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.

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