William Katz:  Urgent Agenda

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GREAT!! - AT 3:14 P.M. ET: 

Sept. 27 (Bloomberg) -- German Chancellor Angela Merkel won re-election with enough support to switch coalition partner and govern with the pro-business Free Democrats, freeing her to push ahead with an agenda of tax cuts and labor-market deregulation.

“We’ve done something fabulous,” Merkel told supporters at her Christian Democratic Union’s headquarters in Berlin today. “We said we wanted another government to maximize growth and with that jobs. We can really celebrate tonight.”

COMMENT:  This is terrific.  With Sarkozy in France, and the conservatives poised to win big in Britain in the spring, we might well have what we could not have imagined just a few years ago - a counterbalance to the Most High in the White House.

Merkel's large victory gives her the chance to name a foreign minister from her own party, replacing the current leftist who was forced on her by her coalition. 

This makes our own 2010 elections even more significant.  Conservatives must make gains, neutralizing liberal control of Congress, and bringing some control to the runaway liberal train we see going by right now.

September 27, 2009