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Posts Tagged ‘Debt Crisis’

Obama pushed 1 Trillion European Bailout

by Phantom Ace ( 196 Comments › )
Filed under Barack Obama, Europe, France, Germany, Liberal Fascism, Progressives, Tranzis at May 11th, 2010 - 10:17 am

Barack Hussein Obama is living the dream of 3rd World Liberation Ideologues. He has thrown all traditional US allies under the bus and has cozied up to Islamic nations. He is fulfilling Che Guevara’s dream of a triumphant 3rd World and a New Global Order where the 1st world is subservient.  Over the weekend, President Hussein again showed his Tranzi Progressive colors. He pressured Germany to come up with a 1 Trillion Dollar bailout of Greece. The question I have is where is this money coming from? More debt to get out of debt is madness. It doesn’t matter, Obama is pursuing his Cloward-Piven strategy to collapse the 1st World.

PARIS — President Obama had just flown into Hampton, Va., Sunday morning to deliver a commencement address. But before he donned his silky academic robes, he was on the phone with Chancellor Angela Merkel of Germany, offering urgent advice — and some not so subtle prodding — that Europe needed to try something big.

Weeks of hesitant half-steps to address Greece’s debt problems had only worsened market worries about the euro, and were threatening the still-fragile economic recoveries in the United States and Asia. Now, Mr. Obama told Mrs. Merkel that the Europeans needed an overwhelming financial rescue to end speculation that the euro — and European unity — could crumble.

“He was trying to convey that he knew these were politically difficult steps that the leaders there had to take, that he had gone through them as well,” said one senior administration official familiar with the conversation. “And that, from his experience, trying to get out ahead as much as possible was the right way to go.”

Read the rest: Debt Aid Package for Europe Took Nudge From Washington

The 1 Trillion aid package is now considered not enough as other European nations are on the edge as well. The question I have is who is Barack Hussein Obama to tell the Europeans what to do? He views all American allies as vassal states of some Transnationalist system that must heed his demands. He clearly views himself beyond President of the United States and instead the leader of some Global Community. He bullies our allies while he appeases our enemies. This is Tranzi Progressivism in action.