"wealth distribution equality"

The EU thinks this is an important aspect of the economic vitality of its member states, and has (prior to 2006) held Greece and Spain as shining examples of where it wants the whole Union to be.

Since then, it has prodded and pressured states like Ireland and Portugal to institute changes that would bring about a greater degree of "WDE" in these two nations, who had enjoyed unrivalled economic growth for the decade previous to the changes.

First, Greece saw its economy collapse to the point of disaster, then Spain. They were followed by Ireland, and yesterday, Portugal decided that it might have no other choice but to take the offered "bail out" from the EU to keep its economy afloat.

In four years, the euro has gone from on-pace to be the contender for the American dollar as the global currency to watching its international value fall to well below that of the struggling dollar. Nearly one fifth of the entire European Union is facing bankruptcy if no bail out is given, and a new global recession is looming on the horizon.

Want to know why I think this is happening?

WDE

If any American candidate for office decides to use these words in any other context than a critical one... all of America should be very concerned.