Author Topic: Socialism completely fails in Europe.  (Read 492 times)

Fury

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Socialism completely fails in Europe.
« on: September 29, 2010, 08:13:14 AM »
Anti-austerity protests sweep across Europe
By RAF CASERT, Associated Press Writer – 53 mins ago

BRUSSELS – Anti-austerity protests erupted across Europe on Wednesday — Greek doctors and railway employees walked out, Spanish workers shut down trains and buses, and one man even blocked the Irish parliament with a cement truck to decry the country's enormous bank bailouts.

Tens of thousands of demonstrators marched through the streets of Brussels toward European Union buildings in bright red, green and blue labor union jackets, aiming to reinforce the impact of Spain's first nationwide strike in eight years.

Strikes or protests were also taking place Wednesday in Greece, Portugal, Ireland, Slovenia and Lithuania, all aimed at the budget-slashing, tax-hiking, pension-cutting austerity plans that European governments have implemented to try to control their debt.

The march in Brussels was taking place just as the EU Commission proposed new penalties to punish member states that have run up deficits, mainly to fund social programs in a time of high unemployment. The proposal, backed by Germany, is running into strong opposition from France, which wants politicians to decide on sanctions, not rigid rules alone.

"It is a bizarre time for the European Commission to be proposing a regime of punishment," John Monks, general secretary of the European Trade Union Confederation, told Associated Press Television News. "How is that going to make the situation better? It is going to make it worse."

Unions fear that workers will become the biggest victims of an economic crisis set off by bankers and traders, many of whom were rescued by massive government intervention.

"It is not right that people on low salaries have to pay to prop up the country. It should be the banks," said Belgian demonstrator Evelain Foncis.

Several governments, already living dangerously with high debt, were pushed to the brink of financial collapse and have been forced to impose punishing cuts in wages, pensions and employment — measures that have brought workers out by the tens of thousands over the past months.

"There is a great danger that the workers are going to be paying the price for the reckless speculation that took place in financial markets," Monks said. "You really got to reschedule these debts so that they are not a huge burden on the next few years and cause Europe to plunge down into recession."

In Spain, Prime Minister Jose Luis Rodriguez Zapatero's Socialist government is under severe pressure because of unpopular measures put in place to save Europe's fourth-largest economy from a bailout like one that saved Greece from bankruptcy.

The cuts have helped Spain trim its central government deficit by half through July but the unemployment rate stands at 20 percent, and many businesses are struggling to survive.

The strike Wednesday was Spain's first general strike since 2002 and marked a break in the once-close relationship between unions and the Socialist government.

Whistle-blowing picketers blocked trucks from delivering produce at the main wholesale markets in Madrid and Barcelona. Strikers hurled eggs and screamed "scabs" at drivers trying to leave a city bus garage in
Madrid. Airlines canceled hundreds of flights.

Greece, which had to be rescued this spring by the 15 other nations that share the euro currency just to stave off bankruptcy, has also been forced to cut deep into workers' allowances, with weeks of bitter strikes and actions as a result.

Greek bus and trolley drivers walked off the job for several hours while Athens' metro system and tram shut down. National railway workers also walked off the job, disrupting rail connections across the country, while doctors at state hospitals were on a 24-hour strike.

Greece has already been suffering from two weeks of protests by truck drivers who have made it difficult for businesses to get supplies. Many supermarkets are seeing shortages, while producers complaining they are unable to export their goods.

Greece's government has imposed stringent austerity measures, including cutting civil servants' salaries, trimming pensions and hiking consumer and income taxes. Several other EU nations are also planning actions.

In Dublin, a man blocked the gates of the Irish parliament with a cement truck to protest the country's expensive bank bailout. Written across the truck's barrel in red letters were the words: "Toxic Bank" Anglo and "All politicians should be sacked."

Police arrested a 41-year-old man but gave few other details.

The Anglo Irish Bank, which was nationalized last year to save it from collapse, owes some euro72 billion ($97 billion) to depositors worldwide, leaving Irish taxpayers with a mammoth bill at a time when people are suffering through high unemployment, tax hikes and heavy budget cuts.

Also Wednesday, some 400 protesters rallied in an illegal demonstration in Vilnius to demand authorities in Lithuania cease harsh austerity measures such as salary cuts.

"All of working Europe is on the streets today to express dismay over nearsighted income-cutting politics," said Vytautas Jusys, a 40-year-old engineer who lost his job this year.

In Slovenia, thousands of public service workers continued their open-ended strike on Wednesday to protest the government's plan to freeze their salaries for two years — or until economy grows again at a rate of 3 percent.

Unions in Portugal expect some 30,000 people to show up for demonstrations.

http://news.yahoo.com/s/ap/20100929/ap_on_bi_ge/eu_europe_austerity_protests

Anything to hold onto their unsustainable way of life. Well, anything but actually working, that is. Good thing Obama is trying to make America follow this failure of a European socialist model.

I wonder how many more examples of failed socialist experiments people need to see before they realize it doesn't work. One would think this, Cuba and co. would be enough but I doubt it.

24KT

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Re: Socialism completely fails in Europe.
« Reply #1 on: September 29, 2010, 03:57:16 PM »
Anti-austerity protests sweep across Europe
By RAF CASERT, Associated Press Writer – 53 mins ago

Anything to hold onto their unsustainable way of life. Well, anything but actually working, that is. Good thing Obama is trying to make America follow this failure of a European socialist model.

