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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-22-12 02:07 AM
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Spaniards walk thousands of kilometers to join demonstration in Madrid
I wonder what it would take for us to do anything remotely like that? Or to demonstrate for a solid year?

Will the "Grand Bargain" (an oxymoron akin to "Great" Depression) that will come as the Obama-McConnell tax cuts of 2010 expire do it? Somehow, I doubt it.

I also doubt that all demonstrators were unemployed, as the headline writer and author state.

The economy affects everyone, adult and child, with the possible exception of the 1%. In fact, the article itself specifies that the police and firefighters joined the demonstration. However, according to article. one in four Spaniards are now unemployed. !Solidaridad!

Between sloppy journalism and agenda journalism, do we ever get the truth?

Spanish protests swell as jobless march on Madrid

By Sarah White

MADRID | Sat Jul 21, 2012 6:02pm EDT

(Reuters) - <snip>

Demonstrations have swollen across Spain since the center-right government announced 65 billion euros ($79 billion) in new spending cuts two weeks ago to cut its deficit and avert a full-blown bailout, with firefighters and police joining a mass protest on Thursday.

<snip>

After demonstrating outside the Ministry for Employment earlier in the day, in the evening protesters banging drums, blowing vuvuzelas and chanting "Unemployed, wake up!" marched towards Madrid's Puerta del Sol, a central square that has seen hundreds of thousands demonstrate against government austerity.

They were joined by members of the "Indignados" (Indignant) movement, which has organized sit-ins at the square for more than a year.

<snip>

Violence erupted at a miners' protest earlier this month and police used teargas and rubber bullets.

The government is trying to avert a full-scale bailout after being forced to ask euro zone leaders for up to 100 billion euros to help ailing banks in the zone's fourth-largest economy.

Rajoy has pushed through the 65 billion euros of spending cuts and tax rises to meet deficit targets set by Brussels that are widely blamed in Spain for pushing the economy back into recession for another year.

<snip>

The economy is likely to remain stuck in recession next year and unemployment will drop only slightly in the next three years, the government said.

(Additional reporting by Silvio Castellanos and Alicia Leon; Editing by Ralph Gowling)


http://www.reuters.com/article/2012/07/21/us-spain-protests-idUSBRE86K0HO20120721

65 billion in tax increases and spending cuts and another year of recession (at least) for the 99% so the "ailing" banks can get a bailout of up to 100 billion.

Well, I guess, if corporations are people, banks can "ail." So, bank bailouts are really health care.

:puke:

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