Martin Bashir Exposes The Great Republican Hoax

BASHIR: Now, it may be that since I was born in Europe I'm a little more sensitive to these things, but in reality this is a massive hoax. Or to use Newt Gingrich's favorite word, the biggest pile of baloney that's ever been served.

Because far from the President wanting to follow Europe, it's actually the Republicans, both those running for President and those already elected to the House who desperately want to follow that continent.

How so? Well, as we know, the global recession which began in 2008, has forced countries to respond in different ways. The President has attempted to stimulate the economy. But others, particularly European nations, have stuck firmly to their believe that austerity is the way to go. And so, they've set about cutting services, demolishing government, reducing the safety net.

And it's this model, as practiced by several European nations, that Republicans like John Boehner, Eric Cantor, Newt Gingrich and Mitt Romney want America to follow.