Nov 6th - Political Commentary - Greek Debt Default - War?

I was just reading an article about worst case scenarios for Greece. In the mind of many economists the worst thing that could occur, for the Greek people, would be for Greece to decide to leave the European Union. If it did that there would be no way for it to repay the massive debts run up by the government. The government would have to start printing its own money. Who outside of Greece would want to be paid in currency of a country that just went bankrupt?

I have always considered the formation of the European Union to be somewhat similar to what happened in our nation when some of the original free, independent nations of North America voted to form a central government to take care specific things; i.e. common defense against foreign aggression, settling disputes between the nation states, etc. When several of those states decided they no longer wanted to be part of the Union the remaining group went to war to against them and plundered them. It was called the Civil War.

Anyone wonder if the European Union will go to war against Greece, if Greece decides it wants out? I actually doubt that would happen because I don't think Greece brings that much to the European Union table. The South brought money, and a lot of it, into the Federal government. The South imported a lot of goods (much more than the North), and the "United States" taxed the heck out of imports. The majority of that money was spent developing the northern states. Northern businessmen and politicians went to war to keep the cash stream flowing. The result of their greed was the deaths of over 600,000 Americans.

PLEASE don't tell me that the war was about slavery. Read Lincoln's famous Emancipation Proclamation. He only freed the slaves in the South, in hopes that they would take up arms against the Southerners. Ulysses Grant's (the north's most famous general) family still owned slaves after the end of the Civil War, technically his wife owned them. Andrew Johnson, the President AFTER Lincoln still owned slaves after the Civil War. James Buchanan, the President before Lincoln, didn't own slaves because he called them "indentured servants." I'm sure a search of Congressman who voted to go to war to prevent the south from seceding, would show that some of them, if not many, owned slaves.