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Spain

NorthReport
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Joined: Jul 6 2008

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NorthReport
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Joined: Jul 6 2008

Here we go again!

 

Must be time for a bailout to these poor banking souls.  Laughing

Spain grossly underestimating bank losses

http://business.financialpost.com/2012/05/10/spain-grossly-underestimati...


NorthReport
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Joined: Jul 6 2008

Round and round it goes, where it stops nobody knows!

Spain protesters rally against austerity measures Thousands converge in major cities

http://www.cbc.ca/news/world/story/2012/05/12/protests-europe.html


NDPP
Online
Joined: Dec 28 2008

The Spailout Has ALREADY Failed...Before the Ink has Even Dried

http://www.washingtonsblog.com/2012/06/the-spailout-has-already-failed.html

"The market rallied for a couple of hours on news of the $100 billion dollar Spanish bailout (which everyone is calling the Spailout)..and then crashed. This 'Spanic' over the Spanish crisis is occuring even before the bailout deal has been finalized. Nobel economist Joe Stiglitz points out the Ponzi scheme nature of the whole bailout discussion..

'Europe's plan to lend money to Spain to heal some of its banks may not work because the government and the country's lenders will be in effect propping each other up. The system...is the Spanish government bails out Spanish banks and Spanish banks bail out the Spanish government. It's voodoo economics..'

 


NDPP
Online
Joined: Dec 28 2008

The Bailout of Spain  - by Mike Whitney

http://www.counterpunch.org/2012/06/11/the-bailout-of-spain/

"The burden of recapitalizing insolvent banks or loss-making acquisitions of solvent banks will fall on Spanish citizens..They'll pay the price while the crooks walk away scot-free."


NDPP
Online
Joined: Dec 28 2008

Yanis Varoufakis on Europe's 'Dickensian Workhouse' and the Fiscal Waterboarding of Spain (and vid)

http://rt.com/programs/capital-account/yanis-varoufakis-bailout-spanish/

"The latest 'Spanish bailout' is really a 100-billion-euro-bailout for Spain's banks that adds to the tab of the already indebted Spanish government. But is this really just a blood wedding between banks and the state that will end in a bloodbath of pain threatening to consume all of Europe in its wake?

Are these really solutions that channel the workhouses of the Victorian era, of a Dickens novel, in their conditions? Greek economist Yanis Varoufakis, has used this to describe the EU's solution to a crisis that has dragged on for almost five years in some countries, and even longer in others. He joins us to give us his take on the latest Spanish 'bailout'..."


NDPP
Online
Joined: Dec 28 2008

Spaniards Angry Over Economic Uncertainty (and vid)

http://presstv.com/detail/2012/06/15/246263/spaniards-angry-over-economic

"Activists, members of the 'Indignados' protest movement, have filed a lawsuit against Rodrigo Rato, a man who not long ago was the managing director of the IMF.."

suitably named too..


Fidel
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Joined: Apr 29 2004

Obama's kill lists. They have to implement austerity and force a generation of Europeans into unemployment and economic depression in Europe because of Obama's kill lists. Bankers and corrupt politicians have no real power over the 99% except to assassinate and order hits on one another unless they do as instructed by oligarchs.


abnormal
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Joined: Aug 18 2001

Farage says it all, and more.

http://www.youtube.com/watch?v=TN_1mF-3JTI&feature=player_embedded

 


You couldn't make this stuff up. Just how f.....g ridiculous can you get when Italy (probably the next country to go for help) has to give Spain, 20% of the Euro 100bn they are getting, i.e. Euro 20bn.

Worse still, the Italian's have to give it to Spain at 3%, but have to borrow the 20bn at 7% to be able to do so.

I should have been a politician.


Fidel
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Joined: Apr 29 2004

Yeah it's not like Canadians have ever had to bailout Canada's big six banks for their losses on foreign oil speculations and bad real estate gambles in the 1980s-90's. We can hold our heads high and walk the talke because Ottawa doesn't do socialism for bankers. Just socialism for profitable oil and gas companies is all. Nobody here but us chickens.


NDPP
Online
Joined: Dec 28 2008

Hundreds Clash with Riot Police in Madrid (and vid)

http://rt.com/news/riot-police-madrid-clashes-170/


NDPP
Online
Joined: Dec 28 2008

Spanish Miners (and vid)

http://www.leninology.com/2012/07/spanish-miners.html

"The Asturian miners have embarked on a new 'Marcha Negra', a repeat of a famous action twenty years ago in 1992, when miners marched across the country to Madrid in defiance of job losses and cuts. Last night the miners arrived in Madrid, surrounded by approximately 150,000 supporters, about ten times the size of the reception in 1992. The Spanish media blacked it out.."


