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Germany slams 'stupid' Obama plans to boost EU rescue fund - 9/27/2011 7:35:42 PM   
Sanity


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Americans arent alone in growing weary of Obamas inane blathering:

quote:

Germany slams 'stupid' US plans to boost EU rescue fund

Germany and America were on a collision course on Tuesday night over the handling of Europe's debt crisis after Berlin savaged plans to boost the EU rescue fund as a "stupid idea" and told the White House to sort out its own mess before giving gratuitous advice to others.




German finance minister Wolfgang Schauble said it would be a folly to boost the EU's bail-out machinery (EFSF) beyond its €440bn lending limit by deploying leverage to up to €2 trillion, perhaps by raising funds from the European Central Bank. "I don't understand how anyone in the European Commission can have such a stupid idea. The result would be to endanger the AAA sovereign debt ratings of other member states. It makes no sense," he said.


Mr Schauble told Washington to mind its own businesss after President Barack Obama rebuked EU leaders for failing to recapitalise banks and allowing the debt crisis to escalate to the point where it is "scaring the world".


"It's always much easier to give advice to others than to decide for yourself. I am well prepared to give advice to the US government," he said.


The comments risk irritating the White House. US Treasury Secretary Tim Geithner has been a key driver of plans to give the EFSF enough firepower to shore up Italy and Spain, fearing a drift into "cascading default, bank runs and catastrophic risk" without dramatic action.

Full article here


< Message edited by Sanity -- 9/27/2011 7:36:44 PM >


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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/27/2011 7:39:30 PM   
popeye1250


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GAWD! Can Oblunder get anymore STUPID?
Or is that "STUPIDER?"
He's a knuckle-dragger who went to Harvard!

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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/27/2011 7:46:02 PM   
willbeurdaddy


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Laughing stock of the world. He gets used by our enemies and ridiculed by our friends.

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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/28/2011 11:10:45 AM   
Sanity


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quote:

Obama's Euro-Crisis Lecture Is 'Pitiful and Sad'
quote:

REUTERS

Obama slammed the Europeans at an event in Mountain View, California on Monday.




US President Obama has given the Europeans a harsh lecture on the dangers of their ongoing debt crisis. Offended by the unsolicited advice, Europeans have suggested the US get its own house in order first. Obama's remarks were "arrogant" and "absurd," German commentators say on Wednesday.


Full article here





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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/28/2011 11:55:21 AM   
willbeurdaddy


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They nail what the US MSM is afraid to say:

"These are suggestions that have already failed to work in the US: Money is supposed to save Europe -- quickly and in the largest quantities possible. US Secretary of Treasury Timothy Geithner has been trying for more than two-and-a-half years to suffocate his crisis with money. But aside from the lack of success, the collateral damage is immense. It manifests itself in a loss of government credibility, a loss of trust in the currency and the paralysis of any sort of dynamism -- because the crushing debt mountain is robbing the famously optimistic Americans of their confidence."

"The fact that Barack Obama, who is a brilliant thinker, knows full well that things are much more complicated in reality does not help. Indeed, it does the opposite. In the desperate battle for his re-election he'd rather construct myths, such as claiming that the Europeans alone are responsible for the American mess. Not only is this fundamentally wrong, but -- coming as it does from a friend -- it's downright pitiful and sad."



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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/28/2011 12:12:55 PM   
mnottertail


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As the teabaggers want to blame it on a couple in New Jersey who didnt have the downstroke and the credit history to keep a house, and of course with the economy (because of revenue and taxation and all funding bills) in our house run by republicans, you can bet we are the laughingstock of europe. They know the republicans are innumerate. And the house is deer caught in the headlights....

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RE: Germany slams 'stupid' Obama plans to boost EU resc... - 9/28/2011 12:17:46 PM   
SternSkipper


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quote:

Americans arent alone in growing weary of Obamas inane blathering:


Actually, I'd rather know if Germany would be able to take you back.


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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/28/2011 12:20:50 PM   
SternSkipper


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quote:

Laughing stock of the world. He gets used by our enemies and ridiculed by our friends.


Stop talking about Sanity like that! Next thing you know you'll be dropping the story about you two on prom night.



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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/28/2011 12:22:38 PM   
Lucylastic


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The US was a laughing stock long before obama.. for much better reason but it seems thats not believed by a large majority of right leaning posters.

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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/28/2011 12:33:44 PM   
mnottertail


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Well, we have a long history of bringing our special brand of enlightenment to the world, Iraq, VietNam, China, Korea, and so on........turns out we can't really float our own boat.

The Emperor has been without clothes for a long, long time. At least nobody threw shoes at him in their demonstration of gratefulness for all he has done for them.

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RE: Germany slams 'stupid' Obma plans to boost EU rescu... - 9/28/2011 12:36:03 PM   
SternSkipper


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quote:

The US was a laughing stock long before obama.. for much better reason but it seems thats not believed by a large majority of right leaning posters.


This is all bullshit anyway... But as to the Overseas perception... they were A)Scared of Bush, because of his street punk foreign policy and b) ABSOLUTELY TERRIFIED of going into a public restroom with a Republican Congressman





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Looking forward to The Dead Singing The National Anthem At The World Series.




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