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Germans Veto Merkel's Austerity Package

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http://uk.finance.yahoo.com/news/germans-protest-against-merkel-s-savings-package-reuters_molt-ddb510641617.html?x=0

Germans protest against Merkel's savings package

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Topics:Europe
Deflation now certain
15:51, Saturday 12 June 2010
BERLIN (Reuters) - Tens of thousands of Germans protests on Saturday against what is being touted as Germany's biggest austerity drive since World War Two.
Chancellor Angela Merkel's increasingly unpopular coalition on Monday agreed a package of budget cuts and taxes to bring the federal structural deficit within European Union limits by 2013.
Police estimated that up to 10,000 people demonstrated against the package in Stuttgart on Saturday, while organisers said between 15,000 and 20,000 people took part in the protests in Berlin.

I bet no one goes out marching on the afternoon of 22nd June following Ozzie's emergency budget. The Champers will be flowing in the Bankster's boardrooms if CGT remains the same or a token bump to 25%.

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Anti-war protest in London had 2m. It was the largest protest anywhere, ever.

It may even have been the largest gathering of people for an event ever.

It may even have been the largest gathering of people ever.

We still invaded Iraq. :ph34r:

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Anti-war protest in London had 2m. It was the largest protest anywhere, ever.

It may even have been the largest gathering of people for an event ever.

It may even have been the largest gathering of people ever.

We still invaded Iraq. :ph34r:

still at least tony blair has done well

people will wake up eventually

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Unless they all turned up with Ak47s and Rocket propelled grenades and rope such a protest will not make any difference at all.

If the protestors against the iraq war turned up with Ak47s imagine how different it would be, we could of had crucifixtions in Wembley.

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The title says they "vetoed" the package yet your quote says they "agreed a package of budget cuts and taxes", a direct contradiction. Perhaps you meant "Germans protest against austerity package".

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...Blair did.... :rolleyes:

Here's an idea for a reality show. Blair is dropped off in central Baghdad with no soldiers or security guards to protect him, but he is provided with a translator so that he can communicate with the locals. If the special middle east envoy can make his way out of the city then he gets a Nobel Peace Prize for liberating Iraq. Otherwise, he needs to face the consequences of his actions. Would thankful Iraqis rally around to protect one of their liberators, or would a shoe slapping lynch mob prevail? One suspects that the whole episode wouldn't last much more than about 20 minutes.

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Here's an idea for a reality show. Blair is dropped off in central Baghdad with no soldiers or security guards to protect him, but he is provided with a translator so that he can communicate with the locals. If the special middle east envoy can make his way out of the city then he gets a Nobel Peace Prize for liberating Iraq. Otherwise, he needs to face the consequences of his actions. Would thankful Iraqis rally around to protect one of their liberators, or would a shoe slapping lynch mob prevail? One suspects that the whole episode wouldn't last much more than about 20 minutes.

How about a big brother type show?

Put B.Liar in a house fitted with cameras along with 9 Iraqis who have lost limbs , eyesight or their own children because of the war.

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Anti-war protest in London had 2m. It was the largest protest anywhere, ever.

It may even have been the largest gathering of people for an event ever.

It may even have been the largest gathering of people ever.

We still invaded Iraq. :ph34r:

So much for "democracy"

Ghandi was the exception. Violence is the rule.

More's the shame.

Personally I'm practising the Soviet Citizens strategy to bring about change. I'm not being productive enough to support the state. Nor do I do anything to support the state.

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Anyhow how is it deflationary if people are against these spending cuts?

If the cuts don't go through that would be inflationary surely.

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Anyhow how is it deflationary if people are against these spending cuts?

If the cuts don't go through that would be inflationary surely.

When was the last time you ever heard of protests in favour of spending cuts, never. That does not mean no people want spending cuts. The spending cuts fall on a few heads, mostly public employees, it is them and their unions which organise these protests. If 10,000 protest, it may well be that bulk of the people still support the cuts.

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When was the last time you ever heard of protests in favour of spending cuts, never. That does not mean no people want spending cuts. The spending cuts fall on a few heads, mostly public employees, it is them and their unions which organise these protests. If 10,000 protest, it may well be that bulk of the people still support the cuts.

I'm sure they would rather have vetoed the Greek bailout and kept the public sector jobs rather than the other way around.

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So much for "democracy"

Ghandi was the exception. Violence is the rule.

More's the shame.

Personally I'm practising the Soviet Citizens strategy to bring about change. I'm not being productive enough to support the state. Nor do I do anything to support the state.

This form of resistance is amazingly effective. If a mountain of regulations, legal liabilities, taxes etc.. await you for trying an enterprise. You might instead decide to hang out with your friends and play video games.

They have all made promises to each other based on how much of your income they are going to take away. But if you don't work they are in trouble.

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They have all made promises to each other based on how much of your income they are going to take away. But if you don't work they are in trouble.

But so are you...

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Guest The Relaxation Suite

http://uk.finance.yahoo.com/news/germans-protest-against-merkel-s-savings-package-reuters_molt-ddb510641617.html?x=0

Germans protest against Merkel's savings package

Buzz up! 0
Print
Topics:Europe
Deflation now certain
15:51, Saturday 12 June 2010
BERLIN (Reuters) - Tens of thousands of Germans protests on Saturday against what is being touted as Germany's biggest austerity drive since World War Two.
Chancellor Angela Merkel's increasingly unpopular coalition on Monday agreed a package of budget cuts and taxes to bring the federal structural deficit within European Union limits by 2013.
Police estimated that up to 10,000 people demonstrated against the package in Stuttgart on Saturday, while organisers said between 15,000 and 20,000 people took part in the protests in Berlin.

I bet no one goes out marching on the afternoon of 22nd June following Ozzie's emergency budget. The Champers will be flowing in the Bankster's boardrooms if CGT remains the same or a token bump to 25%.

German taxable workforce will be 30% smaller in a couple of decades. Several German economists have said openly that Germany will be weak economic power in the future. Then consider they are propping up half of Europe. Kapow.

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  • 259 Brexit, House prices and Summer 2020

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      • down 5% +
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      • Even
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      • up 5%



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