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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (117518)	7/26/2012 4:48:22 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

Draghi says the right things, but many of them do. The problem is not in what they say, it's what they are capable of doing. Right now, the way EUrope is structured, they have almost no ability to address root causes. All they can do is borrow from the left hand to lend to the right. It's a giant ponzi scheme and those always come crashing down. At least across the pond, we can print. It allows us to hide the rot for far longer, which I'm hoping will buy us time to solve the root causes, none of which we've tackled yet.