Czech PM attacks Obama spending

This is exactly what I have been trying to tell people, it is the worst way to fix our economy and guarantees big problems.
clipped from

Czech PM attacks Obama spending


Czech prime minister says US plans are ‘a way to hell’

The Czech prime minister has condemned US President Barack Obama’s economic recovery plans as “a way to hell”.

Mirek Topolanek was speaking in the European Parliament, in his capacity as current holder of the EU presidency.

Hours before his remarks, President Obama appealed for all countries to bear the burden of spending to stimulate the world economy.

Mr Topolanek said the biggest success of last week’s EU summit was its refusal to copy the US example.

“We need to read the history books and the lessons of history and the biggest success of the (EU) is the refusal to go this way,” he said.

Mr Topolanek, whose government collapsed last night in a Czech parliament vote of no-confidence, said the United States was not taking “the right path”.

When the US president turns up for the EU summit in Prague, whose hand will he shake?

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