.... The EU expressly intended, in the 1990's, to go into head-to-head competition with the U.S. not only in terms of trade but in terms of establishing the Euro as a petroleum trade benchmark, so there's no chance that Obama is even thinking in those terms.
I submit that your leap into thinking that you know Obama's brain is a leap to one bridge too far.
clara is absolutely correct about the EU and the Euro, but how that leads her to deny that O wants to turn the United States into a European-style social democracy is beyond me.