The coolest place on the internet, according to this tagline.
AskArchiveFAQ

May 18, 2013
breakingnews:

Thousands in Italy march in austerity protests
Reuters: Thousands participated in austerity protests in Rome on Saturday.
Italy is in the midst of its longest recession since 1970 and unemployment is close to record highs, with young people being hit particularly hard with a 38% jobless rate. Approval rates for the government have dropped from 43% to 34% in the last month.
Photo: Demonstrators applaud during the left-wing Italian metalworkers’ union FIOM rally in downtown Rome’s Piazza San Giovanni on Saturday. (Filippo Monteforte/AFP - Getty Images)

The last few years have left many in the European Union dubious of not only the hardships that austerity policies often visit on countries, but also of its practical efficacy, or lack thereof. This will be a paramount issue for the incoming coalition government in Italy.

breakingnews:

Thousands in Italy march in austerity protests

ReutersThousands participated in austerity protests in Rome on Saturday.

Italy is in the midst of its longest recession since 1970 and unemployment is close to record highs, with young people being hit particularly hard with a 38% jobless rate. Approval rates for the government have dropped from 43% to 34% in the last month.

Photo: Demonstrators applaud during the left-wing Italian metalworkers’ union FIOM rally in downtown Rome’s Piazza San Giovanni on Saturday. (Filippo Monteforte/AFP - Getty Images)

The last few years have left many in the European Union dubious of not only the hardships that austerity policies often visit on countries, but also of its practical efficacy, or lack thereof. This will be a paramount issue for the incoming coalition government in Italy.

16:17 // 1 year ago
April 9, 2013
reuterspictures:

REUTERS/U.S. Navy/Mass Communication Specialist 2nd Class Andrew Johnson/Handout 
Blue Angels
The U.S. Navy’s renowned flight demonstration squadron has cancelled its flying season due to federal spending cuts.

On the downside, no more fancy Blue Angels for you fans of fancy air shows. On the upside, a little peace and quiet come Fleet Week time for the rest of us.

reuterspictures:

REUTERS/U.S. Navy/Mass Communication Specialist 2nd Class Andrew Johnson/Handout 

Blue Angels

The U.S. Navy’s renowned flight demonstration squadron has cancelled its flying season due to federal spending cuts.

On the downside, no more fancy Blue Angels for you fans of fancy air shows. On the upside, a little peace and quiet come Fleet Week time for the rest of us.

(via newshook)

20:19 // 1 year ago
September 26, 2012
nbcnews:

Rage against austerity: Violent clashes erupt in Spain, Greece goes on strike
(Photo: Pablo Blazquez Dominguez / Getty Images)
Dozens of anti-austerity protesters were arrested after violent clashes in Spain on Tuesday and riot police were on standby in Greece as workers walked off their jobs on Wednesday over the European Union’s policy of imposing austerity on countries mired in debt.
Spanish police told The Associated Press that 38 people were arrested and 64 people injured when officers clashed with protesters demonstrating against cutbacks and tax hikes.
Read the complete story.

Greek ADEDY labor group member Despoina Spanou makes this sound like a long-term protest: "We call on everyone to take part in the strike and resist the austerity measures that hurt Greek people and the economy. This strike is only the beginning in our fight."

nbcnews:

Rage against austerity: Violent clashes erupt in Spain, Greece goes on strike

(Photo: Pablo Blazquez Dominguez / Getty Images)

Dozens of anti-austerity protesters were arrested after violent clashes in Spain on Tuesday and riot police were on standby in Greece as workers walked off their jobs on Wednesday over the European Union’s policy of imposing austerity on countries mired in debt.

Spanish police told The Associated Press that 38 people were arrested and 64 people injured when officers clashed with protesters demonstrating against cutbacks and tax hikes.

Read the complete story.

Greek ADEDY labor group member Despoina Spanou makes this sound like a long-term protest: "We call on everyone to take part in the strike and resist the austerity measures that hurt Greek people and the economy. This strike is only the beginning in our fight."

(via nbcnews)

12:25 // 2 years ago
June 17, 2012

Greek elections: Pro-austerity party wins, upstart Syriza party close behind

  • 29.7% the share of votes the Greek New Democracy party got in Sunday’s parliamentary election
  • 27% the share of votes the upstart anti-austerity Syriza party got on Sunday, besting even their May results source

» A coalition to keep austerity measures alive: The vote in Greece ensures that the two parties that are most likely to support austerity measures — New Democracy and the once-powerful PASOK, which will likely form a coalition with New Democracy to ensure a majority — will be able to keep those measures in place. That’s despite the measures’ widespread unpopularity and extremely high unemployment. The two parties together would hold 162 of the country’s 300 seats in parliament. That said, the elections, which took two tries to get right, were seen as a coming-out party for the far-left Syriza, which was only a minor party as recently as 2009. ”Very soon, the Left will be in power,” said Syriza’s leader, Alexis Tsipras, in a concession speech. ”We begin the fight again tomorrow.”

Follow ShortFormBlog • Find us on Twitter & Facebook

22:45 // 2 years ago
May 28, 2012
10:54 // 2 years ago
May 19, 2012

G8 leaders endorse growth mentality for euro recovery

  • austerityThe policy prescription some euro zone states endorse, as a means to combat debt crises like that of Greece, and the collateral economic damage it created. German chancellor Angela Merkel is arguably the most prominent pro-austerity voice at this moment.
  • growth The G8 summit today yielded a notable statement from the eight heads-of-state — they committed to take “all necessary steps” to grow their economies, citing investment and infrastructure, though they ceded to Merkel that deficits merited concern. source

Follow ShortFormBlog • Find us on Twitter & Facebook

17:59 // 2 years ago
May 7, 2012

producermatthew:

Flip Socialism: Even before the allegations of rape against former IMF boss Dominique Strauss-Kahn, Francois Hollande was moving himself in to become the next Socialist presidential candidate, according to one French commentator. “Some say that he knew, like actually many others in the part, that DSK was doomed: His colorful private life was always bound to prevent his running for president,” journalist Agnes Poirier said. [Photos: Reuters]

CNN: How Dominique Strauss-Kahn’s fall led to Hollande’s rise

In which a tabloid-headline-generating scandal in a hotel room an ocean away from France sealed the fate of an election.

11:42 // 2 years ago
April 5, 2012
The Greek government has a new problem: A potential martyr. A 77-year-old man who recently recently shot and killed himself in Athens’ Syntagma Square has become a symbol for anti-austerity activists, leading to heavy protests Wednesday, including chants like ”this was no suicide, it was a state-perpetrated murder.” Greece, rocked by a tough state of austerity, has unemployment at 21 percent — higher for young people — and tens of thousands of jobs have been lost.  (Photo: People gather at the site of the man’s shooting. Thanassis Stavrakis/AP)

The Greek government has a new problem: A potential martyr. A 77-year-old man who recently recently shot and killed himself in Athens’ Syntagma Square has become a symbol for anti-austerity activists, leading to heavy protests Wednesday, including chants like ”this was no suicide, it was a state-perpetrated murder.” Greece, rocked by a tough state of austerity, has unemployment at 21 percent — higher for young people — and tens of thousands of jobs have been lost.  (Photo: People gather at the site of the man’s shooting. Thanassis Stavrakis/AP)

10:26 // 2 years ago
September 17, 2011
11:45 // 3 years ago
September 14, 2011
The only winners here are jaded cynics like us who can make jokes about stories like these. And car companies. And rich people.

The only winners here are jaded cynics like us who can make jokes about stories like these. And car companies. And rich people.

10:44 // 3 years ago