Follow London's Biggest Demonstration In A Decade As 300,000 Protest Austerity And Public Sector Cuts

Tyler Durden's picture

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EscapeKey's picture

There is zero chance the budget can be resolved through further taxation, and the demonstrators smoke crack if they think it can.

http://intrinsicvalueoffiat.blogspot.com/2011/03/on-protests-in-london.html

 

Judge Judy Scheinlok's picture

When I press my escape key I get Hope and Change.

EscapeKey's picture

Funny, when I press mine, I get Tragedy & Hope.

Bananamerican's picture

no

but then neither am I familiar with the "Vulnerable Chinese Migrants Association"

Thomas's picture

"Let them eat fish and chips."

Charlie Munger

EscapeKey's picture

No, that's the first I've heard of them, will have a look - cheers. I was referring to Carroll Quigley's work.

ElvisDog's picture

EscapeKey is right. I know austerity and budget cuts are painful to those who are affected by them, but where do the protestors think the money is going to come from to continue the benefits and public sector jobs they enjoy? Reality can be a bitch, but the reality is that there isn't enough money (real money/wealth, not fiat currency) to pay for what they want.

john39's picture

how about the Rothchilds give back what they stole?

ElvisDog's picture

I think it's important to look at velocity (dx/dt) rather than a single point in time (x). In the U.S., the cost of public sector pensions and health care has been going up on average at 11% over the past 10 years. The general tax revenues during that time have gone up something like 2-3% on average. The general tax revenues are higher now to be sure, but a line with an 11% slope will catch up to a line with a 2% slope pretty quickly. When I say "there is no money", I'm really talking about a long-term point of view.

srelf's picture

Here Here!

The regularity of one class of humans gathering too much to themselves gets boring when one views it historically. Queue the hungry masses, yearning to be free.

docj's picture

Seize it all.  Fine.

What do you do next week?

boricuadigm-shift's picture

Anyone has noticed helicopters in Bank of America(or other banks) in other cities?  Today I saw a huge helicopter hovering over Bank of America building in (Brickell) Miami, FL.  I know, I know... conspiracy theory...  But it may me think.  What is a huge helicopter doing at 8:30am hovering over a bank trying to land what it look like a 15' diameter x 10' tall cylindrical object on a Saturday Morning?

Food for thought!

 

False Capital's picture

Ben Bernanke making good on his promise?

Freddie's picture

They use to do this with checks to get them processed faster.  I guess one day's worth of float paid for the expense of picking check up by chopper.

Caviar Emptor's picture

Who says they want to "Resolve" it?

Attitude_Check's picture

True.  But is unconscionable, evil in fact, to expect the costs to be borne by the public WHILE the culprits primarily responsible get government funded bailouts!

gallowglass's picture

 Boy,I hate it when Anarchists protest Government cut-backs!

tmosley's picture

Hahaha, THAT'S what they are protesting?

England is well and truly fucked.  

cossack55's picture

Anyone spot any Gadsden Flags yet?

Horatio Beanblower's picture

There's more chance of seeing a flag with 'Please Tread On Me' written on it.  These brainwashed fuckers want increased taxes, bigger government, and more spending.  

 

 

Long-John-Silver's picture

They haven't figured out that they've run out of other peoples money.

Yes We Can. But Lets Not.'s picture

"Tread even more on the other guy" is more like it.

scatterbrains's picture

I hope they succeed if only just to witness before I die the bankers standing in their shoes with signs, protesting and hopefully even get to witness the police commence some serious beat downs of the bankers.

JLee2027's picture

There are few things in life more satisfying than out-living your vanquished enemies.

baby_BLYTHE's picture

Whoever appeals to the law against his fellow man is either a fool or a coward.
Whoever cannot take care of himself without that law is both.
For a wounded man shall say to his assailant, "If I Die, You are forgiven....If I Live, I will kill you."
...Such is the Rule of Honor.

Dr. Porkchop's picture

People complain because the sheep spend all day on their iPads and watching dancing with the stars, but when they actually get out on the street to engage in reality, it's still not good enough. What's the percentage of people that read Zerohedge or other sites like it? A tiny fraction of the world's population? Most people get their info from the mainstream, if they can get this far through the corporatist mindfuck and still figure out something isn't quite right, then I applaud them. Maybe they don't have all the answers, but I can guarantee that we don't either.

Canucklehead's picture

What is the expected goal of this 1970's/1980's style protest?  Everyone is too old to get laid...

tmosley's picture

This is like saying that people don't read enough, and then asking us to praise some moron who is holding a book upside down.  

They aren't "getting" anywhere.  This is exactly the sort of thing that got us to the point where we are now.  A give-away is a give-away is a give away.  It doesn't matter who it is going to.  It needs to stop.

These people are using the fact that bankers stole money as an excuse to themselves steal money.  This is the DEFINITION of two wrongs not making a right.

Maniac Researcher's picture

Yes...keep repeating to yourself that ZH is a credible source of information.

In your world, social welfare is theft? Really? There are plenty of texts that address the numberous debates surrounding social welfare and its relationship to taxation, politics, corporations, and the state that I have never seen referenced here. [for starters I would look at Jacoby, Berle & Means, Chandler, jr., Horwitz, etc]

Instead ZH delivers racial epithets, boorish misogyny, and vague ahistorical pronouncements of narrow worldviews. There is a considerable difference between understanding history in order to comprehend the present [read: why British folk are protesting today] and being bitter and hateful towards people you don't know.

sun tzu's picture

Yes social welfare is theft. No able bodied, mentally competent adult should be living off the labor of their fellow citizens. Throwing the race card in there won't change anyone's mind.

