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President Obama receives just 30% approval in Bloomberg's Global poll, roughly in-line with...
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Wednesday, September 22, 2010, 2:44 PM ETPresident Obama receives just 30% approval in Bloomberg's Global poll, roughly in-line with equally uninspiring French counterpart Sarkozy and Japan's Kan. Chinese President Hu Jintao's economic policies were viewed favorably by 58%, while Germany's Markel garned a sky-high 70% favorability rating among investors.
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Bush wasn't president. The undead Cheney and his neocon friends were AND still are.
Bravo to Madame Merkel. It takes a woman to have real balls.
And that is what is happening now.
I find it funny that so many approve of China's "socialism with Chinese characteristics." Did investors recently hear that China will soon unveil its twelfth Five-Year Plan? Five-Year Plans sound so, oh, I don't know, Stalinish. Of course, the current crop of technocrats are much smarter than Stalin or Mao, but a Five-Year Plan is a Five-Year Plan. So much for the empty talk about wanting free markets.
The same ponzi scheme is happening to the euro zone as it is here. GS and company are not welcome there anymore. Except maybe in England, who is always America's lap dog.
Isn't that where the private Federal Reserve Bank's profits go?