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Striking Spanish miners fire homemade rockets at police

ker
September 27, 2012

cfs2000 just sent me this link which depicts the escalating violence occurring in Spain.

Click here to watch.

Discussion
10 Comments
    Sep 27, 2012 27:03 AM

    So what do you expect when you want to rebel in an environment of gun control?
    You obviously plunder a fireworks warehouse.
    Maybe they should try the Spanish equivalent of the Bastille.
    It may be considered il-advised to battle heavy armor with bottle rockets.
    The point I take away from that video beyond the theatre that is the dangerous practice of using bottle rockets to fire for effect…….. is that whatever the resource those miners were in the practice of mining was not being mined on that day or likely anytime soon.

    Sep 27, 2012 27:03 AM

    Did anyone listen to the Obama supporters at his rally:
    ” Everybody in Cleveland that’s a minority got an Obamaphone”
    Romney don’t gives us nothin’
    Obama’s got my vote.”

    Oh well! And it only used to take a chicken to buy a vote!
    That’s inflation, I guess.

      Sep 27, 2012 27:51 AM

      Obarmy. just sent me an email , saying if i fly over & vote for him, he would give me a free ipad , i replied , if you give me 10 kilo of silver i would consider it. He replied no. I replied, even if you offered me a ton of silver, i still would not vote for you , you nutter , now p$$s off.

        Sep 27, 2012 27:18 PM

        ditto…..happy bunny….I always like the ending of your stories…..

      Sep 27, 2012 27:20 PM

      cfs ….I understand the people of Chicago are going to Gary, Indiana, and helping those folks out…..anything for a vote…..

    Sep 27, 2012 27:19 AM

    The Spanish government voted to access €3 billion from pension fund to pay for liabilities.
    (Anything to avoid imposed austerity by asking for a bail-out; just kicking the can down the road!)
    Wonder how much the civil unrest is costing.

    Sep 27, 2012 27:33 AM

    Obama phones for everyone! These are the people that are deciding the fate of our country. Real scary. He knows if he can get half the people dependent on him he’s got their vote. People are trading liberty for “security.” They will lose both!

    Sep 27, 2012 27:22 AM

    n addition to passing their vote on freeing up pension money for spending on “liabilities” the Spanish government also passed some spending cuts:
    Government ministries saw their budgets slashed by 8.9 percent for next year, as Prime Minister Mariano Rajoy’s battle to reduce one of the euro zone’s biggest deficits was made harder by falling tax revenues in a prolonged recession.

    However, the conservative government said tax revenue would be higher in 2012 than it had been originally budgeted for and would grow 3.8 percent in next year from this year.

    Spending cuts would be worth 0.77 percent of gross domestic product in 2013, while adjustment in revenue would be worth 0.56 percent of GDP.

    “This is a crisis budget aimed at emerging from the crisis … In this budget there is a larger adjustment of spending than revenue,” Deputy Prime Minister Soraya Saenz de Santamaria told a news conference after a marathon six-hour cabinet meeting.

    Spain, the euro zone’s fourth largest economy, is at the centre of the crisis. Investors fear that Madrid cannot control its finances and that Rajoy does not have the political will to take all the necessary but unpopular measures.

    Madrid is talking to Brussels about the terms of a possible European aid package that would trigger a European Central Bank bond-buying program and ease Madrid’s unsustainable borrowing costs.

    Saenz de Santamaria said the government would included 43 new laws to reform the economy over the next six months.

    It will also present reforms to the pension system by year-end.

    Uncertainty over the timing of an aid request and divisions within the European Union over a plan to create a banking union sent the yield on Spain’s 10-year bond on Thursday to its highest since the ECB announced its bond-buying plan on September 6.
    Their plan seems to be heading towards a major adjustment in spending rather than in revenues. In my opinion, this is what the US should be doing.
    It is utterly amazing to me that governments never seem willing to kill programs (e.g. Obamaphones that have been given to over 12.5 million americans) and never seem to realize that at least 10% of absolute waste is contained in EVERY government program.
    I

      Sep 28, 2012 28:26 AM

      As always, cfs, many thanks for your great and informative comments.

      Got a question, do you think that all of these gyrations will ultimately solve the problems. I personally do not as I think that the hole is far too deep!

      Big Al

        Sep 28, 2012 28:34 AM

        AL…..The only solution i can see is default. If one were to do it others would follow, then start over again with a clean slate.