Wednesday, March 25, 2009

EU President: Obama Policies Put US On Way to Hell

(FOX News).The Czech head of the European Union presidency says the U.S. economic rescue plans are "a way to hell."

Prime Minister Mirek Topolanek says the Obama administration's stimulus package and financial bailout "will undermine the stability of the global financial market."

One day after he offered the resignation of his government, Topolanek took the EU presidency on a collision course with Washington over the economic options to solve the world economic crisis. Many EU nations favor regulation over more bailout efforts.

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"A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty" (Churchill)