Oxi: The Greek Vote | National Catholic Reporter

Oxi: The Greek Vote | National Catholic Reporter by MSW. MGB: Justice is about having an unsatisfied greivance.  How to handle that is the language of reform.  Its not so much in this instance that we need to overturn capitalism as give Greece the methods to disregard it.  That would be by Europe doing with Greek debt (and other member nation debt) what Hamilton had the United States do with revolutionariy war debt - Federalize it.  Of course, this will also require a continent wide tax.  My suggestion is an income tax and a corporate profits tax.  Take some of that  corporate profit parked in Ireland and Luxembourg and use it to help with the debt and rigged interest rates impossed on the PIIGS.  Of course, a Eurodebt and Eurotax would be competition for the Dollar and the US Treasury - and we may see higher income taxes here as well.  We call that a double win.