US is Spain, Obama is Zapatero

DamnYankee

Loyal to the end
Anyone remember the Madrid bombings in 2004? It was a terrorist act by radical Muslims in an effort to sway the elections. And it worked: Zapatero and socialists won and conservatives were tossed out.

As Prime Minister he pursued his socialist agenda. Although he inherited a booming economy the bubble burst so he did what any good Keynesian would do: he spent lots of money. Spain has spent billions on international airports, high speed rail, and expansion of towns and villages. The only problem: they are all empty. Unemployment is 20% and in March Moody's downgraded the credit rating to Aa2.

Keynesian economics doesn't work, it has never worked and we have a example of its failures right in front of us, happening now.

Yet The Obama, in response to S&P downgrading the creditworthiness of the US for the first time in history after doubling the national debt pursuing Keynesian policies, wants to spend more.
 
It was 3/11/03, and the only reason why Zapatero and the Socialists swept into power is because the idiots in government had the brilliance to blame it on Basque insurgents, thinking it would inspire more outrage against that minority group. They didn't bother to do any fact-checking, they were just like "well, who else in Spain has been known to commit acts of terror?" and ran with it.
 
March 11 2004: Ten backpack bombs explode on four morning rush-hour commuter trains in Madrid, killing 191 people and injuring more than 1,800 others. Hours later, police find a van with detonators and a cassette tape with verses from the Qur'an at a train station through which all of the trains had passed.

March 12 2004: Police deactivate a bomb hidden in a backpack found on one train. The mobile phone rigged as a detonator - a system also used in the other devices - is their first big break.

March 13 2004: Police make their first arrests, including a Moroccan-born man who sold the pre-paid cards used in the mobile phone-detonators. Al-Qaida in Europe claims responsibility for the bombings in a video found near a Madrid mosque. In the video, an Arabic-speaking man with his face covered says the bombs were revenge for the Spanish troop presence in Iraq and Afghanistan.

March 14 2004: Socialists unseat the ruling conservatives in the scheduled general election. The conservatives had blamed the attacks on the armed Basque separatist group Eta, even as evidence of Islamic involvement emerged. Weeks later, the prime minister, José Luis Rodríguez Zapatero, withdraws Spanish troops from Iraq.
http://www.guardian.co.uk/world/2007/oct/31/spain.menezes
 
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