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Can Obama Count on EU Recovery for 2012 Election?

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    Democratic strategist Joe Trippi discusses whether the EU will help the president in the upcoming election.

  • Duration 4:29
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He want joining is now there's no authority on the European situation is.

Go to Tripoli he's a Democrat strategist on a professional in the political world that -- accurate presentation I don't know about an expert on Europe I know quite a bit about it of energy -- and elections yes you have indeed now a way to put aside party affiliation and politics not the only deported to Cyprus.

You know Europe.

Would you would you say that Europe.

It's gonna crash I mean it's a move that -- crisis mode and they can't get out is that your opinion yeah I think it it's very tough to see how anybody could save Greece no matter how much.

I think Greece could be saved over ten years but not in.

Three months not and six months even when there's long been a hundred billion a hundred billion euros into -- back I think I think that keeps it.

All wives.

In allows some of the banking system to heal itself but I don't think there's enough time to do it in in stop it from.

Stop -- from either leaving the Euro or some kind of and until cataclysmic event I don't think is -- there's a large.

They need to stabilize their economy and get the country -- -- I think I think it's got to do more with how the European Union got put together mean Euro got put the -- no political force that it it it makes it possible to fix this mess it's just not there the political institutions are not set up.

To deal with the with -- how this things unraveling.

All these leaders have different is interests.

And to.

Make their people sacrifice more to save these people over there where they've been they talk different language -- -- mean this is no political apparatus to fix it just the crunch come.

That somehow.

Does the crunch coming to a couple of months I think that's the whole thing right now what is it vacated.

I think eight.

Aren't a month ago I would have said I think it's gonna happen before elections and on starting to think maybe it's gonna be delay it it'll be delayed -- till afterwards it look I think.

Get the states that may decide this election or.

Florida Ohio and Virginia they could well be Greece.

Real and France and Italy in its -- you think that -- fate of President Obama and a second term all know.

Is held in the hands of European leaders on what they do with that international -- is that crisis.

Explodes prior to our election I think just the psychological impact before even you know even affects our.

Our actual -- great you know it is people -- the Euro.

They're coming into the dollar that's raising.

That's Mickey gonna make exports which we've been doing well and that's gonna make them more expensive we're gonna have problems.

That debt cascading.

Problems on our exports may not happen until after the election but I mean I think that that was like -- Angela Merkel is controlling the fate of President Obama I draw I think there's a lot of -- what this election in Greece it's coming up in June.

Depending it it whether new to prop democracy.

-- or one of the main parties can come in -- control -- put a government together or.

If it's this is it if it's.

-- the radical left the radical left part of reasonable until the country daily data that election could have a big impact on our country and RI I'm I'm sort of -- job look at a quarter mile right now to see the FaceBook broke below 31 dollars a -- very briefly bounced back to 3116.

Is where it is now bought momentarily it was below 31.

So article is like a -- right did you primitive but that's what it is when you're looking at FaceBook.

Last question.

Except you think that Obama won.

That he managed to persuade the Europeans to spend some money and that that will -- off the crisis until after the election after our elections you think that's reality in Europe today.

Yeah I think that's that's what happened I -- look I think.

Austerity -- things they were doing were working either so you know this is through a fair shot at trying to make it work I don't I I don't think either ways going to work others I don't.

The argument of whether austerity -- growth.

I I don't think.

Matters because I think.

This the political system is not prepared to actually fix the problem even if someone had the solution and that's where.

The markets are not recognizing that they don't understand politics.

In in that sense -- it's not gonna happen to Joseph trip and you've worked on many campaigns in Europe political campaigns thanks for bringing -- expertise to -- in this morning we appreciate it thanks for having Jeff.