It's Time for the Eurozone to Let Greece and Tsipras Go

NEW YORK (TheStreet) -- Fish or cut bait, Alexis Tsipras, your 15 minutes of headline fame are up. The Greek Prime Minister Tsipras needs to decide whether he is serious about linking arms with the rest of the Eurozone and, if not, move on to handle the fallout of leaving it.


And not just for Greece, but for the rest of the Eurozone.While Greece is important and the welfare of its people is important, the success of the Eurozone is more important in the longer run because an economically strong trading bloc working with one currency and one political focus is what Europe has to have to compete in the new economic era the world is moving toward.

The people of the Eurozone have their currency union. Now, they are moving toward a political union that will allow them to compete more equally on a global basis with such giants as the United States and China.

They have worked very hard for a long time to get where they are today and should not give in to an inexperienced, ideologically driven group in Greece which is unwilling to play by the rules. If Tsipras and his Syriza party don't like the rules of the Eurozone, then let them leave the currency union and get on to more important things.

The Syriza party has an extreme left-wing background and revolution is not an unknown concept. It sometimes appears as if in gaining power the party's leaders think a revolution is in the works. But, Greece is a democratically governed nation and the past cannot be wiped out.

In a democracy, and any other law abiding nation, the government in power must accept responsibility for the past in planning for the future. A newly elected government cannot just say, "we don't like what was done in the past, we will just start fresh from the time we were elected."

At the same time, the Eurozone has had its challenges bringing the other member nations into alignment politically. If it blinks and gives in now, it is going to be just that much harder in the future to achieve the political union that is needed for the community to succeed. Enough said.

Let's move on. Your decision, Greece. Are you in or out? Please make a decision soon. If not for the people of Greece and the other Eurozone members, for the rest of us.

The headlines -- "Greece Prepares for Debt Default," "Don't Bank on Tsipras Dumping Syriza's Leftwing Diehards" and so many more -- are getting tiresome.

thestreet.com