Another near Trillion EU bailout...

...by the industrious and frugal EU North, for the EU South. Lots of fake kind words, VERY fake, all around, on how well the South will make use of the dough. How deserving they are. And how their latest promises to get their economic houses in order are rock solid. As if.
The dole is the dole, by any other name. We call the mess here "welfare". Never has fared well.
A check on the sad facts of how many Southern EU economies are mis-run is revealing. Uncollected taxes, VERY uncollected, corruption at many levels, huge public sector do littlle "work"-forces, with generous benefits, unsustainable pensions and the near impossibility of sacking anyone. All neatly over- administered, VERY over, at nearly each level of inefficient government. Did I forget to mention earlier ages of full pension retirement?Silly me.
The EU public sector unions, with well heeled administrations, make our USA corrupt Democrat run teachers' unions (anti- learning/-anti children, the lot) look like amateurs by comparison.
Apparently, it took nearly four full days of contentious kvetching, some 96 hours of all day and all night sessions. The South pushed hard for no reforms, and for all in grants, rather than in loans. Imagine that? And in the end it was closer to 50:50. There were few reforms. As if.
So, in less than a decade, the South largely will not have repaid a Groschen, and reforms, such as they are, will be relaxed. Plus cela change, plus c'est la meme chose.
But as bad a deal as this might be for Europe, it pales in comparison to the financial mess we'll be in here in the USA, if frontal lobe release Joe Biden is elected, as unlikely as this is beginning to look.
Let's hear from all the CS Communists/Socialists/Sandersistas, on how they see things. Let the hate speech and words fly, as always. Perhaps a bit of creative bullying as well.