Wednesday, May 12, 2010

Now Obama Giving Orders to Spain

First came word that President Obama put in the calls to European leaders, including Angela Merkel and Nicolas Sarkozy urging them to bailout the PIIGS.

Now comes word that yesterday he called Prime Minister Jose Luis Rodriguez Zapatero to discuss the importance of 'resolute action' by Spain.

White House spokesman Robert Gibbs said Spain was 'one of the countries that ... because of some of their problems, need to undertake reforms that the prime minister is starting to work through.'

It's all about the banksters Senator Richard Shelby pretty much told reporters following a closed-door briefing by the Federal Reserve chief, Shelby said: 'Chairman Bernanke explained what was going on in Europe, it was basically a European problem but with ramifications, probably, on a lot of our banks and our banking system if there was no intervention.'



  1. Obama is calling heads of state on financial matters?

    This entire situation just gets more creepy as time passes.

  2. What leverage does Obama have when he makes these kinds of demands?