This is from Valencia, Spain, about an 11 hours ago. But you wouldn't know from watching the media, they've already made the decision to not televise the revolution. Share this widely if you stand in solidarity with our brothers and sisters in Spain, who continue to fight the culture of banking corruption and greed that rules governments worldwide. Similar story-- Eurozone crisis: Spain announces budget cuts amid protests Police fire rubber bullets after thousands take to the streets in Madrid to protests against government measures Spain's government has announced sweeping new austerity measures, amid clashes between protesters and police. Prime Minister Mariano Rajoy said sales tax would rise from 18% to 21%, and local authorities would have their budgets slashed. He is aiming to save 65bn euros (£51bn; $80bn) as part of a deal with eurozone leaders to help rescue Spain's banks. The move coincided with a miners' rally in Madrid, where police fired rubber bullets at crowds of protesters. Thousands of people joined in the rally to support the miners, who have been campaigning for weeks against major cuts to industry subsidies. Witnesses said protesters out to support the miners threw fireworks, bottles and stones at riot police. The officers fired rubber bullets and charged at the demonstrators. 'Circumstances change' The prime minister, interrupted several times by opposition MPs, told parliament that the changes he was announcing had to be adopted without delay. Eurozone finance ministers have agreed to provide 30bn euros (£24bn) for Spain's troubled banks by the end of the month and to give Madrid an extra year - until 2014 - to hit its budget targets. Mr Rajoy acknowledged that the VAT rise contradicted a campaign pledge made before his Popular Party came to power. As recently as January he said there was no plan to raise the tax. "I said I would lower taxes and I am actually raising them. Circumstances change and I have to adapt to them." The package of measures would cut the budget by 65bn euros over two-and-a-half years, he said. "The excesses of the past are being paid for right now," he said, adding that Spaniards had never before experienced such a recession.
This! I am furious at the banks and governments who are responsible for this world wide fiasco. I bet the top guys haven't lost their homes, jobs, cars etc.
Hell no. They got bonuses. GM CEO ran General Motors into the ground and he still got he salary + his $450 000 yearly bonus.
I see some people of this forum feel qualified to express opinions about places they don't know anything about. Listen pals, you are not european, you have never been in Europe, you can barely read, and most important of all, your knowledge of economic principles is laughable. Your rejection of the banking system is an emotional reaction, not a reasoned one. If it were for you, we would be still bartering our goods and services. Yes, the banking system here has made some minor mistakes. So what? Does that mean that we should withdraw our trust on them? When the banks were working properly I saw none of you rushing to write a post congratulating them for their good job. Let me tell you something: the greatest mistake the banks made was to trust on spaniards -- you lend your hard-earned money to a fucking wog, and you expect to be repaid????? Makes no sense. This of course has led us to the situation we're in now. Regarding the pictures, ignore what this "alternative media" (filthy communist scum) is telling you. MSM is correct in this: there have been zero demonstrations against the bank bailout. If anything, some responsible citizens (and I count myself among them) are taking the streets asking for more money for the banks. In other words, shut the fuck up, amigos, and mind your own fucking business, k?