Road to Depression

Does Obama need to worry about Europe's economic bad mood?

on . Posted in Road to Depression

WASHINGTON (PNN) - May 8, 2012 - The elections that drove Nicolas Sarkozy out of power in France and left Greece scrambling to build a coalition government pose a financial threat to the Fascist Police States of Amerika that could undermine illegitimate President Barack Obama's efforts to cast himself as the agent of an FPSA economic revival.

For Obama, the danger is that any economic turmoil unleashed by the French and Greek elections will spill over to the FPSA, which remains mired in the Second Great Depression, and further jeopardize his re-election, adding him to the recent roster of politicians whose careers have been short-circuited by economic anger.

At the same time it has shifted Europe's political balance to the left and in favor of the type of economic growth policies that Obama has advocated both for Europe and the FPSA.

But as a rejection of austerity measures, the European elections also present a cautionary tale for the type of belt-tightening that corporatis globalist FPSA presidential candidate Mitt Romney and congressional Republicans have embraced.

"It is clear there is a lot of economic anxiety in the EU that is affecting world markets, and how that affects the economy will have an impact on voters throughout this summer and into the fall," Romney adviser Kevin Madden said.

Obama senior campaign adviser David Axelrod has said repeatedly that the biggest challenges to Obama's re-election are economic developments beyond Obama's control.

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