Europe: We've Done All We Can, Now It's America's Turn To Help

Zero Hedge ^ | 02/13/2012 | Tyler Durden

[SeekAndFind]

Cue the fireworks in 3...2...1...

• FRIEDEN EUROPEANS CAN'T DO MUCH FOR GREECE BEYOND AGREEMENT - BBG
  
• FRIEDEN: GREECE NEEDS STRUCTURAL REFORMS, SHORT-TERM FINANCING - BBG
  
• FRIEDEN: GREECE HAS HISTORY OF PROBLEMS IMPLEMENTING DECISIONS - BBG

And... drumroll please:

• FRIEDEN SAYS HE WISHES U.S. MORE INVOLVED IN STRENGTHENING IMF - BBG

Translation: Hey America, we've done all we can, now it's your turn to sustain the Ponzi. Because if we go, you go.

The upside: think of just how much faster the latest and gratest $16.4 trillion debt target will be breached if America simply issues Greek bonds with a US guarantee. Like it did in that other foreign policy success story - Egypt.

[Dallas59]

They can bite my shiny human a$$.

[Beowulf9]

I thought European’s were so much more superior than us and we were supposed to become more like them?

[rlmorel]

Right here. Ron Paul belongs in a a mental hospital.

You satisfied?

[To-Whose-Benefit?]

Eminently.

[ClaudiusI]

And he later said "can we do this? Or are we just ". Which seems apropos when talking about the bailouts of Greece by the EU.

[norton]

"Right here."
" Ron Paul belongs in a a mental hospital.
You satisfied?"

You left out the important part:

Ron Paul belongs in a a mental hospital...and Greece can still bite my shiny non-bender butt.

[PGalt]

DEFUND socialist collectives, foreign and domestic. FUIMF.

DEPOPULATE socialists from the body politic.

live - free - republic

[BfloGuy]

Europe: We've Done All We Can, Now It's America's Turn To Help

That has one meaning: if we inflate our currency too much, it will weaken Germany's (our milk cow's) export economy. The U.S. must inflate along with us to keep German products attractive to American consumers.

The Europeans can print all the Euros they want. They can bail out the PIIGS till h*ll won't have it. They don't need our help to do that.

They do understand, though, that inflation will make German prices and wages rise to the point that its products will become less attractive to foreigners. That's why they need our help. We did the same thing in the twenties -- inflated to help out our European cousins. It caused the Depression.

[rlmorel]

Just because an idiot recognizes that is a bad idea to pick up a red hot cast iron frying pan with a bare hand does not make him any less an idiot.

Hahaha. Never watched “Futurama” till about a month ago (don’t watch tv) and it is pretty funny stuff:)

[Cyman]

We need to invade Greece.

[katana]

Rhymes with “working off”, if I recall correctly. And yes, completely apropos when discussing any aspect of the EU and the ECB.

[southernnorthcarolina]

The United States is drawn to any problem in Europe — economic, political, or social — like a moth to a flame.

We had no real reason to enter the Great War (later known as World War I). Had we let Europe stew in its own juices then, yes, there would have been some redrawing of the map, and yes, some of said redrawing would not have been “fair.” Not our problem.

And the current Euro-kerfluffle offers even less reason for us to intervene. No good can come from it.

[sarasmom]

Well the answer is NO, of course.

But one question nobody seems to ask or answer, as far as I can tell, is exactly when the citizens of the various nations of the “European Union” voted themselves into the EU, and when they adopted the Euro as their primary currency.

Yeah, I am just an average “unsophisticated” USA citizen, ignorant of all the intricate,delicate, private negotiations that went on for decades, conducted in secret by foreign government entities.

So can somebody bottom line it for me?

On what date did the citizens of Greece vote to join the EU?
And on what date did the citizens of Greece declare their previous monetary system defunct, and declare the Euro their new monetary system?

[Varsity Flight]

“On what date did the citizens of Greece vote to join the EU”

Just as on what date did the actual CITIZENS of the U.S. get to vote on Arbeitsziehungslager-Care, death by a thousand cuts.

As I’ve said before, the second to the last solution for real U.S. citizens against, “death by a thousand cuts,” will be to cease purchases, and it’s happening.