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With Greece threatening to leave the Eurozone which may throw much of the western world into a recession or worse, President Obama has offered regional government a replacement–the United States. Not only that but he apologized on behalf of the country that he did not think of the solution earlier. Obama says it would be an easy transition, Europe is the heart of world socialism and the president’s policies are based on European socialism. The EU hates Israel and Obama hates Israel.  The only snag to the deal being made is Barack Obama’s insistence that the Eurozone elect Joe Biden as their leader (and keep him there forever). The Europeans have suggested that they would prefer to have a recession or a nuclear attack than Joe Biden.

Other news items covered in the latest installment of Newsbusted the twice-weekly faux news feature from Newsbusters.org include;  a thief’s weird alibi about robbing Supreme Court Justice Breyer, LA Lakers Meta-World Peace believes that the NBA MVP award should be his, and Gayle Kings tell-all book about Oprah.

This episode of Newsbusted is the the funniest two and a half minutes seen since Obam’s recent claim that he is one of the most frugal presidents in the history of America.

So enjoy the video below, and if you cannot see it please click here

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