EU chief deems Obama economic moves the 'road to hell'

Moneynews - EU Chief: Obama Plan is Road to Hell
The head of the European Union slammed President Barack Obama's plan to spend nearly $2 trillion to push the U.S. economy out of recession as "the road to hell" that EU governments must avoid.

The blunt comments by Czech Prime Minister Mirek Topolanek to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy.

It was the strongest pushback yet from a European leader as the 27-nation bloc bristles from U.S. criticism that it is not spending enough to stimulate demand.

Shocked by the outburst, other European politicians went into damage control mode, with some reproaching the Czech leader for his language and others reaffirming their good diplomatic ties with the United States. The leaders of EU's major nations -- France, Britain and Germany, among others -- largely ignored Topolanek and his remarks.
What can we expect? For every time he seems to show some rationale for the U.S. that is successful, he either does something, or someone reminds us in strong and blunt terms, just how obstinate BHO can be. In light of this, too, the Openness-in-Chief, the "TOTUS" isn't reproaching world currency ideas flaoted out there, is he? Not that I have heard. How very disappointing.

It irks me, the reserve to defend what's American on so many counts, by this president. Write off the U.S. dollars' once and future (if there is a future!) strength... it's untoward to act like we're still stronger on all counts than any other nation and able to be caretaker of freedom and capitalism and markets. Let's just give it all up now, while WE HAVE THE CHANCE, in light of the deep recession. Is that the thinking? I hope not.

It is too soon for the Earth of Star Trek, with a world-governing council, planetary "credits", etc. Too many ideologues with deep desires to kill innocents for their god or their power. In other words, to keep with the Star Trek theme, Earth has its own Vulcans, Klingons, Romulans, who are interested in harming others, despite overtures to Iran and others by Ms. Clinton and friends.


- jR, aka AirFarceOne (Twitter)



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