European problem is Socialism. The governments all enable the entitlement mentality to the point where no one will be working. Does Russia during the Cold War sound familiar. There needs to be a cultural revolution in Europe and the US. We are not far behind. How did we as a people allow ourselves to get in the position of having our economy dependent of a thieving financial system. We need a banking system that serves instead of rapes our people. Our big banks with trillions in assets have been getting billions in 0% loans to play the market. Meanwhile, they are driving up the price of oil and gas by manipulating the commodities market. We need real regulation or a new system. A good move towards sanity would be to make all government loans to qualified buyers directly for a small interest. This would reduce the notes of home buyers and students by half or more and leave trillions in the hands of our people instead of thieving banks. Why should anyone pay a bank 600k for a 200k house when the taxpayer backs the loan? Banks, wall street, insurance companies, hedge funds and the commodities exchange produce nothing and take mountains. A 1/2% charge on all derivative, stock and commodities trades would put us in surplus and affect mostly giant day traders and market manipulators. We need to force our public owned corporations by law to pay our minimum wages wherever they go. This would bring back jobs and