Wednesday, April 11, 2012
More economic chaos and Eurpopean-style socialism
As others and I have noted before, the EEU with its Democratic Socialism is clearly where Obama and liberal Democrats want to take the country, in spite of little or no constitutional justification. They, and most of the media ignore the lesson of where European-style socialism has taken much of western Europe (e.g. Greece, Portugal, Ireland). Huge deficits which can only be remedied by austerity cuts which bring out riots, destruction, etc. The philosophy seems to be "full speed ahead, damn the economic realities and the European experience." Spain may be the next casualty. However, the stakes are even higher for Spain.