Oliver Wright’s piece in The Independent last Friday had Obama lobbying for the EU to stave off Grexit until after the Presidential Election in November. I think there are holes in the story.
In these days of multiply-layered briefings, ID cloning and geopolitical cyber-bollocks, it’s getting hard for anyone to tell truth from spin and data from disinformation. However, for Oliver Wright’s revelation of Obaman lobbying to be entirely accurate, a number of unlikely realities would have to be in place:
1. Hillary Clinton at State and Tim Geithner at the Fed Treasury to be running a rogue foreign policy without the Black Dude’s knowledge. Sorry, I don’t buy it.
2. Obama believing that either Brussels or Berlin really wants to see a Grexit right now. For obvious Iberio-Italian reasons, everyone from the CIA to Warren Buffet must be telling him it just ain’t so.
3. Antonis Samaras being genuinely worried that the eurozone members might throw him out when the Troika reports. He doesn’t believe that for a minute.
Time to get real, I think. With one short press on the printing button, the US could wipe out the Greek debt and immediately neutralise any ‘contagion’ on Wall Street. With connections to every creditor beyond the ECB (which has already agreed to take a crewcut on Athenian borrowing) corporate America could rest assured that the President had protected them. With such a move, the Obamites could show how US reach still blows anyone else out of the water, that Barry is completely in control, and that Romney’s potential isolationism would be dangerous in the extreme.
Obama would be able to go into the Election showing how US foreign policy was correctly plugged in to every threat to Blessed America – from Eurozone meltdown to Iranian fission.
In that context, why would the Democratic auto-nominee want to lobby Brussels?
I think it highly likely that some White House and State folks have checked out Berlin just to be double-dog certain that the lunatic fringe possibilities are close to zero. And I do not doubt that the President ticked Cameron’s boxes in a similar fashion in relation to London-based Hedgies doing something stupid.
But lobbying for the EU to hold off the firing squad? Bollocks. There is no firing squad: and even if there was, there is no reason to load anything but blanks. If BO was lobbying for anything, I suspect it was for Berlin to hold off on any eurozone departures of its own.
So who might the sources have been for Wright’s article?
Well, he refers to ‘British Government sources’, but Mr Wright is the Indie’s Whitehall correspondent. In short, he talks to the Sir Humphreys more than the Camerlots. I’d be reasonably certain his sources lie somewhere inside the labyrinthine renovation known as the Foreign & Commonwealth Office (FCO).
The problem with the FCO is that they are focused on Washington, not Berlin. They are US stooges – not a bulwark against Merkelism. And their feedback from the EU loop is at best patchy, at worst gullible.
Let’s wait and see. This is a wicked web being woven. But my hunch is that the Indie’s story could be the result of anything from loopy FCO hubris to a pernicious UK Establishment bid to favour Romney by making the President look dumb.


We should wipe out Greek’s debt? For what reason? To, perhaps, lengthen the agony of the final collapse for some election votes?
The only reason Obama would support Greece in the EU is because of several parallel cases in the US, namely California, Illinois, Maryland, New Jersey and New York. They are bankrupt and will soon beg for alms with sob stories like Greece.
Obama is a True Believer in the EU and its socio-Marxist roots. His father and handlers drilled in his little mind the obsession with correcting the ills of colonialism and capitalism.
The PIIGS go down first, then the EU collapses then several US states go down and the leftist dream collapses and we are back to 1938 or so.
First would be when, exactly? Some time in the next couple of decades? I don’t see Angela M giving up her search for the impossible until mobs are howling in streets all over southern Europe. That could be a while yet, if ever.
John. I think you are largely correct here. What matters in the coming weeks is the turnout of the faithful on 5 November not some obscure happenings on the fringes of Yurrup.
Well, just a suggestion but maybe it’s to put pressure on Karlsruhe to rule in favour of the ESM. The fact that the outcome would be indigestible to a lot of EZ taxpayers wouldnt bother the US, but would achieve some kind of confidence in the markets?
JW- seen this?
http://www.independent.ie/national-news/michael-noonan-ecb-threat-letter-will-be-released-3210209.html
@toxic
Thank you for sharing that…time for another revolution (or 10)?
@WAD my first thought was whether Spain had been made a similar offer it couldnt refuse. The noises sounded similar a couple of weeks ago.
One for wikileakes to make public then (if they can get hold of a copy) – as the TPTB have no intention of being open and honest.
http://www.oftwominds.com/blog.html
Of course the never ending saving of the status quo comes before all else and if Greece is saved,or Europe,it will be as a by product of saving the great and good status quo.In doing so of course the water of life will be poisoned,unfortunately those poisoned most will be the very statu quo who view themselves immuned-they are about to find this is not so.
Neofuedalism. Like it.
@toxic
History tells us that all oppressive regimes are ultimately brought down by revolution…only to be replaced by another one.
I have said it previously and I make no apologies for saying it again: George Orwell worked it out many decades ago. I suggested a GO reading list on one of my posts…methinks that is where all of the trolls have gone off for a little bit of reading-up (even your doppelgänger has disappeared!).
@WAD oh indeed. When one has had half one’s family banged up in concentration camps or repressed by communism one tends to keep a weather eye on things…..A rose by any other name…
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