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Spain's "Social Network" Protests Enter 4th Day

Tyler Durden's picture




 

First twitter and facebook took down several North African regimes where Ben Bernanke drove the people to a hunger-based desperation, now twitter is poised to topple the Spanish government. At least that appears to be the conventional wisdom in Spain, where for the fourth day people across the country are protesting record high (21%) unemployment and various other economic slowdown after effects. CNN reports on the latest out of Spain.

For those seeking a fist-person look from the ground, here is a summary of the 5 W's of the Spanish protests courtesy of Spanish blog Against the Wall.

The Five W's

    * Who is it about?

 A huge amalgam of groups and civil associations, the bigger ones "Democracia Real Ya" (Real Democracy Now) "No les Votes" (Don't Vote Them) moving TENS OF THOUSANDS of people from every politic side, and ranging from 16 to 70 years old. More youngsters, of course, but in the late twenties and young families. Some traditional "alternative" dress codes but TONS of high university degrees between the groups. Smart people, and using social networks like crazy. they refuse to be from any political party, and specifically ask for removal of any sign related to parties, nationalisms, religions, or the old Kingdom vs. Republic discussion.

    * What happened?

On May 15th sixty different marchs were convoked using exclusively twitter, facebook, blogs and such. Not a single traditional media element echoed, neither any political party organized anything.

Is not a map of nice tourism cities, but centers of the marches.   

    * Where did it take place? and  When did it take place?

In each and every province in Spain, and once finished the march on 15th, every day in the different plazas in each capital of province, random numbers from 100 to 5000 people are CAMPING following with protests. Today as well. Tomorrow as well.
 
    * Why did it happen?

Finally it seems the "civil society" as we say here are starting to awake. The slogans are incredibly varied , most of them very catchy, and covers dozens of topics, asking for fundamental changes in Elections Law (asking for open candidate lists, instead the current closed lists that made that even politicians currently waiting for corruption trials are elegible in this weekend Municipal Elections), to threats à là Icelandic : To haunt and trial the bankers and politicians responsible for the biggest scandals in the recent years, ranging from the sale of millions of ounces of gold to appeals to a fundamental switch in the way of thinking: "Apaga la TV, ponte a pensar" (Turn off TV, start to Think).

    * How did it happen?

No flags, no funny party colors. Just people tired and angry.

The Social Networks, namely facebook, twitter, and prominent independent forums as burbuja.info have been working for weeks now, trying to convince everyone that a) It was not a movement instrumentalized by any political party and b) It was time to go out. If with 5 million of official unemployment (21% of active population, more on that on my next article), a huge real state bust product of massively weak credit politics, encouraged by stablishment, and uncertainity about the inmediate future watching how other countries at our side are getting more and more social cuts to pay the crisis generated by the elites, don't go out, then when?

The Stakes Have Been Laid Down

From the complete blackout that the biggest march on 15th was given by all newspapers, TV and in general, official media, to the several debate programs that today are running in every TV channel, this four days have seen a true meaning for everyone. This is not a kid's game, the Powers That Be are using everything on it: From only showing the typical dawn quarrels between 5 "professional rioters" and the police, in order to make a 20,000 people march appears like an anti-system battle, to mutual accusations from the biggest parties of being the source of the movement to, of course, mine and disgrace "the other". The significant other, i must say.

The first part is done. People is awake now. the second part is going to be harshest: If the upcoming elections see a raise in the number of voters, but a decline in the two biggest political parties (Out own republican and democrat parties) , the social movement will go further, and probably some key changes will start to evolve.  But if less people vote, or in uncertainity the fear moves people to the biggest parties, as strong as the tide arrived, it will go back to the traditional and sadly famous spanish lack of interest on anything beyond food, R&R and soccer.

 

 

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Thu, 05/19/2011 - 07:50 | 1290717 Azannoth
Azannoth's picture

If you topple a dictatorship, you might (just) might affect real change, however if you topple a 'democratic' government you get just more of the same under a different name

 

Whoever invented democracy (modern day not Greek style) did a real good job at it, it's a virtually indestructible system of passing on power and still retaining it in the background, what we have in the West is not at all different from what they have in Russia only there they don't bother to pretend

Thu, 05/19/2011 - 08:05 | 1290741 Holodomor2012
Holodomor2012's picture

Mahathir Mohamad, former Prime Minister of Malaysia has some thoughts about who invented democracy.

http://www.youtube.com/watch?v=jsJgYd5uCiY

Thu, 05/19/2011 - 09:03 | 1290898 Azannoth
Azannoth's picture

1 reason why the West 'bothers' to pretend who the real power brokers are is the 'who they are'

If a Russian is ruled over by another Russian, no big deal, but imagine what would people think if they learned who the real rulers of the Western world are..

Thu, 05/19/2011 - 13:00 | 1291872 Ahmeexnal
Ahmeexnal's picture

Spain's prime minister (Mr. Bean) has no choice but to fabricate another "11-M" A-Q attack, like the one that got him into office.
Time to short the spaniard ETF.
This was no surprise. After all, the krauts consider that Spain *is* Northern Africa.

