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It is truly amazing how our congress has been able to deflect the financial turmoil onto our banking and financial systems, when they are directly responsible for creating the turmoil. Their GSE's Freddie and Fannie; their created moral hazards of implied guarantees; their mindless regulatory schemes...
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Secession is the only real hope. Maintain the free trade and common labor market, but get rid of the Euro and leave the political sphere. Losing your sovereignty to a national government is bad, but getting it lost to a multi-national government is even worse.