YHC-FTSE's picture

No, some social welfare is theft based on the conditions you mentioned. Not all. If a person is not an able bodied, mentally competent adult then surely it is not. So, it would be correct to say that social welfare is not theft, but there are thieves who exploit the system. Don't blame social welfare. Blame the thieves.

Baptiste Say's picture

All social welfare is theft end of story. It is funded by wealth coervicely extracted from those who bother to produce the wealth, if is not an area the robbed producer would have otherwise invested in and given contributing to it is not optional then by all means it is no less theft than me pointing a gun to your head and levying a $10000 fee for your freedom and life, even if I was planning on splitting this this money between starving children in Bumfuk Africa and subsidising housing for immigrants it is still theft.

YHC-FTSE's picture

My dear Baptiste, if we all believed that, we'd be back to seeing the kind of Dickensian suffering we know about throughout history: Slums, diseases, crimes, and bodies on the streets. I don't want that in my neighbourhood, do you? Well, maybe you do. I once posted that society is judged by how it treat its most vulnerable people and ended up trying to define every single word I typed because we were obviously so divergent on views it was like explaining the concept of sedimentary rock formations to a creationist.

Needless to say, I loathe the healthy layabouts who exploit and milk the system, but there is a very strong case for social welfare to provide a safety net to the most vulnerable people in our society. Nobody has to point a gun to my head to save a man from drowning.

YHC-FTSE's picture

@Maniac Researcher

Don't remember coming across you before, but that's one of the best posts I've read this evening. Don't take the junks seriously. 

tmosley's picture

If you don't think ZH is credible, get out.  Seriously, its credibility is all it has going for it.

Also, when something is taken from you under threat of violence, and given to someone else, it can be called many things, and it may in fact be one or more of those things, but it is also theft.  Always.

You will notice if you check my recent spat with Trav that I have brutally berated him for being a racist.  MOST people here are not racist.  You can take that collectivist false fact and shove it straight up your ass.  I have NEVER seen misogyny.  I don't know what the fuck you are talking about with regard to history.  I study history regularly.  It is a hobby of mine.

Further, these people are protesting for more of the same that got them what they have now.  That is the definition of insanity.

Looking through your posts, I see we have yet ANOTHER libtroll.  Joy among joys.  Christ, we don't troll Daily Kos, why do you feel the need to troll here, ESPECIALLY if you think there is no value to the articles?

YHC-FTSE's picture

Christ almighty - people can have differences of opinion without the fucking cretinous personal shit you heap on those you disagree with. Using your own tactics, if he is a libtroll, then you are a neocontroll (Or neoCuntroll). See what I mean? Sometimes I think you're one of those morons who always get the wrong idea in the lessons history can teach us, and sometimes you seem like a genius. 

 

There are lots of people I disgree with on one subject, and even on rare occasions junk (Though not on my thread), but then again on another thread I'd appreciate their astute comments. What the fuck's wrong with kind hearted liberals anyway? The world is already full of silly fucks who want more selfishness, more inhumanity, and more loneliness. 

 

ZH is more credible than most, but it certainly is not the fucking manna of information from heaven. We have all see articles here with sources that are dubious, badly researched, or even plain old wrong. Don't even get me started on the comment posts. ZH's driving force are the contributors, not its credibility - it has none by itself. All sources of information should be well referenced, verified and researched, (surely you'd agree?), and it does not pass muster. I don't think you're full of bullshit, but you really are not contributing if the only way you can express yourself is berate people for not being identical to you. Call them out if they are factually wrong, but not because he/she has an opinion you disagree with. Alright? 

Maniac Researcher's picture

@"tmosley" - kudos! your tireless fight against racism has earned you.....one cookie! Don't eat it all in one place!

 

The reason you don't understand my posts about history is because you don't understand the field. Perhaps some Marc Bloch would help - I'd love to sit there in the room and wait the ten seconds for you to grunt "libtroll" at the book and turn on the History Channel.

You've never seen misogyny on Zerohedge? That makes you both blind and stupid, dude - enjoy your delusion.

Oh yeah, and my favorite comment - what was it you said? "they" are protesting for more of the same? I didn't know you were a mindreader as well, tmosley. Why don't you put that skill to good investment use then - since you are so keen to knowing the thoughts of large swaths of people.

Ah, and finally the name calling. Yes, a libtroll. Sure, you can call me whatever name that soft brain of yours can come up with.

You know what name calling says to me? that you don't have anything left -- don't worry, it's a common symptom of "full of shit" syndrome. It isn't lethal but it has no cure. Lot of that going around these days...you and your buddy Trav have a lot more in common than you think.

baby_BLYTHE's picture

@Maniac R

Fine, GTFO. Quit wasting your time here. Obviously something lead you to come to ZH and take the time to set up an account.

I realize it must be quite depressing to someone of your profession seeing how much ASS Tyler kicks on a consistant unrelienting basis, getting plugs by financial channels and some of the largest nationally syndicated programs.

Now, back to yahoo to join your ilk.

Maniac Researcher's picture

No. I think I will stay and continue pointing out your bullshit where applicable, thanks.

-

Your "appeal to authority" argument about ZH credibility because it was mentioned by Rush Limbaugh is laughable - and only convincing to you and your friends.

Something did bring me here, though - you are correct. In order to attempt to conduct empirical research, you have to read all sides of the story - including the wingnut side. Many researchers avoid this area because of the frustrating number of willfully ignorant individuals they come across [Hello there!]. So ZH is somewhat useful in that regard - well, that and comic relief.

docj's picture

Not for nothing Doc, but the euro-left organizing a "massive protest", more often a rent-a-mob of the perpetually unemployed, is about as uncommon as high-tide.