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Live Webcast From Biggest Spanish Protest Yet
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.
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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.
Here in Texas we wouldn't waste time wondering around like cattle.
We would probably shoot some bankers, politicians and lawyers though...
well then please go ahead and do so
WAIT, NO , THEN WHO WILL RUN THE WORLD? WE BECOME HEADLESS
Fire the Banksters!
Wake me up when the umerikans protest... zzzzzzzzzzzzzzzzzzzz
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.
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.
if you are home watching this....watch this as you scan thru your local and major news sources channels....and compare.....
i was actively seraching onilne for any report to this and its really been undercovered.
http://pauagainstthewall.blogspot.com/2011/05/extra-post-spanishrevoluti...
Protesting is just in a bouble right now. It will calm down and return to normal soon. Muhahahaha
It only costs 5 austerities to dig it out of the house.
heph, i junked you cause that was nice....
so what the hell are you waiting 4
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!
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).
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.
Government regulators and law enforcement allowed the banksters to get away with it.
Politicians bailed the banksters out.
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?
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?
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.
There in Texas, you don't even wander around like cattle. You just keep sitting in your couches.
and from there you cheer the cluster bombs falling from the sky. Tough dudes
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
Hey, Apeman, you been to Texass in May? Gettin' hot, pardner.
Need plane fare to NY?
worse is happening right in front of your eyes and you have not done jack shit. Baaaaaaaaa
talk is cheap...
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.
Looks like a heck of a party. Hope they have plenty of tinto and tapas.
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
Nope. Never happen here. Right?
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.
Living Through a Currency Devaluation
http://silverdoctors.blogspot.com/2011/05/living-through-currency-devalu...
Interesting... bookmarked it...
This will be our kids in 10 years.
It will not take that long..
no later than 2013
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...
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.
I am not sure. I think they are too well domesticated
Bring it down...bring it all down!
21% unemployed, wait until is 50% then they'll worry. Until then by your bubble internet stock and party on.
21% is regarding the total number of youth. Unemployment of 18 to25 is already 50%..
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.
EU setup / Schengen is there for them to move to the "job engine" & "Heart of Europe".
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.
Sad that only about 13k viewers appear to be logged in watching this.
Yeah, but after a few minutes of nothing happening what reason is there to continue watching?
Kind of like watching NASCAR.
LOL, thank you :)
Agree. Can we now tune C-SPAN?
Is that a statue of Dr. Zaius up in the upper right?
Dr. Zaius Dr Zaius.....wao....Dr. Zaius Dr. Zaius
Can't...resist...posting...
http://www.youtube.com/watch?v=gMnG3gOqigE
Excellent.......
Excellent, Smithers
Coño Tío, ¡Eso estuvo fenomenal!
looking a lot like egypt. bring them to there knees. The whole world needs to revolt....
stand up for your rights! but keep in mind its not about the people starting the revolution
but about the people ending it
Don't worry spanish tv will still report monster ratings and ad revenue.
Where is this taking place, exactly?
Siberia • Eastern Portion Of The Russian Federation
Puerta del Sol. Madrid.
http://www.youtube.com/watch?v=h8lWaJWCfhM
When do we get to nationalize everything and stand in the streets and wonder why our economy is a shit hole?
nationalize? Use privatize instead. Rob from the poor to give to the rich. Same thing is happenning to you. You have not felt it yet. see ya in a couple of years
Well! It is so simple!
It is all the fault of the rich.
Let us tax them more heavily. That will solve everything!
Even the stupidest rich people wouldn't put there money anywhere near that country. Haha.
Not sure what person or company you are refering to? Last time I checked all the people that steal and get away with it are assisted by the government. And I'm fully aware of the wasteland DC is creating for the US.
WE WANT MORE GOVERNMENT BENEFITS!
WE WANT MORE GOVERNMENT REGULATIONS!
VIVA ESPANA!
yeah. give away the few benefits you get from paying taxes. soon you will be paying for blankfein's toliette paper
I suspect most of the benefits were not going to the people working full time, but those who dont work.
