Posted on 05/07/2012 5:26:16 AM PDT by IbJensen
President Barack Obama congratulated French president-elect Francois Hollande for his victory Sunday, but warned of "challenges" ahead, a clear reference to Afghanistan and eurozone debt crisis.
The US president was among the first world leaders to welcome Hollande's election as France's first Socialist president in nearly two decades, a result sure to have major implications for Europe as it struggles to emerge from a financial crisis.
Obama invited Hollande for bilateral talks at the White House later this month ahead of a G8 leaders meeting he will host at his Camp David retreat in Maryland between May 18-19, and a NATO transatlantic alliance summit in Chicago on May 20-21.
In a telephone call, Obama "indicated that he looks forward to working closely with Mr Hollande and his government on a range of shared economic and security challenges," White House spokesman Jay Carney said in a statement.
Among the thorny issues the two leaders will have to address is the eurozone debt crisis, which Washington sees as a threat to its still-halting recovery after a grueling recession. Unemployment, which stood at five percent in early 2008, is now at 8.1 percent -- high for the United States.
Hollande says he wants to renegotiate the European Union's fiscal pact in order to complement its austerity rules with more targeted investment in jobs and growth.
His position stands in sharp contrast to that of Germany's Angela Merkel, the arch-defender of the austerity rules and deficit-cutting targets embedded in the fiscal pact.
But it echoes Obama's support for both growth and economic stability in Europe.
"If Europe is growing, then that benefits the US economy as well," Obama said in February.
(Excerpt) Read more at ca.news.yahoo.com ...
Birds of a feather gathering together.
Yep, one good Marxist to another.
Finally obama has an ally who can work with the US to subject their economy to globalist-directed redistribution, and withdraw from the world geopolitical stage, leaving behind islamic radicalism, Chinese economic neocolonialism, and nuclear proliferation in place of traditional western values
and blame all the results on their predeccssors
Welcome to the New World Order, peasants.
Hirohito and Hitler holding a summit.
12/21/12
Of course he did. They can celebrate Hollande’s victory. Then just to escape the drudgery of Washington District of Corruption, Obama can take him on a tour of his shovel ready job sites to show him just how he was able to bring the US back for the Great Recession. Since that would only take a couple of hou er— minutes — they could finish up with a few days in Aspen and Martha's Vineyard and Chicago to show Hollande how a real El Presidente lives.
Bet he`ll go back to France with promises of a ton of $$$$
Why not? He had the muslim brotherhood over a couple weeks ago.
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