Here’s my question to you:
Note to the United States from Germany: Mind your own business.
Can't really blame them. President Obama, the owner of a $14 trillion national debt and $1 trillion plus annual deficits, scolded European leaders for letting the Greek debt crisis get out of hand.
Mr. Obama said that Europe's financial crisis is "scaring the world."
Germany's finance minister pushed back, saying "it's always much easier to give advice to others than to decide for yourself. I am well prepared to give advice to the U.S. government." Ouch.
But he's got a point. The United States hardly presents a picture of fiscal soundness.
We're facing unsustainable $1 trillion plus annual deficits and a $14 trillion national debt. So far, no one in the government has been serious about doing anything meaningful about either one.
There's also the president's $447 billion jobs program. It's going nowhere fast. Senate Majority Leader Harry Reid, a fellow Democrat, says the Senate won't even take up the bill until they come back from this week's recess. Reid says, "we'll get to that."
Meanwhile, Treasury Secretary Tim Geithner spent the last three weekends travelling around Europe meeting with their leaders and telling them how to conduct their affairs. It's no wonder he was given the cold shoulder on several of his stops.
Granted in today's global economy, what happens in Europe greatly affects us here in the U.S. - but there's an old saying: "Let he who is without sin cast the first stone."
Here’s my question to you: Does the U.S. have any business telling Europe how to fix its financial troubles?
Interested to know which ones made it on air?
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