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The Spanish Riotcam Has Arrived

Tyler Durden's picture




 

Spain's honeymoon with its new government is over.

Following months of hope that Spain will somehow tiptoe around the sensitive topic of austerity, despite promises of such and slow leaking of bond yields wider, yesterday the government promised to generate savings of €27 billion of about $36 billion (Spanish GDP is less than one tenth of America's, so an equivalent US cut would be about $400 billion), as demanded by Europe, but which will leave a harsh aftertaste with the general population. As Reuters notes: "The central government could meet its target but there's still a risk from the regions and the social security budget," economist at Madrid-based think tank Funcas Angel Laborda said. "I get the impression the central government has created a budget it can meet but has left everyone else in a rather difficult situation." Well, technically no. After all what Spain is doing is following the Greek playbook page by page, as expected back in October 2011 - first Spain sabotages its economy, then it demands more money, then it promises austerity, then it never keeps its promises but in the meantime, Germans are on the hook for hundreds of billions in more bailout cash. At the end of the day (for the euro), it will be they who are in the worst position, but since they get to retain their export partners (whose current account deficits the Bundesbank funds), all is well. That is, at least, until this latest unsustainable bubble pops.

Furthermore, as noted yesterday, it will be Spain's regions that are about to become front and center for the bond vigilantes:

The regional authorities, which account for around half of the total spending budget and were responsible for a large part of the fiscal deviation last year, must slash their own deficits in half this year.

 

But, with few details on Friday of how the central government cuts will affect the regions - a full breakdown will be published on Tuesday - it is still unclear if Madrid's austerity comes at the cost of the 17 autonomous communities.

 

What is clear is the regions, which hold the purse strings of the much treasured state health and education systems, will be forced to make unpopular cuts which could fuel growing public anger like that seen during the general strike on Thursday.

 

Marches across the country saw violent flashes for the first time since the crisis began last week as frustration erupted at the government's failure to address the 23-percent unemployment rate which rises to almost 50 percent for under-25s.

 

...

The economy is expected to shrink by as much as 2.7 percent this year and could find little to spark growth if the government is forced to raise taxes to meet this years 5.3 percent deficit goal and the target of 3 percent in 2013.

 

Rajoy was wrong to push Brussels for a loosening of the original deficit goal of 4.4 percent of GDP for this year and should have asked instead for a two year extension of 2013 target, an editorial in the left-leaning El Pais wrote.

Recall:

Is Spanish Regional Debt Out Of Control?

 

Spanish regional debt currently stands at 13% of GDP and has surged from EUR60bn in 2006 to over EUR140bn currently. As Credit Suisse points out, the top four regions account for the majority of GDP, two-thirds of regional debt, and, with the exception of Madrid, substantially missed their deficit targets. What is more worrisome is the heavily front-loaded nature of the maturing debt with substantial refinancing needs in the next 2 years and this regional debt is split between bonds and loans - with many of the latter from Spanish banks - yet another illustration of the interconnected contagion that is building more rapidly. The growing crisis in refinancing (liquidity and costs) for regional debt developed the idea of Ponzibonos 'Hispabonos' - debt issued by regions but guaranteed by the central government. The conditionality of these guarantees with regard to deficit targets wil be critical but once they are issued, the risk is that the regions are unable to get their finances under control, the Spanish debtload increases, and there is no longer the flexibility for a regional debt restructuring, should one be necessary.

 

Spanish regional debt has grown dramatically in recent years...

But the refinancing needs are massively front-loaded (and rely not just on markets but the banks to roll loans also)...

As a reference, front-loaded means the can can not be kicked down the road. It has to be resolved soon.

So as Greece is supposedly fixed, at least until its 3rd bailout, which was hinted at yesterday by the PM, Spain has once again officially joined the fray.

In the meantime, the people are less than delighted with this latest episode of mean reversion, sometimes incorrectly called austerity, as can be seen on the following pictures from last week's General Strike across Spain, which morphed into a less than general riot. Since more tax hike are imminent, we will very likely soon have to find a local version of the Syntagma square riot cam, preferably one situated in the middle of Plaça Catalunya.

 

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Sat, 03/31/2012 - 12:03 | 2306290 Moneyswirth
Moneyswirth's picture

Nothing to see here. 

Sat, 03/31/2012 - 12:19 | 2306337 Colombian Gringo
Colombian Gringo's picture

Viva La Revolucion!

Sat, 03/31/2012 - 12:37 | 2306381 redpill
redpill's picture

Now this is what I call sport!  College basketball was getting boring.

Sat, 03/31/2012 - 14:18 | 2306544 Oh regional Indian
Oh regional Indian's picture

Know your enemy....

 

/more-ows/

 

ori

Sat, 03/31/2012 - 15:03 | 2306627 erg
erg's picture

We can only hope brothers and sisters.

Imminent Televised Event: Mass Arrest of 10,000 Global Cabal Masters

http://www.youtube.com/watch?v=6eKhTUU35X4

http://www.youtube.com/watch?v=KjZgsRt8PBc

Sat, 03/31/2012 - 18:28 | 2306893 Banksters
Banksters's picture

Fulford is so full of shit he makes my colon envious.

Sat, 03/31/2012 - 19:23 | 2306936 erg
erg's picture

I never heard of him until today. It would have been a better interview if had kept his mouth shut.

Sat, 03/31/2012 - 20:52 | 2307054 Real Money Wins
Real Money Wins's picture

Rise up, brothers and sisters.
Turn your eyes and open your hearts...
to your humble benefactor,
your spiritual shepherd and dictator for life,
the Deacon of the 'Deez.

Sat, 03/31/2012 - 22:58 | 2307158 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

The roof the roof is on fire.

The roof the roof is on fire.

Burn motherf*&cker burn.

Sat, 03/31/2012 - 22:37 | 2307140 Think for yourself
Think for yourself's picture

fyi, this is the sick kind of hope.

Externalize your desires,
expectantly sit in apathy.
Powerlessness in its fullness,
outsource your course...

Sat, 03/31/2012 - 13:27 | 2306472 vast-dom
vast-dom's picture

we've only just begun...

Sat, 03/31/2012 - 14:26 | 2306562 Sam Clemons
Sam Clemons's picture

Plenty of time until the people are thoroughly turned to debt serfs and the sovereign gold is exchanged for a bailout.

Sat, 03/31/2012 - 17:59 | 2306865 francis_sawyer
francis_sawyer's picture

Bread Helmets bitchez!

Sat, 03/31/2012 - 23:13 | 2307175 Michael
Michael's picture

Bread helmets sufficed for the Egyptians.

Sat, 03/31/2012 - 14:50 | 2306610 Eireann go Brach
Eireann go Brach's picture

Looks like a regular Sunday in Spain when Barcelona are playing Real Madrid in La Liga!

