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Spanish police rough up protesters in Valencia

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It's not Oakland, but it's not pretty either. Lots more videos and photographs from the protests in Spain here. The overall unemployment level in Spain is 23% but the youth unemployment is now over 50%. It's hard to see how this is not a lost generation. If you look at how Greece is being treated in the bailout, the other troubled countries can see where things are going. There's lots of stick and very little carrot which means pain for years to come. As much as we hear about immoral leaders in places like Libya (under Gaddafi) or Egypt or now Syria, destroying a generation or more in Europe is no better. Too bad the political class is more worried about what the banking sector will get rather than the destruction that the banks have left in their wake.

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