Saturday, January 5, 2013

Self - immolation spreads to Spain - once spain realizes its social security sytem has been plundered , the next fires could engulf Rajoy !

http://www.zerohedge.com/news/2013-01-05/two-spaniards-self-immolate-due-financial-problems


Two Spaniards Self-Immolate Due To Financial Problems

Tyler Durden's picture




First it was a German, then an Italian, and now, two months, later, the European self-immolation wave has spread to the country that many expect will be the next one to follow Greece into effective debt default. El Pais reports that an impoverished 57-year-old man who set himself on fire in Málaga Thursday, and subsequently died of his injuries at Carlos Haya hospital. He had third-degree burns on 80 percent of his body and suffered a multi-organ failure. The victim, thought to be of Moroccan origin, had worked in construction for years but was out of a job now, said people who knew him. In the last few months he had been scraping a living with the small change he made guiding cars into parking spaces near the hospital, an illegal practice that is usually overlooked by authorities. The police, who have not yet located his relatives, are not ruling out the possibility of an accident just as the man was lighting up a cigarette. Just two minutes before the event, he bought a pack of cigarettes from a local newsstand whose owner asked him how he was doing.

“I don’t even have enough money for food,” he replied. The man is thought to have been homeless at the present time, and seemed even more depressed than on other occasions, said the stand owner.
Several taxi drivers came to the rescue with their vehicles’ fire extinguishers when they saw the man go up in flames on a side street from the hospital. A few hours after being admitted into the emergency room there, he was transferred to a specialized burn unit in Seville, where doctors were unable to save his life.
He was the unlucky one - as BBC follows, another Spaniard also lit himself on fire on Thursday night, in the same city, but lived.
Another man is being treated in the same hospital apparently after setting himself alight in Malaga on Thursday.

The 63-year-old was found with serious injuries beside his burning car under a road bridge, police said.

No other details were given of that man but, according to Spain's El Mundo newspaper, preliminary investigations indicated that the fire had been lit intentionally.
...
Spanish media have reported a number of cases in recent months of people facing poverty in the country's recession killing themselves.
Considering it was an identical act of self-immolation in Tunisia that set off the Arab Spring in the winter of 2011, Europe has for shown far more resiliency to socio-economic collapse than many had expected, although this is not unexpected: after all, Europeans, and especially Spaniards, still have more to lose than gain by rising up against a reverse Robin Hood globalist system bent on taking from what's left of the middle class and giving to the status quo banking oligarchy. Or so they think: the big strawman, is and for the past 150 years has been the welfare state myth.

Then again, now that Spain has almost drained its entire social security fund, and replaced it with worthless ECB repo material, i.e., Spanish bonds, will Spaniards finally wake up and realize that while they were snoozing, their government spent 90% of their pension and retirement money to prop up the Ponzi for one more year. And instead of committing suicide, or even patching up various symptomps, shouldn't the people of Spain, and all of Europe, finally address the real underlying cause of their misery: a dysfunctional government, which contrary to indication, is merely a puppet in a banker-led globalist system?
If not, how many more people have to burn themselves to death before it becomes clear?
and locksmiths won't aid in evictions.............

http://rt.com/news/spain-locksmiths-eviction-suicide-332/

End to evictions in Spain? Locksmiths refuse to help oust owners amid austerity drive