Sat, 03/31/2012 - 17:05 | 2306819 natty light
natty light's picture

Hey where are the Irish? Gonna pay that parcel tax to pay bankers laddy?

Sat, 03/31/2012 - 21:34 | 2307089 oldman
oldman's picture

@moneyswirth

OK--nothing to see?

Right, well coming to a theater near you in 5 to 10 years-----------try getting to an ATM in these nothing to see scenes

they are the same as you as I as we------it is truly US!

But, OK I understand the reluctance just to be a prole-----but this doesn't change the fact that we are proles

Life is easy, especially when you stand back a bit from it                thanks           om

Sat, 03/31/2012 - 12:04 | 2306294 Cassandra Syndrome
Cassandra Syndrome's picture

Social Unrest, bitchez

Sat, 03/31/2012 - 12:19 | 2306336 Gidas19
Gidas19's picture

The picture with the balloons seems pretty violent...

Sat, 03/31/2012 - 12:51 | 2306410 bob_dabolina
bob_dabolina's picture

The Dale banana and juice truck also seemed pretty sinister in the vid.

Sat, 03/31/2012 - 21:05 | 2307066 Sizzurp
Sizzurp's picture

They need a riot dog.  El perro de disturbia.......

Sat, 03/31/2012 - 12:05 | 2306296 Lost Wages
Lost Wages's picture

GIABO in effect.

Sat, 03/31/2012 - 12:06 | 2306299 Conman
Conman's picture

Awww how festive... they brought balloons. Spaniards are even more lazy than greeks. Riot till 3 then siesta time.

Sat, 03/31/2012 - 12:26 | 2306353 Gidas19
Gidas19's picture

why work when you can riot, throw couple of molotov cocktails around and get a bailout?

Sat, 03/31/2012 - 12:41 | 2306383 Gully Foyle
Gully Foyle's picture

Conman

Allow Noel Coward to enlighten you

Mad Dogs and Englishmen (Noel Coward) In tropical climes there are certain times of day
When all the citizens retire
To tear their clothes off and persprie.
It’s one of those rules that the greatest fools obey,
Because the sun is much too sultry
And one must avoid its ultry-violet ray.

Papalaka papalaka papalaka boo,
Papalaka papalaka papalaka boo,
Digariga digariga digariga doo,
Digariga digariga digariga doo.

The natives grieve when the white men leave their huts,
Because they’re obviously definitely nuts!

Mad dogs and Englishmen
Go out in the midday sun,
The Japanese don’t care to.
The Chinese wouldn’t dare to,
Hindoos and Argentines sleep firmly from twelve to one.
But Englishmen detest a siesta.
In the Philippines
There are lovely screens
To protect you from the glare.
In the Malay States
There are hats like plates
Which the Britishers won’t wear.
At twelve noon
The natives swoon
And no further work is done.
But mad dogs and Englishmen
Go out in the midday sun.

It’s such a surprise for the Eastern eyes to see
That though the English are effete,
They’re quite impervious to heat,
When the white man rides every native hides in glee,
Because the simple creatures hope he
Will impale his solar topee on a tree.

Bolyboly bolyboly bolyboly baa,
Bolyboly bolyboly bolyboly baa,
Habaninny habaninny habaninny haa,
Habaninny habaninny habaninny haa.

It seems such a shame
When the English claim
The earth
That they give rise to such hilarity and mirth.

Mad dogs and Englishmen
Go out in the midday sun.
The toughest Burmese bandit
Can never understand it.
In Rangoon the heat of noon
Is just what the natives shun.
They put their Scotch or Rye down
And lie down.
In a jungle town
Where the sun beats down
To the rage of man and beast
The English garb
Of the English sahib
Merely gets a bit more creased.
In Bangkok
At twelve o’clock
They foam at the mouth and run,
But mad dogs and Englishmen
Go out in the midday sun.

Mad dogs and Englishmen
Go out in the midday sun.
The smallest Malay rabbit
Deplores this stupid habit.
In Hongkong
They strike a gong
And fire off a noonday gun
To reprimand each inmate
Who’s in late.
In the mangrove swamps
Where the python romps
There is peace from twelve till two.
Even caribous
Lie around and snooze;
For there’s nothing else to do.
In Bengal
To move at all
Is seldom, if ever done.
But mad dogs and Englishmen
Go out in the midday sun.
Sat, 03/31/2012 - 20:51 | 2307051 exartizo
exartizo's picture

What fun! I do so love a great poem! 

Excellent Gully!

Sat, 03/31/2012 - 12:06 | 2306300 Dre4dwolf
Dre4dwolf's picture

When a foreign bank comes to your country and says you owe them money, and you never borrowed a dime.

 

This happens.

 

Sat, 03/31/2012 - 12:11 | 2306319 BobPaulson
BobPaulson's picture

Not always. Depends on how good the mind control programming is.

Sat, 03/31/2012 - 12:32 | 2306367 WhyDoesItHurtWh...
Sat, 03/31/2012 - 12:07 | 2306302 centerline
centerline's picture

No big deal.  Germany will make it all better.

Sat, 03/31/2012 - 12:07 | 2306303 Fluffybunny
Fluffybunny's picture

The protesters are Teenagers who are taking drugs handed out by Al-Qaida

 

oh wait, wrong riots.

Sat, 03/31/2012 - 12:08 | 2306307 misterc
misterc's picture

The Tylers are pathetic. Public unrest at that tiny scale can be seen every year in throughout Europe around soccer matches, 1st of May in Berlin-Kreuzberg since the 1980s etc. 

To make mountains out of molehills.. 

Sat, 03/31/2012 - 12:13 | 2306328 centerline
centerline's picture

The commentary is predictive - asserting that more of this is the come.  Considering the extent of the issues, do you really think this prediction is pathetic?

Really it is just a matter of time.  Same for other EU nations and the US.

Sat, 03/31/2012 - 12:20 | 2306340 misterc
misterc's picture

Oh yeah, like some burning trash bins changed anything in Greece (except Allianz lowering forecast because of broken windows etc).
Maybe ETA and their followers will take out some politicians, but even that wouldn't change a thing. 

Remember, in Greece a few people were burnt to death inside a bank, even that didn't change the course of events.
So why bother with this riot watching?

 

(Oh yeah, please junk me already for my non-orthodox opinion) 

Sat, 03/31/2012 - 12:34 | 2306374 The Swedish Chef
The Swedish Chef's picture

ETA has surrendered and is practically dismantled.

Sat, 03/31/2012 - 12:44 | 2306393 CrashisOptimistic
CrashisOptimistic's picture

You are correct.  And the deaths in that bank were in a very early riot.  An accident.  As measures became more outrageous, the riots did not.  They became more calm.

