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EURO LEADERS SPEND BILLIONS; GERMAN GOVERNMENT SHAKIER THAN EVER; STUDENTS IN THE STREETS BY THE THOUSANDS

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Those episodes of news-reporting in the USA echoed what has been happening to students in Germany over the past decade. By the way, last November Germany saw the largest number of student protests since 1968. People are asking why are the poor and the necessary facets of the economy being punished while bankers and financiers get money across Europe?

This is all why that the German government coalition, consisting of conservatives and liberals, took a beating on Sunday in the largest German state of North Rhine Westphalia (NRW)--i.e. just after agreeing to another billion-Euro bail-out of the Euro just after a 120-billion Euro bail-out of the Greek economy the week before. Until the major defeat on Sunday, that same German governing coalition had been proposing major tax cuts for the wealthy half of the German economy.

Naturally, the savvy Chancellor Angela Merkel immediately canceled those plans for tax cuts for the wealthy after the earthquake-like defeat by NRW voters.

Incidentally, this was the worst election result in the history of the conservative party (CDU/CSU) in Germany since WWII. It was obviously a sign that the German citizenry are becoming tired, too, of the status quo and this rise in youthful (and voter) protests is likely to be a sign of a long hot summer in German politics.

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KEVIN STODA-has been blessed to have either traveled in or worked in nearly 100 countries on five continents over the past two and a half decades.--He sees himself as a peace educator and have been-- a promoter of good economic and social development--making-him an enemy of my homelands humongous DEFENSE SPENDING and its focus on using weapons to try and solve global (more...)
 

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