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Lying leaders and bleeding economies. The turmoil in Hungary stems from the fact that people have abruptly realized their leader lied to them (WSJ):

BUDAPEST -- The streets here are boiling with violence not seen since Soviet tanks rolled along the city's medieval cobblestones in 1956. This time, it is a capitalist who is pushing people to the brink.

Demonstrators protested outside Hungary's Parliament for a third straight day yesterday following clashes earlier in the week with police armed with water cannons. The protests were triggered by Prime Minister Ferenc Gyurcsány's admission that he had lied "morning, evening and night" about the state of the economy ahead of April elections that returned him to power.

But it's only Hungary, right? We have nothing in common with them.

Actually, we have more in common with Hungary and Romania than we do with Japan or Germany — a flailing stock market, a weakening currency, massive federal and trade deficits — and it isn't pretty...



And who is the US ambassador to Hungary? April Foley, Bush's ex-girlfriend.

{ 11:06 AM }

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