Thu, 05/19/2011 - 08:19 | 1290758 Freewheelin Franklin
Freewheelin Franklin's picture

Totalitarian Democracy.

A man is none the less a slave because he is allowed to choose a new master once in a term of years.

Thu, 05/19/2011 - 08:16 | 1290759 GeorgeHayduke
GeorgeHayduke's picture

In that case, maybe the Anarchists are onto something.

Thu, 05/19/2011 - 14:41 | 1292644 VyseLegendaire
VyseLegendaire's picture

I have to agree.  I lost respect for this 'movement' when they started talking about 'democracy' and 'voting' as a solution.  What we need is a complete breakdown of the way things are done – an end to centralization and control by the gov't in all its forms. 

Thu, 05/19/2011 - 07:54 | 1290720 hugovanderbubble
hugovanderbubble's picture

Tyler im in Madrid

 

Just short STD ,BBVA and POP SM EQUITY

http://www.rankia.com/respuestas/769567/images/40529

 

Banco Santander with a Price target set at 6.10 euros means --------STD------->8.5 $ (1.40 EURUSD) ceteris paribus,

Head and shoulder from 9.4 to 7.70 ---->22% drop extension and 30% vs current quote.

Spain is in DEFAULT and i can assure everyone in the world that this statement is TRUE

 

The country gonna blow up this weekend to modify the legal voting schedule 22th May.

 

 

Place in contact with me for any kind of info. you have my email.

 

I have done this video edit a year ago.

http://www.youtube.com/watch?v=HS_75A6hXSg

Regards,

Thu, 05/19/2011 - 08:34 | 1290804 thislittlepiggy
thislittlepiggy's picture

Next week could turn into a shit fight as new bureaucrats turn up for their first day in office and find the coffers empty. In time honoured tradition they will want to expose the incompetence and corruption of the ousted party to reinforce why they have been elected and promise to sort it out - then settle their lazy and corrupt asses down in the same seats warmed by their opponents only hours before, to begin figuring out how they can line their own pockets before the next elections....

Thu, 05/19/2011 - 08:02 | 1290734 Josephine29
Josephine29's picture

This coincides with the upcoming regional elections in Spain. On that subject Notayesmanseconomics feels that this election may also lead to more trouble for Spain.

The Financial Times has spotted some research which suggests that Spain’s regional governments have an extra 26 billion of Euros of debt sitting on their books than they have owned up to...................

 

The particular reason for pointing this out now is that Spain has regional elections this weekend. Like any new chief executive it might suit any newly elected politicians to clear the decks and declare the true debt levels…..

 

http://www.mindfulmoney.co.uk/wp/author/shaun-richards/

 

Doesnt it always start this way in the Euro zone?

 

 

Thu, 05/19/2011 - 08:04 | 1290736 Josephine29
Josephine29's picture

Apologies for repeated comment.

Thu, 05/19/2011 - 08:05 | 1290738 Josephine29
Josephine29's picture

Ditto 

Thu, 05/19/2011 - 08:03 | 1290743 Americant Expat
Americant Expat's picture

I haven't been on FB for a while now for numerous reasons. If people would like a more secure social network where privacy concerns can be more contained they should check out Diaspora. I'm in no way affiliated with this media but I have just signed up. https://diasp.org/

Thu, 05/19/2011 - 09:44 | 1291089 JW n FL
JW n FL's picture

http://goo.gl/3bto9 Use Twitter? Do you Blog? Do you Chat? YOU! are a Home Grown Terrorist(s) Per Home Land Security! See Link(s) and Official Report(s).

 

 

http://goo.gl/SSwAE Twitter Court Ordered to Provide Names / http://goo.gl/0YRnN Twitter Terrorists, ALL of US! / FBI Needs NO! Warrant http://goo.gl/s5VE2   

 


 

Death of America Movie “Fall of the Republic” HQ full length version

http://goo.gl/EwUsC

 

 

Thu, 05/19/2011 - 10:06 | 1291182 Americant Expat
Americant Expat's picture

Yes, I'm aware. I'm not a tech guru so I have no idea how much more secure Diaspora is compared to Facebook or Twitter. On the surface it does appear to be more secure as you control and maintain the information as opposed to operating off a central website. Does this mean .gov couldn't get into your account? Doubtful, I'm sure they could hack and do hack peoples' accounts all the time. The way i see it though, the more new sites they have to keep track of the harder it is for them to keep up. Use it don't use it I don't care, it's an information spreading tool and should be as valuable as people deem it to be.

Thu, 05/19/2011 - 08:12 | 1290749 johny2
johny2's picture

They should re-think that idea of selling the gold.

Thu, 05/19/2011 - 08:13 | 1290751 scratch_and_sniff
scratch_and_sniff's picture

pesky idealists, they think if they do enough social networking that jobs will appear out of nowhere. What do we want? JOBS! When do we want them? NOT JUST YET, WE'RE TWEETING!

Thu, 05/19/2011 - 08:18 | 1290757 reload
reload's picture

Demos look much bigger & more widespread than uk msm reporting - suprise suprise. Not sure how that H&S will play out - it looks more like a descending wedge to me with support at @750, the bloody stock is UP today!! I hope you are right though - I despise Santander.

