Something in the Air
DIMITRIS ALEXAKIS
“I am very satisfied, I think we have taken a very decisive step” says Spanish Prime Minister Mariano Rajoy announcing Spain’s €100 billion bailout
I’m puzzled. Our government is celebrating that it has received a “line of credit” (not a rescue) of €100 billion Euros, and our Prime Minister welcomes it as “a global plan to breathe life back into the Spanish economy”. Meanwhile, in Asturias, to the north, a miner’s strike is developing into intifada-style guerrilla warfare, and the International Monetary Fund is ‘suggesting’ that the government raise taxes. Luis de Guindos, our smart, Lehman Brothers-educated Minister of Economy, stutters when he mentions the ‘volatility’ of the situation, and even with our financial sector bailed out, Moody’s still downgrades our banks.
We should be raising our glasses of sangria to the fact that we’ve sold our soul to the devil, but we hardly have the strength – we are, after all, one of the ‘sick men of Europe’ – or one of the ‘PIGS’, as the Financial Times affectionately used to call us.
Every time I try to discuss what is happening with my father, he tells me to shut up and not to talk about complicated things I do not understand… maybe I should write a letter to nice Mr Moody, asking for some clemency and explanations, since after all, we are only obeying his masters.
But what puzzles me even more, is to see how the government and the main opposition party (the PSOE – which was in power until 2011) both agree that the only solution for Spain is ‘more Europe’ – that is, less national sovereignty and more integration with Brussels.
Strangely it’s not even Brussels telling us what to do, but Berlin. Every time President Rajoy goes to meet Angela Merkel, he looks like a schoolboy being called to the principal’s office. It’s sad when a nation seems to have lost control of its own destiny, but personally I do not blame the Germans; we Spaniards were all very happy and thoroughly enjoyed all the flashy infrastructure that’s been built since the 1990s with European Union funds.
This crisis should not have come as a surprise. In 2005 the Spanish economy was booming – the flights from Madrid to New York were packed with Spaniards going shopping in the Big Apple. That same year a BP executive in London pointed out something I never forgot: “The situation in Spain scares me,” he said. “I see construction taking place everywhere, but I do not see a productive structure capable of sustaining that growth…” Two years later in 2007 our previous president, Jose Luis Rodriguez Zapatero, proudly stated that his government had managed to classify Spain amongst the “Champions League” of world economies.
But something is changing in Spain; people are pissed off and they are organizing themselves. For example, in Catalonia the movement “No vull pagar” (“I do not want to pay”) has managed to convince more than 25,000 Catalan drivers not to pay the excessive amount of tolls that flood Catalan highways. Albertis, the company that operates the concession, has calculated that the economic cost of this civil disobedience campaign exceeds €180,000 Euros.
In 2011 there were more than 58 000 foreclosures throughout the country. But a social movement, the “Plataforma Stop Desahucios” (“Stop Foreclosures”) has managed to stop countless foreclosures nationwide, giving some hope to families who not only are left in the street, but are unemployed and are still obliged to pay mortgage debt to the banks. Even though the value of those houses has decreased more than 12%, unlike their debts…
Back in 2010, Rodrigo Rato – former Economic Minister and once Managing Director of the International Monetary Fund – merged a few debt-ridden banks to create the cataclysm that today is Bankia, Spain’s fourth largest financial institution. Back then Rato never would’ve imagined that two years later, members of the 15-M movement would, in only a few hours, collect the €20 000 Euros necessary to bring a people’s lawsuit accusing him of falsifying the balance sheets. Back then, Rato never would’ve imagined that two years later, despite the flashy advertisements and PR campaigns, the government has had to nationalize Bankia, and pour €23 billion Euros into it. Soon, if we are lucky, he won’t even have to imagine himself standing in front of a judge, looking like an embarrassed child caught with his hands in the cookie jar.
Despite all this chaos, confusion and anger, and more than 20% unemployment of over 5 million people, bars are full when Spain plays in the European Cup, Big Brother still has an audience, people are planning their summer holidays, the streets are full of beautiful señoritas, and life goes on.
But this time, something tells me that this is just not another crisis. 22% of Spanish families live under the poverty line; every night there is an army of dispossessed waiting to pick up the food discarded by supermarkets; the immigrants that arrived in the 1990’s are abandoning ship; and in the streets of Norway it’s easy to find Spanish builders sleeping in the streets begging for something to eat.
Yes my friends, we are, in the words of the great Spanish poet Federico García Lorca, fucked. And we know it – but this time, we won’t go down without a fight. The question is, against whom? Ourselves? Evil German technocrats in black suits? Our incompetent politicians? McDonald’s? Which makes me wonder, how is it possible to fight against the civilization that engulfs us, without destroying ourselves in the process?
There is definitely something in the air; I just hope that it is the sweet smell of renaissance, not the bitter taste of bloody revolution.
