The Feds are going to the rescue of European banks, mostly French. As much as I am a confessed francophile, and in my heart France is at the same level of Cuba where I was born, the United States is my country. Isn’t it time to put our own first?
As a note: We are not giving money away but lending at low interest, buying bonds, assets, etc. Still, we should be putting those resources here, at home.