MMA: Right-Wing Media Attack Obama For Accurate Warning On Greece's Debt

[pampango]

http://mediamatters.org/research/201106090014

Right-wing media have attacked President Obama's recent remarks about Greece, claiming that Obama "offered bailout" money to Greece, which is again nearing default. In fact, while Obama did suggest that the U.S. could play a role in shaping a second Greece bailout through the International Monetary Fund (IMF), his speech largely focused on urging German Chancellor Angela Merkel to take the lead in working with European Union officials to reach a deal; moreover, experts say Obama is correct that it would be "disastrous" if Greece defaulted on its debts.

Obama: "We Have Pledged To Cooperate Fully In Working Through Issues Both On A Bilateral Basis But Also Through International And Financial Institutions Like The IMF." On June 7, President Obama gave a joint press conference with German Chancellor Angela Merkel. He responded to several questions about Greece, which, as The Washington Post reported, is "again nearing default."

Right-Wing Media Claim Obama "Offer Bailout" Money For Greece, Attack Potential Aid Package

Drudge: "OBAMA OFFERS BAILOUT $$ FOR GREECE."
Wash. Examiner: Obama And Greece Are Like Alcoholics And A "Fifth Of Old Crow Is A Bailout Package From The , Paid For By The United States ... European Nations."
(Andrew Breitbart's) Big Government: "Obama Wants American Taxpayers To Bail Out Greek Politicians And Dig The Debt Hole Even Deeper."