From American Spectator The Prowler has a long post in which he first describes the dismay at the White House that the Healthcare bill would cause some large companies to have such massive charge offs against their earnings. Second he writes of the surprise of the Obama administration at the European reaction to their snubs and rudeness to the different nations of Europe.
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IT’S ALL A GOP PLOTThe White House political and legislative operations were said to be livid with the announcement by several large U.S. companies that they were taking multi-million or as much as a billion dollar charges because of the new health-care law, the issue was front-and-center with key lawmakers. By last Friday, AT&T, Caterpillar, Deere & Co., and AK Steel Holding Corp. had all announced that they were taking the one-time charges on their first-quarter balance sheets. More companies were expected to make similar announcements this week.
So much for President Obama’s promises to build better relations with America’s friends and allies overseas. Just 15 months into his administration, Obama has managed to alienate most of the major European allies, this time having a State Department functionary announcing in Brussels that U.S.-EU summits will no longer be held annually, and only when there are particular issues to be decided.State Department officials, some of whom were holdovers from the Bush Administration, say the reasoning for the U.S. to end the annual summits, which had been held since 1991, was in part due to Obama and his team’s feeling ” slighted” by European leaders and their staffs, such as French president Nicolas Sarkozy and German Chancellor Angela Merkel, both of whom have come away less than impressed with Obama’s style and substance.
I wonder why the Boy Wonder doesn’t understand his actions and words have consequences, might it be that he has never been called to account?
Read it all.
