German property rights vs. multinational socialism

Germany, being the strongest economy among EU nations, is being asked to shoulder the burden of bailing out the failed Socialist state of Greece.

What's happening in Greece is the inevitable consequence of the failed ideology that is Socialism, which makes the comparison to Communist East Germany all the more appropriate.

Thankfully some in Germany are saying "not so fast!" and raising a Constitutional challenge to these bailouts.  Good.  What the Europeans are doing is insanity.  It's mulitnational Socialism.  They're transferring the economic wealth of productive, relatively healthy EU nations to failed socialist hellholes.  That should work out about as well as the innumerable "bailouts" have towards jumpstarting the U.S. economy (I.E. not at all)

Notice that those defending the bailouts are using the same BS rhetoric Obama used for our bailouts.  They're claiming "Everything will be far, far worse unless we do something!" I suspect the Constitutional challenge will fail and what little is left of national sovereignty in Europe will be eroded further to please the EU.

Greece isn't the only problem either.  Ireland and Spain are in dire straits as well. Portugal, already the recipient of one IMF / EU* bailout, has now seen its bond rating downgraded to "junk" status.  As we've seen in the U.S., the bailouts aren't working.  All they're doing is delaying the inevitable while engaging in massive income redistribution as well as the transfer of suffering.  If Socialists want to run their countries into the ground I say let them.  Long live capitalism and liberty!

*Also, the head of the IMF makes over $500,000 / yr.  Yup, that's Socialism for you.