“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas


Monday, June 25, 2012

Germany humiliates President Obama

President Obama to Germany: "Hey, how's about bailing out Greece?"
Germany to President Obama, "Shut up and bail yourself out."

OUCH!!!

With the US in the economic mess we're in, how Obama can dole out financial advice with a straight face is one of the modern world's great mysteries, but that's exactly what he did when he advised Germany to bail out Greece....

From BERLIN (AP) -- Germany's finance minister is rejecting U.S. President Barack Obama's calls on Europe to move faster in fighting its debt crisis, telling him to get the American deficit under control instead. 

Wolfgang Schaeuble told public broadcaster ZDF in an interview late Sunday that "people are always very quick at giving others advice." 

He says: "Mr. Obama should first of all take care of reducing the American deficit, which is higher than in the eurozone."

I don't blame Germany for hesitating one bit. Germany is one of the few, if not the only, fiscally healthy nation in the Eurozone and why should it throw perfectly good money down the rat hole that is Greece? Obama needs to let Europe worry about Europe and instead, fix what's wrong with America.

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