Nothing is going to change until firearms are used.  Until then, this is just people walking in the street and talking loudly.

Sat, 03/31/2012 - 16:08 | 2306741 toady
toady's picture

Thank you!

I keep saying, until all the cellphones taking these pictures/videos become handguns these 'riots' are just for show.

Sat, 03/31/2012 - 16:49 | 2306799 debtandtaxes
debtandtaxes's picture

"just for show"?

Should they stay home and play xbox 360 instead???

 

Sat, 03/31/2012 - 17:01 | 2306815 toady
toady's picture

Yes, they should.

Unless they are really serious. Then they should pawn their xbox for a handgun.

Sat, 03/31/2012 - 16:54 | 2306809 Cathartes Aura
Cathartes Aura's picture

when do you supposed the eleventy million handguns in amrka will come out of the closets?

Sat, 03/31/2012 - 17:07 | 2306821 toady
toady's picture

That is the question!

Most other countries don't have populations with large populations of gun owners... This could get messy.

Sat, 03/31/2012 - 17:59 | 2306856 Cathartes Aura
Cathartes Aura's picture

doubtful.

the last century has shown that amrkn guns get used within communities, used in anger against "neighbours" or family - rarely are they used against the tyranny of the overlords.

Sat, 03/31/2012 - 18:03 | 2306869 toady
toady's picture

Agreed, but back to your original question;

What will be the final insult, the straw that breaks the camel's back?

Sun, 04/01/2012 - 00:03 | 2307226 in4mayshun
in4mayshun's picture

No more Starbucks or cigarettes- game over!

Sat, 03/31/2012 - 19:51 | 2306974 lakecity55
lakecity55's picture

Try 1775.

Or 1861.

Sat, 03/31/2012 - 21:42 | 2307093 Cathartes Aura
Cathartes Aura's picture

as I said, well over a century ago, the old "wild west" legends. . .

different time, different peoples - fewer distractions, more hard work just to live - just trying to be true to what I see, and I don't see much dissent in the masses as yet, despite all the going shopping for weaponry.

which is fine, but let's not pretend there will be uprisings any time soon - as long as TeeVee stays on, scheduled pacifiers like sports seasons and "holiday events" & Sunday Skool, etc. - I just don't think amrkns believe they need to do much beyond their normal routines right now, whatever those routines look like. . .

for what it's worth, I do wish it was different.

Sat, 03/31/2012 - 23:07 | 2307168 toady
toady's picture

Losing the tv.... That would probably be the end of the road.

Sitting in a major city, or even the suburbs, for a few days with no tv would push most merkins over the edge!

Sat, 03/31/2012 - 23:38 | 2307198 oldman
oldman's picture

Toady,

IMO, tptb have more fear of the loss of the atm/credit card system. Shut the banks down and everyone goes into the street.

How is this accomplished? In many non-violent ways----at great sacrifice if done by protestors blocking access to banks, but then how many can they put in jail in a given city? Or by getting the bank employees to stay home--no chance of this.

Or by the rest of us calling in 'sick' for two weeks----doing-not-a-thing.

Solidarity could be more than just word in the US of A                             om

Sun, 04/01/2012 - 00:57 | 2307265 joe6px
joe6px's picture

In the end it is the individual that changes the course of history.  The talk of unity or 'gung ho' (look it up) only happens on the small scale.  Rant all you will on the internet.  Shut it (the internet) down if you control it.  The real difference comes from local organization and the ability to affect change in local government.  A corrupt government cannot rule without consensus of the localities.  The major cities are lost...as corrupt as any...move to an area where we can make a difference.  The original folks fought a losing (edit: shooting..) war..0-8061-2397-4.


Tue, 04/03/2012 - 01:54 | 2312119 Angus McHugepenis
Angus McHugepenis's picture

Never. The PTB are quite happy letting you work out your anger on a licensed range.

Sat, 03/31/2012 - 12:44 | 2306394 The Man in Room Five
The Man in Room Five's picture

Because it gives us information about where we are, what's happening in the world, and hints at where things are going. Discovering this kind of information is why most of us frequent this site.

Sat, 03/31/2012 - 12:52 | 2306414 misterc
misterc's picture

Yes, but the Tylers are just too pathetic recently.
140 billion Euro debt in Spain, what is that? Cry me a river! (sarc)

Draghi could buy these bonds up with 98% of the public not caring and without moving the markets in any big way I suppose.

€ 1,- still buys you a can of coke, two beers a the supermarket etc. - there's still a lot of room for printing money.

Fiat endgame at least five years away, my personal forecast rather 15 than 10 years to go.

Sat, 03/31/2012 - 14:41 | 2306505 KickIce
KickIce's picture

imo, huge difference between a rebellion against government and a tussle at a sporting event.  Much greater ramifications and like it or not they are spreading and increasing in frequency.

It's one thing to have those that don't want to work living off the government, quite another when responsible people who just want to support their families.  Plus, for many unemployment benefits are coming to an end.

Sat, 03/31/2012 - 14:52 | 2306613 AustriAnnie
AustriAnnie's picture

Its easy for you to sit back and say "its no big deal, nothing major is happening".   But on the streets in Greece, people are suffering.  People are having troubles feeding their families and are giving their children up for adoption because they cannot feed them.  When unrest and strikes halt economic activity on the street, it is very real for the people who are trying to work to feed their families.  Just one large fire in front of a few businesses can put those businesses under in a short amount of time.

I lived in a town that had city road construction on one street for 8 months, making it much more difficult for people to access those businesses.  This was just routine road construction, and yet several of the stores/restaurants on that street went out of businesss before the construction was finished.  

Even small, seemingly insignificant incidents of unrest have large extended consequences.  Just because your investment portfolio doesn't show a huge change due to these events does not mean that they don't have far-reaching consequences. 

Sat, 03/31/2012 - 21:45 | 2307098 WonderDawg
WonderDawg's picture

When enough people have nothing left to lose, that's when shit gets real. But the people pulling the levers will give them bread and circuses for as long as possible. Eventually, though, anger will evolve into rage. The only question in my mind is, when?

Sun, 04/01/2012 - 01:24 | 2307277 joe6px
joe6px's picture

The people have bought into a corrupt system that they believe represents them.  When have any of our governments honored a long term commitment  to the people?  There is the division of "red and blue" politics that most buy into.  As long as there are distractions there will be no action here at least.

Sat, 03/31/2012 - 22:08 | 2307122 Element
Element's picture

 

 

Fiat endgame at least five years away, my personal forecast rather 15 than 10 years to go.

