Society's Child
A rally in the Greek capital turned violent when protesters in Syntagma Square lobbed Molotov cocktails at police, who retaliated by firing tear gas at the demonstrators.
Security forces also reportedly used flashbang grenades and pepper spray to push protesters back from the parliament building. According to Greek newspaper Kathimerin, the police had been ordered to refrain from using chemicals against protesters.
Around 70,000 people, as estimated by Reuters, gathered in front of the parliament for the country's biggest anti-austerity protest since the new government came to power.
"EU, IMF out!" shouted the angry crowd.
"For the past two-to-three years we've been living an incredible social catastrophe," one of the protesters told Agence France Presse. "My salary has been cut by 50 percent. I have two children and tomorrow I don't know if I'll have a job."
Clashes erupted in different parts of Athens Syntagma Square, with demonstrators throwing fire bombs at police.
Madrid riot police have cleared Plaza de Neptune of protesters, with about 200 officers securing the surrounding blocks. At least 60 people have been injured and 26 arrested as police used batons and rubber bullets to disperse the crowd.
Local emergency services have confirmed that at least 60 people, including eight policemen, were injured in clashes between police and protesters, El Pais reports. One of the wounded is believed to be in critical condition, while one of the injured policemen suffered a severe concussion.
Originally conceived of by science fiction writers -- most notably Neal Stephenson's cult science-fiction novel Snow Crash -- peer-to-peer cryptocurrency has been all over the headlines, following its leap to the real world, in the form of the Bitcoin. Created by a shadowy individual known as "Satoshi Nakamoto", bitcoins are an inherently anarchic construct looking to free a key piece of the global economy -- specifically, currency -- from the grip of any one nation. They're also difficult to trace, making them a popular mode of purchasing quasi-legal items.
But over the year the flowers and sunshine surrounding Bitcoin has been slightly diminished. Last June, there was a massive devaluation, letting off inflationary steam and costing late adopters large amounts of real-world dollar value. Later that same month Mt. Gox, the single largest Bitcoin exchange (which trades Bitcoins for real world dollars and vice versa) was hacked. Since then we've learned about Bitcoin-stealing malware and Bitcoin Ponzi schemes.
When it comes to materialism in America, there are outrageous examples all around us, but one of my favorite examples is the "Rich Kids of Instagram". It is a Tumblr blog of photos from Instagram of young Americans showing off how they are enjoying the vast wealth of their parents. The following is how the Washington Post describes the blog....
Demonstrators wearing helmets and gas masks and armed with sticks clashed with police in the Greek capital on Wednesday, as a general strike was held to protest the government's austerity drive.
Riot police fought with the protesters wearing the black clothes favored by anarchist groups for about 45 minutes in the central Syntagma Square, letting off tear gas in an attempt to disperse the crowd.
The demonstrators let off flares and a tent in the center of the square advertising an air show was set on fire.
The anarchist group appeared to be trying to cause as much damage in the square as possible.

A Molotov cocktail explodes beside riot police officers near Syntagma Square in Athens on Wednesday.
There were also violent clashes between anti-austerity protesters and riot police in Spain on Tuesday. Police there told The Associated Press that 38 people were arrested and 64 people injured when officers clashed with protesters demonstrating against cutbacks and tax hikes.
The privatization of public goods and services turns basic human needs into products to buy and sell. That's more than a joke, it's an insult, it's a perversion. It generally benefits only a privileged group of businesspeople and their companies while increasing inequality and undermining the common good.
Various studies have identified the 'benefits' of privatization as profitability and productivity, efficiency, wider share ownership and good investment returns. These are business benefits. More balanced studies consider the effects on average people, who have paid into a long-established societal support system for their schools and emergency services, water and transportation systems, and eventually health care and retirement benefits. These studies have concluded that:
While privatization may lead to efficiencies in producing goods, it is generally only true under conditions of competition and regulation. The New Jersey Privatization Task Force asserted that "States that have had the most success in privatization created a permanent, centralized entity to manage both privatization and related policies aimed at increasing government efficiency."
- Privatization has generated large profits for new owners but these have not been shared with the general public.
- The potential benefits of privatization are often outweighed by high contracting costs and opportunism.
- Most privatization programs appear to have worsened the distribution of assets and income, at least in the short run.
In the U.S. and around the world, privatization has simply not worked in industries that provide essential public goods and services:
The following is an excerpt from a comment that one reader posted on one of my recent articles. Can you identify with what this family is going through?....
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The clashes broke out as protesters tried to tear down barriers blocking access to the parliament in Madrid.
Spanish media reported that at least 20 people had been arrested and more than a dozen injured. The protesters dispersed after MPs left the building.
The "Occupy Congress" protest came as the government prepares to unveil further austerity measures on Thursday.
It is attempting to shrink its budget deficit, with the country in its second recession in three years and unemployment near 25%.
The government will unveil the draft budget for 2013 on Thursday and is expected to present new cost-saving reforms to reassure lenders about the state of the country's public finances.
Now Missouri is pursuing a very similar case, with death row inmate Reggie Clemons. As with the Davis case, there is no physical evidence linking Clemons to the crime for which he was convicted, and his conviction was based solely on witness testimony. One witness had been a former suspect in the case. In other words, here too there appears to be reasonable doubt as to the defendant's guilt.
This past week, Clemons was given an evidentiary hearing to review evidence of prosecutorial misconduct and police brutality in the case. One bombshell is an allegation that the star prosecution witness in the case had received a payment of $150,000 to settle a dispute with police over physical abuse. Clemons alleges that the police had abused him as well. If they can't get a confession by humane means, I guess they feel they have to beat it out of you. And that kind of "truth" is always suspect at best.
"She's a very sick person who did a very sick thing to a young man fighting for his life," said Tiffany Doty, whose son, Thomas, has osteosarcosis. Thomas has not responded to surgery or chemotherapy.
Tiffany Doty brought her son to Valley Center for a holistic approach to his care at the pH Miracle Center, but because of money troubles, the family has only enough money to pay for two weeks of treatment.
Doty said her son needs eight weeks of treatment.
The family thought Thomas' treatment was being paid for by a woman who called herself Jonnica Ellis. Ellis saw an online video featuring Captain Johnathan Hillstrand of the reality TV show The Deadliest Catch. In that video, the reality star asks people to help pay for Thomas' cancer treatments.












Comment: In case you're lacking an idea of what is, and is about to befall the majority of us:
Euro zone crisis sends stock markets tumbling Wednesday in Greece and Spain
Order Through Chaos: Who Wants to Set the World on Fire?
Is the food shortage before us? Will we be buying bacon and pork sausages next year?