Despite it all, the only country to-date that has escaped default and not required a rescue is Spain. Portugal, Ireland and Greece, the first objectives of the “great domain” together with Spain –the plural “s” in the term “pigs”- have already fallen into the clutches of the markets and are progressively being caught up in the whirlwind of a “vicious cycle” of budget cuts, deficit reduction, privatization, layoffs and decreases in public spending… without, moreover, being able to print more money (as the United States and United Kingdom are doing, having respectively announced the issue of 300,000 million dollars and 75,000 million pounds sterling).
And now the “I” of Ireland has been joined in the debacle by the "I" of Italy...
And all of this despite the Eurozone’s inability to create a fiscal and economic federation, issue Eurobonds, reduce military spending and establish an autonomous security system…
Despite the irresponsible real estate “bubble” and the hundreds of thousands of immigrants that it prompted, the majority without proper papers…
Despite not having received support at the most critical moment –May, 2010- from our principal opposition party, whose de facto leader, Mr. Aznar, continues to squawk about unemployment and the economic situation. In his multiple appearances in many different countries he has always devoted the most distressing epithets to describing the Spanish economy…
Despite his enormous efforts, this friend of Mr. Bush and co-invader of Iraq, advisor to Mr. Murdoch, media mogul, owner of huge gold mining enterprises and head of a foundation devoted to ensuring that people “adapt”(!) to climate change rather than moderating or preventing it… has not been able to see Spain add the “s” required to make “PIG” plural…
Great!
I am so glad!
And now the “I” of Ireland has been joined in the debacle by the "I" of Italy...
And all of this despite the Eurozone’s inability to create a fiscal and economic federation, issue Eurobonds, reduce military spending and establish an autonomous security system…
Despite the irresponsible real estate “bubble” and the hundreds of thousands of immigrants that it prompted, the majority without proper papers…
Despite not having received support at the most critical moment –May, 2010- from our principal opposition party, whose de facto leader, Mr. Aznar, continues to squawk about unemployment and the economic situation. In his multiple appearances in many different countries he has always devoted the most distressing epithets to describing the Spanish economy…
Despite his enormous efforts, this friend of Mr. Bush and co-invader of Iraq, advisor to Mr. Murdoch, media mogul, owner of huge gold mining enterprises and head of a foundation devoted to ensuring that people “adapt”(!) to climate change rather than moderating or preventing it… has not been able to see Spain add the “s” required to make “PIG” plural…
Great!
I am so glad!
0 comments
Post a Comment