 

Complete bullshit, the 'end-game' comes when PEOPLE can no longer afford to pay the tax tab for the banks, and also make a viable personal budget to live on.

In some countries that's happening NOW, while in others is will take a year or three more.  But people will run out of money to live on, and pay the bills, long before the system itself loses the desire or will to print more money and buy it's own debt.

Inflation, interest rates, austerity policy plus unemployment will assure this, and much sooner than ten years away.

Sat, 03/31/2012 - 12:48 | 2306403 knowless
knowless's picture

why bother with anything? nothing is real, nothing can change, because there was nothing to begin with. loans? what loans? money? currency? meaningless, just a tool of asset use allocation.

 

what is a human life? who cares if one dies, or is beaten? what does it matter that tens of thousands of everyday people march through the streets of a city? it will be forgotten by tommorow, there is no history, no devices to record what these ceatures do, no way to transmit the memory of these actions to the future.

 

why bother? we will all be forgotten anyway. life in a box, watching. is the "economy" the numbers on the screen? or is it people starving and communities shattered? Is there a reality? do humans live in a system which has limits? is the structure of our civilisation created in a way to thrive within those limits? If so, then why are there tens of thousands of every day people parading around cities? and why are there people willing to risk their lives because they believe that perhaps the current system isn't doing so well?

 

your opinion is only unorthodox in the regard that in this space it is seen as the normal worldview, that which most modern people who are yet to be effected tangibly in their daily lives hold.

 

apathy only serves to dull ones own sence of futility, and can be conjured within a person or group only so long as the pain of their existance does not yet outweigh their ability to act. after that point there is only terror.

Sat, 03/31/2012 - 13:06 | 2306447 LowProfile
LowProfile's picture

I imagine his apathy will evaporate when either he can't get Coke(r), and beer (locally brewed) is only available for $25 EUR (or a gram of silver)...  Or someone heaves a molotov through his car window (or maybe into his condo).

Sat, 03/31/2012 - 14:11 | 2306533 theMAXILOPEZpsycho
theMAXILOPEZpsycho's picture

I keep going for pussy and beer

Sat, 03/31/2012 - 20:13 | 2307005 Incubus
Incubus's picture

man the fuck up and roll with liquor. Beer is pisswater.

Sat, 03/31/2012 - 21:48 | 2307101 WonderDawg
WonderDawg's picture

Back when I was still a drinking man, beer was just something to sip on between shots of whatever liquor I happened to be drinking that day.

Sun, 04/01/2012 - 12:48 | 2307723 pufferfish
pufferfish's picture

A superb accompaniment to a cigarette of high-grade.

Tue, 04/03/2012 - 01:45 | 2312106 Angus McHugepenis
Angus McHugepenis's picture

Fuck, who would junk this man for being honest?

Sat, 03/31/2012 - 21:53 | 2307106 oldman
oldman's picture

@misterc

I suppose you, also believe that El Pais is 'left-leaning'? From above, the joke of the day to all of Spain"

"Rajoy was wrong to push Brussels for a loosening of the original deficit goal of 4.4 percent of GDP for this year and should have asked instead for a two year extension of 2013 target, an editorial in the left-leaning El Pais wrote."

ETA was usurped by Spain's intelligence sevice abou fifteen years ago; infiltrated to the top----maybe the opposition will lose a few people, but not the party in power.

None has any idea of what happened to people in Greece---too soon to say.

And how can anyone junk you for simple ignorance?

I think you were junked for your lack of sympathy for a people who resisted your fascist masters---if I may be so bold as to say this aloud. Your opinion is not un-orthodox at all.

Spend some time with the Occupy people and an open mind---you will cross the line in time

Until then, take good care of your health                   om

Sat, 03/31/2012 - 21:57 | 2307110 Element
Element's picture

 

 

(Oh yeah, please junk me already for my non-orthodox opinion)

 

You got junked alright, but not for a "non-orthodox opinion", which would be something of worth, but because you're a self-confessed ignorant twat.

Tue, 04/03/2012 - 01:43 | 2312104 Angus McHugepenis
Angus McHugepenis's picture

I'll give you a greenie just for using my favorite word: TWAT.

Sorry, can't give you more than one for the outstanding post you did.

Sat, 03/31/2012 - 17:05 | 2306820 MasterB
MasterB's picture

But, where do all the riot poilice come from? Geez - sign me up. A spiffy uniform and license to beat people with impunity!

Sun, 04/01/2012 - 11:26 | 2307584 SeattleBruce
SeattleBruce's picture

They serve their masters as the last line of defense of the fiat debt-slave banksta state.  At least their appearance means the people are waking up.

Sat, 03/31/2012 - 21:51 | 2307076 Element
Element's picture

 

 

misterc:

The Tylers are pathetic. Public unrest at that tiny scale can be seen every year in throughout Europe around soccer matches, 1st of May in Berlin-Kreuzberg since the 1980s etc.

To make mountains out of molehills..

 
 
This is a particularly vapid, moronic and entirely ego-centric comment that merits the time to pour scorn on it.

Do you understand that Greece's economy is heavily reliant on tourism?

When the tourists find airlines don't run, or run on time, and the travel agent has gone broke, and the hotel has laid off most of its staff (if not closed entirely) and fuel is not being delivered, hire cars are unavailable, state officials subsist on bribes (which they treat as their tips) and the trains don't run and the ferries are on strike, and there is daily dangerous rioting on the streets, and buildings burning in the distance, and bombs going off from time to time (and they are), and high levels of angry sentiment is being directed at foreigners, and threats of a violent political revolution are pervasive with a real possibility of a military coup occurring, plus over-night destruction of the currency, general public corruption, taxi operators so broke they will rip you off, as a necessary matter of course (after they have a knife-fight over who gets the 'fare') and most shops are boarded up, and the streets are full of homeless angry youth with broken masonry and molotovs, while assorted economic desperados are forced into criminal acts, simply to get by.

With an overwhelmed, demoralised and unresponsive police force, and a corrupt State Govt, more than happy to impose fines and surcharges on people, who can't pay, but the state also can't afford to imprison the criminals it keeps manufacturing.

Well, surprise-surprise, the tourists don't want to show up any more (even if they had the money to dispose of, which mostly they want to save). Thus the economy goes into a steepening death-spiral, with skyrocketing unemployment, bank runs, collapsing GDP and violent civil repression with more spiral-rioting and violence.

Last I looked Spain was reliant in large part on foreign tourism and associated industry services in order to pay back its loans, pay taxes and make payroles.

It's entirely appropriate for zh to highlight what is happening to the people's economic and political situation, and their response to it, and the implications for financial, economic and investment prospects, and sovereign/union and geopolitical developments.

 
misterc, you are a self-concerned no-account spoilt petty jerk.

