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Spain to unveil $8.6 billion stimulus package
Associated Press ^ | May 31, 2014 9:31 AM EDT

Posted on 05/31/2014 8:22:09 AM PDT by Olog-hai

Spain’s prime minister says his government will unveil a stimulus package worth €6.3 billion ($8.6 billion) to boost competitiveness. […]

(Mariano Rajoy) said Saturday corporate tax would be cut from 30 percent to 25 percent. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Chit/Chat; Local News; Miscellaneous
KEYWORDS: eussr; porkulus; spain; stimulus
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To: cloudmountain

The fact that their governments fell bespeaks much corruption especially out of the creditors.

Remember when it came out that the Bundestag was reviewing Ireland’s budget before the Dáil and Seanad even got to review it? What would the people of the US think if a foreign government got to scrutinize the US federal budget even before Congress got a look at it?


21 posted on 05/31/2014 9:23:55 AM PDT by Olog-hai
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To: Olog-hai
The fact that their governments fell bespeaks much corruption especially out of the creditors.

No kidding.

=======================================

Remember when it came out that the Bundestag was reviewing Ireland’s budget before the Dáil and Seanad even got to review it? What would the people of the US think if a foreign government got to scrutinize the US federal budget even before Congress got a look at it?

Hmmm. Do you REALLY think that the Europe governments DON'T scrutinize, to the penny, our US federal budget?
I think that the Europeans know, to the pennycentime EuroCent exactly what our federal budget is even before we do.

Personal opinion: I don't think Americans CARE what our budget is as long as WE have our domiciles, junk food, televisions-in-every-room and our six cars per every four-person families. "Wah, I GOTTA have a back-up car, ya know!!"

We don't even KNOW what's going on in Congress. I think we stopped caring a LONG time ago. "Just gimme my stuff."

Just an opinion.

22 posted on 05/31/2014 9:41:58 AM PDT by cloudmountain
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To: cloudmountain

I’ve never heard of the Bundestag scrutinizing the federal budget. Then again, the mainstream media is not so free about broadcasting such things if it happens—but on the other hand, the alternative media would have discovered it and let that cat out of the bag.

I also have not heard of any bailout loans coming from the EU and IMF to the US either. Nor are we a member state of the EU, obliged by treaty to keep deficit spending under 3 percent of GDP.

Your indictment of “consumerism” comes out of left field.


23 posted on 05/31/2014 9:47:11 AM PDT by Olog-hai
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To: cloudmountain
AND after their own nests have been duly and sumptuously feathered.

Let's not forget their cronies. It may look like they're wasting money, but that money has to line somebody's pocket.

24 posted on 05/31/2014 10:00:17 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: cloudmountain
Actually, Canada's middle class is now the richest in the world. That's right, the USA is now second to another country in middle class wealth for the first time in decades. You can thank Obamanomics for that.
25 posted on 05/31/2014 10:00:17 AM PDT by Corporate Democrat
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To: Olog-hai
Your indictment of “consumerism” comes out of left field.

Huh? There is/was no "indictment" of "comsumerism." YOU are being unnecessarily dramatic.

26 posted on 05/31/2014 11:10:00 AM PDT by cloudmountain
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To: Corporate Democrat
Actually, Canada's middle class is now the richest in the world. That's right, the USA is now second to another country in middle class wealth for the first time in decades. You can thank Obamanomics for that.

==================================

From Wikipedia: Over 90% of Canadians live within 100 miles of the US border.

==================================

Population:
CANADA: slightly less than 33.5 million folks there.
USA: 313.9 million (2012)--almost 10 TIMES the population.
California: 38 million--California has more people than ALL of Canada.

==================================

Land area:
CANADA: 9.98 million square kilometers or 3.8 million square miles.
USA: 9.827 million square kilometers or 3.794 million sq miles--SLIGHTLY smaller.

California: 163,696 square miles or 423,970 square miles--TINY compared to Canada or the rest of the USA

==================================

SO, Canada SHOULD be doing very well.

And since they haven't changed land size and population in many, many centuries, Obamacare can't be blamed for the USA'S failures, compared to Canada's successes.

27 posted on 05/31/2014 12:05:36 PM PDT by cloudmountain
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To: Moonman62
Let's not forget their cronies. It may look like they're wasting money, but that money has to line somebody's pocket.

Undoubtedly!

28 posted on 05/31/2014 12:13:55 PM PDT by cloudmountain
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To: cloudmountain


Post 26: Huh? There is/was no “indictment” of “comsumerism.” YOU are being unnecessarily dramatic
Post 22: Personal opinion: I don’t think Americans CARE what our budget is as long as WE have our domiciles, junk food, televisions-in-every-room and our six cars per every four-person families. “Wah, I GOTTA have a back-up car, ya know‼”
That at least is an attack on “consumerism”, if not an indictment; certainly is a stereotype from the left. I understand it is your opinion, but it makes me curious as to what formed it.

And frankly, even though the worker class of Red China has all of that too (including the bubble economy), they are still very concerned about their own freedom never mind the financial solvency of their country. Same applies for the workers in the European Union member states that have unemployment rates of over 25 percent.

I was not aware I had injected any drama into that observation; rather, it seems to me that double exclamation marks are more dramatic, with all due respect. And for the record, I do own a backup car and have owned them in the past; it is no fun to discover your primary car has failed and you either have to rely on a taxicab service or public transit when time is a factor for your travel plans.
29 posted on 05/31/2014 12:53:42 PM PDT by Olog-hai
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To: Olog-hai
If I was a Brit,a German,a Swede or a Finn...someone from a European country where people actually *work* for a living... I'd be enraged by the fact that I'm supporting layabout Spaniards,Italians and Greeks as well as my own family.

But then I'm supporting 30 million layabout Mexicans (and others).

30 posted on 05/31/2014 1:47:30 PM PDT by Gay State Conservative (Rat Party Policy:Lie,Deny,Refuse To Comply)
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To: Gay State Conservative

Supporting? There aren’t any subsidies going to the bailed-out countries; those are loans. The terms of those loans are quite draconian, up as far as nullifying the power of the national governments of the recipient member states. The loans were actually forced on those countries, by making their national governments fall and replacing them with governments who were willing to take them.

If it were the case of freebies like what are handed out in this country, I’d say so. But this is way different. And it is all done with the approval of the elites, not grudgingly on their part; but so far, the citizens of the countries that have shouldered those loans have not done anything about it and had no voice in terms of stopping it.


31 posted on 05/31/2014 1:53:34 PM PDT by Olog-hai
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To: Olog-hai

They should count prostitution and drug sales as part of GDP like Italy and Great Britian started doing.


32 posted on 05/31/2014 2:15:55 PM PDT by Mike Darancette (Do The Math)
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To: Olog-hai

Maybe they’ll start a space program to look for gold on other planets. Maybe even a fountain of youth.


33 posted on 05/31/2014 2:35:22 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: Olog-hai
That at least is an attack on “consumerism”, if not an indictment; certainly is a stereotype from the left. I understand it is your opinion, but it makes me curious as to what formed it.
I seriously doubt that I have anything stereotypical of the left in me. But, if that is YOUR opinion, that is fine with me.

====================================

And frankly, even though the worker class of Red China has all of that too (including the bubble economy), they are still very concerned about their own freedom never mind the financial solvency of their country. Same applies for the workers in the European Union member states that have unemployment rates of over 25 percent.
I wouldn't presume to know what the people of China are concerned about. We visited there in 1981 and I found them just like ordinary people everywhere--concerned about their children, home, job and such.

When they and Europeans start quoting unemployment rates, I shut down because VERY few people in any given country are privy to the REAL facts of any country's unemployment rates. Nations spout what they want to world to hear. Believing so sublimely in the drivel we get on the Internet is naive.

====================================

I was not aware I had injected any drama into that observation; rather, it seems to me that double exclamation marks are more dramatic, with all due respect. And for the record, I do own a backup car and have owned them in the past; it is no fun to discover your primary car has failed and you either have to rely on a taxicab service or public transit when time is a factor for your travel plans.
Lol. What a drama queen you are..."with all due respect." You sound like Michael Corleone.

As for back up cars, why not? It IS no fun to discover that one's primary car is on the outs. Aren't we DARN LUCKY to be able to write about our "back up" cars?

====================================

My husband and I lived in Saudi Arabia five years and traveled, oh everywhere. THAT is when we went to China, when it was first opened up to us "round eyes." We made a ton of money and got to see MUCH of the world. We learned so much about ourselves and how LUCKY we were to be born when and where we were.

Well, enjoy the last of spring!
Ma salaama and fi aman illah!

34 posted on 05/31/2014 5:24:28 PM PDT by cloudmountain
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To: cloudmountain

Canada does well for four basic reasons.

They aren’t afraid to maximize the extraction and export of natural resources and they have a buttload of those resources.

They don’t pay to defend their country from foreign attack or invasion, yet they are completely safe thanks to the NATO treaty and having automatic aid from the largest military superpower in the known universe.

They don’t allow mass immigration of people who are uneducated, low skill set and don’t speak French and/or English.

They speak the same language and have a commerce system conducive to trade with the largest importer of goods and services in the history of the world, while sharing a three thousand mile common border with that trading partner.


35 posted on 05/31/2014 10:10:48 PM PDT by Go_Raiders (Freedom doesn't give you the right to take from others, no matter how innocent your program sounds.)
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To: Go_Raiders
All that you say is true.
You'd THINK with all that going for them that there would be more than 33 million people in their entire country and that 90% of them wouldn't feel that they have to ALL live within 100 miles of the US border.

Of course, being close to the border HAS provided JOBS. Apparently they have no problem with acknowledging that the US is a HUGE provider of jobs, which, for some odd reason, Canada doesn't provide.

36 posted on 06/01/2014 7:07:21 AM PDT by cloudmountain
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To: cloudmountain

There aren’t more of them because they limit immigration and their fertility is around replacement level.

As to the 100 miles of US Border, it’s because of three things - climate, climate and climate. You have no appreciation of how miserable it is when you get that far North. You can’t grow crops, the place is frozen most of the year, and then boggy swamps full of biting insects when it thaws out.

Canada has lower unemployment than the US. They would still have these jobs if China took over the US’s role of buying their exports.


37 posted on 06/01/2014 10:01:39 AM PDT by Go_Raiders (Freedom doesn't give you the right to take from others, no matter how innocent your program sounds.)
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To: Go_Raiders

But China has little interest in buying anything; they want to sell their crap (and crap it is).


38 posted on 06/01/2014 10:05:03 AM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: Olog-hai

Who is going to lend Spain the bucks for this stimulus?
.


39 posted on 06/01/2014 10:06:07 AM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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