Obama Administration: Keep Greece in Eurozone Until After Election
Posted by Jim Hoft on Friday, August 24, 2012, 9:37 AM
It’s all about Barack.
The Obama Administration urged the Eurozone to keep Greece into the union until after the US elections.
The Belfast Telegraph reported:
The Obama administration will pressure European governments not to let Greece fall out of the eurozone before November’s Presidential elections, British Government sources have suggested.
Representatives from the International Monetary Fund, the European Central Bank and the European Commission are due to arrive in Athens next month to assess Greece’s reform efforts.
They are expected to report in time for an 8 October meeting of eurozone finance ministers which will decide on whether to disburse Greece’s next €31bn aid tranche, promised under the terms of the bailout for the country.
American officials are understood to be worried that if they decide Greece has not done enough to meet its deficit targets and withhold the money, it would automatically trigger Greece’s exit from the eurozone weeks before the Presidential election on 6 November.
They are urging eurozone Governments to hold off from taking any drastic action before then – fearing that the resulting market destabilisation could damage President Obama’s re-election prospects. European leaders are thought to be sympathetic to the lobbying fearing that, under pressure from his party lin Congress, Mitt Romney would be a more isolationist president than Mr Obama.
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olm commented:
OMG! Obama disgusts me.
Besides that disgust, he is joke. He diminishes the power and stature of the US on the world stage then expects that Europe would listen to his tantrum about his election.
Good luck with that Baby Obama.
Warthog commented:
Come on you Germans, prop up those deadbeat Greeks just another three months! Obama is counting on you! You wouldn’t want to let the first World President down, would you?
(Stooopid Germans…)
listingstarboard commented:
A robust US economy would revive the Eurozone , all the US needs is freedom to develop its own energy sources. So whats it going to be EU? Cut your noses off to spite your faces and do Obamas bidding?
NeoKong commented:
I wonder who is paying for that.
LL commented:
The great narcissist has spoken!
David commented:
1. Print even more money to keep Greece in the euro
2. Let Iran acquire nuclear weapons
3. Run a $1.4 trillion annual deficit while spending time campaigning
4. Don’t bother with a budget
5. Don’t bother with tax or entitlement reform
valerie commented:
I just have to wonder: are the Europeans amused by this?
mg4us commented:
The Europeans need to know that if they help prop Obama and Romney wins, there WILL BE A PRICE TO PAY for crony politics.
A strong Eurozone and US Economy is what’s needed along with reforms not funny money and phony politics.
Blue Hen commented:
So the dear leader is interfering with the economic fate of the EU in order to save his hide. Is this an example of “legitimate rape”?
JimR commented:
So how much crap will fall apart in mid November because Obama convinced someone to wait that long before dropping a turd? Everything drops and either Obama is okay with it and the media ignores it, or Obama says all the turmoil is the result an impending Romney presidency. Win-win for the left’s tacticians, lose-lose for the rest of us.
stuart commented:
The Europeans will likely comply. King George (Soros) has spoken.
Cactus commented:
Good gravy, that’s a scary photo.
Jackosan commented:
Slow Joe Biden just made a speech about how Obama NEEEVER does anything for political reasons.
Joe……. was not available for comment.
JoeyDG commented:
LOL You can’t have it both ways: either Romney pioneered out-sourcing or he’s a national isolationist.
“They are urging eurozone Governments to hold off from taking any drastic action before then – fearing that the resulting market destabilisation could damage President Obama’s re-election prospects. European leaders are thought to be sympathetic to the lobbying fearing that, under pressure from his party lin Congress, Mitt Romney would be a more isolationist president than Mr Obama.”
How about this: Mitt Romney didn’t outsource as a business leader, but does appreciate foreign relations and free trade.
Beach Boys commented:
Wouldn’t it be nice?
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