 
+17 trillion for Tyler, for telling it how it is, even if some complacent self-satisfied fools can't see the forrest for the trees.

Sat, 03/31/2012 - 12:10 | 2306312 BobPaulson
BobPaulson's picture

Any time I see proof that people aren't completely anesthetized, I get a glimmer of irrational optimism for humanity.

Sat, 03/31/2012 - 12:10 | 2306313 Snakeeyes
Snakeeyes's picture

What a mess.

And coming to the USA!!!!!!!

"Gimme money! Gimme "justice"! Gimme housing! Gimme healthcare!" Or we will burn the cities down.

Socialism - what a charming idea.

Sat, 03/31/2012 - 13:05 | 2306443 Larry Dallas
Larry Dallas's picture

Al Sharpton is beating you to this...

Sat, 03/31/2012 - 13:09 | 2306450 LowProfile
LowProfile's picture

Let it burn.

Sat, 03/31/2012 - 15:22 | 2306663 Cpl Hicks
Cpl Hicks's picture

Let Al Sharpton burn.

Sat, 03/31/2012 - 13:27 | 2306471 Flocking swans
Flocking swans's picture

Yup. Gimme. Gimme a fucking break! Ur fear and hatred of Socialism is swell and all.... but supporting the status-quo crony banker bullshit makes you part of the problem.

Yes! Its coming to the USA. Good. About time. Burn.

Ignorance - it ain't charming.

Sat, 03/31/2012 - 14:27 | 2306568 GeorgeHayduke
GeorgeHayduke's picture

Yep. Even though they blow hard on chat boards and through other meaningless venues, some slaves prefer the predictability of their slavery over true freedom. Hell, they can't even see their slavery they are so bought in.

Sat, 03/31/2012 - 15:04 | 2306632 LowProfile
LowProfile's picture

 

Ur fear and hatred of Socialism is swell and all.... but supporting the status-quo crony banker bullshit makes you part of the problem.

Fail.

Not supporting socialism does not imply one supports crony capitalism.

Sat, 03/31/2012 - 15:51 | 2306693 GeorgeHayduke
GeorgeHayduke's picture

Just as rioting does not equal gimme, gimme socialism.

It's funny, I hear all of these freedom-loving, free-market folk bitching and moaning endless and doing nothing themselves except boasting about their guns and ammo stash, talking tough and insulting anyone who might be in the streets of the real world doing something to counter their oppressors.

I'll bet that for all of their bluster, few of these freedom-talking folks will have much of a role in making any changes for the better. Sacrifice will be required to make needed changes and these folks will fully expect others to make those sacrifices, as always. Then they will want to come in and show everyone else how to run things once the tough work is done.

Sat, 03/31/2012 - 17:30 | 2306841 Angus McHugepenis
Angus McHugepenis's picture

I suspect you could be right. However, I can tell you for a fact that I want nothing to do with any group that consists of more than 3 people.

If anything rises from the rubble it will only be another version group-think past mistakes.

Sat, 03/31/2012 - 21:54 | 2307108 WonderDawg
WonderDawg's picture

They bitch and call them pussy when they don't riot, and when they do riot, they're just demanding free shit. Jeebus. Can't make all the people happy all the time, but some of the people bitching ought to be happy about something at least once in a while.

Sat, 03/31/2012 - 22:12 | 2307127 oldman
oldman's picture

@georgehayduke------------one of my favorite fictional charactars

George, right you are with:

"I'll bet that for all of their bluster, few of these freedom-talking folks will have much of a role in making any changes for the better."

Whiners are diners

Without appetite for sacrifice

Like the 1%ers sacrifice is for the proles

"Right, boss? I bet you're real happy about that bonus you got, huh? Man, I like to have your job, boss. You got any more of thaty canned cat food? My littlest girl sure liked the taste of that last can you gave us."

There seems to be a lot of these types ay ZH now---just showed up in the last 8 to 10 months and they certainly are working their asses off on something or other. I call them 'rednecks' , but they are not nearly as intelligent as the average redneck of my acquaintence. Ive had three of them call me out today, in fact. This just makes me more diligent in my propaganda work----I was going to take a couple of weeks off, but I feel challenged right now and this is Fight Club, so fuck'em.

I can hang with these simpleminded assholes forever                          om

Sun, 04/01/2012 - 02:09 | 2307290 joe6px
joe6px's picture

It is a shame that everyone may not think like you. However, you may need to allow others to lead their own lives and not focus on forcing your own views on others.  The Constitution allows for multiple ideas of Liberty.  You pass judgement on other internet posters as if we were in a shooting war.  We are not there yet, and I would doubt your ability to lead a fireteam.  The USMC infantry and SpecOps know a thing or two about real leadership, but you can start here:  http://en.wikipedia.org/wiki/Leadership.  I can echo your arguements about leadership errors with the USMC and Enron and MF Global...do your worst.  Any real emergency will make YOU decide the best  course of action to pursue and the resources, people, and tactics to employ. Good Luck.  I'm tired of internet junkies and day-traders thinking they are the shyt.  Knock yourselves out.

 

Edit:  As I was trying to contain my distain others have replied to the intial post I was upset with,

Sun, 04/01/2012 - 04:20 | 2307326 oldman
oldman's picture

@joe6px

You are right, joe

In fact, thank you. None of this is really a problem for me. I live outside of it all, so its only an academic game that I play that I reall y do not care about so much.

i am very affected by energy whether it is love, hatred, aggression, passivity, anger, compassion, etc.

This is not a real form of communication, nor is it very honest. We don't know each other, but if we did and were face to face we would have to concede at times or we would tearing each others heads off over words, and now that I consider this it is not really very interesting to me. I am guilty of acting out a fantasy that is quite emotional and yet floods my system with adrenalin and that is a very addictive drug---one can't ever get enough of.

I think I'll hang up my ZH handle and let you folks continue on.

I still believe that do-ing nothing has merit but it is never going to work unless 'solidarity' becomes more than just a word in the US of A.

Thanks for the therapy session                   om

Sat, 03/31/2012 - 14:28 | 2306573 ZeroPoint
ZeroPoint's picture

Don't forget the foodstamps!

 

It's free, swipe yo' EBT!: http://youtu.be/NzspsovNvII

Sat, 03/31/2012 - 17:08 | 2306822 Cathartes Aura
Cathartes Aura's picture

keep the hate in house, lateral.

never ever look up,  dude.

Sun, 04/01/2012 - 02:44 | 2307308 joe6px
joe6px's picture

Dude, there is a hand up, not a hand out.  Learn to stand on your own two or fall...as it should be.  I don't mean to start an idealistic argument, I just want to say that there are far too many that abuse the system.  I ate govmt cheese growing up myself.  We grow from our roots or wallow in the mire.  I'm sure you know, because you speak with such authority.

