Spain's King Juan Carlos I to abdicate - CNN.com

Posted by $ rockymountainpirate 10 years, 11 months ago to News
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You have to wonder if this helped his decision along: http://www.channelnewsasia.com/news/worl...
Proud of their distinct language and culture, a growing number of Catalonia's 7.5 million citizens resent the redistribution of their taxes to other parts of Spain and believe the region would be better off on its own.

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  • Posted by $ jbrenner 10 years, 11 months ago
    As badly as Spain has spiraled into debt, it is amazing that the Spanish have allowed him to remain in power as long as he has. The Spanish are a long way from the era of their acquisition of the gold and silver in the then "New World". Now that money has left them, I am reminded of Francisco d'Anconia, "Money is the barometer of a society's virtue."
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  • Posted by $ jbrenner 10 years, 11 months ago in reply to this comment.
    Not to mention Captain Henry Morgan and his attack at Puerto Bello in what is now Panama.
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  • Posted by preimert1 10 years, 11 months ago in reply to this comment.
    Philip II and his ill-fated Grand Armada in 1588 squander much of that wealth. Much as quixotic ventures by us in the middle east have squandered much of ours.
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  • Posted by Non_mooching_artist 10 years, 11 months ago
    Well now. This puts an interesting spin on my upcoming trip to Spain, (next week!)...
    If I have any problems, at least some people will know I'm there....
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