Republican Austerity vs. European Austerity

It's all bullshit, and it's all designed to transfer wealth to the 1%--or the 0.1%--of the world, not just the U.S. and not just the Eurozone.  The elites, in Europe and in the States, are using the crisis as an excuse to extract greater percentages of wealth from what is left of their local working and middle classes.  Popular movements, elections and enlightened government policies might help to reverse this horrible trend.  An extremely liberal distribution of guillotines around the world into the hands of the 99% might be good, too.