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Spanish Coal Miners Protesting Austerity

A PressTV video reveals the sheer weight of the economic upheaval in Spain. Spanish coal miners are protesting against such harsh austerity measures, which are slashing jobs and causing even more instability in the country. You might say there is a war going on in northern Spain at this moment. Will Spain be the next Greece?

There are thousands of coal miners, some say as many as 30,000, that are losing their jobs due to cutbacks of government subsidies, and the miners are collectively taking it to the streets. The activists staged a miners march from Asturias to Madrid, walking some 270 miles of road, with the temperature reaching up to 95 degrees. They arrived on the outskirts of  the capitol in the early part of July, to spread their message. If you listen to the EuroNews video you can hear the concerns of the people.

The miners had been on strike since May of 2012.

One marcher replied: “Our goal is to stop the cuts and to force the government to give what belongs to us. We are not isolated. We are the miners of Asturias, so we are talking about 3,000 people.”

Another miner articulated: “There is an interesting saying — When the rich steals from the poor, it’s called business. When the poor defend themselves it is violence.”

There had been a proposal to cut subsidies to unprofitable mines by 2018, but the government wants to speed up the process as early as next year.

The Spanish miners have even fired rockets in clashes with police. The miners have blocked some roads with barricades.

The end of mining in the region could mean the end of the region itself. “Only idiots would leave the country depending entirely on foreign energy,” one protester remarked. “The only energy resource we have here is coal.” And if the coal mines are shut down, Spain will be required to buy the coal from another country, probably Germany or Poland.

Spain’s unemployment rate is around 22 percent. Can Spain be saved? Can the Euro be saved?

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Treatment Center Shocked Boy 31 Times

In April of 2012, a very disturbing video was shown in court of a boy being shocked 31 times at the Rotenberg Center. This is a facility for special needs students that operates in Canton, Massachusetts. This center treats individuals with severe disabilities and emotional disorders.

The video showed McCollins being held face down and shocked repeatedly for several hours after refusing to remove his coat. The treatment the facility uses is quite controversial and is in question. Electric shock is used, as well as deprivation of food.

The Judge Rotenberg Center (JRC) was sued in April by a former client and victim, Andre McCollins. In April, “McCollins sued the JRC with the charge of having shocked him excessively and caused permanent damage.”

In the trial, the video was presented for the first time, since the occurrence in 2002. In 2002, the 18-year-old was shocked 31 times by the staff at the center. The mother of the victim had this to say about the incident: “I never signed up for him to be tortured, terrorized, and abused,” McCollins’ mother said on the stand. “I had no idea—no idea—that they tortured the children in the school.”

The case has now gained worldwide attention and is currently under investigation. A UN spokesperson has confirmed this with Al Jazeera, and has requested access to the information from U.S. government.

JRC has “900 employees and annual revenues exceeding $56 million, charging $220,000 a year for each student,” according to Mother Jones magazine.

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PFGBest Scandal Breaks After 20-Year Fraud

The PFGBest (Peregrine Financial Group) scandal breaks out and CEO Russell Wasendorf, Sr. has been arrested. Wasendorf attempted suicide and he did leave a suicide note. In the note he states that “the forgeries started nearly twenty years ago.”

Federal regulators have almost completely shut down the firm, only allowing liquidation of accounts. Accounts have been frozen because of the investigation, and some customers can’t even get their money out. The PFGBest case comes only months after the collapse of another trading firm, MF Global.

Jon Corzine, former CEO of MF Global, was never publicly charged with that scandal. The losses incurred by customers of MF Global stood at $1.6 billion and the majority of funds have not been returned to customers.

It is estimated that there are $200 million missing in customer funds at PFGBest, after falsifying bank records for years. The company has filed a Chapter 7, according to a Reuters report.

Wasendorf spoke in a video after his company was nominated for the Iowa Business of Character Award, in 2011.

Bruce Clark, the Nominator said this at the time:

PFGBest is a great corporate citizen. They demonstrate great corporate character, great citizen of the Cedar Valley, and just definitely a business with character. They’re a company that their customers and that their neighbors can trust and respect. They show caring for their employees by the at work services they provide. They show that they’re responsible for their environment with the nature of their building and the way they constructed their building.