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Follow on Google News | Humiliating defeat of socialists in Spain is a very bed news for President Obama.Sahit Muja: The Socialism is a system that ignores incentives. In a capitalist economy, incentives has the importance and drive the success.
The U.S.,presidential election could end up being a GOP landslide in 2012. Spain’s opposition conservatives scored a landslide win to oust the ruling Socialists in general elections in Spain Sunday. The Popular Party led by Mariano Rajoy has won an absolute majority in parliament. Spanish conservatives won a historically large mandate at the polls Sunday . In an election marked by bitter disappointment and desperation over the euro zone’s highest unemployment rate,. The Spain's socialists conceded a humiliating defeat as official results showed the PP has absolute majority of seats in the 350-seat house. The Socialists under Prime Minister Jose Luis Rodriguez Zapatero led Spain from boom to bust in seven years in charge of the euro zone's fourth-largest economy. Spain is now the fifth euro zone country where the government has fallen victim to the debt crisis, following Ireland, Portugal, Greece and Italy. The voters in Europe has fiercely punished the Socialists . The Socialists in the U.S., Europe has promised prosperity, equality, and security. The left in Spain, Greece in the U.S., and Europe has deliver a collective poverty and massive deficits. The Socialism is a ponzi scheme, socialism may show early signs of success and this was evident in Spain, Greece and Italy at the time borrowing and spending billions of euros, other peoples money.. In the long run, socialism has always proven to be a formula for bankruptcy. The Socialism is a system that ignores incentives. In a capitalist economy, incentives has the importance and drive the success. The strength of economy and prosperity can be attributed to an incentive. Spain, Greece and European Union will survive only by providing a free market system of incentives that promote thrift, hard work, and efficiency The socialism is a enslavement of the productive to the unproductive. We also need to get rid of the socialists in other countries in Europe and in the U.S. Sahit Muja President and CEO Albanian Minerals New York # # # Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe End
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