Pay up, Germany

Germany long profited from the euro system that bankrupted Greece. Now it's time to pay for it

David Frum

The other day, a financial friend repeated a joke. "A Greek, an Italian, a Spaniard, and a German walk into a bar. Who pays? The German of course …"

Bzzzt. Let's stop the tape right there.

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David Frum is editor of FrumForum.com and the author of six books, including most recently COMEBACK: Conservatism That Can Win Again. In 2001 and 2002, he served as speechwriter and special assistant to President George W. Bush. In 2007, he served as senior foreign policy adviser to the Rudy Giuliani presidential campaign.