Your task is to extract the thesis of an opinionated news article by selecting some of its text segments. The thesis is a summarization of what the author wants to persuade the reader of. Your answer should consist of segments of the given text. Note that you are not allowed to combine different sentences.

[Q]: Five reasons why European Central Bank's QE won't save continent's dying economies. The European Central Bank has just announced a EUR60 billion ($69 billion) monthly government bond buying program--Quantitative Easing -- but that won't do much for the moribund continental economy . Central banks can print money to purchase government bonds to push up prices and lower interest rates on those assets and competing debt, such as corporate bonds and bank loans . In the United States, the Federal Reserve also bought billions in federally-sponsored mortgage-backed securities, such as those issued by Fannie Mae . The aim is to encourage more borrowing by businesses and homebuyers-- stimulus spending financed by running the printing press . The Fed enjoyed some success boosting U.S  growth , but here are five reasons why QE won't work for the ECB . 1 \. Eurozone Is Not a Country . The European Union does not have a large budget and issues few euro-denominated bonds the ECB could purchase . Instead, the ECB will have to purchase individual country debt -- it is as if the Fed had to purchase a basket of bonds issued by California, Iowa and other states . Markets for European bonds--both sovereign and corporate--and bank lending are highly fragmented along country lines . Consequently ,  it is unlikely that QE will have much effect on banks' willingness to make new business loans in places buffeted by the financial crisis, like Spain and Greece . 2 \. EU Has No Fannie Mae . QE seems to work best when central banks inject capital directly into specific markets . The Fed purchased mortgage-backed securities that significantly lowered interest rates on mortgages across America . Housing prices recovered much of the value lost during the financial crisis , and new home construction rebounded . The EU has no analog to Fannie Mae and Freddie Mac , and the ECB cannot readily purchase mortgage-backed securities to boost the European housing sector . 3 \. Fiscal Policy Is Pulling in the Opposite Direction . Europe's largest economy, Germany, recently accomplished a balanced budget for the first time since 1969 , and austerity programs intended to restore solvency have forced massive government spending cuts and tax increases in Spain, Greece and other Mediterranean states . Those spending cuts-- though essential to sorely needed structural reforms-- will undercut the effects of any increased bank lending ECB bond purchase may induce . With unemployment hovering at about 25 percent in Spain and Greece, and 13 percent in Italy, banks will remain skeptical that lending to expand businesses will do much to create bigger markets for what they sell . 4 \. QE Does Little to Fix Euro-Imposed Dysfunctions . Although structural reforms could make Greece, Italy and other high unemployment economies more attractive places to build factories and establish businesses in the long run, governments in Athens, Rome and other capitals face voters who need jobs now . And the cost of labor--though perhaps gradually falling--in these countries will remain too high to attract investment for many years . If Mediterranean countries still had their own currencies , those could let their currencies fall in value relative to those of northern European states . That would re-price labor to attract investment and jobs . But the single currency, the euro, deprives them of that lever . 5 \. Absence of Pan European Institutions . Though the Europeans have a single currency, they lack common education standards and language that gives the United States a more or less single labor market . In the absence of currency devaluation to re-price Mediterranean labor, Greeks, Italians and Spaniards cannot migrate to Germany where unemployment is only 5 percent, with the same ease that Americans have migrated to South Dakota and Texas to participate in the oil boom . In the end, the EU and ECB lacks what the Fed enjoys--the punch of a national government that ran large deficits to augment its efforts to pull the U.S  economy out of recession and national credit, housing and labor markets that made monetary policies--like QE--reasonably effective .