Sun, 04/01/2012 - 13:54 | 2307837 Cathartes Aura
Cathartes Aura's picture

indeed, there ARE far too many who abuse the system - plenty enough to keep everyone distracted pointing fingers at each other, making mockery vids for Ur-toob, having a laugh, having a go - occupying minds with plenty of mischief and hate, making sure that the EASY pickings will be picked, and no one looks at those who are pulling the strings, the big scams, the overall thefts.

you know what I mean, right?

Sun, 04/01/2012 - 14:35 | 2307895 pufferfish
pufferfish's picture

Change the lyric to ECB and you've got a hit record on your hands.

Sat, 03/31/2012 - 20:22 | 2307017 Things that go bump
Things that go bump's picture

People are kept at a certain basic level of subsistance. They are housed and fed, if they can't provide those things for themselves. That is not charity. That is for the protection of the rest of us. Because if the poor aren't given the means to sustain life, there are those among them who are going to come and take what you have and what I have by force, and maybe take our lives too.  There is a record of a woman being executed for murder in Russia in the 19th century.  She and her children were traveling by troika in winter when a pack of wolves got wind of them and took up the chase.  The end result of such a situation was well known.  The wolves would wear the horses down. The pack would have the horses and then it would have those within the troika.  The woman escaped the wolves by throwing a child out every time the pack came close.  If the government stops maintaining the poor, be very sure it means that the government has thrown the rest of us to the wolves.  

Sun, 04/01/2012 - 02:23 | 2307299 joe6px
joe6px's picture

Your argument is misplaced.  Those you accuse of being threats (the poor) are victims of an educational system that is based on urban values.  Those values do not include where food comes from (farms), why problem solving and math are important, and real history.  The real lesson of your tale is to arm women and teach them to use firearms.  If not then to teach us all to survive by our wits and to take life as needed.  We do our daughters no service by making them damsels in distress.

Sun, 04/01/2012 - 03:19 | 2307313 Things that go bump
Things that go bump's picture

Joe6px, I was replying to Snakeeyes 2306313 above.  I think you misunderstood my metaphore equating our government with a 19th century Russian woman executed for throwing her children to the wolves one by one to save her own life.  The cat that eats its own young might work as well, but I find the visual of this metaphor more compelling. Of course the poor are victims, victims of birth or bad luck or poor education or simply for being incapable of competing with the more successful for whatever reason.  I merely pointed out that they are supported and that it is in our best interests that they be supported. I am being strictly pragmatic here. If, for instance, some day in the not-to-distant future the government stops issuing WIC vouchers to poor young mothers who can't afford formula to feed their babies, I think those women and their men are going to make other arrangements, probably involving your property and mine.   

Sun, 04/01/2012 - 10:27 | 2307525 moonshadow
moonshadow's picture

i agree. ur prob right... in the short term (pragmatically as you say).  but the best thing to 'give' the poor are different values than we teach in today's society in general- education and otherwise. that includes so many things that need to be learned or sometimes UNlearned that i wonder if it's possible now. so in saying that i also agree w' joe6px. but, joe, we may have gone down the road to ruin a bit too far at this point sorry to say

Sun, 04/01/2012 - 14:02 | 2307852 Cathartes Aura
Cathartes Aura's picture

when we start giving the "rich" and the "middle class"

different values than we teach in today's society in general- education and otherwise

then we might even have a differently valued nation. . .

but until then, it's not "the poor" who are lacking value(s), but the whole mindSet of amrkns.

(individuals excepted, of course)

Sun, 04/01/2012 - 19:10 | 2308252 Things that go bump
Things that go bump's picture

I think the best thing would be an equal shot.  

Sun, 04/01/2012 - 11:33 | 2307597 SeattleBruce
SeattleBruce's picture

These riots aren't just about socialism.  Clearly, the free markets have been hijacked - and certainly not just by socialists (out of control unions, et al).  With few exceptions the developed world is run by a small oligopoly of despotic, narcissitic, power hungry bankstas, who couldn't care less about ideology, or socialism, or any notion of the greater good - left or right of the political spectrum.

Sat, 03/31/2012 - 12:10 | 2306314 malikai
malikai's picture

Yeayeayea. But is Tiesto still playing Ibiza this summer? I just can't imagine life without shit e-rock and scantily-clad sluts drunk and loaded up on ecstacy in the Med.

Sat, 03/31/2012 - 16:28 | 2306781 Gidas19
Gidas19's picture

u might have to buy airline tickets to come to banana republic, Miami for ultra music festival...

Sat, 03/31/2012 - 12:11 | 2306318 AssFire
AssFire's picture

http://www.fas.org/irp/agency/dhs/fema/ncr.pdf

Government study suggest a nuclear blast in DC would not destroy the city....

Those bastards are trying to kill my dreams with their propaganda.

Sat, 03/31/2012 - 12:13 | 2306324 Sudden Debt
Sudden Debt's picture

What about 2?

Sat, 03/31/2012 - 12:53 | 2306416 bob_dabolina
bob_dabolina's picture

Google for videos of the Tsar Bomb.

That would destroy any city with no problem.

Sat, 03/31/2012 - 13:43 | 2306492 Yen Cross
Yen Cross's picture

San Diego does suck Bob. It's the ( culdesac ) of idiots! 

  I can relate. I'm 1/2 expatriated.

Sun, 04/01/2012 - 02:27 | 2307303 joe6px
joe6px's picture

ouch

Sun, 04/01/2012 - 09:48 | 2307493 Cardinal Fang
Cardinal Fang's picture

My analysis of the LLNL and SNL data referenced in your link, reveals that on page 3, the best odds of survival in the modeled scenario would be the random walks distribution, over time, of a bag lady or can man engaged in their daily searches. Please review the data and my analysis and report your findings.

Sat, 03/31/2012 - 12:13 | 2306321 Sudden Debt
Sudden Debt's picture

Hehehe :) funny:)
Brings me back to memory lane when going to a socker match was really a soccer match and fun!

Sat, 03/31/2012 - 12:21 | 2306343 misterc
misterc's picture

Exactly! Sudden Debt speaks the truth. But I get junked for saying the truth.

Sat, 03/31/2012 - 21:57 | 2307111 WonderDawg
WonderDawg's picture

It's all in the delivery.

Sat, 03/31/2012 - 13:13 | 2306457 Winston Churchill
Winston Churchill's picture

Chelsea ?

Sat, 03/31/2012 - 15:54 | 2306714 Global Hunter
Global Hunter's picture

SD more like Anderlecht

Sat, 03/31/2012 - 16:21 | 2306749 smiler03
smiler03's picture

We had joy we had fun we had Chelsea on the run.

