Posted on 06/30/2010 6:44:34 PM PDT by Nachum
At last week's G-20 meeting, President Barack Obama achieved a two-fer. He suffered a significant international defeat, and he increased the chances his party will suffer a major domestic one this fall.
Mr. Obama's international defeat was self-inflicted. He went to Toronto to press other major nations to do as he has done: Expand government spending, or suffer, in the president's words, "renewed economic hardship and recession."
Canada, Germany, Great Britain and most other countries declined Mr. Obama's invitation. The German economic minister "urgently" prodded America to cut spending at a press conference on June 21, prior to the G-20 meeting. The president of the European central bank took direct aim at Mr. Obama's argument, telling the Italian newspaper La Repubblica on June 16 that "the idea that austerity measures could trigger stagnation is incorrect."
(Excerpt) Read more at online.wsj.com ...
and maybe some more Greek columns..... /0d0rk0
Shut up, Rove. Your boss sucked on spending too.
The current crazed spending-poodle increases debt on purpose to bankrupt the nation.
Its hard for me to believe, but I continue to be amazed at our media’s willingness to overlook any news unflattering to the Kenyan buffoon.
....Stonewalls comments have been self censured for abusive language directed towards the President.
Which also tends to avoid visits by the Secret Service. :)
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