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Posts Tagged ‘ECB President Jean-Claude Trichet’

Volcker: American ‘Lack of Urgency’ Will Cripple Us

Posted by Larry Doyle on May 19th, 2010 11:30 AM |

Paul Volcker

We’re different, right? The economic problems in Greece and other nations within the EU are their problems and not ours. Really? In my opinion, Americans are far too complacent regarding our economic problems. We shouldn’t be.

Will the economic, political, and civil waves of unrest rolling across Europe come ashore here in America? It is only a matter of time unless those in Washington charged with addressing the underlying issues take swift action. I have seen zero inclination and political will to do just that. Our Washington elite are so used to feeding at the trough that they would not know how to pull themselves away. How is America responding to these fat pigs?

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