Wednesday, March 25, 2009

European Union President Calls Obama's Stimulus Plan a ' road to hell '


You want to know the definition of a Socialist? Well, when a member of the European Union, let alone the President of it, calls your economic plan "a road to hell" then you ARE a socialist. So President Barack Hussein Obama has officially been designated a socialist! Whew! It's finally out there. Haha. But seriously, Czech Prime Minister Mirek Topolanek, who is acting President of the European Union actually said that about Obama's stimulus plan for the U.S. economy. Now a bunch of European leaders think he went too far in those words but I just emailed them all and let them know that Obama isn't the kind of man to stick up for himself or his country so they have nothing to worry about. Here's some of the details of what happened from the story at Breitbart:


The head of the European Union slammed President Barack Obama's plan to spend nearly $2 trillion to push the U.S. economy out of recession as "the road to hell" that EU governments must avoid.
The blunt comments by Czech Prime Minister Mirek Topolanek to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy.

It was the strongest pushback yet from a European leader as the 27-nation bloc bristles from U.S. criticism that it is not spending enough to stimulate demand.
Shocked by the outburst, other European politicians went into damage control mode, with some reproaching the Czech leader for his language and others reaffirming their good diplomatic ties with the United States. The leaders of EU's major nations—France, Britain and Germany, among others—largely ignored Topolanek and his remarks.
I think at this time there is a full spectrum of emotions going on with European leaders in regards to Obama - I'm sure some of them secretly want the U.S. to go down in flames, I'm sure there are others who are legitimately fearful that their main protector may falter and there's other I would guess that would love to welcome America into the fold of socialist states. And then you have one like the Czech leader who simply knows an idiot when he sees one.


EU presidency: US stimulus is 'the road to hell'

It was the strongest pushback yet from a European leader as the 27-nation bloc bristles from U.S. criticism that it is not spending enough to stimulate demand.
Shocked by the outburst, other European politicians went into damage control mode, with some reproaching the Czech leader for his language and others reaffirming their good diplomatic ties with the United States. The leaders of EU's major nations—France, Britain and Germany, among others—largely ignored Topolanek and his remarks.
Obama pays his first official visit to Europe next week, aiming to thrash out reforms to the global financial system with the Group of 20 nations and call on NATO allies to commit more troops to the U.S. war in Afghanistan.
Europeans leaders hope the new U.S. administration will agree with them on tightening oversight over the global financial system—which they see as crucial to fixing the global economy.
Instead, the United States is focusing its efforts on economic stimulus and plans to spend heavily to try and lift itself out of recession with a $787 billion plan of tax rebates, health and welfare benefits, as well as extra energy and infrastructure spending.
To encourage banks to lend again, the U.S. government will also pump $1 trillion into the financial system by buying up treasury bonds and mortgage securities in an effort to clear some of the "toxic assets"—devalued and untradeable assets—from banks' balance sheets.
Obama insisted Tuesday that his massive budget proposal will put the ailing U.S. economy back on its feet. "This budget is inseparable from this recovery," he said, "because it is what lays the foundation for a secure and lasting prosperity."
But Topolanek took aim at Washington's deficit spending.
"All of these steps, these combinations and permanency is the road to hell," Topolanek said. "We need to read the history books and the lessons of history and the biggest success of the (EU) is the refusal to go this way."
"Americans will need liquidity to finance all their measures and they will balance this with the sale of their bonds but this will undermine the liquidity of the global financial market," Topolanek said.
Topolanek spoke the day after he was ousted by his own parliament. The Czech Republic currently holds the six-month rotating EU presidency but its leadership is in question, with Topolanek hanging on to a caretaker government at home after losing a "no confidence" Tuesday.
In Washington, State Department spokesman Gordon Duguid said he did not expect the Czech poltical turmoil to affect Obama's upcoming trip to Prague because the president was traveling to attend an EU event.

3 comments:

Anonymous said...

Czech Prime Minister Mirek Topolanek has repeatedly shown that he is more 'american' than anyone in Obama's cabinet.

Europe, UK, and Obama all are liliputians compared to Topolanek. Stupid nacicistic punks.

Will the west be re-invigorated and survive, and maybe even be led, by this capable and charasmatic Czech?

Churchill. Reagan. And now... Topolanek?

Anonymous said...

Every day Obama does something destructive.

About every week, Mirek Topolanek speaks some plain truth. Week after week. What a stud.

Holger Awakens said...

sofa,

Topolanek is the real deal - you are exactly right in that he talks about personal liberties MORE than the leader of the country that invented liberty.

Perhaps someone like Topolanek views the freedom his people realized in ending their oppression from the Soviets a helluva lot more than our leader apparently values the freedome that we Americans earned over 200 years ago.

:Holger Danske