Monday, May 17, 2010

The EU is PU (as in smelly, my friends)

Although we are sovereign to our currency (sort of), should we not concern ourselves with our own burgeoning debt crisis here in the US, we could undoubtedly end up in the tailspin the EU is experiencing now. While a few of the countries in the EU are driving the economic meltdown for the other participant countries, it reminds us of the old cliche - one rotten apple can spoil the bunch. Proponents of global currency ideologies ought to be concerned with the performance of such plans and the consequences they afford. Governmental spending has to be controlled, period. I am not sure how anyone can believe otherwise...

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