Poor people and bankers?
Let me tell you something:
You are an American dumbed down fluoridated fat idiot!
Happy the day your fucking state is ctrushed!!!!
Maybe they just want jobs.
Then we need more government and higher taxes so the government can make a bunch of jobs.
No they need a better system.
No they need a barter system.
more protests set up for Gaza tomorrow. that is the one to watch.
but Spain won the World Cup !
my friend's cousin whom has a masters in poli-sci (yes, worthless i know) has come here from Italy to be a busboy. he reports that there is no hope at all among the young there. they have totally given up and expect it to get worse. they have given up on the future.
this is when people really start to get pissed. something really could happen in euroland. spain is in even worse shape.
remember, these young people's ambition in life was to be a bureaucrat, functionaire. over there, the old folks have completely insulated themselves and locked out the young. they are forced to work contract jobs for minimum wage. there is no job creation, if you create a private sector full time job, it is next to impossible to fire someone, even for gross incompetence.
the cradle to grave socialist dream is over.
these kids aren't getting their state job and they are PISSED.
.
Is it possible they will figure out their entire premise was wrong? Creating excessive job security led to no jobs?
High taxes and incentives to nonproductivity harm the economy. Think they will ever get it, or just blame the nearest boogieman?
Well, blaming the nearest boogieman sounds about equally reasonable, as blaming people without jobs for the lack of jobs. In that sense, you really aren't argueing that much better.... its so easy to point fingers at people and symptoms, instead of considering that the whole economic policy AND model is fucked..... but no, cannot say this - it would imply a lot of..... work.
Where have i blamed people without jobs? Desiring that they be highly motivated to take the nearest available job ( by getting rid of bennies) doesnt mean i blame them.
Oh yes.... making them "motivated"..... i know how that turned out in germany. And it could only be implemented, because there was popular sentiment as yours....... the results we catastrophic, both from a social AND a free market perspective...... (short version: in germany, unemployed have no rights anymore. Employers can arbitrarily set contracts (as long as they do not conflict with law), demand whatever they want.... because unemployed here now must accept ANYTHING... and i really mean anything. And not just that, there are further insane laws that amount to arbitrary surveilance and losing the right to travel the country).
Thanks to people here with a sentiment as yours, unemployed here now indeed are literarily treated almost like slaves.
In germany they cut off your unemployment benefits if you dont accept a job. What is wrong with that?.
Why should i as a taxpayer support someone who refuses to take a job because he doesnt like the work?
*head@keyboard* it's hopeless. Keep kicking symptoms and in the process support totally killing a free market at the bottom end.
Maybe there is a cultural divide issue going on here, but I can't tell what the hell you are trying to say.
I am interested, I just don't get your point.
My point is:
- The unemployment problem is not primarily caused by the unemployed, but instead by economic policies, models and technological advances
- That unemployment even is a problem (cash-drain) is idiotic, as soon as one does not take current morals and economic models as premise. Unemployment shouldn't be a problem - that it is a problem, is a model defect
- For a free market to function, among other things both parties of the trade need to be able to reject an offer. Once one party is forced to accept, the other party can set whatever conditions it wants. It even feels strange to even call this a "trade" or "negotiation" anymore.
- In the case of germany, the creation of those laws, and how they are applied, did/do not have the purpose of reducing unemployment. They mainly have the purpose of reducing wages and to deny unemployed benefits via terrorization and criminalization (the buerocratic procedures in many cases are designed for people to make mistakes).
So, the situation in germany simply is, that a moral appeal to greed and envy is used, to justify laws which's main purpose is reducing employee's lifestandard and rights. Finally, the overall treatment of unemployed is not designed to encourage and help them finding a good permanent job, but instead designed to bash and terrorize them, so that they out of desperation, stress and fear either stop requesting benefits, or accept any temporary job under any conditions. But since there are not enough jobs anyways, the result simply has been an escalation in power-bias between employer and employee.
