Tuesday, May 29, 2012

Is Spain Next?

With Greece in a shambles and dragging down Europe, could Spain be next? Spain has unique financial weakness because of a national push away from fossil fuels and toward "green energy" that destroyed the manufacturing sector that accompanies the socialist policies already undermining the other European economic basket cases. Spain like Greece may already be past saving and ironically, instead of heeding this warning, the United States Barack Hussein Obama has mimicked the policies that broke Spain, right down to pushing solar and wind energy with massive subsidies while crippling coal and oil with burdensome regulation and onerous taxes. If you see a man drowning because he will not let go of an anvil, you probably should not jump into the water carrying an anvil yourself.

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