Boom Boom
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Joined: Dec 29 2004

 

Spanish Firefighters protesting against the cuts in Bilbao. Their message to Prime Minister Mariano Rajoy Brey's right wing agenda of cuts & austerity was 'kiss my arse'. Laughing


NDPP
Online
Joined: Dec 28 2008

Spanish Rallies Turn Violent as Million People Protest in 80 Cities (vid, photos)

http://www.rt.com/news/spain-protests-austerity-cuts-634/

"Over a million public employees, trade union members and fed up citizens have taken to the streets in over 80 Spanish cities. A man holds up a sign reading 'Spaniards, Franco is back!' on a street in Madrid during a protest against the Spanish government's latest austerity measures.."


NDPP
Online
Joined: Dec 28 2008

Crisis: An Instrument in Building the Euroempire

http://www.voltairenet.org/article176350.html

"The erosion of the Spanish state.."


epaulo13
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Joined: Dec 13 2009

Indignados: austerity as a violation of human rights

By drawing attention to the systematic violation of human rights, 15-M has helped to shine a light on the illegitimacy of the financial structure.

http://roarmag.org/2012/08/indignados-austerity-as-a-violation-of-basic-...

 

Madrid On The Brink (video)

http://vimeo.com/50542582

This short film chronicles the events of September 25-29th in Madrid, Spain where tens of thousands of people have taken to the streets to demand the resignation of the government and an end to police brutality. Many of the protests ended in clashes with the police. Since the stand off began on September 25th , the images of police brutality have travelled the world over, shocking and inspiring people across.


NDPP
Online
Joined: Dec 28 2008

The Battle of Burgos  -  by Peter Gelderloos

http://www.counterpunch.org/2014/01/24/the-battle-of-burgos/

"...Sometimes it turns out that our weapons aren't so weak after all. Those who took to the streets in Gamonal and other cities achieved a small but important victory. And many of those people share in a growing consciousness that they are part of something that extends across the globe.

An integral part of that consciousness is the desire to spread news of their cause and pass on lessons and experiences that could be useful to similar causes around the world..."


epaulo13
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Joined: Dec 13 2009

..that was an excellent piece ndpp. txs.

#GamonalEffect Reignites Mass Protest Across Spain

Yesterday, firefighters in Barcelona congregated in Plaça de Catalunya in an impressive show of force carrying signs that read “If Burgos can, We can too”.

Last night in Madrid 13 demonstrators were arrested as thousands took to the streets of the Gran Via.

Demonstrators were quickly bailed out thanks to crowd funding efforts. The #GamonalEffect reminds us of the latent potential of networks created after the #M15 and #TaketheSquare movements in 2011.

 


epaulo13
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Joined: Dec 13 2009

Lessons from the victory against Madrid’s hospital privatisation plan

Victory this week against Madrid’s hospital privatisation – and other recent struggles in Spain – shows popular resistance delivers results, says Esther Vivas

“Resisting is pointless,” we hear endlessly repeated. “So many years of protest but the crisis continues, why bother?” insist others, inoculating us with apathy and resignation. “Protests could lead to something that’s even worse,” whispers the machinery of fear. They want us submissive, heads bowed. Dreams of change are forbidden. However, history rebels, indomitable. And it shows us, despite the naysayers, that struggle is worth it. The victories against the privatisation of the Madrid’s public health system, of the Gamonal neighbourhood standing up to speculators and the corrupt, of the cleaners in their battle for jobs in the capital and the struggle against evictions and the banks, are good examples.

It is not easy to achieve concrete victories when the political class betray our rights and sell out to capital. It’s hard to win when the state apparatus defends the haves, and rolls back our democratic rights and freedoms. The task of change is arduous, when the media are hijacked by private interests. Still, there are victories, big and small, showing us the way.

The Madrid government’s u-turn on its plans to privatise six public hospitals is one of them. The [Popular Party-run] adminstration in the capital has been forced to revoke the “outsourcing” plan after fifteen months of protest and the announcement of the High Court of Justice of Madrid to provisionally suspend the privatization process on the grounds it could pose “serious and irreparable damage.” There have been months of demonstrations, strikes, a referendum with nearly one million votes against such measures, hospital occupations, lawsuits. The triumph swept away its leading promoter, regional health commissioner Javier Fernández- Lasquetty, who has been forced to resign. It’s worth the fight....

http://revolting-europe.com/2014/01/31/its-worth-the-fight/


epaulo13
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Joined: Dec 13 2009
Video: hundreds of thousands march in Madrid

Over 100 people were injured and at least two dozen arrested after clashes broke out following an anti-austerity rally in Madrid last night. Arriving in six columns from all over the country (many of them on foot), hundreds of thousands of protesters converged upon the Spanish capital as part of a nationwide “March of Dignity”. As Spain enters its sixth year of crisis, with unemployment at a shocking 26% and nearly half a million families having been evicted from their homes since 2008, the indignation naturally runs high.

https://www.youtube.com/watch?v=8zrxf1Q3Jqo


epaulo13
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Joined: Dec 13 2009

..lots of pics and video.

