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When Barry is gone in 2012, unfortunately we will have to institute austerity measures in attempt to right the ship after Obama. The UK is already instituting such measures, and we just need a competent executive who will cut speanding and get us back on track. It will be tough for a few years, but it will probably take at least ten years to undo the damage that Obama has inflicted on the nation at the behest of his master, George Soros.
Next election, let's elect a man that is interested in helping US citizens, not illegals and George Soros.
It is good that EU does not listen to us,I mean why would they?Our banks,rating agencies,our gvt etc etc was the main cause of the collapse.They have had to bail out their banks and had stimulus programs which messed up their debt ratios to GDP.Now they are taking the right measures and cutting spending and debt which in the short run will strengthen the Euro.
Obama does not want that he is trying to force USD to be a strong currency by getting the countries to spend like him.If you have noticed when their is confusion in the stock market investors start running to USD and treasuries because there is no where else to run and hide.But with the EU taking the right measures it will restore confidence and Euro will strengthen against USD.
The EU leaders have woke up from this sham and are doing the right thing by not debasing their currency just because the U S is doing it.
Well, they're quite a bit ahead of us in their socialistic policies and are experiencing first-hand how badly they've screwed themselves.
We're not quite there yet, so Obama and his neo-Keynesian pals don't quite get it just yet. It's a we're (U.S.) screwed but they're (Europe) screwed worse situation. Why would Europe continue down what they already know is a dead end? They wouldn't, hence ...Europe spurns Obama's plea for more spending.
I am impressed by the way "austerity measures" are always applied to the poor and the working classes and never to the financial fools that created the problem with their wanton speculation and risky loans to themselves. Somehow they bankrupt the system and always come out of the disaster richer than they went in.
This is what happens when you vote someone in, just to get even. Guess what folks, you got worse then what we have had, Much worse. Europe is smart, they are not getting suckerd into his weak meak economic policies, failing so very fast. Just a matter of time, before so many others, also stand up to him, Are the tides turning! i believe so.
I am impressed by the way "austerity measures" are always applied to the poor and the working classes and never to the financial fools that created the problem with their wanton speculation and risky loans to themselves. Somehow they bankrupt the system and always come out of the disaster richer than they went in.
Well, that shouldn't have happened. Unfortunately, Obama and his admin (not the least of which is Tax Cheat Timmy Geithner - one of the chief architects of the banksters' bailout) protected their bankster buddies and left the rest of us twisting.
Need we revisit...?
Obama's Big Sellout | Rolling Stone Music | Videos (http://www.rollingstone.com/politics/videos/video-gallery-page_3/76867 - broken link) Obama's Big Sellout
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