By Douglas V. Gibbs
The European Union is in some big financial trouble, and we are not too far behind. The United States, since we have not yet reached the same level of liberal socialist insanity just yet, is in a position to print more money, put our grandchildren into deeper debt, and plans to commit some of that fiat money to the International Monetary Fund in the hopes it will keep Europe from collapsing.
Like we are in the position to be spending any more money.
Yes, I get it, the market is struggling, Greece, Ireland, Portugal, and possibly Spain, is teetering and could send Europe into a tail spin.
That's what they get for using progressivism for as long as they have.
Liberalism fails wherever it is tried, and the last thing we need to be doing is screwing ourselves in order to use more liberalism to try to fix a socialist collapse that is inevitable.
Global Economy be damned. It is Keynesian Economics that has caused all of this trouble, and unless spending is cut dramatically, taxes are slashed, and the Free Market is unleashed, a full collapse cannot be avoided.
The IMF, however, is a big investor in the United States, so you know that the politicians feel a certain obligation.
"Hey, guys, since you jumped into the quick sand with me, I'll return the favor and jump into the top of the volcano with you!"
-- Political Pistachio Conservative News and Commentary
US Ready to Back Bigger EU Stability Fund: Official - CNBC
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