This time honored argument is one where both sides have valid and valued viewpoints. And it is why the genius of the American Revolutionaries to setup a system of checks and balances so no one has complete control over anything. Gradually the US government has been suborned by corporate money and influence, and because of this there are absolutely no checks and balances. And because the US is the big dog in the park, they have bullied and cajoled almost every other nation on earth to it's bidding. Do you really think this whole Greece situation would be going on so long if it were just about Greece default and eventual separation from the EU? While that in itself is serious, it's more. It's about the US banks selling CDO's to the EU banks to insure the EU banks from losses. Remember that $600 trillion derivatives scam that has been swept under the table for 3 years? So when Greece defaults, the French and German Banks will come to JPM and GS et al for payment on their insurance policies. Then, the US banks will be exposed like the emperor with no clothes, cause they will have to mark to market their toxic waste for the world to see. Game over. This is also why as ZH has exposed, most of QE 2 went to US branches of European banks. To either shoreup their balance sheets, or to purchase CDO's or both. The dominos when they begin to topple will run fast and far.

C