Spiegel: Obama's Euro-Crisis Lecture Is 'Pitiful and Sad' :: Political News and commentaries

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September 29, 2011

Spiegel: Obama's Euro-Crisis Lecture Is 'Pitiful and Sad'

Topics: Political News and commentaries

The word from Berlin is that the Europeans are totally unimpressed with Obama's slamming of the Europeans at an event in Mountain View, California on Monday.

And one would think that even the most adoring of Obama supporters will have to admit that the Europeans indeed have a very good point:

US President Obama has given the Europeans a harsh lecture on the dangers of their ongoing debt crisis. Offended by the unsolicited advice, Europeans have suggested the US get its own house in order first. Obama's remarks were "arrogant" and "absurd," German commentators say on Wednesday.

[...] "Obama's lecture on the euro crisis ... is overbearing, arrogant and absurd. ... In a nutshell, he is claiming that Europe is to blame for the current financial crisis, which is 'scaring the world.' Excuse me?"

"The American president seems to have forgotten a few details. The most important trigger of the financial and economic crisis was US banks and their insane real-estate dealings. The US is still piling up debt ... The American congress is crippled by a battle between the right and the left. The banks are gambling just as recklessly as they did before the crisis. The president's scolding is a pathetic attempt to distract attention from his own failures. How embarrassing."

[...] "Dark clouds have gathered over the American president. The gloomy state of the economy is putting a dampener on Obama's future prospects. The optimism of the past is gone, replaced by a cheap search for a scapegoat."

"Obama thinks he has found one. He blames the Europeans for reacting too late to the debt crisis. We Europeans are apparently taking on too little new debt to get out of the crisis. But we are already feeling the wonderful effects of borrowing too much money."

Seems like many Europeans are doing a better job of figuring out our president than those naive, uninformed, and intellectually blind and/or ideologically leftist Americans that still support him.

Posted by Hyscience at September 29, 2011 12:33 PM

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