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	Name:	architect -
	Subject:	WW...Market expert
	Date:	6/30/2012 8:23:45 PM (updated 6/30/2012 8:30:05 PM)

I think you better go back and check your facts on Europe.

Glad you like Simpson / Bowles with its 3 to 1 spending cut / revenue increase formula. I would keep an eye out for Grover Norquist's hit squad though!

Now, if you think Germany is a conservative (fiscally or otherwise) country you must not know much about Germany with its "socialized" health care, very strong and powerful trade unions, Strict goverment regulations on banks, mortgages and business, paid maternity leave for mothers and FATHERS, 3 times as many paid holidays as the US, Guaranteed paid vacation for all workers, essentially free vocational training, strong federal government investment in alternative energy, highly sudsidized public transportation (arguably the world's best), strong unemployment insurance, a high minimum wage, more social welfare programs than the US, high taxes (income, value added, fuel, property, social welfare) AND a strong government stimulus in place! Germany is essentially Italy with a protestant work ethic rather than a laid back Mediterranean outlook on life. The Germans work hard...the Italians live hard!