real question is will that decrease be counteracted best under a socialist or a capitalist economy.

I fear the U.S. will have to face that same question.