Obama and Angela Merkel don't appear to agree on much. She thinks that the Obama economical policies will lead to a high rate of inflation in the US that will be destructive to the whole world. (She also likes George Bush, which doesn't make Obama like her any better.) Obama does not like Europeans much because of his colonial African heritage. It is pretty sad for me to see an American President who is politically to the left of a European leader.

I saw Warren Buffett, an Obama supporter, interviewed on CNBC this week, and he also predicts a lot of inflation in our future. Buffett says the Obama Administration is monetizing the national debt, something that inevitably leads to significant inflation. (I see Democrats on TV spinning like a whirling dervish as they proclaim that Obama is not monetizing the debt. They have embraced the "Big Lie" theory.) One of the Democrat spinners said that Buffett had endorsed the Obama policies in the interview. He and I didn't have the same impression of the interview. Buffett said the Bush Administration did a good job in preventing the total collapse of the financial system last year. He also doesn't like the carbon cap and trade legislation, which he thinks will reduce GDP and cost the US jobs. (A lot of the news anchors and talking heads on NBC, MSNBC, CBS, ABC, and PBS are Democrat spinners.)