I wonder how many more examples of failed socialist experiments people need to see before they realize it doesn't work. One would think this, Cuba and co. would be enough but I doubt it.


This isn't about a failed socialist experiment. This is is about the failure of reckless capitalism that has caused the crisis and an angry proletariot stuck with the bill. Profits were privatized while losses are expected to be socialized. People have a right to be angry. it wasn't the workers who brought this about, it was the bankers & politicians. it is however the workers who are being expected to pay the price, ...cause under the present system... the poop always rolls downhilll.
w

Fury

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Re: Socialism completely fails in Europe.
« Reply #2 on: September 29, 2010, 04:06:34 PM »
This isn't about a failed socialist experiment. This is is about the failure of reckless capitalism that has caused the crisis and an angry proletariot stuck with the bill. Profits were privatized while losses are expected to be socialized. People have a right to be angry. it wasn't the workers who brought this about, it was the bankers & politicians. it is however the workers who are being expected to pay the price, ...cause under the present system... the poop always rolls downhilll.

Hahahaha, it has nothing to do with reckless capitalism, you dumb bitch. It's about failed socialist experiments and a way of life that isn't sustainable when people work 20 hours a week and 80% of the country works for the government. The workers are just as responsible as everyone else as they're the ones who have spent decades enjoying "the European way of life" working 4 hours a day and taking the afternoon off. They're not even crying for a fix; they're crying for more reckless spending to sustain their unsustainable way of living.

But you go ahead and blame capitalism. Germany, arguably the most capitalist of the European countries, is doing fine. Well enough that all the socialist scumbags have started chiding them for not wanting to bail them out. Nice argument you're presenting, though, she of the "160" IQ and lazy eye.

I don't know which account is dumber, this one or your Samson account, googly-eyes. Neither account seems to have any grasp of simple economic concepts.  ::)

24KT

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Re: Socialism completely fails in Europe.
« Reply #3 on: September 29, 2010, 04:30:21 PM »
Hahahaha, it has nothing to do with reckless capitalism, you dumb bitch. It's about failed socialist experiments and a way of life that isn't sustainable when people work 20 hours a week and 80% of the country works for the government. The workers are just as responsible as everyone else as they're the ones who have spent decades enjoying "the European way of life" working 4 hours a day and taking the afternoon off. They're not even crying for a fix; they're crying for more reckless spending to sustain their unsustainable way of living.

But you go ahead and blame capitalism. Germany, arguably the most capitalist of the European countries, is doing fine. Well enough that all the socialist scumbags have started chiding them for not wanting to bail them out. Nice argument you're presenting, though, she of the "160" IQ and lazy eye.

I don't know which account is dumber, this one or your Samson account, googly-eyes. Neither account seems to have any grasp of simple economic concepts.  ::)

Are you even capable of having any sort of a civil discussion devoid of immaturity?
My position remains the same. Reckless wall street habits and toxic assets caused this financial meltdown, and now workers are expected to pay the price. just wait til the problem comes a little closer to home and you'll get a better understanding. I believe the USA's debt ratio is similar to Greece's, ...except Greece doesn't have China propping up it's dollar. When China decides to cut the apron strings, you'll see more of this stateside, and we'll see how you feel about "austerity measures" and the socialization of losses.
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Fury

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Re: Socialism completely fails in Europe.
« Reply #4 on: September 29, 2010, 04:32:02 PM »
Are you even capable of having any sort of a civil discussion devoid of immaturity?

My position remains the same. Reckless wall street habits and toxic assets caused this financial meltdown, and now workers are expected to pay the price. just wait til the problem comes a little closer to home and you'll get a better understanding. I believe the USA's debt ratio is similar to Greece's, ...except Greece doesn't have China propping up it's dollar. When China decides to cut the apron strings, you'll see more of this stateside, and we'll see how you feel about "austerity measures" and the socialization of losses.

No. And it's because I don't like anything about you. You're a smug retard; a know-it-all who doesn't know anything and you don't deserve to be debated like a mature adult. Throw in your gimmicks and it's any wonder I even respond to your posts at all, googly-eyes.

Your position can remain the same all you want. You are a dumb bitch with the economics knowledge of a 4-year-old so it doesn't matter. Tell us again how you have a 160 IQ, though, googly-eyes.


George Whorewell

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Re: Socialism completely fails in Europe.
« Reply #5 on: September 29, 2010, 05:02:53 PM »
 ::)

Socialism does NOT work. The leeches of society feed off of the productive. The nanny state becomes the never ending opiate of the masses who have been taught their entire lives to not bother washing their behinds because the government would do it for them. What the fuck do toxic assets have to do with stupid, lazy, ignorant and incompetent Greeks and the mindless shitbags who run their government? What does capitalism have to do with the fact that Europe has been bombarded with a flood of useless, bloodsucking immigrants of both the legal and illegal variety that refuse to work and insist on a laundry list of benefits? What does the free market have to do with the fact that the EURO and the EU as a whole has exposed itself as a failed social experiment where inevitably, the strong are not going to carry the water for the weak at the expense of their own citizens?

Liberalism is deader than your lazy eye Jag. By this time next year it will be something confined to a few cable news networks that nobody watches, a few elitist Universities in America and a handfull of Starbucks Cafes with Rainbow flags dangling from the awning.