First Division Football Hooliganism from the 70s.

http://en.wikipedia.org/wiki/Football_hooliganism#England

Sat, 03/31/2012 - 20:36 | 2307040 Ahmeexnal
Ahmeexnal's picture

hmmm...smiler03, do you sport a "chelsea smile"?

Sat, 03/31/2012 - 12:13 | 2306323 The Swedish Chef
The Swedish Chef's picture

Finally someone actually tries to straighten out the mess España has been since...well, forever. What happens? Spoiled citizens...sorry, customers of government service goes out en masse to riot. Where is the majority that ousted that piece of crap Zapatero? 

 

Spain should have done this DECADES ago but this just goes to show that the slower you pull off the band-aid, the more painful it is.

Sat, 03/31/2012 - 12:15 | 2306331 Clifhanger
Clifhanger's picture

It's comin here 2!

Sat, 03/31/2012 - 12:18 | 2306334 lolmao500
lolmao500's picture

Bullish.

I'm still waiting for the American version with guns.

Sat, 03/31/2012 - 22:19 | 2307130 oldman
oldman's picture

lolmao,

I'm quite certain you will not like it when it arrives

best of luck       om

Sat, 03/31/2012 - 12:19 | 2306338 JustObserving
JustObserving's picture

Spain does not add fluoride to its water.  Nor does Greece.  Time to learn from the United States on how to control the sheeple.

“You don’t improve the health of your people by giving them poison, but you sure make them more docile."

 

RESEARCH SHOWS FLUORIDE IS IQ-KILLER FOR CHILDREN While CDC calls it 'safe and healthy way to effectively prevent tooth decay'

http://www.wnd.com/2011/01/247189/

 

Sat, 03/31/2012 - 14:49 | 2306604 Yardfarmer
Yardfarmer's picture

useless and addictive posting on internet forums is quite a distraction in itself and combined with the flouride, food additives and pervasive pharmacological happy meals and ELF subliminal bubblevision mind control, saturation with media circuses and dumbing down public education provides a formidable quagmire of psychological and physical quicksand to collectively immobilize and target the consumer species bound for extinction. not with a bang but a whimper.

Sun, 04/01/2012 - 04:45 | 2307334 Element
Element's picture

Oh come on, US citizens are fucking "docile"? ... DOCILE ?!!!

So docile that they buy guns and ammo as fast as the factories can churn them out, and where violent crime is fairly commonplace, and invasions of other countries, who have essentially done nothing much at all, is routine, and occurs with numerous voluntary nationalist cheer squads calling for mass destruction.

The US people are quite possibly more aggressive than any other people in history.

So given this is undeniable, I don't suppose you're prepared to consider the apparently quite supportable counter-proposition, that the fluoride thesis is actually a load of ultra-dippy nonsensical horseshit?

Or have you just been reading/listening to David Ike and such too much to reform such a failed notion?  I would hope not.

How about this fact then;

 

Israel

Water supply in Israel is artificially fluoridated since the 1970s. Settlements with more than 5000 citizens and settlements sharing water infrastructure with large settlements receive fluoridated water. About 67% of Israel's population receives fluoridated water.[48]

https://en.wikipedia.org/wiki/Fluoridation_by_country

 

And settlers are pretty docile and dumb, right?

So why are you just accepting and believing what some dude tells you about stuff like this? 

Too much fluoride perchance?

 

I'd be more careful what you invest your brain in, because this fluoride story/excuse is a delusion.

Sat, 03/31/2012 - 12:21 | 2306342 Tsar Pointless
Tsar Pointless's picture

Goddamnit, lolmao500, you beat me to it!

Bullish mother-fuckers! S&P 1500 fer sher!

Sat, 03/31/2012 - 12:25 | 2306349 evolutionx
evolutionx's picture

US-Honeymoon will also be soon over:

 

U.S. Homeland Security Buys 450 Million Hollow-Point Bullets

 

Is the U.S. Government expecting domestic insurrection?

    The Department of Homeland Security (DHS) and its Immigration and Customs Enforcement (ICE) office is getting an “indefinite delivery” of an “indefinite quantity” of .40 caliber ammunition from defense contractor ATK.

    U.S. agents will receive a maximum of 450 million rounds over five years, according to a press release on the deal.

    The high performance HST bullets are designed for law enforcement and ATK says they offer “optimum penetration for terminal performance.”

 

more

http://www.secretnews-compact.com/index.php?option=com_content&view=article&id=205:us-homeland-security-buys-450-million-hollow-point-bullets&catid=1:latest-news&Itemid=50

Sat, 03/31/2012 - 12:33 | 2306372 AnAnonymous
AnAnonymous's picture

That is still abundance. More bullets than the population of the US.

The game will grow thicker when it will be about less bullets than the population, as once again, US citizens will reintroduce industrial solutions to resolve the scale issues.

Will certainly happen when US citizens face all those people who live on 2 bucks per day. Have to beat the cost. Cant afford spending more on them than they consume.

Sat, 03/31/2012 - 13:29 | 2306475 mkhs
mkhs's picture

No, it just means they can't shoot straight.

Sat, 03/31/2012 - 22:27 | 2307133 oldman
oldman's picture

@mkhs

It also means that there will be fewer founds for the 'public'

 while this order is being filled.

Tell me though, that .40 round is one I remember being recommended as 'the stopper'. Surely DHS wouldn't use those against regular folk-------------------------------------------

would it?

Out of my field of knowledge                        om

Sat, 03/31/2012 - 13:03 | 2306439 Schmuck Raker
Schmuck Raker's picture

Does anybody know the total number of bullets sold in US each year?

I suspect DHS has a lot of catching up to do.

 

"Guns don't kill people. Cops kill people." - T Chong

Sat, 03/31/2012 - 14:21 | 2306551 Conax
Conax's picture

Some ammo dump/base got blown up in Afghanistan (I think) but the story mentioned a shipment of small arms ammunition. One shipment was 3 1/2 BILLION rounds.They don't want to lose for lack of shooting, that's certain.

Sat, 03/31/2012 - 22:35 | 2307139 oldman
oldman's picture

@conax

Damn, dude

That comes out to 125 rounds per capita in Afghanistan

They must have really pissed us off---what did they do to desrve so much special attention?                   om

Sun, 04/01/2012 - 13:34 | 2307804 Conax
Conax's picture

It might have been in Iraq, I read alot of stories!

Still, an awesome pile of ammo for our boys to plink with.

Sat, 03/31/2012 - 14:33 | 2306580 ZeroPoint
ZeroPoint's picture

As far as I know, Homeland Security does not procure munitions for the military, so I guess these will be distributed to police & national guard.

