The Real Difference Between Europe and the United States - Hint, it is not "Socialism"

Absurd cable TV pundits rant and prattle about on how Obama is socialist. Uh, not so far. What the Obama administration is doing is corporate welfare.

What's the real difference between Europe and the United States?

In a nutshell they have balls and we don't.

In G20 Protests now going on all over Europe are some hints.

Protesters focused the Royal Bank of Scotland because it was bailed out by the British government after a series of disastrous deals brought it to the brink of bankruptcy. Still, its former chief executive Fred Goodwin — aged 50 — managed to walk off with a tidy annual pension of 703,000 pounds ($1.2 million) — just as unemployment in Britain is at 2 million and rising.