European Debt Crisis Discussed At Camp David...
by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny As President Obama is hosting a summit with G8 leaders at Camp David this weekend to discuss nothing less than "economic growth" I couldn't help feeling just a bit cynical. it's probably just me, nonetheless being the skeptic has become normal for me over the last eight years. I mean there are these, just a few select examples from yesterday's The New York Tines ... Leaders of the world’s richest countries banded together on Saturday to press Germany to back more pro-growth policies to halt the deepening debt crisis in Europe , as President Obama for the first time gained widespread support for his argument that Europe, and the United States by extension, cannot afford Chancellor Angela Merkel’s one-size-fits-all approach emphasizing austerity. So, what the other leaders are really going to do is to pressure Germany's Chancellor to fully adopt the Keynesian economics that apparently all socia...