This would be a lot more funny than it already is if it weren't true!
http://blogs.telegraph.co.uk/news/ni...O27O-Nr4.email
To quote:
"It is rather ironic that
Barack Obama, who has probably done more damage to the American economy that any president in modern US history, is now lecturing European leaders on their financial problems as well. The
Obama administration’s track record of out-of-control government spending and borrowing, a $1.3 trillion budget deficit (the largest since World War Two), combined with mammoth bailouts,
has been nothing short of disastrous. 14 million Americans are out of work, the housing market is in a state of collapse, and job growth is practically non-existent outside of the Washington Beltway. And
the advice his flailing government is now giving across the Atlantic will inevitably prolong the huge economic turmoil in Europe, rather than help bring it to an end."
Its a STUPID PLAN, as defined by the socialist Germans (who are loved and respected by some in this forum):
http://www.telegraph.co.uk/finance/f...scue-fund.html
But don't worry. Taxing the rich will fix all of this!