Live Webcast From Biggest Spanish Protest Yet

Tyler Durden's picture

Last year video of Greek protests turning violent was enough to force Waddell & Reed to sell several thousand ES contracts which crashed the market. Will this year's catalyst be Spain (which may just be too big for the CDO known as the EFSF to bail out)? While the gatherings in Spain have been getting bigger (and judging by this live feed, the one tonight is the biggest yet), they have so far been peaceful. Yet with 21% unemployment, and according to some over half of youth without a job, just how long until someone decides to send a flaming Molotov cocktail at the riot police? Watch a live webcast from Spain below.

Live TV : Ustream

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tmosley's picture

These DeliMex ads keep asking me to log into them. I have to admit, that is some secure add that you have to log into.

Robslob's picture

Here in Texas we wouldn't waste time wondering around like cattle.

We would probably shoot some bankers, politicians and lawyers though...

sulfur's picture

well then please go ahead and do so

kito's picture


Henry Chinaski's picture

Wake me up when the umerikans protest... zzzzzzzzzzzzzzzzzzzz

CompassionateFascist's picture

When the credit/debit cards stop producing food, you'll be woken up. Suddenly and violently. Remember, all the Europeans have submitted to the gungrabbers. Not here in America. You have no idea how violent this is going to be.  

Oracle of Kypseli's picture

There has been a delay to the inevitable due to the fact that the foreclosed are living rent free, the unemployed collect for 99 weeks+ and the food stamp recipients are in record numbers. But.. the government can not feed all of us. I predict the breaking point to be spring-summer of 2013 when high unemployment, high foreclosures and end of benefits collide.

smlbizman's picture

if you are home watching this as you scan thru your local and major news sources channels....and compare.....

nufio's picture

i was actively seraching onilne for any report to this and its really been undercovered.

camaro68ss's picture

Protesting is just in a bouble right now. It will calm down and return to normal soon. Muhahahaha

Hephasteus's picture

It only costs 5 austerities to dig it out of the house.

smlbizman's picture

heph, i junked you cause that was nice....

Pepe's picture

so what the hell are you waiting 4

Zero Govt's picture

more importantly, what are the crowd waiting for?

i presume these are the usual public sector protestors. Ok yes the politicians have promised you cushy (totally unproductive) jobs for life funded by other peoples work (the private sector) with cushy holidays, unlimited healthcare and 5 star public pensions twice as generous as the people the politicians rob can afford themselves

so the public sector sheep gather in a flock to protest against the broken promises of politicians who are bankrupt, all out of other peoples money, all out of any more foreign debt... what do these sheep expect to fuking happen precisely??????

..they could at least start at the back of the cue behiind the more legitimate complaints of the private sector who pay for this cushy parasitical lifestyle to continue!

flacon's picture

They expect that tomorrow they will be able to spend like it was today - afterall why not - money is free and they have jobs that they believe actually "produce" things (digging a ditch produces a lot of dirt for someone else to have to fill the ditch back in - makes perfect sense - full employment Keynes style).

Aductor's picture

Nothing can be as cushy as being a bankster though. And I was so naive believing in those "market forces" or whatever Yoda spoke about would take care of them.

sun tzu's picture

Government regulators and law enforcement allowed the banksters to get away with it.

Politicians bailed the banksters out. 

reload's picture

What Zero Govt says is not too wide of the mark, man up junkers and say why you think he is wrong. The Public sector has been sold a lie, as have we all. The difference is that they want the lie to be continued and are in denial, believing that perhaps it can be sustained. The denial has not yet turned to anger but it might do......

It is daily becoming clearer that western democracy and economic stability has been thoroughly subverted. politics, government and financialisation are horribly entwined and corrupted.

I do not see how this can either be sustained or unwound without terrible hardship. I hope I am wrong, Ideas anybody........?

Does debt repudiation, a new hard currency, a flat 20% tax and a ballanced government budget appeal?

rockraider3's picture

When you are done, can you go to Michigan and take care of that guy who won the lottery 11 months ago but has still been taking food assistance all this time? 

blunderdog's picture

If you're up for that, don't forget John McCain, with his huge salary, military pension, rich wife, and SS benefits.

