Tuesday, September 28, 2010

Austerity whips up anger, protests mount in Europe

http://sg.news.yahoo.com/afp/20100928/tts-eu-economy-strike-labour-social-c1b2fc3.html

America needs to make a coordinated effort along with the residents of the EU and make their voice heard regarding the same problems.
Austerity measures being taken or proposed is a world wide problem, and what's being proposed has become painfully unacceptable for the common man due to no fault of there own, but rather forced upon them by their governments having dealt with the Central Banks.


Painful cuts by overspending EU countries come head to a head with mounting social anger on Wednesday when labour leaders call angry workers onto streets right across the continent.

Set for its largest Europe-wide protest for a decade is Brussels where labour leaders are planning to bring 100,000 people from 30 countries to say "No to austerity!"

The protest, the biggest such march since 2001 when 80,000 people spilled into the EU capital, is being held to coincide with a plan to fine governments running up deficits.

Detailed proposals are due to be released that day by the 27-nation bloc's executive arm, the European Commission, with the continent's finance ministers also gathering in Brussels this week.