Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

US won't send checks to Europe: Romney
Yahoo ^

Posted on 06/18/2012 4:48:15 AM PDT by wolfman23601

The United States will not bail out European countries if the eurozone economy falls apart under a spiraling debt crisis, Republican White House hopeful Mitt Romney said Sunday.

(Full article at link)

(Excerpt) Read more at ca.news.yahoo.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: 2012; europe
This is good news. Need to hold his feet to the fire. I would still like to know who he will support if all hell breaks loose.
1 posted on 06/18/2012 4:48:19 AM PDT by wolfman23601
[ Post Reply | Private Reply | View Replies]

To: wolfman23601

Did he happen to say the federal reserve won’t send checks either?


2 posted on 06/18/2012 4:51:17 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: wolfman23601

but he’ll still send money to the IMF, which in turn will send money through the ECB to individual European country’s central banks. The ECB acts more like our FOMC than the Fed itself, with the balance sheets of the individual nation central banks getting rolled up into the ECB’s balance sheet.

Plenty of room for waffling and misdirection before this one’s over. And nobody waffles and misdirects better than the French, who act with long arms in this instance because if Merkle gets her way, Brussels controls individual country budgets. That means the plan is for financial technocrats to be the ones who stand up to the unions in France, Italy and Spain and says “non!”, giving the elected officials political cover.

“No reason to get excited, the thief he kindly spoke...”


3 posted on 06/18/2012 5:53:42 AM PDT by ameribbean expat
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat
"but he’ll still send money to the IMF"

Exactly. And it's already been done. There was a story about a month ago where the IMF tossed another 100 billion at one of the PIIGS. I have no doubt that was courtesy of the US taxpayer. And the media hardly mentioned it. Imagine!

Click the Gadsden flag for pro-gun resources!

4 posted on 06/18/2012 6:11:02 AM PDT by Joe Brower (Sheep have three speeds: "graze", "stampede" and "cower".)
[ Post Reply | Private Reply | To 3 | View Replies]

To: cripplecreek

So the Fed obeys Romney? He will soon get a talking too.


5 posted on 06/18/2012 6:11:02 AM PDT by Lets Roll NOW (A baby isn't a punishment, Obama is)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Lets Roll NOW

LOL I knew it wouldn’t be long before someone would be along to declare the fed to be a private institution.


6 posted on 06/18/2012 6:16:03 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
[ Post Reply | Private Reply | To 5 | View Replies]

To: wolfman23601
US won't send checks to Europe: Romney

Cash.....maybe.....but definitely, no checks.

7 posted on 06/18/2012 6:52:06 AM PDT by Roccus
[ Post Reply | Private Reply | To 1 | View Replies]

To: wolfman23601

“This is the 21st Century. We use electronic debits now.”


8 posted on 06/18/2012 7:25:24 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson