I've got a theory that Becky Quick just alluded to on CNBC. Greece's future rides on the German government will participate in the bailout. The Lower House in Germany just approved the bailout and other financial measures that are put in place to save the Euro and the Deutschemark/Euro balance. What do we care about Greece? Not much.
What do our big banks care about Greece/Germany and the Euro? A LOT. Can it possibly be that the upward pressure on the Lower House of the German government is feeling the heat from the financial sector that wants a government bailout that will stretch all the way across the Atlantic in effect and save Wall Street Bankers from the embarrassment of writing bad paper in Europe when it should be lending here in the US and this is a way to hide in the tall grass until their PR issues go away? CAN THAT BE?
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