Global Nonsense

To some extent, President Obama’s encounter with European leaders reminds me of the old Soviet Union era joke: “they pretend to pay us; we pretend to work.” In this instance, Europe’s key leaders will pretend to provide meaningful new support to our efforts in Afghanistan and the U.S. will pretend to back the new, more highly regulated economic regime that key European leaders were insisting upon.

via Power Line – Global regulation without the “global regulator”?.

That was pretty much my impression as well.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: