Well, it had to happen sooner or later, so clearer heads prevailed. I'm not talking about the end to the NFL referee strike, but about the budget news from Spain and Greece.
Spain is making big pledges in order to qualify for a massive bailout of its economy. Ministers there approved plans to cut spending and institute economic reform via 43 new laws to be written in the next few weeks. The bold plan, which nobody believes is achievable, should go a long way toward getting money for Spain's citizens since their banks have already scored 130 billion Euros.
...











Economy Skimming Surface