Violence, Firebombings Erupt as Spain Announces Deficit-Cutting Plan

Townhall.com ^ | April 1, 2012 | Mike Shedlock

[mylife]

Greece was a bump in the road.
If Spain goes, Europe goes.

[Viking2002]

Law of Unintended Consequences. If they're torching all the Starbucks, the local governments are getting free urban renewal services out of it.

"Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats."

--H.L. Mencken, The Sage of Baltimore

[Lazlo in PA]

Other than olives, I can’t think of anything these people do to strike from.

[FlingWingFlyer]

Once you start with the free handouts, you can’t take that away without infuriating the “garbage dump bears”.

[HangnJudge]

There is that about Reality, it has teeth...
Kipling called it the Gods of the Copybook Headings

http://www.kipling.org.uk/poems_copybook.htm

[GeronL]

They are protesting to keep spending money that does not exist

[mylife]

Spain is 1/4 of the EU’s economy

[Starboard]

With Spain, nearly everything is worse than the government reports...

Same thing with the USA.

[DuncanWaring]

Foretold the next century, he did, from the vantage point of 1919.

[Lazlo in PA]

That right there could be the problem. No wonder the EU is in a slow meltdown.

[mylife]

All they can do is slow it.

[kabar]

Budget Minister Cristobal Montoro said all ministries would need to reduce their budgets by around 17% this year, which was slightly higher than expected, saving a total of up to €65.8 billion. Salaries for public workers will not be reduced, but will be frozen this year.

Can anyone imagine how the US public would react if all government agencies had to reduce spending by 17%?

[Lancey Howard]

LOL!
Maybe Spain can serve as an audio-visual aid for what the US can expect when the Democrat socialists run out of other people’s money and need to impose “austerity measures” here. The amusing part is that the riots and looting of the Democrat party’s parasite base will be largely confined to the concentrated Democrat parasite nests (”cities”), and far, far away from my armed-to-the-teeth countryside parcel.
lol

[Chode]

[kabar]

The economy of the European Union generates a GDP of over €12.279033 trillion (US$17.960 trillion in 2011) according to the International Monetary Fund (IMF), making it the largest economy in the world.

Spain’s economy (GDP) is 1,062,591 Euros. How is that 1/4 of the total EU economy?

[HangnJudge]

Foretold the next century, he did, from the vantage point of 1919.

Kipling, A Poet and a Seer, who'd a thunk it

[HangnJudge]

Can anyone imagine how the US public would react
if all government agencies had to reduce spending by 17%?

[kabar]

If the Dems are in charge, the first thing they will do is gut defense spending and then raise taxes to keep the welfare state going a little longer. The last thing they will cut is welfare and entitlement spending.

[mylife]

I read it on the internets!