There are some economic headwinds blowing strong right now. And one of them is coming from Spain where a disappointing bond auction yesterday sent government borrowing costs to a 5 month high and renewed fears about the European Debt Crisis.

The European Central Bank yesterday printed $640 billion worth of euros, almost the same amount of money as the TARP program used by the U.S. government during the financial crisis in 2008.

As Spain gears up for new leadership, the European Union wants airlines to reduce emissions or pay for permits allowing them to pollute. During the holidays, consumers generate as much as 25 percent more waste from packaging, unused holiday cards and wrapping paper, and other seasonal items. In some Atlanta neighborhoods, houses are selling for under 10,000 -- less than the price of many used cars.

The ECB has given about 490 billion euros in cheap loans to European banks, reflecting the crisis in Europe’s banking system.