SPENGLER Obama and his magic lamp

SPENGLER
Obama and his magic lamp

President Barack Obama was expected to adjust United States foreign policy to the constraints of rising foreign debt and existing entanglements. Instead, Obama has strode forth with a magic lamp in hand, namely the US's bottomless capacity to borrow. Struggling countries - such as Turkey - will smile and nod and take American checks, at least for the moment, while there still are functioning governments to take American checks. (Mar 9,'09)

http://www.atimes.com/atimes/Middle_East/KC10Ak01.html