“Obama’s lecture on the euro crisis … is overbearing, arrogant and absurd.”

Italy, Spain, Portugal, Ireland, and Greece are all vulnerable to default

Europeans are underwhelmed with the latest Obama Drama. With the sanctimonious attitude of a faux professor, Obama lectured Europeans on the importance of restoring fiscal responsibility to the European Union.

As humorous as it sounds, the Europeans found nothing to laugh about; in fact, they are insulted and indignant over the presumption of a profligate wastrel like Obama lecturing anyone concerning fiscal responsibility.

In California on Monday the 26th Obama warned the Europeans about their debt, stating that the European inaction was:

scaring the world. (That they)…have not fully healed from the crisis back in 2007 and never fully dealt with all the challenges that their banking system faced. It’s now being compounded by what’s happening in Greece. They’re going through a financial crisis that is scaring the world, and they’re trying to take responsible actions, but those actions haven’t been quite as quick as they need to be.

(more…)

September 28, 2011 | Categories: 2012 Election, Balanced Budget, Class Warfare, Cloward and Piven Strategy, Corruption in Government, Deficit, Economic Security, Economic Terrorism, Education, Elections Politics, Employer Uncertainty, Energy and Oil, EU Affairs, Excessive Government Spending, Federal Reserve Bank, Foreign Insurrection, Foreign Oil, Foreign Policy, Foreign Trade, Fuel Prices, Government, Government Regulations, GSE, Healthcare, Human Rights, International News, Jobs, Learn from History, Liberal Scare Tactics, Liberals Big Spending and Taxes, Manufactured Crisis, Media Corruption, National Debt, National Security, Politically Intentioned Crisis, Politics, POTUS Deception, POTUS Elibility Issue, Propaganda, Public Sector (Government), TEA Taxed Enough Already, The Economy, Unemployment | Tags: EU economy, euro crisis, Germany, Greece, Ireland, Italy, LAME DUCK PRESIDENT, lectures EU States, Obama, Obama Drama, Obama overbearing arrogant and absurd, politics, sanctimonious law faux professor, Spain, vulnerable to default, world economy | 1 Comment »