What Almunia said is pure logic!!!!

1) you can't pay debt with more debt
2) as long as you guarantee savings accounts, there is no need to support
"banks"that never will overcome their problems and generate revenue!
He is NOT ANTI-SPANISH, he is simply an economist who knows the maths
of the immense problem that the incompetence of De Guindos and Rajoy have
generated, after having wasted 4 precious months not doing anything about
the ailing banks enormous debt and afterwards taking the wrong path to solve
this problem->
"Please, help! how can we have such a bunch of incompetents as politicians ?
Is this a reflect of the "Latin character"? or simply we live in an absurd
reality" (see my post on June, 10th)
May God of Devil help us!!!!
Poor Spain.