GordonGecko
President
No, not any "official statement"....but what do you think was actually going on in that perfectly coiffed noggin of his???
No, not any "official statement"....but what do you think was actually going on in that perfectly coiffed noggin of his???
I'd guess Romney's concerns might center on whether the recent agreement the EU made to limit EU member annual budget deficits to 2% of GDP, to limit total debt/GDP at no more than 60% holds or is renegotiated (Hollande campaigned on a pledge to renegotiate.)
And, that the US financial sector's exposure to EU fiscal problems is estimated to be ~$2.7 trillion in loans to French and German banks--whose banks loaned extensively to the weak men of Europe. A bank failure in France or Germany could trigger derivative obligations designed to mitigate risk and it might be deja vu all over again.
As a side note, some of these derivatives are playing a substantial negative role in the current budget crises of the weak men.
Actually, ARM...I'm thinking HE is thinking he'd rather not become a "Sarkozy" if elected and see himself become a one-term President in 2016.
Which means eschewing the fiscal cons once in office, even if that means going "Read My Lips" on the Right.
If the politicians serving the masters of the universe learned anything from the Brothers Lehman--it's too big to fail means too big to fail.
If Romney wins, the Right here should remember a VERY important historical phrase--
"Read my lips"![]()
Mutt Romney is clueless about foreign policy...He would just issue a statement that the Karl Rove types wrote for him....Probably throw in some French bashing to appease the Right Wing types