Sat, 03/31/2012 - 16:09 | 2306743 Lednbrass
Lednbrass's picture

Its only freaking pistol ammo, useless for anything but a popgun.  If they were buying ammo for actual dangerous weapons this would be a cause for worry, but it isnt. Im not concerned about a mass purchase of ammo for guns not worth much over 25 yards, you cant subdue a populace armed to the gills with AR's, AK's, and high powered hunting rifles that can punch though any body armor with that kind of low end bullshit weapon.

Six gubmint types with those peashooters would get entirely owned by one redneck with a deer rifle. It might work in urban areas where people think a Glock is a weapon, but outside of major cities any government enforcers would be in very deep doodoo very quickly with pistols and a sprinkling of short range submachine guns. It would be a Crocodile Dundee moment with guns- "Thats not a gun, THIS is a gun" BLAM!

If the Department of Homeland Stupidity buys that much .223 and/or .308, its cause for worry. 40 cal pistol ammo? Pffft. Nothing to see here, just a waste of money to train law enforcement that generally cant shoot worth a damn.

Sat, 03/31/2012 - 18:43 | 2306879 TSA gropee
TSA gropee's picture

Junked twice with zero rebuttal, my how manly of them.

I agree to a point but see this as a continuing trend with the arming of facets of government that have no business being armed. Case in point, riot shotguns for the dept. of Education. Now that worries me. Not being allowed off a shuttle bus to a pro golf tournament until police arrive. Shit like that.

Sat, 03/31/2012 - 19:43 | 2306960 lakecity55
lakecity55's picture

I like my .45-70.

Goes thru a lot of shit.

Sat, 03/31/2012 - 20:31 | 2307032 ZeroPoint
ZeroPoint's picture

5.56 NATO Greentips. They punch right through a helmet, as designed.

Sat, 03/31/2012 - 20:39 | 2307044 Resolute
Resolute's picture

The article states DHS is also ordering 175 million rounds of .223 ammo.

http://www.businessinsider.com/us-immigration-agents-are-loading-up-on-a...

 

Sat, 03/31/2012 - 12:25 | 2306350 resurger
resurger's picture

Fuck!

Sat, 03/31/2012 - 17:16 | 2306828 Angus McHugepenis
Angus McHugepenis's picture

I call your Fuck and raise you a Fuck!

Sat, 03/31/2012 - 12:27 | 2306357 Seditious Blasphemer
Seditious Blasphemer's picture

Bullish for Capsaicin

Sat, 03/31/2012 - 12:29 | 2306360 WhyDoesItHurtWh...
Sat, 03/31/2012 - 14:00 | 2306521 DavidPierre
DavidPierre's picture

 Black Day in July...  a Romney was governor.

http://www.youtube.com/watch?v=DPXL3iEVnCM

 

Sat, 03/31/2012 - 12:32 | 2306366 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Just give them a "bailout" and the will shutup.

Sat, 03/31/2012 - 19:51 | 2306975 CrashisOptimistic
CrashisOptimistic's picture

Nothing will change without firearms.  Will bailouts deter firearms?

I'd say no, but not because they could not.  Rather, because firearms will arrive when shortages do -- particularly shortages of the sort where it is shown that the elites are not enduring the shortage.  

THAT is when firearms arrive -- and you can't bailout a shortage if it's an imported shortage.  The exporter won't want printed money.

Sat, 03/31/2012 - 12:33 | 2306370 Kaiser Sousa
Kaiser Sousa's picture

Meanwhile n the good old USA...
Lotto fever grips the nation....
Final four finally here....
Edith o'brien smirks at bitch ass banker owned congress after being an accomplice to theft of 1.2 billion n foolish investor funds....
Fed ongoing manipulation of stock market keeps Dow above 13k while savers are robbed blind by real negative interest rates...

Those stupid Spaniards...don't they have facebook or Ipads to occupy their time with......

Sat, 03/31/2012 - 12:36 | 2306380 Atomizer
Atomizer's picture

Is riot dog on the scene? LOL

Sat, 03/31/2012 - 12:38 | 2306382 Yen Cross
Yen Cross's picture

 The " Running of the Bulls". 

Sat, 03/31/2012 - 12:40 | 2306385 Seasmoke
Seasmoke's picture

every riot i have seen pictures/video of so far is the same.......police bashing the shit out of protestors.....think its time to think outside the box and come up with a new strategy......being a punching bag must get old after awhle

Sat, 03/31/2012 - 12:45 | 2306397 CrashisOptimistic
CrashisOptimistic's picture

Without use of firearms, this is just a collection of people walking in the street.  No policy will change until elites die.

Sat, 03/31/2012 - 15:08 | 2306640 AustriAnnie
AustriAnnie's picture

They are hurting themselves and their neighbors more than they are hurting the elites.  Its like self-inflicted economic sanctions.  They destroy their own neighborhoods and disrupt everyday business, making it even more costly and difficult for people to provide for their families.

Meanwhile, the elites quietly continue the wealth transfers, untouched by the riots.  Its even easier for them, actually, because they don't have to worry about entertaining the sheeple.  The riots keep them distracted while they move the rest of the nation's wealth to their offshore Cayman accounts.

Sat, 03/31/2012 - 17:20 | 2306832 Cathartes Aura
Cathartes Aura's picture

seasonal rioting over futbol matches has a very long (decades) history in euroland & UK - this has allowed for the building up of policing FORCEs that appear to be on behalf of the public, but in reality is just incremental tyranny.

but yes, the pics do remind me of the frequent "sports" riots that businesses would shutter their storefronts in anticipation of. . .

"they" are so far ahead of street displays, it's almost comical.

Sun, 04/01/2012 - 05:19 | 2307351 Element
Element's picture

Yes, which is why I've always said to not go after buildings, and police and organisations and security services, those are a total waste of time and work against any gains -- you have to go after THEM.

Or else, forget it. 

A decentalised protest of 25,000 people is horseshit, a joke.

But 25,000 decentralised persons with a 270 fitted a decent scope is the end of the central bankster ponzi.

http://www.youtube.com/watch?feature=player_detailpage&v=UxihqWao6AE

http://www.youtube.com/watch?feature=player_detailpage&v=-VBAInIDlG4

http://www.budsgunshop.com/catalog/product_info.php/manufacturers_id/3/p...

 

Sat, 03/31/2012 - 12:49 | 2306406 Kaiser Sousa
Kaiser Sousa's picture

Exactly!!!
Hey, I got a crazy idea....
FIGHT BACK FOR FUCKS SAKE....
a tooth for a tooth...club for a club....fuck the elite owned bitch ass police...

Sat, 03/31/2012 - 22:39 | 2307145 oldman
oldman's picture

Time for the do-nothing dudes                 om

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