Portugal is desperately trying to learn from their own and Greece's mistakes. Portuguese Finance Minister Fernando Teixeira dos Santos has just announced new austerity measures which will hopefully convince financial markets and other European Union countries that Portugal has its finances in order. But while Portugal works to avoid a debt crisis like the one Greece currently faces, President Obama continues to push the United States toward one.

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In a recent interview Senator Jim DeMint (R-South Carolina) was asked about various potential GOP presidential candidates in 2012. One of them was former Florida Governor Jeb Bush about whom the senator said, ""He would be a great president. He'd probably be the best on the list, if he didn't have the Bush name. It may not work in 2012, although the longer Obama is in office the better the Bush name looks." (source)

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