He called Angela Merkel of Germany to ask her to bail out the Greeks--and demand cost-cutting by the Greeks in return. Now he's on the phone to Prime Minister Zapatero of Spain about the big spending problems in that socialist-run country.
He's right to do so, of course, since we in America are on the hook for all these interventions, if only indirectly. The developed nations have spent too much for too long.
But, then, how about a little trip to the woodshed for the US of A? Our debt is right up there with the best (worst) of them.
Maybe our President also should call the governors of a number of our freewheeling states, starting with Mr. Schwarzenegger.
How about a public lecture to Congress on the ways that public "servant" salaries have outpaced the private sector for years, as have public servants' health plans and, especially, public servant pensions? Cut those back to where they were only a few years ago and much of our immediate budget problems are solved.
Call it fulfillment of Candidate Obama's "transparency" pledge.
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