Spent Into Oblivion

First Greece, now Spain, the socialist enterprise, the cradle to grave welfare state is collapsing under the weight of its own excesses. Greece had purportedly been bailed out but just had her credit status downgraded to that of junk bonds. And it seems now that Spain is sure to follow. But the lesson is lost on America's political class that has just seen the lemmings tumble over the ridge but still seems determined to follow. Why in God's name do the Democrats currently in control in Washington not take the lesson that is being offered that the inevitable consequence of limitless government spending is national financial death?