Despite Effort’s to Undermine and Discredit 22M Mobilizations in Madrid, the Fight Carries On

After the 22M Dignity Marches ended, the media war began. Conservative newspapers like El País spread the police headcount of 50.000 people (others even less), which was patently ridiculous when you look at the aerial photos of the protest....

quote:

Many people came to the assembly the next day (Sunday 23rd) on the square next to the Reina Sofía art museum. The tone was one of mounting frustration with the authorities, who keep strangling any attempts to change politics as usual, even if people play by “their” rules. One person said “We are pacifists but not stupid, we have a right to active self-defense.” As if to prove the protesters right, police was waiting at the entrances to the square, identifying and searching everyone getting in. They even tried to detain one person, which the crowd didn’t allow....

http://revolution-news.com/despite-efforts-undermine-discredit-22m-mobil...


epaulo13
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Joined: Dec 13 2009

A new(?) form of protest in Spain: The Iaioflautas

“We are the generation that has fought to achieve a better life for our children. Right now, they are toying with the futures of our children and grandchildren… We stand by them in spirit, at the local assemblies and at all their activities. If they condescendingly call these people “Perroflautas” (hobos) to diminish their audacity, then let them call us “Iaioflautas” (from the spanish yayo, which means grandpa)”.

The Iaioflautas support the young in their fight for democracy and social justice, “against the bankers and their accomplices the politicians”. They combat the rampant speculation, the cut-backs, the privatisation, and the mutualising of the losses, like saving banks with public money. They also support the PAH and all those who have been thrown out of their homes for mortgage debts. They are to be found in 11 cities, 4 of them in Catalonia, and are active on both facebook and twitter.

On October 27, 2011, the Iaioflautas occupied their first bank, Banco Santander in Barcelona.
 This particular bank was picked as a starting point for the day of actions against banks because its director, Mr. Botin, denoted that the banks are the doubtless winners of the economical crisis. This man has a personal fortune of about 1,7 Billion Euro. This was just the beginning of a campaign to occupy banks (i.e. La Caixa in Badalona), through which they still protest against the bankers and the financial oligarchy, who “ruin the lives of 99% of people”....

http://www.x-pressed.org/?xpd_article=a-new-form-of-protest-in-spain-the-iaioflautas#!prettyPhoto

.......

Iaioflautas

video

The crisis we live in today has resulted in the birth of several protest movements to combat the policies of cuts and austerity, marked by the Government, the European Community and the IMF. These policies have been generating social unrest, and movements like 15M have given a voice to thousands of people disappointed with the way the Government has dealt with the crisis.

The collective ’iaioflautas’ is a movement made up of retired people that decided to join the 15 M movement to support the plight of the younger generations. They are between 60 and 90 years old and they lived through the Franco dictatorship era. They have been participants in the restitution of democracy and the establishment of the pillars of the Spanish welfare state. Today, they witness the devastating austerity measures that are in reality disintegrating the structure of the welfare state. Today, they witness how the financial and political crisis that we live in is taking apart the welfare state that was so difficult to build. Their struggle is not directly linked to their interests, it is a struggle they take for their children and grandchildren....

http://vimeo.com/58216283


epaulo13
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Joined: Dec 13 2009
Pieces of Madrid

This short documentary explores ongoing resistance and self-organization in the midst of the economic and social crisis in Madrid, Spain.

As social conditions continue to deteriorate across the country, people have been turning to the streets and to each other to find for solutions to the crisis. This film tells a story of the massive mobilization that saw millions of people converge on Madrid on March 22nd 2014, the story of the proliferation of social centers, community gardens, self-organized food banks, and the story of large-scale housing occupations by and for families that have been evicted. The film pieces together many of the creative ways that people have been coping with crisis and asks what the future may hold for Spain.

Filmed and edited in March/April 2014, it is part of the Global Uprisings documentary series.

https://www.youtube.com/watch?v=oYZdHIbwJos


epaulo13
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Joined: Dec 13 2009
Spain's 'Robin Hood' swindled banks to help fight capitalism

They call him the Robin Hood of the banks, a man who took out dozens of loans worth almost half a million euros with no intention of ever paying them back. Instead, Enric Duran farmed the money out to projects that created and promoted alternatives to capitalism.

After 14 months in hiding, Duran is unapologetic even though his activities could land him in jail. "I'm proud of this action," he said in an interview by Skype from an undisclosed location. The money, he said, had created opportunities. "It generated a movement that allowed us to push forward with the construction of alternatives. And it allowed us to build a powerful network that groups together these initiatives."

From 2006 to 2008, Duran took out 68 commercial and personal loans from 39 banks in Spain. He farmed the money out to social activists, funding speaking tours against capitalism and TV cameras for a media network. "I saw that on one side, these social movements were building alternatives but that they lacked resources and communication capacities," he said. "Meanwhile, our reliance on perpetual growth was creating a system that created money out of nothing."....

http://www.theguardian.com/world/2014/apr/20/spain-robin-hood-banks-capi...

 


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