In response to:

King Obama of America Meet King Philip II of Spain (1556)

MochaLite Wrote: Sep 01, 2012 4:38 PM
Charles, love you on Cavuto! And thanks for this article. It's always about the spending!

The economic model President Obama wants America to embark on has been tried many times in many places and every time its failed.  We are reminded of this when we look at Spain.  Massive government spending on projects like countless airports never used, high speed rail and new highways. 

Sure, it looks fantastic but there are no commercial trucks, there are no commuters, and the only mobility is downward. Three regions of Spain have requested emergency bailouts and more are lining up. 

They are bogged down with gigantic debt for public projects that were...

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