An interesting and thought-provoking article. Three things in particular come to mind.

First, too little attention is directed to the scoundrels who create, enable, and perpetuate these sorts of crises. Today’s European turmoil was sown decades ago by leaders who ate prodigiously at the table of illusory perpetual abundance. They’re dead and gone. For all the talk about the world “our children and our grandchildren” will inherit, there is little evidence that the socialist mindset considers other than the immediate benefit to those calling the tune. In other words, those who craft the rules are also the ones that are eating next year’s seed. When the current American economic time-bomb detonates, as surely it must, Nancy Pelosi, Harry Reed and their ilk will be long gone. Because of the aversion to beating dead horses over even the most catastrophic of failures–horses that deserve a sound pummeling–we fail to learn the lessons of history.

Second, the question, “[H]ow will Americans react when the government begins to impose the same austerity measures that are causing riots, street battles, fuel blockades and other assorted chaos in France?” is a concern of the first order. But at least equally important is the question of how those countries and regimes antagonistic to America will interpret and act while Americans are figuratively scratching their backsides over their internal economic meltdown. It’s a very big world out there with very opportunistic, evil, ambitious, and vindictive people. Unlike the Greeks or the French. who have the luxury of rioting in the streets while the bulwark of the Western world is still relatively strong, an America weakened by social and economic chaos runs a distinct risk of attracting very unwanted and very dangerous foreign attention.

Third, whatever happens, it is certain that the Left will absolve itself of all responsibility and direct its Alinskyite condemnation at the George Bush of the moment.