The fate of Romanian President Traian Basescu will be determined Sunday as the country votes on a referendum to impeach him.
Earlier this month, parliament suspended Basescu saying he overreached his powers when he announced austerity measures for the cash-strapped nation.
To comply with the terms of a $24 billion International Monetary Fund load, Basescu cut wages and benefits for public workers.
The moves soured him to many inside the country.
Two pro-Basescu governments collapsed, paving the way for the center-left Social Liberal Union (USL) to take office.
Prime Minister Victor Ponta, of the USL, then succeeded in getting lawmakers to not only suspend Basescu but also remove both speakers of parliament and replace them with allies.
The crisis in the southeastern European nation, which is slightly smaller than Oregon, has sent its currency, the leu, plummeting to record lows.
FULL STORY
Taking a cue, lets impeach Obama!
dude are you still paying for a quart of milk with a check... ?
This guy must be a bloodsucker... .!
You call THIS news? With the Tranylvanian elections right around the corner! Absurd.
Romania. Rome+mania=Romania
Transylvania. (API) Preisdent Vlad Draulia has been impeached by Parliment led by fmr. child star and speaker of the Castle, Wolva Reen Vice president Hickory Bottom Clampon will serve as interim president until elections are held this fall.
The good citizens of Transylvania may rest assured of continued blood sucking during these trying times filled with uncertainty and humor.
Vlad is the first president impeached since fmr. president Richarde Mulehose Nixionne met the same fate and is now burning in hell, some say.
Well @employment.
You sure have a point there " using cheap white labor than cheap Asian labor".
We'll soon have a tough time though to chose a European country. And oh, in the process we ourselves could lose the capacity to produce. More looming wars, military spending, dole out to others, drought and the over population of morons up on the Hill, you know.
...IMF and World Bank are the NEW twin towers...and new york dark clouds still looms over you for your indiscretions with these diabolical enemies...
IMF a thug organization who insidiously invoke always its own interests...basescu SHOULD BE IMPEACHED and charged with treason for attempting to hand over his country's soveignty and interest to a foreign power and ent!ty like IMF. This IMF need to be investigated for its hand and shell games in global manipulations and destructions of economies...we are still stumbling from its libor index, rates, and derivatives, currency without a country-the euro...corrupt headless ent!ty banking industry financing anarchy and wars...whoever thinks they hold the leash/reign on these two beasts and can control them are sadly mistaken...
@Rascal Rabble
Well said.
Its now no secret that this Org like the World Bank is no more than a manipulative instrument in the hands of powers that be.
Considering who used to head up the IMF, I am not surprised.
Good afternoon, all.
Good evening@banasy
Hope you had a joyful weekend.
I did, and I hope your was, also.
Thank you for asking.
We already have foreign factories in this country.
Well known US Brands with factories from the southwest to the Midwest, full of first year immigrants who don't speak English and work for peanuts.
These are factories with no regard for human life or any real standard of safety.
CEOS and plant managers that disregard every basic minimum manufacturing best practice.
This is the result of cost cutting and the Republican war on the middle class. With no unions to represent the average worker the structural imbalance has increased by orders of magnitude.
Now the American People must live with consequences of greed. Intended or otherwise.
omg ppl ,u have not a clue of any of these 2 warewolfs, ponta and crin, they have both sold souls to imf, they made romanian curency 2nd after sudan lira (in going down) haha so go away ! our president is ok, related to these 2. Ceausescu was better at least he was sucking from the neck not from ...... u know where,,,,, as these ones do. HAVE A GOOD DAY !!!
Impeach the mayor of Los Angeles
is he a blood sucker too ?? u have the same? good luck with vodka :))
It looks like nobody is interested in this subject! Well, surprisingly I am. The Romanian president has to be impeached. Another two years with him leading my country would be a hell!