The Right Says No To Bailouts

Yep. The right is up in arms about the cost of bailouts. In Europe.

BRUSSELS - Conservatives raced toward victory in some of Europe's largest economies Sunday as initial results and exit polls showed voters punishing left-leaning parties in European parliament elections in France, Germany and elsewhere.

Some right-leaning parties said the results vindicated their reluctance to spend more on company bailouts and fiscal stimulus amid the global economic crisis.

First projections by the European Union showed center-right parties would have the most seats -- between 263 and 273 -- in the 736-member parliament. Center-left parties were expected to get between 155 to 165 seats.

Right-leaning governments were ahead of the opposition in Germany, France, Italy and Belgium, while conservative opposition parties were leading in Britain and Spain.

Mr. Obama might want to keep that in mind. If people don't see results commensurate with expenditures his party will be in trouble. No matter how much patronage Obama has bought at Government Motors.

Cross Posted at Power and Control

posted by Simon on 06.07.09 at 07:34 PM










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