Posted on 06/08/2012 6:47:21 PM PDT by Hojczyk
US President Barack Obama has demanded that European leaders act “right now” as ministers in Brussels deliberate over whether to impose a bail-out on Spanish banks.
In Madrid, Berlin and Brussels officials denied that a rescue plan for Spanish banks was ready to launch this weekend, but Mr Obama blew their cover. “The focus must be on strengthening the banks, like we did in 2008,” he said. “EU leaders are in discussions about that and they are going in the right direction.”
At the White House Mr Obama said: “The sooner [leaders] act, the more decisive and concrete their action, the sooner people and markets will regain some confidence.”
Predicting a prickly reaction, Mr Obama said America was “not scolding” European leaders. “We can prod, advise but only they can make decisions,” he said. But his criticism of Germany’s handling of the crisis was unbridled: “If you are engaging in austerity too quickly, it makes it harder to pay off your debts. Markets respond... if you’re contracting, they bet you’re not going to pay off your debts.” After a bank bail-out, a proper plan for growth is needed, he said.
(Excerpt) Read more at telegraph.co.uk ...
There is no country on earth whose leader respects the Obamadork.
None.
Whatsoever.
Obama, shove it....they’re all thinkin’ it.
I’m sayin’ it.
Shove it far and often.
Tell me when you find your head, Obamahole.
Can’t we send Mr. Hopium to the EU for the next six months to speechify them into shape?
What an arrogant piece of crap.
Spending less (austerity) is the quickest way to get deeper into debt. On the other hand, if you want to balance your budgets and recapitalize your banks, the best strategy is to spend a lot of money you don't have.
Sometimes I almost think they believe this.
I believe you have just accurately, and in detail, described Zer0’s “Lead from Behind” protocol.
Yeah, and look how the U.S. economy came roaring back after that.
There is no country on earth whose leader respects the Obamadork.
None.
Whatsoever.
Obama, shove it....they’re all thinkin’ it.
I’m sayin’ it.
Shove it far and often.
Tell me when you find your head, Obamahole.
Extremely well said!
Obama is one putrid bastard.
No one listens to him. World leaders started laughing at him on day one and haven’t stopped since.
I think the only ones that pay attention to the Food Stamp President are the queers, freaks, perverts, and Hollywood losers that he panders to.
Thanks Hojczyk.
“US President Barack Obama has demanded ...”
“Demand, DEMAND”!!??... LOL. That boy is pissin’ in the wind.
Haven’t checked yet — but the Comment secion on this telegraph article ought to be priceless. On my way over there now.
It’s bad enough when he demands Congress do this or that, but who is he to demand anything of Europe, especially since they are our allies?
The Europeans made him think he was President Of The World back in 2008 and 2009 by fawning all over him.
So let them live with his self righteous idiocy like we have had to do.
Impose a bailout? Interesting language...
Like our pos president has the first clue about economics. But to many idiots he sure sounds like he does
Pissin’ at his own face level to boot.
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.