I mean, what the hell.  Every little bit helps.

Apeman's picture

There in Texas, you don't even wander around like cattle. You just keep sitting in your couches.

Pepe's picture

and from there you cheer the cluster bombs falling from the sky. Tough dudes

sun tzu's picture

Kind of like the gutsy Obama sitting in the White House while ordering hundreds of cruise missiles to destroy Libyan cities while the tough New Yawkers and Clownifornians sit on their couches and cheer him on

blunderdog's picture

Hey, Apeman, you been to Texass in May?  Gettin' hot, pardner.

suldog's picture

Need plane fare to NY?

mfoste1's picture

worse is happening right in front of your eyes and you have not done jack shit. Baaaaaaaaa

mophead's picture

I don't think there's anything special about Texas. Citizens in Texas are just as apathetic as the rest of the country. If it's between freedom and: ipads, who want's to be a millionaire/chef wars, and big SUVS, Texas, like the rest will take the latter, each and every time.

Manthong's picture

Looks like a heck of a party. Hope they have plenty of tinto and tapas.

jus_lite_reading's picture

This year BEnron will make sure there is no sell off... NYSE Rule 14.2T is in effect: "No selling whatsoever is permitted [with the full exception of insiders and anyone with connections to the Squid.]"

Liquidity bitches

mynhair's picture

Nope.  Never happen here.  Right?

knowless's picture

those that understand the situation have already prepared. the majority is working check to check (be it pay or welfare), when it's disrupted, time bomb. no peaceful anywhere, because of mass forced ignorance. they gonna be lookin for what they want.

met more than a few people with comprehensive looting plans for a city, anything falls, it's over, no marching on the square, strait kill and steal all the way.

the masses are too ignorant to be awakened as a whole, the rabbit hole they say, keep grasping at the walls as they fall, never able to get a hold.

there is too much they don't know to hold peace, it would take too long to just explain a fragment of the truth to them in the state they're in, and a starving man ain't gonna sit for that for long.


I'm pretty sure that even incremental devaluation won't be able to keep above riot threshold, but i'm not an expert professional future caller, so who knows, maybe the majority will be fine with their new normal.

so in answer to your question, no, that could never happen here.

jus_lite_reading's picture

Interesting... bookmarked it...

Captain Willard's picture

This will be our kids in 10 years.

Weisbrot's picture


no later than 2013



john39's picture

recent college grads in the U.S. are in virtual debt prison, even if they can find a mcjob.  no dischargability, no way out.  almost like it was set up this way. hmmmm...

sun tzu's picture

The only hope they had was a federal government job. That's pretty much dead as the feds have stopped hiring. From what I hear, there could be a hiring freeze for up to 5 years until enough people retire to allow fresh blood in. There will likely be mass layoffs in defense, EPA, transportation, DHS and other departments that became bloated under Bush and Obama.

Pepe's picture

I am not sure. I think they are too well domesticated

BigMike's picture

Bring it down...bring it all down!

Id fight Gandhi's picture

21% unemployed, wait until is 50% then they'll worry. Until then by your bubble internet stock and party on.

vocational tainee's picture

21% is regarding the total number of youth. Unemployment of 18 to25 is already 50%..

topcallingtroll's picture

People arent hungry enough to work at demeaning low paying jobs. Bring back hunger and watch those spanish take those immigrant jobs. As a bonus you no longer need african immigrants.

magpie's picture

EU setup / Schengen is there for them to move to the "job engine" & "Heart of Europe".

Mec-sick-o's picture

Ya se les terminó la Caixita Feliz?

Todo ese montón váyanse a Lorca a reconstruirla en lugar de estar estorbando.

Ya hubieran terminado con 2 pájaros de un tiro.

andybev01's picture

Sad that only about 13k viewers appear to be logged in watching this.

BigMike's picture

Yeah, but after a few minutes of nothing happening what reason is there to continue watching?

NotApplicable's picture

Kind of like watching NASCAR.