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.
“We are the force that is acting level-headedly and correctly in this financial and economic crisis,” said Volker Kauder, the leader of Merkel’s party in the German parliament.
Time will tell whether the “U.S. government credit-card binge” works. Or shall we say works in the interest of the american people.