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Spanish austerity measures coming Thursday will include restrictions on early retirement, PM...

  • Tuesday, September 25, 2012, 8:18 PM ET
    Spanish austerity measures coming Thursday will include restrictions on early retirement, PM Mariano Rajoy tells the WSJ, and a new tax authority - including taxes on stock transactions? - as well as job-training programs. They'll still resist a bailout, but if debt interest rates were "too high for too long" the chances of a bailout rise to "100%."
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This news story has 18 comments:

  •  
    The future of american under lord Obama.
    25 Sep 2012, 08:35 PM Reply Like
  •  
    Austerity is coming to America under Mitt Romney, he will cut taxes for only wealthy and borrow trillions for decade long wars, gas will be 6-8 dollars gallon, unemployment will reach 20%. Mitt says hungry should hunt for food in woods.
    25 Sep 2012, 09:18 PM Reply Like
  •  
    youd rather have us follow Europe's lead?
    25 Sep 2012, 09:28 PM Reply Like
  •  
    Terry oh Terry, what are you talking. Gas doubled under Obama. In 2008, it was at $2.56. Now, $4.23. Food price increased by 20-30%. More freeloaders aka record number of people on foodstamp. Well, all this happened in last 4 years. Lets not project future. What Obama projected never happened but reverse happened. Like cutting debt to half; but added another 6T.

    If its your ego, please give it up and do something good for country.
    25 Sep 2012, 10:19 PM Reply Like
  •  
    Yeah it's amazing how many crickets we hear now from democrats when it comes to oil prices. That's all people could talk about during the bush years LOL
    25 Sep 2012, 10:30 PM Reply Like
  •  
    Funny....Fox mentioned in summer of 2008 that the president has no control over gas prices. Apparently, they have changed their position on that fact when a Democratic president is in power. Hmm...
    25 Sep 2012, 10:31 PM Reply Like
  •  
    Gas was lower under W. Bush because he was firing 600K each month in the last days if his evil regime. Food prices = climate change. Food stamps, Mitt romney types sell out American workers to China. Federal debt, more war spending and tax cuts.


    .
    25 Sep 2012, 11:08 PM Reply Like
  •  
    Yes, unemployment was lower, few people on foodstamp etc etc. I can go on. You may like Obama as person but his policies are disastrous on US economy. Im a sorry to see you being so blinded.
    25 Sep 2012, 11:14 PM Reply Like
  •  
    Obama’s admin has shut down ALL public lands for drilling and the Gulf of Mexico, that’s how the President can control gas prices.

    Dr. Steven Chu (Obama's Secretary of Energy) said in an interview with the Journal in September 2008. "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,"

    http://bit.ly/SQtDNa
    25 Sep 2012, 11:16 PM Reply Like
  •  
    ha. look at a graph of gas prices before obama took office. It was at all time high under Bush before the market crashed. Gas prices at the start Obama term was rock bottom because the economy was rock bottom. Nowhere to go but up.

    Keep telling yourself everything is Obama's fault. It isn't
    25 Sep 2012, 11:19 PM Reply Like
  •  
    Today US has about the cheapest gas in the world, Europe is $9.00 gallon. President Obama has keep US gasoline prices cheap, while adding jobs for 34 straight months. US oil drilling is at a record high, even the Gulf of Mexico.
    25 Sep 2012, 11:25 PM Reply Like
  •  
    I have to hand it to you Terry330. No one likes you or your asinine comments on this site and yet you still post something almost every day.
    26 Sep 2012, 08:18 AM Reply Like
  •  
    About the idiotic political bashing, on both sides: you're not going to convince people your side is right if you talk that way so how about you just skip it?

    Anyway, this is about Spain. And, 'resisting a bailout'. LOFL!
    25 Sep 2012, 09:24 PM Reply Like
  •  
    How is what they are doing NOT a bailout??

    Spain is out of money and people are moving their money to other countries as fast as they can.

    Just ignore Terry the Troll, posting irrelevant info.
    25 Sep 2012, 09:34 PM Reply Like
  •  
    Just ignore Pwdrskir, he is on the Tea Party payroll at $6.00 day.
    25 Sep 2012, 11:29 PM Reply Like
  •  
    Spain's big issues are structural and refusal to write down bad debts. Will take a long time to get Spain on the right track and these kick-the-can down the road attempts have resolved almost nothing.
    25 Sep 2012, 11:29 PM Reply Like
  •  
    Europe, like the American people, wanted to do the right thing.

    On the fourth vote, the politicians jammed TARP through in order to ensure their steady stream of kickbacks and bribes from the banks, et. al. That was the turning point for the people.

    Europe was ready to take the opposite approach and write the debt down, take the medicine, and move along to rebuilding. At the last minute turbo Timmy ran over there and told them he would backstop anything their central bank bought. Like America, more debt to resolve old debt.

    Now the 'people' are voting again, in the streets. Their message: No! You the politicians created this spending mess. You the politicians benefited mostly from the profligate borrowing and spending. And You the politicians are going to take the medicine, NOT the people.

    WE already gave. Now the politicians will give. That is the message which the people are starting to deliver around the world. Expect that, in time, you will see the same thing here in America.
    26 Sep 2012, 07:06 AM Reply Like
  •  
    It would be interesting to know the day by day outflows of cash from the banks...the bank run.....it has to be high....the only ones left will be the governments accounts and pension accounts...

    But Spain is a wreck...they still have not marked to market their real estate portfolio....and its is worse than the USA´s....50% haircuts...and their job rules are terrible if you own a business...and pensions are the golden goose..
    26 Sep 2012, 07:47 AM Reply Like
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