Posted on 06/08/2012 11:57:26 PM PDT by 2ndDivisionVet
President Barack Obama, beset by a faltering economic recovery five months before he seeks re-election, said on Friday European leaders must act urgently to resolve the region's financial crisis and stem the threat of recession.
Obama said decisions about how to solve the euro zone crisis were fundamentally in the hands of Europe's leaders and their political commitment would be a "strong step." He was speaking a week after a dismal U.S. jobs report heightened concerns about the impact of Europe's crisis on U.S. growth.
"They understand the seriousness of the situation and the urgent need to act," Obama told a news conference.
"What we can do is to prod, advise, suggest, but ultimately they're going to have to make these decisions," he added, noting that U.S. solutions to the 2008-09 economic and financial crisis should inspire Europe....
(Excerpt) Read more at in.reuters.com ...
....we’re screwed aren’t we?
Who is coaching this amateur?!
Yup!....”Helicopter Ben” and “Turbotax Timmy” are working on the matter as we speak....the only way out with “fiat money” is MORE of it!
Now they dont have to hide the American tax payer stimulous money that went to bail euro out they can just give it to them outright
According to this article, Obama and the new socialist French president are ‘pro-growth’ in contrast to that nasty Merkel’s being for ‘strick austerity’.
He hasn’t got a clue.
>>> Obama said decisions about how to solve the euro zone crisis were fundamentally in the hands of Europe’s leaders ...
This shows Obama said something that is totally meaningless all the time.
Maybe if he speaks in Austrian, it will help Europeans understand better and fall in line with Obama’s wishes.
Bullcrap. Obama knows exactly what he’s doing.
The main reason I stopped watching TV in 1993 was that I expected that with a Democrat president (Clinton) news coverage would include Republican congressmen and senators being asked for their comments. Democrats pretty much were given exclusive access to criticize Republican administrations.
Silly me. The Dem regulars were now featured to explain and excuse the Administration's actions.
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