In response to:

Economy Skimming Surface

TexasVRWC Wrote: Sep 29, 2012 9:20 AM
"There are other barriers like a slack work ethic and limited intellectual firepower (Greece) needed to compete in the global economy." I wonder if Nicole Petallides and Andrea Tantaros would agree basically calling the Greeks lazy and dumb? I think they would to some extent.

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.