609. Spain and EU sucking it up - Congrats

What would be negative news for the Socialists of the world who need Welfare -- sound like OBlunder and our Democrats? -- was positive for the markets today. NO stimulus action for Spain AND Spain not looking for one. The statement coming out of the ECB was: "I don't think it would be right for monetary policy to fill other institutions' lack of action," said ECB President Mario Draghi, suggesting there would be no more long-term lending to banks unless governments come up with solutions" so reports Reuters in this article. I am hoping they can agree to austerity measures as needed, at which point, there may be some stimulus money to award them short-term. Mucho gracias.