Friday, January 20, 2012

EU Soveriegn Debt Crisis In Terms Of Fortress DC & Euro!

European Central Bank to Recover Most of Its Lehman Loans - NYTimes.com

My response to the news article in the above link follows:
Maybe somewhere in this article is a clue to what happened to the European Union's equivalent to Americas Lehman trauma. Could it be there's some problem at European Central Bank or the Bundesbank, or is it Societe General? Crawling out of Depression 2.0 with some new cold war looming imminently on the horizon, I don't know what to think. What I do know is President Obama has placed the US in such an excellent position, that there's a level playing field for America in the global arena. I'm tired of the old way when Europeans would posture there is no culture in the US, conspiring with an envious group of nations publicly or privately to get what we have. The American Dream is still very real!