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Europeans Gaming the Continent Dry

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    FBN’s Stuart Varney says European socialism will soon end.

  • Duration 1:28
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Richard -- game to the pension system Elizabeth Warren -- -- the ethnic spoils system.

And a couple that lived in a million dollar home for five years and never paid a dime on the mortgage.

They -- to the bankruptcy and victim would system so here's my take on Europeans.

Gaming the system.

That's what they've been doing living well on somebody -- -- -- Perfectly legal and by socialist standards perfectly ethical.

But the jig is up.

They've literally run out of all the peoples money.

Let's be clear.

Cradle to grave welfare is Europe's system.

And this -- extending the benefits is gaming the system and giving benefits that you cannot -- -- borders on financial fraud.

What we're now looking at is the death of European socialism.

It's not pretty.

But it is reality.

They're gonna have to start all over again and this time begun to have to be honest you cannot have.

What you cannot painful gaming the European system has come to -- it.

And so -- my takes over five seconds left breach of -- large.

Hard work and integrity whether it's for you personally publicly governments businesses.

When I love you on this front Stuart I'm a Democrat I'm for the social safety net.

But I'm a realist you -- right we have to live within our means otherwise we can provide for -- one.

That's America going forward to that's America going forward but that's the world that's the rule will we have the Libor thank you everyone -- -- -- highlight real.