The Pain In Spain

IMF Managing Director Dominique Strauss-Kahn (...
So I said "How about this for fiscal rectitude"'

So protestors march by, chanting that Ireland is in solidarity with Spain against the EU-IMF bailout. Wait – don’t you usually express solidarity with someone in their troubles, not your own? That’s a bit like shaking hands with a mourner at a funeral and telling them your car needs a new clutch.

But I am qibbling over a choice of words. It is good that people are at least protesting, whether it be against the Spanish government’s cuts, our own bailout conditions, or – to go for the common thread – the destructive role that the financial industry now plays in western economies. Perhaps it will even make the news. Second or third item after after the nation waving a tearful goodbye to her majesty Queen Elizabeth.

Wouldn’t want to spoil that image of us quietly taking the fiscal punishment we deserve.

2 thoughts on “The Pain In Spain

  1. Fiscal punishment? We deserve? What are you talking about?
    It’s not common people that is getting the bailout funds.
    It’s not commono people that got richest with bonuses, in addition to astronomic salaries.
    The only sin people commited was to try to buy their own house.
    Yes, may be they should be punished for that.

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