Germany should leave the Euro-area

Why should the American tax payer care about the German tax payer transferring money to others?

because they don't. Having lost their ability to devalue, the club med countries (greece, italy, spain, portugal) go thru a restructuring which destroys their industrial base for the benefit of .....Germany and the shareholders of the IMF/BIS/world bank/wall street.
Not to mention that the people of clubmed countries are actually paying for the insolvency of the bond holders of thei sovereign debt...same people as above.
Not to excuse the rampant socialism of clubmed countries but the blame rests squarely on the banks here, not the people who have to bail them out.
BTW, you may want to ask: why do the chinese taxpayer continue to transfer money to us who don't work 40 hours (38 average US) or pay reasonable taxes (inflation apart, the fiscal profligacy of US Govt is appaling).

The US taxpayer subsidizes the average Greek via the IMF.

We also subsidize low tax Texas by sending them more than they send to D.C.

huntersburg: you should care because the Fed is actually monetizing clubmed sovereign debt thru currency swaps with the ECB (germany). what this mean is your purchasing power is diluted to pay for greece, portugal...
I bet you never agreed to that.that's the power of a central bank: "the power to draw check from a account that is not theirs ( but yours)"

And nobody gets more from the federal govt. than low tax Alaska. Let's even out how much revenue states get and make these states raise their taxes.

The Chinese are not subsidizing the US out of kindness. They want to keep the value of their currency from appreciating; they do recall what happened to Japan after the plaza accord in 1985. China clearly wanted to keep their job creation engine alive and well; to do this, they realized that they needed an artifically weak yuan so as to keep the export engine going.

I never said they do it out of kindness (states have no friends, just interest).Of course the chinese have an ulterior motive: enslave us thru debt. just like the bankers

Enslave us through debt? no- The US will ultimately decide how we pay this debt back to China; clearly, through QE1 & QE2, we are choosing to pay them back with depreciated US dollars. In a deflationary world, the external creditor (china) is in a much better position. In an inflationary world (the world's largest external debtor) will ease its burden by reducing the value of the USD.

in an inflationary world the biggest loser is the american middle class.

Germany doesn't need the peripheral countries to restructure and 'destroy' their industrial base. those countries (with perhaps the exception of Ireland) can't compete with Germany on their best day. That is the problem. Greece, Portugal, Italy, Spain -- cannot compete with Germany using the same currency and same interest rate. The germans are far too productive.

What does Germany get from trading away the Deutschmark and Bundesbank?

the EU is meant to destroy individual sovereignty. Nothing for the german people to benefit (aside from being the biggest).the benefit is for the banking cartels behind "the game".As for the german being so productive...i'll stop typing to catch my breath from laughing.

losers in an inflationary world are the lower class, the elderly and risk-averse savers; the lower class and the elderly both do not have jobs and income that reset with higher inflationary pressures.
Savers simply have their wealth confiscated via the government through taxes & inflation.

all true: I call them midle class, but all semantic. people not rich enough to speculate. and bond investors. yes agree. that's exactly what's coming.