[Berlin_Freeper]

The money quote that Obama and the Dems could learn from:

Creighton said Ireland's experience proved that austerity measures were never easy but that debt-burdened euro zone members had no choice.

[Olog-hai]

Lucinda Creighton is cut from the same cloth as Obama. All austerity in the EU is combined with tax increases, which only enrich the politicians at the top (and is something that Obama is trying to push on the USA). What a good swath of the EU has that the USA foolishly gave up is heavy industry.

Ireland right now is being pressured to increase its corporate tax rate, all due to jealousy from without. Should they do it?

[gunsequalfreedom]

Read the story at the link and see they went out for $10 billion in bonds to pay the Euro bailout debt