In response to:

Where is the Breaking Point?

Frank130 Wrote: Jan 22, 2013 8:32 AM
Yep. Look to Greece & Spain. That's what's coming to Obama's America soon. It's what happens when you push for ever bigger government & ever bigger deficits.

Spanish banks have already shed 30,000 jobs in ins banking crisis. Another 20,000 cuts are due in 2013, along with pay cuts and reduced pension contribution. In response Spain's Banking Unions Announce Strikes.

Workers at three of Spain's bailed-out banks will stage strikes in coming weeks as they fight mass layoffs, unions said on Monday, spreading industrial unrest to a sector where walkouts have so far been rare.

While the banks, crippled by a property bubble that...