Thu, 05/19/2011 - 09:13 | 1290943 alien-IQ
alien-IQ's picture

yes the MSM seem to be understating the crowd size by quite a large margin. I posted a video that shows a wide angle of the crowd and it's a hell of a lot more than a "few thousand" people.

Thu, 05/19/2011 - 08:16 | 1290760 Bubbles the cat (not verified)
Bubbles the cat's picture

I'm doin' my bit for Spain's unemployed. I'm visiting the place next month. I intend to eat, drink and liaise as much as my ass can take.

Thu, 05/19/2011 - 08:26 | 1290783 Hannibal
Hannibal's picture

Eat, drink and be merry,..Viva Spain!

Thu, 05/19/2011 - 08:38 | 1290807 hangemhigh77
hangemhigh77's picture

The people need to show the government scum and the banksters they have something to learn by forming lynchmobs and yanking these scum out of their offices and houses and lynching them.  Prosecuting them does nothing, they pay a fine or get off completely. When you "prosecute" them you're using THEIR corrupt system.  They need to know when they skrew the people then they will be summarily hanged for treason.  PERIOD, end of story.

Thu, 05/19/2011 - 09:05 | 1290912 Silverstar
Silverstar's picture

Looks like the clifhangers starts to fall

 

Moves of the spanish Bonds

2.3% in the 2 Year

http://www.bloomberg.com/apps/quote?ticker=GSPG2YR:IND

1.7 % in the 5 Year

http://www.bloomberg.com/apps/quote?ticker=GSPG5YR:IND

and 1% in the 10 Year

http://www.bloomberg.com/apps/quote?ticker=GSPG10YR:IND

 

and here you can see the rest

http://pigbonds.info/

 

Hope everything keeps peaceful

Thu, 05/19/2011 - 09:10 | 1290931 alien-IQ
alien-IQ's picture

CNN and the BBC are vastly underplaying the size of the protests taking place in Spain. I've seen both of those news networks mention "several thousand people" and the BBC stated in a report I read yesterday that it was "2000 protesters"...yet the following video blows both of those reports right out of the water.

This is much much more than "a few thousand"...unless by a "few" you mean 10-20 thousand...

http://www.youtube.com/watch?feature=player_embedded&v=ar2nmOQZEjw

Thu, 05/19/2011 - 09:30 | 1291009 topcallingtroll
topcallingtroll's picture

We are protesting unemployment!

We need more government solutions and taxes and regulations to solve this!
Thu, 05/19/2011 - 10:03 | 1291154 Azannoth
Azannoth's picture

The titanic is sinking! solution More Ice!, (ice floats duh!)

Thu, 05/19/2011 - 10:08 | 1291178 Careless Whisper
Careless Whisper's picture

Note to Elena Ortega at 0:58

tell your unemployed son to move to greenwich, ct. many wives of hedge fund managers looking for pool boys. he'll do fine.

Thu, 05/19/2011 - 11:00 | 1291466 Waffen
Waffen's picture

Those protests look pretty small and pathetic.  Not even close to the size of Tea Party protests here in the states for example, and what good did they do?

 

 

Thu, 05/19/2011 - 11:39 | 1291649 Mountainview
Mountainview's picture

The Spaniards want to look the torro in the eyes! It's a nasty beast...and fights back with mortgage papers, foreclosure threats and

confiscation!

Thu, 05/19/2011 - 11:43 | 1291660 el Gallinazo
el Gallinazo's picture

I wonder what would happen if the people of a country the size of Spain went with the Icelandic solution? Spain has not "socialized" the debts of its insolvent banks (yet) the way they have been in Ireland, UK and the USA.

Thu, 05/19/2011 - 12:19 | 1291874 Dejean Splicer
Dejean Splicer's picture

This story was a giant FAIL. Why?

Because everyone hates social networks.

Thu, 05/19/2011 - 12:38 | 1291978 boooyaaaah
boooyaaaah's picture

Hey one good thing about socialism.

When it fails. When people get hungry,
When the economy suffers.

You can always protest and bring in totalitarian communism or police state national socialism.

Happened before

Will happen again

Thu, 05/19/2011 - 12:36 | 1291986 boooyaaaah
boooyaaaah's picture

Hey one good thing about socialism.

When it fails. When people get hungry,
When the economy suffers.

You can always protest and bring in totalitarian communism or police state national socialism.

Happened before

Will happen again

Thu, 05/19/2011 - 12:40 | 1291990 boooyaaaah
boooyaaaah's picture

Hey one good thing about socialism.

When it fails. When people get hungry,
When the economy suffers.

You can always protest and bring in totalitarian communism or police state national socialism.

Happened before

Will happen again

Thu, 05/19/2011 - 12:41 | 1291996 boooyaaaah
boooyaaaah's picture

Hey one good thing about socialism. When it fails. When people get hungry, When the economy suffers. You can always protest and bring in totalitarian communism or police state national socialism. Happened before Will happen again

Thu, 05/19/2011 - 15:42 | 1292935 AldoHux_IV
AldoHux_IV's picture

Best of luck to the spanish-- hope we get a movement here soon.

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