Tuesday, September 27, 2011

Europe Really DIDN'T Like Tim's Visit

Another news item that seemed to have came an went was Geithner's visit to Europe to advise them as to what they should do. It seems at least the German's are still chaffed.

German Finance Minister says the following:



*SCHAEUBLE SAYS `WILL NOT SPEND OUR WAY' OUT OF CRISIS
*SCHAEUBLE SAYS `SOLIDARITY HAS LIMITS,' REQUIRES RETURN EFFORTS
*SCHAEUBLE SAYS `IMMEDIATE FISCAL REFORMS ARE OF THE ESSENCE'

several rebukes of US economic policy and more directly to Geithner...


*SCHAEUBLE SAYS EASIER TO GIVE ADVICE THAN TAKE IT!!!
*SCHAEUBLE SAYS INCREASING EFSF WOULD DAMAGE SOME AAA RATINGS



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