Looks like banks and corporations have more rights than either the Federal or State

[malaise]

Constitutions - how frightening is that Detroit precedent???

[Scuba]

1. The Greece model: cut taxes for the wealthy and corporations, create a fiscal crisis, sell ...

... the State's property to those same wealthy and corporations at fire-sale prices.

[malaise]

2. And don't forget to steal the workers' pensions

Something is going to give.

[DetlefK]

3. I'm really tired of the Greece-arguments.

"It was unfair! Being forced to pay back the debt crashed their economy!"

Seriously, what should the EU have done instead?
Pump stimulus-money into a country rife with corruption, tax-evasion and an overblown unnecessary bureaucracy?

[Scuba]

4. Your description of Greece sounds exactly like the US ....

... if you substitute "military" for "bureaucracy".

[BelgianMadCow]

5. "Seriously, what should the EU have done instead? " - well...

they could have allowed the referendum that Papandreou wanted to organise, which would likely have led to Greece exiting the euro and defaulting. Which would have been much better. The Greek were sacrificed on the altar of the euro.
I'm speaking of the common man, of course there's much to be said about corrupt leaders, bureaucracy and non-taxpaying churches.

Mind you, Greece may still default. After all, Syriza is polling in first/second place and they advocate a debt review. But at least first the other EU banks involved have been made whole on the dime of the european taxpayer. Did you know 80 cents on the Euro of the "Greece" bailouts went to german, french and greek banks? Hooray! Can I hear it for Goldman-Sachs boy Papademos, parachuted in to do our Masters' bidding?

I am deeply ashamed at what is being done by the EU (well, the fabulous troika) in my name.