President of the EU Calls Out Obama’s Spending and Budgetary Plans as a ‘Road to Hell’
What have we conservatives been saying this entire time? His spending, power grabs, budget deficits – will destroy the future of this country and put future generations on the road to serfdom.
It was unfortunate for us, as conservatives, that we had someone in office the last 8 years, who considered himself as such. A “compassionate conservative” is not a conservative, as many of us learned. George Bush did many things right, but he also did many things wrong, and I for one, being a libertarian (more so) and a staunch fiscal conservative, was very disappointed in his reckless spending habits. This puts us in a bad light because it takes away our credibility as a party when arguing for fiscal restraint and responsibility. However, the more we speak up and get louder and get those of us back on the path of principle and constitutionality, the better we will be as a party and in 2010.
The funniest part of this budgetary and monetary nightmare happens to be the outcries from across the pond! I guess I could say across the world as well, since China, a communist country, has even come out against Obama’s spending plans. Socialist and Communist countries are in an uproar with our spending habits and our creation of “monopoly” money, so much so, they are calling us out on it and are meeting to discuss dropping the dollar. Something that Geithner accidentally found himself agreeing with (along w/ Bernake) when interrogated by the lovely Michele Bachmann yesterday. Geithner is now sticking to that statement and we have seen what has happened to the dollar and the market since his statements today.
The president of the European Union slammed President Barack Obama’s plans to have the U.S. spend its way out of recession as “a road to hell,” underscoring European differences with Washington ahead of a crucial summit next week on fixing the world economy.
This is why I was so ecstatic to hear that Topolanek (Czech Republic), would be the new president of the EU. The EU has been creeping to the right, many countries are calling for more capitalist societies and are stating that complete socialism does not work. Topolanek is the most conservative leader the EU has had to date.
European governments, led by France and Germany, say the focus should be on tighter financial regulation, while the U.S. is pushing for larger economic stimulus plans — but nobody has so far escalated the rhetoric to such strident levels.
Topolanek’s remarks are the strongest criticism so far from a European leader as the 27-nation bloc sticks to its position that its member countries are already spending enough to stimulate demand.
