The Berlin Wail

IBD Editorials ^ | September 22, 2008

[Kaslin]

Allies: The reaction of Europeans to our financial crisis has been one of disdain as they sit in cafes assured of U.S. protection. But then they want Barack Obama, who did nothing to prevent the crisis, to be our president.

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Europeans know a lot about bailouts. We bailed them out twice in the first half of the 20th century and spent most of the second half keeping the Soviets from marching to the English Channel. It's the U.S. that will save their backsides again in the war on terror. NATO is largely an American operation.

So it's with some amusement we hear Euro blowhards lecturing us on how to run the economy that made possible their freedom as well as ours.

An article in Saturday's Los Angeles Times quotes Hanna Evers, a cell phone retailer in Berlin. "I was taught that the USA was the motherland of moneymaking," she said. "And now all I see is a herd of headless chickens running around on Wall Street."

In Italy's Corriere della Sera newspaper, Finance Minister Giulio Tremonti compared the current crisis to corruption-ridden Albania in 1997, when pyramid schemes cost hundreds of thousands people their savings and caused civil conflict. "It is not the failure of a bank, but the failure of a system," he opined.

[LibLieSlayer]

If we as Americans are reduced to eating bologna... euroweenies will eat dirt.

LLS

[PhilosopherStones]

The left is not only crazy, it is downright suicidal. I truly believe that lefties are filled with such self-loathing that they truly want to die. But they want to make sure that they drag us down with them. How else explain why they kowtow to those who would hurt them and spit on those who would help them?

[2ndDivisionVet]

Hey! I like bologna!

Since Lafayette, what has Europe done for us?

[Tublecane]

Remember when we funded both world wars for our allies? Those were the days.

[Tublecane]

“’It is not the failure of a bank, but the failure of a system,’ he opined.”

And that system is called the “Federal Reserve System.”

[1rudeboy]

In case you've forgotten there's a war on.

[BobbyT]

Sorry, but as long as a GOOD year for the eurotrash means stagnant growth and a glimpse at the possibility of dipping into single-digit unemployment, along with 2/3 our income, I’m not really interested in their thoughts on how to run anything.

When half your citizenry works for the Almighty State, and the “working poor” here are the envy of your middle class, you’re in no position to talk.

[LibLieSlayer]

I hear ya... don’t get me started... I need some sleep tonight!!! :-)

LLS

[biscuit jane]

! They are in a position to talk since WE are the ones doing all the heavy lifting while they sit in cafes discussing how WE should run OUR country to best benefit THEm.

And remember “French’s” mustard is YELLOW.