Free Republic

E.U. President Calls U.S. Stimulus ‘Way to Hell’ By STEPHEN CASTLE and DAN BILEFSKY BRUSSELS — Transatlantic tension over the handling of the global economic crisis intensified on Wednesday when the prime minister of the Czech Republic, which holds the European Union presidency, described the U. S. stimulus measures as the “way to hell.” Addressing the European Parliament in Strasbourg, France, Prime Minister Mirek Topolanek argued that the Obama administration’s fiscal package and financial bailout “will undermine the stability of the global financial market.” Mr. Topolanek’s comments, only a day after he offered his government’s resignation following a no confidence...