Look what we did...

We killed 6 million Jews and replaced them with 20 million Muslims. In Auschwitz we burned culture, thought, creativity, and talent. We destroyed the chosen people, truly chosen, because they produced great and wonderful people who changed the world. The contribution of this people is felt in all areas of life: science, art, international trade, and above all, as the conscience of the world. These are the people we burned.

Under the pretense of tolerance, and because we wanted to prove to ourselves that we are cured of the disease of racism, we opened our gates to 20 million Muslims, who bought us stupidity and ignorance, religious extremism and lack of tolerance, crime and poverty, due to an unwillingness to work and support their families with pride.

And thus, in our misery, we have exchanged culture for fanatical hatred, creative skill for destructive skill, intelligence for backwardness and superstition…what a terrible mistake was made by miserable Europe.

Spanish Writer Sebastian Vilar Rodriguez; January 15, 2008

Europe: from bad to worse

18 Signs That The Banking Crisis In Europe Has Just Gone From Bad To Worse

With each passing day, the banking crisis in Europe escalates. European banks are having their credit ratings downgraded in waves, bond yields are soaring and billions of euros are being pulled out of banks all across the eurozone. The situation in Europe is rapidly going from bad to worse. It is almost like watching air being let out of a balloon. The key to any financial system is confidence, and right now confidence in banks in Greece, Italy, Spain and Portugal is declining at an alarming rate. When things hit the fan in Europe, it is going to be much safer to have your money in Swiss banks or German banks than in Greek banks, Spanish banks or Italian banks. Millions of people in Europe are starting to realize that a "euro" is not necessarily always going to be a "euro" and they are starting to panic. The Greek banking system is already on the verge of total collapse, and at this rate it is only a matter of time before we see some major Spanish and Italian banks start to fail. In fact it has already been announced that the fourth largest bank in Spain, Bankia, will be getting bailed out by the Spanish government. It is only a matter of time before we hear more announcements like this. Right now, events are moving so quickly in Europe that it is hard to keep up with them all. But this is what usually happens in the financial world. When things go well, it tends to happen over an extended period of time. When things fall apart, it tends to happen very rapidly.

And at the moment, things across the pond are moving at a pace that is absolutely breathtaking.

The following are 18 signs that the banking crisis in Europe has just gone from bad to worse. . .

READ MORE

The Spanish Domino

"We have at most a month before Spain drags down the entire EU..."

Things have gotten so bad that Spanish citizens are pulling their money out of Spain en masse: €65 billion left the Spanish banking system in March 2011 alone.

Spain Is About to Enter a Full-Scale Collapse

If Spain's crisis deepens Europe's recession, it could tip the entire world economy into a stubborn slump. The ramifications would be enormous, including: reduced odds of Barack Obama's re-election, assuming a weaker U.S. recovery; less political cohesion and more social unrest in Europe (even now, the European Union's unemployment rate is 10.2 percent); and growing pressures in many countries for economic nationalism and protectionism.

Spain is suffering a hangover from what economist Desmond Lachman of the American Enterprise Institute calls "the mother of all housing booms."

The Pain In Spain

Like toast?

Under the radar:

Spain is toast. That's the solid opinion of a billionaire global investor I know with whom I met privately in Paris last weekend. The only European countries left standing financially when Spain and thus the EU-Euro enterprise goes under are Germany, Denmark, and Holland - plus non-eurozone countries like Norway and of course Switzerland. There's a chance Italy might barely squeak through, but likely not the UK, and France is broke.

We'll always have Paris, and Europe too - but the EU-Euro game is soon to be over.

Oh - and my billionaire friend (whose $20B private equity fund is averaging 68% returns, so he knows what he's doing) won't touch investing in China with a 20-foot pole...

David Yeagley: "The personal revenge of two Negroes, an American and an alien, is hardly a foundation for national leadership!"

BadEagle.com Racial Revenge: The Real Reason for the Trip to Spain

Will We Defend Israel?

From Ed Koch (former Mayor of New York City)--read the whole article here.

I was requested by an e-mail writer to read the comments, published on February 8, 2010, of Pilar Rahola, a Spanish politician, journalist and activist. Spain today is one of the most hostile nations to Israel, probably because of its large Muslim population and economic contracts with the Muslim world. Ms. Rahola sums up her feelings with the following statement directed at those constantly assailing Israel.

Today too, as yesterday, that left is hawking totalitarian ideologies, falls in love with dictators and, in its offensive against Israel, ignores the destruction of fundamental rights. It hates rabbis, but falls in love with imams; shouts against the Tsahal [Israeli Defense Forces], but applauds Hamas' terrorists; weeps for the Palestinian victims, but scorns the Jewish victims, and when it is touched by Palestinian children, it does it only if it can blame the Israelis. It will never denounce the culture of hatred, or its preparation for murder. A year ago, at AIPAC's conference in Washington, I asked the following questions: Why don't we see demonstrations in Europe against the Islamic dictatorships? Why are there no demonstrations against the enslavement of millions of Muslim women? Why don't they declare against the use of bomb-carrying children in the conflicts in which Islam is involved? Why is the left only obsessed with fighting against two of the most solid democracies of the planet, those which have suffered the bloodiest terrorist attacks, the United States and Israel?...Because the left no longer has any ideas, only slogans. It no longer defends rights, but prejudices. And the greatest prejudice of all, is the one it has against Israel. I accuse, then, in a formal manner: the main responsibility of the new anti-Semite hatred, disguised as anti-Zionism, comes from those who should have to defend freedom, solidarity and progress. Far from it, they defend despots, forget their victims and remain silent before medieval ideologies which aim at the destruction of free societies. The treason of the left is an authentic treason against modernity.

The "Green Jobs" Scam

“President Obama has cited Spain as an example to be followed for how our country can achieve long-term growth if we just commit ourselves down a path of a massive, long-term subsidization of ‘green jobs.’ But if that’s really the model on which the president’s basing U.S. policy, we may be in for a longer, deeper and more severe recession than previously thought.

Read and Weep

Go Green? Get Screwed.

Subsidizing renewable energy in the U.S. may destroy two jobs for every one created if Spain’s experience with windmills and solar farms is any guide.

The mirage of "green jobs".