P.S.: One ironic aspect of the situation in germany, is that the consequences of the above program, are in some ways even disadvantageous to employers. For example, most employers have stopped using the relevant institutions to find employees, because they get drowned in a giant mountain of useless applications (caused by unemployed being forced and pushed to write applications for any job-offer, regardless how inappropriate).
Creating excessive job security led to no jobs?
Well we tried the "creating no job security" here in the USA, and we don't have any jobs either, so...
What's wrong is the current economic paradigm. Time to think out of the box.
Private Sector productivity is so high that government have to "create" fake or semi-fake jobs. People need food, shelter, community. Those with "real" jobs HAVE to support the ""fake", otherwise unrest will begin.
Balance Books are fake. Bernanke has taught us that all the debt hole can be filled with fiat (QE). The inflation WAS during bubble credit expansion. That's why he (they) "fear" deflation.
Inflation is a tax. Which way you want it? On income tax? VAT? or "subtle" and creeping slowly.
The lobster sits there while cooked, because he gets used to the every warmer water, until dead.
Let them tax us or inflate us until death. Let's see who will survive then when there is nobody else to enslave.
I guess they will begin massive automation and robotics, and depopulation.
Then people will graze peacefully, history books will be rewritten, asl always.
Damn, I need to stop reading Huxley.
Yes. Must agree there.
This is a generational conflict.
All the old socialist bluffers of the sixties have been found out.
They want to keep everything for themselves.
They set up their inflated salaries and pensions and they are telling the young they must pay.
They are about to run out of money.
The young are going Galt. Good for them!
Me thinks the ECB is going Galt - or at least they are talking the talk - my money is on them bluffing.
There only option is to take direct poltical control if they want to continue to play their paper games
Plantation Bitches ?
http://ftalphaville.ft.com/blog/2011/05/19/573361/the-ecb-goes-all-in/
you fool, they aren't going galt. they want their own socialist benefits.
Let them eat Sopapillas
14,000 viewers. looks peaceful to me.
maybe a soccer game ending bad for people
what do they expect to get from standing around chanting?
more than by being in facebook
let me add, that it must be serious since they brought the "jugglers" along.
I like the MUSIC :o)
Looks like the Spanish are "gettin their shit on".
Bye bye ECB.
these socialist are about to be moved off of the square by the policia and the federales......
I stopped employing Spaniards 3 years ago,
They were useless on the whole, some were quite good but it was rare..
really?
really.
so what kind of employment you offer?
The type that does not fit with a functionario mentality.
¿Son perezosos y estúpidos?
Most white middle class youth are lazy and overcoddled, even in america they are worthless as employees.
si
¿Demasiado tequila y marijuana?
Y juegos de video
With a little imagination this could look like the Burning Man festival in California.
One state off, Burning Man is in Nevada. California won't allow you to burn anything lol.
Edit: The Burning Man is not CARB(California Air Recources Board) compliant.
It started in california with one guy, but was forced to go out of state.
At Burning Man, you can be wherever you want.
Baker Beach, BiCheZ!
Baker Beach Trail Map - San Francisco County - California (CA) (try the satellite shot!)
on the frozen tundra of the no ca coast. and drive carefully or you, too, will have a story about the MPs @ the Presidio!
this reminds me of that episode of south park called "die hippie die" bunch of hippies standing around in a circle jerking off and cursing corporations, banks, etc. without doing a damn thing. this is all their fault for not doing shit when the time was right...just fing voted without looking up.
either set shit on fire and show you're serious or die like sheeps that you are....
so what are you waiting for?
Are you fucking serious?
the world started to learn from the egyptians again after 7000 years
pyramid schemes ? social mummification ?
i'd credit Tunisian fruit vendors.
When Waddell & Reed farts, the market stinks!
Can't they just be 'paid' to stand on street corners holding solar panels?
Maybe with propeller hats?
Bloody peasants...they got no work ...but to protest..
where are the fuz?
Tennessee:
http://dailybail.com/home/video-tennessee-cops-fight-each-other-to-steal...