[A]: The European Central Bank has just announced a EUR60 billion ($69 billion) monthly government bond buying program--Quantitative Easing that won't do much for the moribund continental economy


[Q]: Paris lessons: US must revoke citizenship of Americans who join ISIS, Al Qaeda. Last week, France faced the threat that is arguably the toughest to defeat-- a threat from within, from its own terrorists . By now, the stories are familiar . France has a problem with homegrown radicals . At least 900 French citizens are among the 2,000 to 3,000 westerners who've left home for jihadist training or to fight for ISIS in Syria and Iraq . In many ways, the western jihadist represents the worst threat . Able to speak the language fluently, completely familiar with their home countries, and possessing a key weapon -- an American, British, French, or German passport -- they can easily cross international boundaries . The training makes them deadly -- the Paris attacks were notable for their deadly precision and meticulous planning . Their citizenship makes them mobile . That's why any American strategy to defeat jihad has to include measures to not just deny passports to American terrorists, but also strip them of citizenship . This is basic common sense . Most Americans would be surprised to know that joining Al Qaeda or ISIS - the Islamic State - isn't grounds for losing citizenship . The law currently provides that Americans can lose citizenship when they enter or serve in the armed forces of an enemy foreign state . But ISIS and Al Qaeda are not "foreign states," so the law doesn't apply . It's time to close this loophole . In Congress, legislation was introduced last session to address those concerns . It was not approved . Now, in the new Congress - with Republicans in control of both the House and Senate - there's a renewed push to safeguard the homeland . Last week, Representative Ted Poe introduced a measure that revokes passports from Americans who join terrorist organizations . And ,  in the days ahead, Senator Ted Cruz and Representative Steve King are expected to introduce legislation that would strip citizenship from terrorist traitors . This is not an imaginary threat . Not only have Americans joined ISIS , some have even lost their lives fighting for jihadists . In fact ,  as many as 40 men from Minneapolis alone have joined Islamic groups abroad . And just last week in Chicago, A U.S  citizen was indicted by a federal grand jury - charged with attempting to travel overseas to fight alongside the ISIS operating in Iraq and Syria . These men aren't just threats to the United States ; they're also threats to our closest allies . For our allies, the American passport is a ticket of entry, no visa required . And ,  similarly, for British, French, and other allies, their passport is a ticket of entry into the United States . The door is wide open for terrorists to take advantage of centuries of friendship and trust . It is time we slam that door shut . Of course stripping citizenship and revoking passports represent just two small steps - but critical ones - towards a sane national security strategy . However ,  it's difficult to take even these small steps with the Obama administration steadfastly refuses to name our enemies (Mr  President, our enemies are Islamic radicals, not generic "extremists"), accurately describe their ideology(no, they are not "nihilists"), or even to acknowledge their obvious, widespread appeal in the Muslim world . It was sad and embarrassing for Americans to watch as even the leader of the Palestinian Authority marched in Paris against Islamic extremism , yet our president or vice president were nowhere to be found . Even liberal journalists called this absence "pathetic." Marches don't defeat terrorists , but when dozens of world leaders stand together , it makes a statement of determination that is critical for our citizens to see . When our President makes a stand, it signals our nation's resolve , and his absence signaled our government's weakness . In the days and weeks ahead, Congress can send a very different message by passing much needed legislation, putting it on the President's desk, and daring him to veto legislation that would prevent exactly the kind of attack France faced last week . After almost six full years in office, we fully understand the President's approach to combatting terrorism . A recipe that mixes drone strikes with appeasement-- that pulls troops from combat and sends captive terrorists back to the Middle-- is now a proven failure . In my bestselling book, "Rise of ISIS: A Threat We Can't Ignore," I demonstrated the consequences of that failure . Jihad rages across the Middle East, Boko Harem rampages through Nigeria , and Afghanistan teeters on the brink of disaster . In the west, recent terror attacks in Canada, Australia, and Paris show jihadists ability to inspire even western Muslims with a message of pure hate and evil . Will the Obama administration change course? Will it finally acknowledge the true dimensions of the threat? It can start with a dose of common sense . It can start by protecting America from terrorist traitors .
