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

To: RetiredNow who wrote (117532)	7/28/2012 1:11:55 PM
From: tejek	Respond to of 149317

On Monday, Moody's cut Germany's ratings outlook from "stable" to "negative," citing exposure to European financial woes and the possible cost of more bailouts. Uh............Merkel's policies have failed and things are getting worse in Europe, not better. Hence Moody's concerns. Germany does have deep pockets but it can't continue to prop up a Europe that continues to deteriorate economically. This is the consequence of kicking a problem down the road. Merkel needs to be canned.