Liar. Untrustworthy. Socialist. Zapatero.

The press media this weekend related the story of Martinsa-Fadesa, a real estate promotion big company, with a large tradition on developments not only in Spain but also in the rest of the world (Europe, Africa, Central American). The story is about the debt of the company, which needed to be refinanced and thus was renegotiated with the banks and the creditors. The story is about a conversation between Mr. Martín, president of the company, and Mr. Zapatero, president of the Spanish government.

The conversation took place before the March elections. Supposedly, Mr. Zapatero promised a credit of the ICO, the Spanish agency for financing projects, a credit that now has been refused by the institution (the decission was taken at the top level, which means the government). Apparently, was Mr. Zapatero did not wanted to have a bankruptcy of a big company, specially from the construction sector, before the elections. And so he promised the credit. Now the situation is that Martinsa-Fadesa has to go to a “creditor’s contest” (situation similar to the bankruptcy), because the credit from the ICO was refused.

This is not the first sign of the value of the word of the Spanish president. Mr. Zapatero do not honor what he say. In fact, Mr. Zapatero acts always on his own advantage, and what he say today can be (in fact is) different what he will say tomorrow. This is something that anybody who meets him knows. What is the purpose of meeting with him if, at the exit, you can be stabbed on the back like a traitor?

Mr. Zapatero lied before when he said that he did not negotiated with the terrorist band ETA. And worst, he rectified on a newspaper, not on the Spanish Congress. Mr. Zapatero lies all the time: saying that there is no crisis, and there is an economic crisis. His word worths nothing. His untrustworthy. He is a liar. He is socialist. Synonymous?

~ by gerenton on July 15, 2008.