Wow. They are really really trying to break the middle classes back. Not stopping any drugs coming in but siezing EVERYBODIES cash.
Fair play to the west for embracing peaceful protest as a means of expression, but you have to admit, its fucking dull.
we have had the arab spring. what is this? the european late spring?
Prager Frühling. Deutscher Herbst.
Spanische feder, Deutscher sommer, Europaische sturz, Amerikanischer Winter
If they wait a little longer, the European Fall
this is the real Keynesian Endpoint. when democracy morphs into socialism and then the socialist bankers have to cut off their socialist brothers in the street. wow.
the one thing we know for sure is that REAL SOCIALISTS default on their debts.
what is the real outcome here? they lay off people to reduce the debt, the unemployment rate goes to 30%, the economy dives deeper into depression, they default either way right?
Meet The Biggest Prick in all of Germany................
Gabor Steingart
http://bit.ly/lNjKVm
Dont know why the germans are worried about Irish corporate tax, or the french for that matter. But i do feel sorry for you lot with people like Steingart saying you now need "educated" lol i would have choked the fucker. Man, never mind, i think you might be exiting the euro and re-pegging to the pound. This whole business with the queen doing a love-in while learning Irish on her feet, and William Hauge and Cameron over chiming champange glasses, hummm there just has to be something "going down in the hood".
I was naive enough 2-3 years ago to expect a deal with the continentals regarding debt forgiveness for CT - but these bastards want it all and expect to get blood out of Turnip fields.
The other side of the corporate marriage in Ireland is that the only raw materials the Irish own is Grass - The most productive seas in the EU ain't fished by many Irishmen now. I would be happy to trade our pharmaceutical industry for a fishing industry as most of those profits are externalised anyhow
If these internationalists want a rational discussion about externalities and subsidies many Irishmen not connected to the Dublin - Euro trough transfer mechanism would be happy to lecture them on the finer points of how Europe really works.
Of course this would kill the Iberian fishing industry but fuck it - lets follow this new patrician rabbit down the end of this hole.
But lets face it - the likelihood is we will lose our multinationals and continue to be Island without a marine industry.
Fucked in all orifices.
PS it looks like the BOE is becoming a option - at least when those bastards extract their rent they do not tell you which pot to piss in - its a small privilege but what do you expect - we ain't that bright.
And so it begins, in spain.
Here's to corruption and the end of the so-called new world order-- liberty, equality, and justice for all around the world. The elitists' time is running out.
Slavery no more-- slavery to the system no more.
Anyone speak fluent Spanish?
For any of this to turn out well, The People will have to understand who was responsible. Anyone betting on that?
I believe the time one spends in Hell is determined by the living's animosity towards you. I say hateful things about John Maynard Keynes every day, hoping it's true.
Hell, is truth seen too late.
There is alot of people that are going to be hell?
Mama, I'm in love with a Banksta...
coolio
Wonder what took the people of Spain so long to hit the streets. They voted for a socialist government in 2004 and it's been tits up ever since.
Coincidence? I don't know. But the abject failure of Spain, and their highly touted 'green jobs' revolution, has been hidden from plain sight by the anti-journalists here in the USA as they steadfastly refuse to do any reportage on what has transpired in Spain for the last 6 years to bring them to this bitter end.
Obama and the obamacrats modeled their plan for the USA on Spain even after it was a demonstrable failure. BHO made quiet phone calls to Spain and other countries last year to tell them they should start privatizing their socialized medicine -- to save money -- less than 60 days after he had just signed our socialized medicine monstrosity adn condemned us to the same fate.
Even most causal observers knew full well Spain was losing 2 jobs for every heavily subsidized green job they created. A well publicized European report (Danish?) came out detailing this and it was officiallly and summarily buried by the US MSM.
It's not that central planners are stupid, it's just that so much of what they know just isn't so.
The same socialized medicine that mandates hundreds of millions of people buy overpriced, overvalued health plans from commie insurance companies?
http://www.youtube.com/watch?v=wFZTToU_GVM
Spain needs to invent tokillya. That will get this mob energised.