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Saturday, July 21, 2012

Neo Capitalism is about, Socialization of Private debts:

Shaking Spain: 'Take away people's food & homes - expect violence'


Published on Jul 20, 2012 by RussiaToday : Police have used rubber bullets and tear gas to disperse angry protesters thronging the streets of Spain. Dozens of people were injured and a number of activists detained during the latest nationwide anti-austerity demonstrations. In a major show of strength, hundreds of thousands have been taking part in the protests. People marched in 80 cities across the country to protest against more suffocating austerity which is to come. That's after the German Parliament gave the green light to the 100-billion Euro bailout for the country's battered banks. The EU's finance ministers are now expected to approve the conditions for the financial lifeline to Madrid. Carlos Delclos, a sociologist at Pompeu Fabra University, believes the situation in Spain is only going to go from bad to worse.