Obama’s Absurd Claim About Judaism – Commentary   Great response to Obama’s ridiculous statement. Obama may actually know “a lot less” about Judaism than any other President. But, in reality, this administration doesn’t care about how this appears, because they got their “soundbite” in the mainstream media!

Time Bomb? U.S. and European Banks Pressured to Buy Government Debt – CNBC   “US and European regulators are essentially forcing banks to buy up their own government’s debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says. Regulators are allowing banks to escape counting their country’s debt against capital requirements and loosening other rules to create a steady market for government bonds, the study says.”

Subpar Obama Recovery: 6.5 Million Jobs Below Average – Investor’s Business Daily   “Obama most recently has argued that Republicans are thwarting the recovery.  ‘We’ve got too many of my dear Republican friends in Congress that have been standing in the way of some steps that we could take that would make a difference at the moment,’ Obama said last week. But Obama got everything he wanted in terms of economic policy his first two years in office, when he had solid Democratic majorities in the House and Senate, including a massive stimulus, Cash for Clunkers, mortgage aid, Wall Street reform, ObamaCare and so on.”   More non-truths!

Only the ECB Can Save the Euro Now – Telegraph   “Events are fast moving beyond the control of policymakers. As Spain’s elder statesman, Felipe Gonzalez, has said, ‘we’re in a situration of total emergency, the worst crisis we have ever lived through’. Policy makers are like rabbits in the headlights, apparently unequal to the scale of the banking crisis in their midst. If something else doesn’t derail the single currency first, it will soon fall to popular insurgency.”

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