Protestor Drop Kicks Police After Watching Friend Get Beat



There's the real possibly things could properly kick off in Spain IMO. A lot of people in some of the regions like Catalonia aren't too thrilled about being Spanish anyway.
 
I thnk they just found out the "Rich" can't pay for all there wants, and they might have to work to get those wants.

Or... the ECB can just print money... oh ya.. that didn't work out well for Germany and Europe some years ago.. oh well....



Music Break:


[ame="http://www.youtube.com/watch?v=N-LaM-yS28A&feature=channel&list=UL"]Pat Benatar - Precious Time - YouTube[/ame]
 
I thnk they just found out the "Rich" can't pay for all there wants, and they might have to work to get those wants.
You just don't fucking get it. The austerity is not because of the cost of social programs. The austerity is from having to bail out the banks to the tunes of trillions of dollors to cover their losing bets they'd made in the market and the subsequent condtions put on the country by the IMF and other instututions in order to get the money to continue bailing out these banks.

I wish you fuckers would read more about what really happened. You may not agree in having your taxes spent on social programs but you cannot surely be happy at giving it to the banks trillions because of their bad bets. Social benefits at least have some positive benefit - reduced crime, increased health of the general population, educated populace etc. Giving it to the banks takes money out of general circulation, benefiting no one other than the banks and their shareholders and fucks everybody else.

Credit default swap were termed "weapons of mass destruction" for a reason and they have been detonated. We are at the begining stages of this there is currently over $300 trillion worth of these on the table ready to blow.


[ame="http://www.youtube.com/watch?v=MNUVuZu6heA"]Financial Weapons of Mass Destruction - YouTube[/ame]
 
Made me fucking sick, sorry. I hate seeing violence like that. It really bothers me.
 
I have I feeling I'm getting wooshed right now but it's ridiculously ironic to call someone a socialist and then link to a Rage Against the Machine video. You know that they believe in a command economy, right? They are literally socialists.
 
You just don't fucking get it. The austerity is not because of the cost of social programs. The austerity is from having to bail out the banks to the tunes of trillions of dollors to cover their losing bets they'd made in the market and the subsequent condtions put on the country by the IMF and other instututions in order to get the money to continue bailing out these banks.

I wish you fuckers would read more about what really happened. You may not agree in having your taxes spent on social programs but you cannot surely be happy at giving it to the banks trillions because of their bad bets. Social benefits at least have some positive benefit - reduced crime, increased health of the general population, educated populace etc. Giving it to the banks takes money out of general circulation, benefiting no one other than the banks and their shareholders and fucks everybody else.

Credit default swap were termed "weapons of mass destruction" for a reason and they have been detonated. We are at the begining stages of this there is currently over $300 trillion worth of these on the table ready to blow.


Financial Weapons of Mass Destruction - YouTube

I think you need a short visit to a Wall Street reeducation center. Let's get a few things straight there buzzy:

  • Entitlements are always to blame and always cost more than the losses from zombie bank derivatives.
  • The social safety net is the entire reason the world financial system is in the pooper, and people who use the social safety net are without exception subhuman lemmings who live in mansions built by Obama and who regularly sodomize farm animals after buying Twinkies with their EBT monies.
  • The sanctity of debt always and in every case trumps social welfare. Financial services is made up of angelic entities whose nipples secrete ambrosia which nourishes the maws of marketmakers, without whose existence the known universe would implode violently. People are in comparison troglodytes who should burn in the fires of the markets if they cannot take care of themselves, no matter the economic conditions in which they find themselves.
  • Most important, the financial services industry must at all costs be the least regulated and taxed of all markets in order for the sun to come up tomorrow.
 
Yoyomango is kind of right. I was under the impression that the Spaniards were just pissed off about their national credit cards being turned off, but after having a lot of conversations with various ones over the past few weeks a TON of the hostility is a result of them having to suffer for the banks to get a loan.

But... They are one of the laziest cultures that I've come across in my world travels, so it's 50/50
 
Credit default swap were termed "weapons of mass destruction" for a reason and they have been detonated. We are at the begining stages of this there is currently over $300 trillion worth of these on the table ready to blow.

I thought there were like $700 trillion outstanding?

$707,568,901,000,000: How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months | ZeroHedge

http://www.bis.org/statistics/otcder/dt1920a.pdf

Am I wrong, or not understanding correctly? Then I read somewhere there's only ~$65 trillion in the world's money supply. So I guess we better start mining those asteroids right quick, so we can get the banks paid back. :)
 
I thought there were like $700 trillion outstanding?

$707,568,901,000,000: How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months | ZeroHedge

http://www.bis.org/statistics/otcder/dt1920a.pdf

Am I wrong, or not understanding correctly? Then I read somewhere there's only ~$65 trillion in the world's money supply. So I guess we better start mining those asteroids right quick, so we can get the banks paid back. :)

No, you're not wrong per se and probably that's a lowball of the world derivative exposure. US/UK banks make up a very big chunk of them.

FINANCIAL IMPLOSION: Global Derivatives Market at $1,200 Trillion Dollars

good luck bros
 
This is the predictable outcome of democracy.

People don't like the bailouts to the banks, but it is the social welfare system which allows those bailouts to occur in the first place.

Until people understand how one leads necessarily to the other, you will always have bleeding hearts who will justify taking from X to give to Y, and someone will find a way to profit from that.

The way to solve problems of corruption isn't to legislate morality, it is to remove the power to corrupt completely from the equation. Most "reformers" don't have the stomach for hard choices, preferring to compromise their way to impotence.

Ut sementem feceris, ita metes.
 
I watched the video.

Wow, if you guys think that the police were giving out serious beatings, I have a tip for you:

Don't ever drink too much in Montreal and then mouth-off in English to Quebecois cop, otherwise you'll find out what a real beating is all about.

Jeepers, those weren't beatings, those were love taps.
 
393609_463736506982665_2135362363_n.jpg