— from Sergio Casesmeiro in Madrid, originally published by the Occupied Times
19 comments on the article “Something in the Air”
Displaying 11 - 19 of 19
Page 2 of 2
Anonymous
Oh I think there is plenty of current malfeasance to act upon. There is absolutely no reason that we cannot reject this fraudulent debt now because we didn't before. Time to follow in Iceland's example.
Stand up people, the time to act has come.
Anonymous
Now this is what it's all about.
Anonymous
The author doesn't understand some situations here. First of all deepening integration is inevitable and crisis has always precipitated the integration. First a demand is created forcing a deepening of the integration process. There was a crisis which imposed the Euro market, single currency etc and this economic crisis is what is going to create the federal government in Europe; hence the United "states" of Europe. Greece and Spain are dependent on bailouts because there is no European federal government which can tax or moves tax money to those areas. This is why you are hearing the call for more Europe and not less, and they'll get it too. Germany and France will always be the leaders in this Union because they have stronger economies, just like there will always be a big difference in power between Alabama and NY. The uprisings strangely enough can only help heighten the integration, its telling the parliamentarians that a speedy integration is necessary so the tax system can be in place. The irony of "No vull Pagar" is that it plays right into their hand, or rather the entire situation fits beautifully into their well orchestrated plans. Same thing in Greece, a party threatening to stop austerity, threatening to leave the Euro, threatening default only led to a strong "YES!" vote for the party willing to remain in the Euro and talk to the parlimentairs about lessening austerity AND deepening integration. So you can look forward to a federal government with a federal tax system and unemployment fund etc. This will ensure that the pensions in Greece remain secure and that there is enough social welfare to keep Alessandra off the street in Spain. This is what Merkel and Sarkozy had been reluctant to pay and this is what the people are now begging for them to implement which is why you see demonstrations in Germany with sigs saying "Greece You Are Not Alone" German would face a currency too high if the Euro is in ruins, this is why Germany will go in favor of deeper integration, it is benefitting from the Euro and is heavily exposed to the Euro. The posturing is for the cameras and confused citizenry. The Federal government of Europe is already at hand.
Anonymous
Whateve the hell's in the air has the taste and smell of the grand paradox; How do peaceful and peace loving people get out from under the thumb of the death cult U.S. Military's world dictatorship while remaining peaceful? When all peaceful means have been cut off? Where the message of peace and the true identities of the real authors of America's serial killer foreign policy is never told in the mass media. And, all the while we're forced closer and nearer to this hardest to surmount paradox perhaps in all of human history. However, it is not a paradox anymore. There's only one option remaining - that is, if you're truly a peace loving person and not someone who just wants to yell at worthless bankers and useless ceos - it is; Occupy the U.S. Military's Retired Generals Corps and yell at the doors of their homes. That would be the first healthy thing you'd be doing if you haven't already. I mean, compared to yelling at their money managers and other safety valves who get the big bucks to take the heat for the Generals, applying the same attention we shower on bankers against the people who really and truly call the shots on this planet may just avert the showdown everyone seems to be dreading. Aim protests squarely where they belong. Occupy the U.S. Military's Retired General Corps. They the ones. Nope, not those little fish - they're just a couple a crazy colonels and a major out of northern Virginia who run the elections and the two major and several minor Presidential candidates. No, I mean the crusty old **gs puttering around luxury base golf courses druggin, boozin and croak-cursing their little hearts out until lights out. They're the planners and THE profiteers of our planet's doom. Those old psychopaths need to hear some shit. From us. Soon.
Anonymous
This Aurora - home of the largest U.S. Defense Department Intelligence apparatus in the world - thing is looking more like a psychological warfare operation with all the usual shit and mind-f*cks thrown in. Lone nut - check. Initial reports of multiple shooters - check. Patsy or designated evil-doer with connections to government/Military funded academic programs (In this case the alleged perp, a PhD candidate with an undergrad degree in neuroscience, was a participant in an academic program that required a high security clearance) - check. Rapid deployment of official versions amid the reigning confusion in media and online social networks - check. Preemptive early denials from the U.S. Military, the only party that had the means, motive, and expertise to successfully pull it off - check.
Anonymous
I'll be adding this to my favorites to refer to in the future .Thanks a lot for these wonderful tips. I really like it when people share their own experiences instead of just talking in a matter of fact way. http://www.getbiohealth.com/
janell
great site latest and happening topics. Found one more site which has lot
go visit this
Anonymous
Excellent description of Spain's self-inflicted plight and its current morose.
Spaniards believed that you could get something for nothing. As you described, they built up infrastructure and other public goodies on loans, and now the loans are due, with no money available to pay them.
The solution to the dilemma is to re-build and restructure using realistic assumptions where it is evident that it is required.
It is time that Spain, and the other countries in similar circumstances to start living within their means.
Anonymous
it is believed you are an idiot and your comments do nothing to change that belief
Pages
Add a new comment