Why The Greek Bailout Will Fail

Cracking up: The Euro is at risk of collapse because of the Greek financial crisis

The Big Fat Greek Gravy Train: A Special Investigation Into The EU-Funded Culture Of Greed, Tax Evasion And Scandalous Waste -- The Daily Mail

Even on a stiflingly hot summer's day, the Athens underground is a pleasure. It is air-conditioned, with plasma screens to entertain passengers relaxing in cool, cavernous departure halls - and the trains even run on time.

There is another bonus for users of this state-of-the-art rapid transport system: it is, in effect, free for the five million people of the Greek capital.

With no barriers to prevent free entry or exit to this impressive tube network, the good citizens of Athens are instead asked to 'validate' their tickets at honesty machines before boarding. Few bother.

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My Comment: As all of my Greek friends like to tell me .... the culture of corruption and personal is so pervasive in Greece that even if their debts are forgiven, and a trillion dollars is given to the country as a gift .... within 10 to 15 years they will be back to where they are today. For Greece to change they will have to hit rock bottom .... but as long as the rest of Europe is fearful of what may happen if the Greeks do financially collapse .... this dog and pony show will continue into perpetuity.