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Old 09-27-2011, 05:03 PM
 
Location: Maryland
18,630 posts, read 19,421,721 times
Reputation: 6462

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Quote:
Originally Posted by Visvaldis View Post
"Obama smacked down once again: Germany slams 'stupid' US plans to boost EU rescue fund"

Obama or US plans? Which is it?
Anyway, the EU is right. US plans are bullcrap. The US can shove its plans up its red, white, and blue butthole.
The article clearly states that the German minister's comments are a direct response to Obama lecturing the Eurozone that they need to capitalize their banks.
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Old 09-27-2011, 07:28 PM
 
29,981 posts, read 42,939,504 times
Reputation: 12828
Quote:
Originally Posted by KUchief25 View Post
Yes it makes no sense so of course they will do it. Drain the wealth from countries that have it to pour into nations who have irresponsibly wasted it away. Who will bail out the US when the time comes? We know the answer to that one.
Soros is the one who wants the US to pump Trillion$ into the EU and IMF. He has much money to make when we do. And of course, if Soros wants something you can bet that Obama, the Clinton machine, and the DNC will do their best to get it done.
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Old 09-27-2011, 09:19 PM
 
Location: Ohio
24,621 posts, read 19,170,143 times
Reputation: 21743
Quote:
Originally Posted by KUchief25 View Post
If you produce oil and try and trade it in anything but US dollars you will care.
Damn right. Ask Saddam.
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Old 09-28-2011, 09:13 AM
 
Location: Maryland
18,630 posts, read 19,421,721 times
Reputation: 6462
More from German papers:

Quote:
The mass-circulation Bild writes:
Obama's lecture on the euro crisis … is overbearing, arrogant and absurd. … In a nutshell, he is claiming that Europe is to blame for the current financial crisis, which is 'scaring the world.' Excuse me?"

"The American president seems to have forgotten a few details. The most important trigger of the financial and economic crisis was US banks and their insane real-estate dealings. The US is still piling up debt … The American congress is crippled by a battle between the right and the left. The banks are gambling just as recklessly as they did before the crisis. The president's scolding is a pathetic attempt to distract attention from his own failures. How embarrassing."
Quote:
The center-left Süddeutsche Zeitung writes:
"One needs to remember the context within which Obama's scolding of the Europeans took place. It was an event where the president was raising money for the Democrats and where he wanted to explain to voters why the US economy is much worse off than he and his economic experts had believed until recently. Hence his criticism of the EU was simple electioneering."
"The problem, however, is that the US president is absolutely right. For far too long, the Europeans -- including the Germans -- treated the financial crisis as a purely American problem. They have still found no solution for their own debt crisis. Now Europe's problems are having a negative impact on growth and jobs around the world, including in the US. It would not be an exaggeration to say that Europe is threatening Obama's already precarious chances of reelection in 2012. That is something that surely does not leave Obama cold. In that respect, it doesn't help much to point out that, once the Europeans have got their house in order, the financial markets will return their attention to America's debt crisis and its ailing political system. Financially, Europe is currently the most dangerous place in the world."
Quote:
The center-right Frankfurter Allgemeine Zeitung writes:
"Dark clouds have gathered over the American president. The gloomy state of the economy is putting a dampener on Obama's future prospects. The optimism of the past is gone, replaced by a cheap search for a scapegoat."
"Obama thinks he has found one. He blames the Europeans for reacting too late to the debt crisis. We Europeans are apparently taking on too little new debt to get out of the crisis. But we are already feeling the wonderful effects of borrowing too much money."

The World from Berlin: Obama's Euro-Crisis Lecture Is 'Pitiful and Sad' - SPIEGEL ONLINE - News - International
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Old 09-28-2011, 09:21 AM
 
Location: Texas
5,872 posts, read 8,095,507 times
Reputation: 2971
Quote:
Originally Posted by KUchief25 View Post
Yes it makes no sense so of course they will do it. Drain the wealth from countries that have it to pour into nations who have irresponsibly wasted it away. Who will bail out the US when the time comes? We know the answer to that one.
This was the worry by U.S. banks and investors when the EU was about to form. The EU assured the world that the EU was stronger than "one" country.

Their motto "United in diversity" needs to be applied completely here. They enjoyed the ride up, now they can enjoy the ride down, and do so as a "Union" designed to create wealth and prosperity...can now pay the price for those that spent unwisely and now have to cinch their belts.
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Old 09-28-2011, 09:25 AM
 
Location: Brooklyn
40,050 posts, read 34,607,468 times
Reputation: 10616
Quote:
Originally Posted by Visvaldis View Post
Anyway, the EU is right. US plans are bullcrap.
That's just fine. Let them fix their own problems. And if we agreed with Germany's assessments and started withholding aid as a response, I think you'd hear something approaching an apology. Maybe that wonderful policy of "take what you can from the United States, but give it the finger whenever possible" might change.
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Old 09-28-2011, 09:31 AM
 
Location: Blankity-blank!
11,446 posts, read 16,188,106 times
Reputation: 6963
Quote:
Originally Posted by EdwardA View Post
The article clearly states that the German minister's comments are a direct response to Obama lecturing the Eurozone that they need to capitalize their banks.
US ideas suck. US ideas lead to human exploitation, greed, environmental destruction, poverty, and war.
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Old 09-28-2011, 09:32 AM
 
Location: Blankity-blank!
11,446 posts, read 16,188,106 times
Reputation: 6963
Quote:
Originally Posted by Fred314X View Post
That's just fine. Let them fix their own problems. And if we agreed with Germany's assessments and started withholding aid as a response, I think you'd hear something approaching an apology. Maybe that wonderful policy of "take what you can from the United States, but give it the finger whenever possible" might change.
Sounds like you're talking about Israel.
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Old 09-28-2011, 09:34 AM
 
16,545 posts, read 13,455,215 times
Reputation: 4243
Quote:
Originally Posted by Visvaldis View Post
US ideas suck. US ideas lead to human exploitation, greed, environmental destruction, poverty, and war.
If you hate this country so much, how come you're still here? There is a lazy utopia waiting for you somewhere where you can blame all your failures on others and someone will pay you for it.
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Old 09-28-2011, 09:38 AM
 
Location: Blankity-blank!
11,446 posts, read 16,188,106 times
Reputation: 6963
Quote:
Originally Posted by SourD View Post
If you hate this country so much, how come you're still here? There is a lazy utopia waiting for you somewhere where you can blame all your failures on others and someone will pay you for it.
I think you should change your name to "SweetD".
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