Tuesday, July 17, 2012

Spanish workers on the march

Click here to access article by Lee Sustar from Socialist Worker. 

The author provides the latest scoop on the class war going on in Spain. Striking Spanish miners have inspired renewed militant demonstrations against the austerity measures, the bank bailouts, and the predatory takeover of newly acquired state assets at bargain-basement prices.
...as Spain spirals downward, big multinational corporations are poised to grab Spain's main corporate assets, taking advantage of European Union rules that limit state ownership of private corporations. Since the Spanish government, having bailed out big banks, is now part owner of several key companies, it will have to sell its stock in those companies at cut-rate prices. 
The class war in Europe is clearly heating up.