Georges Ugeux's double standards with respect to the Euro crisis

In a previous post, we discussed Georges Ugeux's contradictions regarding EU bank recapitalization. This is a follow up in which we briefly discuss his HuffPo article, The European Agreement Offers Other People's Money, which is nearly identical to a post in his french blog. In short, while he probably correctly points at some questionable aspects of the new EU plan addressing the sovereign debt crisis, it is wrapped in moral rhetoric that is flawed, but not new coming from him.

An economist featured in Inside job (still) lectures us : "The main culprits are Social Security, Medicare and Medicaid"

In article featured in Business Week, this economist downplays the financial crisis as a cause of the economy's ailments, notably public sector debt, blaming them, instead on the usual suspects shown in the title. He was instrumental in the design of the 2003 Bush Tax cuts, which, it is no secret (but some think tanks dispute it), favored the richest households and a shot a big hole in subsequent budgets.