Published: 04 January, 2013, 13:08
People sit in front of banners and placards displayed by evicted people outside a branch of Caja Madrid, part of the Bankia group bailed out by the Spanish state, during a protest against evictions on the Plaza Celenque in Madrid on October 25, 2012. (AFP Photo / Pedro Armestre)
People sit in front of banners and placards displayed by evicted people outside a branch of Caja Madrid, part of the Bankia group bailed out by the Spanish state, during a protest against evictions on the Plaza Celenque in Madrid on October 25, 2012. (AFP Photo / Pedro Armestre)
Dozens of locksmiths in the Spanish city of Pamplona have vowed to stop aiding authorities in evicting delinquent homeowners. The locksmiths said they would not assist in evictions that led to over 100 suicides in 2012.
If a house's locks remain unchanged, the evicted family could return whenever they liked, forcing authorities to start another – sometimes months-long – eviction process.
"As people, we can't continue carrying out evictions when people are killing themselves," Pamplona locksmith Iker de Carlos told PRI (Public Radio International).
Many eviction cases have ended in tragedy: More than 100 Spaniards committed suicide in 2012 after being kicked out of their homes.  
In November,  the suicide of 53-year-old Amaia Egaña – who jumped to her death from the fourth floor of her building after she was issued an eviction notice for defaulting on her mortgage payments – triggered protests across Spain. Thousands marched and chanted slogans such as “This isn’t suicide, this is homicide,” “They get the money and we get the dead” and ''Banker, remember – we have rope.''
Following Egaña's death, Barakaldo judge Juan Carlos Mediavilla pointed out that it was "necessary to amend current mortgage legislation" to prevent the recurrence of such events, while Employment and Social Security Minister Fatima Banez said the government deeply regretted Egaña's death. 
Ecuadoran homeowner Kelly Herrera (L) closes her eyes as a psychologist speaks with police coming to evict her from her house in Madrid. (AFP Photo / Pedro Armestre)Ecuadoran homeowner Kelly Herrera (L) closes her eyes as a psychologist speaks with police coming to evict her from her house in Madrid. (AFP Photo / Pedro Armestre)
At the end of October, three suicides in three consecutive days also led to public outcry. A young man threw himself off a bridge in Gran Canaria after losing his job and receiving an eviction notice, while a 53-year-old man in Burjassot jumped from his second-story flat. In the southern province of Granada, 54-year-old Jose Miguel Domingo hanged himself minutes before bailiffs arrived to evict him from his home.
Unemployment in Spain currently stands at over 25 percent, and continues to rise. In 2008, the country's housing market collapsed, causing widespread homelessness. Some 50,000 Spaniards were kicked out of their homes in the first half of 2012, and over 1 million homes across the country are unoccupied, Reuters reported. 
Nations gripped by the ongoing financial crisis have seen an upsurge in suicides and anti-depressant prescriptions related to financial problems, as people struggle to make ends meet.
The suicide rate in Greece has risen dramatically, with the country's health ministry indicating a 40 percent jump in suicides in the first half of 2010. In 2011, that number stood at 25 percent in Athens and 18 percent across the country.
In Italy, suicides caused by economic difficulties have increased 52 percent in recent years, to 187 in 2010 from 123 in 2005, the New York Times reported.
Members of the Mortgage Victims′ Platform shout slogans as they take part in a protest in Madrid November 12, 2012. Spain′s top parties will tackle eviction law reform on Monday after a homeowner′s suicide provoked public fury and accusations that politicians and banks are complicit in de facto "murder". (Reuters / Juan Medina)Members of the Mortgage Victims' Platform shout slogans as they take part in a protest in Madrid November 12, 2012. Spain's top parties will tackle eviction law reform on Monday after a homeowner's suicide provoked public fury and accusations that politicians and banks are complicit in de facto "murder". (Reuters / Juan Medina)

ans expect an explosion once this truly registers in the spanish mind.....

http://hat4uk.wordpress.com/2013/01/04/spanish-bonds-scandal-wall-st-journal-now-only-3-years-behind-the-slog/


SPANISH BONDS SCANDAL: Wall St Journal now only 3 years behind The Slog

How the Journal is behind the music on Spain’s social welfare embezzlement
PETEPAULCARTcrop
The Murdoch-owned Wall Street Journal ran what it positioned as a ‘scoop’ yesterday on the Spanish bond Peter-to-pay-Paul thing involving the country’s social welfare funding. It was soon picked up by Tyler Durden at Zero Hedge:
‘As the WSJ notes, Spain has been quietly tapping the country’s richest piggy bank, the Social Security Reserve Fund, as a buyer of last resort for Spanish government bonds – with at least 90% of the €65 billion ($85.7 billion) fund has been invested in increasingly risky Spanish debt. The Spanish defend the use of pension funds to buy bonds as sustainable as long as it can issue bonds – and yet the only way it can actually get the bonds off in the public markets is through using the pension fund assets. The pensioners sum it up perfectly “We are very worried about this, we just don’t know who’s going to pay for the pensions of those who are younger now,” or those who are older we would add.’
In fact, the sum invested was already €56.5 billion in Spring 2010. The latest outbreak of fiscal cannibalism is relatively small by comparison.
On August 4th 2010, The Slog posted about Spain rogering itself with these words: ‘the Spanish fiscal system is virtually eating itself, as the Government there gambles away the pensions and health insurance of its own citizens in a bid to buy its own bonds and thus keep the otherwise terrified punters interested. I’m sad for the Spanish but delighted for the Slog’s reputation, as I rather fancy some were beginning to doubt my trusty source on that market. He’d told me two months ago that what he called “incestuous buggery” was taking place in the country’s financial mess; well, now I can see what he meant. ‘
So on the basis of that, they’ve probably been at it for nigh one three years by now. Last Spring, I posted (this time from published sources) to this effect:
‘In Spain, unpaid bills, public company debt, and Spanish sovereign bonds amount to €870 billion. More disturbing still – I’ve posted about this before many times – is the degree to which Spain’s social insurance budget is also deep in hock. The social security reserve fund is where the Spanish are supposed to be accumulating resources to help pay for their pensions. But this is the last thing they’re doing. According to this brand new report from the fund managers, at the end of 2010 the fund had assets valued at just under €65 billion under its charge. Of this sum, €56.5 billion billion (or over 5% of GDP)  were invested in Spanish government bonds…’.
My Madrid source confirmed yesterday early evening GMT that the new level of social security plundering to buy its own junk is about €62 billion. Rape of other vital budgets is in turn at thus far unrevealed (but high) levels. As it is in Greece and Ireland….and enormously so in Italy. Over to you, Signor Monti.
Stay tuned. Chances are, you’ll read it here first.

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