President Barack Obama Message Board

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Politics : President Barack Obama

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To: ChinuSFO who wrote (74147)	5/10/2010 11:31:31 AM
From: tejek	Read Replies (1) of 149317

I agree that the Obama recovery has been put on track, at least for now and for as long as no other PIIGs slide. I am keeping an eye on Portugal since Spain is strong enough economically to address their situation. What you said is all well and good but I think you may be undervaluing what happened this weekend. Now only did the EU decide to take a strong stand behind the Euro but the European Central bank which heretofore had been dragging its feet, pulled a Bernanke and said it would stand strongly behind the PIIGS. Its that latter announcement which is mainly responsible for the third biggest opening in the Dow's history this AM.

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