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Tuesday, May 18, 2010

More bad news from Europe

Spain going the way of Greece?  Yes, all indications point that way. The green policies of Spain that Obama admires so much are not bearing any fruit because the trees are rotten to the core as are all trees planted by the Left.  Get ready for more bumps and grinds on the market.   And, while we are at it, let's build some more of those tall rotating things,  it's all  worth it for filing those bankruptcy papers. 
....This document is not a public report. Spanish media has referred to its existence in recent weeks though, while Bloomberg and the Washington Examiner have noted the impact: Spain is now forced to jettison its plans — Obama’s model — for a “green economy.”

Remarkably, these items have received virtually no media attention.

An item which has been covered widely, however, is that President Obama is now pressuring Spain to turn off its spigot of public debt in the name of averting a situation similar to that of Greece.

Also covered widely is Obama’s promotion of the American Power Act — the legislation which would replicate Spain’s current situation in the United States.

Put simply, Obama is currently promoting a policy in the U.S. which is based on a policy that he wishes to see Spain abandon. Welcome to Obamaland, the particulars of which are explained in a fashion grandly more illuminating than this Obama-Zapatero dance in Power Grab: How Obama’s Green Policies Will Steal Your Freedom and Bankrupt America.......

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