[Kartographer]

And so the monetary conflagration of Europe grows. S&P now rates the recently nationalized Bankia is junk, what does that imply about Spain?

[driftdiver]

Is this bad?

[tcrlaf]

Spain is worse off than Greece, in many respects..

They have districts that want to break away from Spain already, and they destroyed the manufacturing base for “the Green Utopia!” of outrageously expensive energy and poverty.

25% unemployment, civil unrest just beneath the surface, and foreign powers nationalizing it’s industries overseas, without the slightest fear of retaliation.

And they don’t have the ginned up race hatreds we have here. You are looking at America’s future, folks, if we don’t wake the hell up by November.