20111121

Conservatives Win Spain

In the Spain elections 2011, the Conservative Popular Party Wins Overwhelming Victory. Now if the Spanish have learned, why can't the U.S.? Amazingly, with evidence that big govenment collapses under its own weight, we have people in America who still have not learned the lesson.

Now someone will say: "But the U.S. mortgage crisis was caused by greedy capitalists." The person who says that is clueless does not understand how heavily involved the federal government has been in the housing market for decades. Why would private banks loan people hundreds of thousands of dollars without any collateral or down payment? Because the federal government guaranteed the loan.

The US is far from being a free market system.