[A]: Last week, France faced the threat that is arguably the toughest to defeat-- a threat from within, from its own terrorists At least 900 French citizens are among the 2,000 to 3,000 westerners who've left home for jihadist training or to fight for ISIS in Syria and Iraq


[Q]: New York Times columnist Maureen Dowd self-destructs. Editor's note: The following column first appeared in the Washington Times . The now-consumed 2014 has been perfectly described by some commentators as the year when facts died . Politicians, mobs in the streets and their willing accomplices in the media swamped us with lies, obfuscations or riots manifest because, as author Thomas Sowell has noted,"What matters today is how well you can concoct a story that fits people's preconceptions and arouses their emotions. Politicians like New York Mayor Bill de Blasio, professional demagogues like Al Sharpton and innumerable irresponsible people in the media have shown that they have great talent in promoting a lynch mob." None of this is unique to 2014, however, nor is the aptitude to stir up a lynch mob the exclusive purview of politicians . It has been both the vocation and avocation of liberal media darlings for a very long time . In 2014, with almost perfect timing and illustrating the farce of the left, a liberal favorite -- New York Times columnist Maureen Dowd -- was exposed by the Sony email hack for just how much hypocrisy and contrivance rules her world . An Internet search of Ms  Dowd brings up a whole host of approving profiles and interviews over the years, with a particular column considered by her sycophants as one of her greatest accomplishments: the "takedown" of former New York Times investigative reporter Judith Miller . Ms  Dowd provided what many thought was the coup de grace against Ms  Miller when she wrote that column about her then-colleague at The New York Times, excoriating Ms  Miller for her coverage of Saddam Hussein's weapons of mass destruction WMD) leading up to the Iraq war . Ms  Miller, you see, had done the unthinkable . She reported what her investigation found on the issue , which also happened to be what the Bush administration and scores of other governments had also determined : Saddam was pursuing a WMD program and an untold number of those weapons were developed and undeclared . As her fellow liberal colleagues piled on Ms  Miller , Ms  Dowd's column, dripping in ridicule and moral authority, condemned the reporter for being a "stenographer" for the Bush administration . Ms  Dowd complained Ms  Miller's work"fit too perfectly" with what the White House had been asserting about WMD . In other words ,  Ms  Dowd accused Ms  Miller of being too close to her subject , essentially of colluding with others, of selling out to make someone happy or to further a shared agenda . It was absurd and petty . But what we didn't know at the time was that it was also a perfect case of projection . In emails revealed late last year by the Sony Pictures hack, Ms  Dowd, The New York Times' supposed paragon of journalistic ethics, was discovered to have assured a Sony executive that she would be sure to make her "look great" in a column, and appeared to promise to show the column to the executive's husband, a former Times reporter, beforehand . After the column ran, more emails were exchanged, with Ms  Dowd telling the executive,"I hope you're happy... let's do another." After her subject declared the columnist her "favorite person," Ms  Dowd gushed,"You're mine! You're amazing." Ms  Dowd has since denied that she provided the column in advance . That's possible . So was it a draft that was provided? And by someone other than herself? For those who might suggest this mistake of Ms Dowd's was a one-off, issues of character inform everything we do . Hypocrisy doesn't sneak up on you once . It's part of how you relate to the world . Bill Keller, executive editor of The New York Times from 2003 to 2011, confirmed to the left-wing blog Media Matters in 2011 that the newspaper's treatment of Ms  Miller was due to politics and to assuage the leftist critics . Mr  Keller confessed,"I let a year go by when a lot of people, particularly people on the left, became disenchanted with the Times because they saw it as having been cheerleaders for the war. I think I could have saved the paper a lot of trouble and some damage by dealing with [Ms  Miller's reporting] much sooner." Facts do tend to be pesky things, as Ms  Dowd and the rest of The New York Times crew found in 2014 . After years of morally superior, self-righteous preening, they had a problem : Judith Miller was proven right about WMD in Iraq . Revealed in a 2010 Wikileaks document dump, The New York Times finally wrote a 10,000 word story on "abandoned chemical weapons" in Iraq as it became evident our troops continued to be injured by them and their existence could no longer be denied . The New York Sun suggested the Times' story be viewed as "journalism's longest correction," and was "designed to try to extricate the Gray Lady from all these charges about how President George W  Bush and his camarilla lied about the danger of Saddam's chemical arsenal . It turns out that Iraq was littered with thousands of shells containing poison gas, like Sarin." In that 2005 column attacking Ms  Miller, Ms  Dowd dramatically warned her readers if Ms  Miller remained a reporter at The New York Times, the newspaper itself would be at risk . Ten years later, now with the Times on the verge of collapse, forced retirements, layoffs and plunging ad revenue, the facts are teaching a lesson in irony and hypocrisy to Ms  Dowd and everyone else at the Times who jettisoned the truth to soothe jealousies and pander to politics .
[A]:
The now-consumed 2014 has been perfectly described by some commentators as the year when facts died


