They can.

Editor,

There is an old expression: "Let your creditors worry about your debts."

It means, for instance, that when a German banker who loans aggressively to economies he believes are easy pickings comes to the realization that he has led his customers to accumulate a pile of debt so deep they cannot pay him back, that banker will finally have to eat his losses because his risk analysis, which amounted to blind avarice, has left him with a pocketful of nothing and he has no one to blame but himself.

The problem for German taxpayers is not that supposedly inferior cultures breed lazy no-goods. It is that German bankers do not deserve German taxpayers' dollars to turn their own brazen irresponsibility into champagne-popping profit any more than Wall Street deserves American taxpayer dollars for the same.

"Free market" Reagan/Thatcher neoliberal deck-stacking against every citizen of the world in favor of a few hubristic transnational gamblers has finally demonstrated to those who are not able to think abstractly but can learn from concrete events that it is just another flagrant scam run on the weak of the world by the powerful because they can.

Re: "Rejection of Deposit Tax Scuttles Deal on Bailout for Cyprus" (3/20/2013)