No U.S. Leadership In Today's European Financial Crisis

Barack Obama Is An Irrelevance When It Comes To The European Financial Crisis -- Niles Gardiner

There was a time when US presidents showed real leadership in Europe – think of Ronald Reagan’s magnificent “tear down this wall” speech in Berlin in 1987 for example, standing up to the Soviet Empire in the defence of freedom. With Europe facing its biggest financial crisis since the 1930s, today might be another moment when a US president could stand with European allies while projecting American strength and leadership at a time of great fear and uncertainty.

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My Comment: In my life time this is the first time that I have seen the U.S. absent in a European crisis. Leadership .... totally absent. But he is not the only to blame .... the Congress, US media, academia .... no one sees the disaster that is unfolding, and worse .... give the impression that they do not even care. But then again .... lets face it .... the US is just as broke as Europe.

Update #1: Obama to EU: Take Decisive Action on Debt -- FOX News
Update #2: US will not help pay for Europe's debt woes -- AP
Update #3: Euro summit shows Obama's desperation -- CBS