The European Union, from Czech Prime Minister Mirek Topolanek, who holds the EU presidency, on down, wants action, not talk from the Obama Administration on financial re-regulation/reform.
And, I agree.
While I agree with Paul Krugman on panning Tim Geithner, I DIS-agree on him panning the Euros for insisting on more reform first. Given the G. Sachs connections of the Obama-Summers-Geithner troika, why shouldn't the EU be worried about getting another unfulfilled promise of reform from Washington?
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