President Barack Obama on Tuesday urged European countries and bondholders to prevent a "disastrous" default by Greece and pledged U.S. support to help tackle the country's debt crisis. After a meeting with German Chancellor Angela Merkel, he stressed the importance of German "leadership" on the issue - a hint that he expects Berlin to help - while expressing sympathy for the political difficulties European Union countries face in helping a struggling member state.
"I'm confident that Germany's leadership, along with other key actors in Europe, will help us arrive at a path for Greece to return to growth, for this debt to become more manageable," Obama said.
"But it's going to require some patience and some time. And we have pledged to cooperate fully in working through these issues, both on a bilateral basis but also through international and financial institutions like the IMF."
A proposal for a second Greek bailout package worth 80 bihttp://www.blogger.com/img/blank.gifllion to 100 billion euros over three years was taking shape, euro zone sources said.
But wait, there is more. Last time, he threw Israel under the bus in favor of the terrorists at Hamas. Now, it is Britain's turn again:
President Obama was effusive in his praise for the Special Relationship when he visited London recently, but his administration continues to slap Britain in the face over the highly sensitive Falklands issue. Washington signed on to a “draft declaration on the question of the Malvinas Islands” passed by unanimous consent by the General Assembly of the Organisation of American States (OAS) at its meeting in San Salvador yesterday, an issue which had been heavily pushed by Argentina. In doing so, the United States sided not only with Buenos Aires, but also with a number of anti-American regimes including Hugo Chavez’s Venezuela and Daniel Ortega’s Nicaragua.
They say you can be judged by the company you keep. Let's see: Obama hearts Hamas, the Muslim Brotherhood, Ajad, Hugo Chavez, and Daniel Ortega--all murderous thugs. Hmmmm.....