Category Archives: Current Events

After the King Dies

Spain is currently a constitutional monarchy. Juan Carlos, appointed by the law succession after the death of Franco in 1975, oversaw the transition from dictatorship to democracy. In 1982, his rule became almost entirely symbolic, though he commands great moral authority and is a very popular figure in the Spanish media and politics. His opinions and words are taken seriously.

Juan Carlos is now 72 years old and recently had a benign tumor removed, but speculation about his health is unclear. When he dies, his son Felipe, Prince of Asturias is destined to take over as symbolic head of the state. But in Spain there is resurgent cry for a republican style of government in Spain, like that of Second Spanish Republic, established in 1931 and fought for during the Spanish civil war. Republican flags were seen flying and strapped to the backs of demonstrators in Puerta del Sol, Madrid on Thursday night to celebrate its establishment 80 years earlier on April 14th, 1931.

According to a recent poll, 39% of Spaniards want Spain to be a republic, while 48% prefer the current monarchy. More supporters are from the People’s Party and more dissenters from the Socialist Party and left wing movements. Many people speculate, however, that it’s not the monarchy most people support, but Juan Carlos. It was Juan Carlos who facilitated a quick transition from dictatorship to democracy and the integration into greater Europe, but people have a more lukewarm opinion on the system of monarchy itself.

The younger generation is more in favor of a republic and more indifferent, or even hostile, to the symbolism of the monarchy. Indeed, a poll taken just 6 years ago, showed a 65% preference for the monarchy and 22% for the republic, a huge difference from today’s numbers. As time passes, the respect for the monarchy is likely to continue to decline. The death of Juan Carlos may be the moment at which a referendum is called to vote for the official establishment of a republic in Spain.


Spain will ask for a bail out

My prediction is that it will happen in early 2012, because the People’s Party is likely to be elected in April of that year. The ruling Socialist Party knows that they’re going to lose the election and in order to screw over the more economically liberal PP, and tie their monetary policy to the EU, they’ll ask for a bail out from the EU. Plus they’ll have nothing to lose then, and their constant optimism and bread and circuses won’t serve an purpose anymore.

Why do I think this will happen? Well, this is exactly what happened in Portugal, as reported in the Asia Times,

The news that Portugal has requested a bailout from the European Union is hardly surprising. The outgoing socialist government, having wrecked the economy and emptied the government coffers, wants to tie down its center-right successor, due to be elected June 5.

Similarly, when later this year Spain finds itself in similar or worse trouble and approaching an election in April 2012, you can be pretty sure that the corrupt Spanish socialist government will make the same choice.

Spain will ask for a bail out, but that doesn’t mean that they’ll get it, of course. We don’t even know if Europe can afford to give them it. Maybe they’ll take it from the EU-IMF fund instead or it will just be rejected. At that point Germany might be starting to get angry with the so-called PIIGS.

Spain has now been the sick man of Europe for some time. Or rather, it’s the gangrenous arm of a sick half-corpse, because the northern countries aren’t far behind them, especially Britain.

Free Republic has a good article which points out the four main causes of Spain’s downfall, stemming primarily from Socialist Policies, Incompetent Politicians, Reckless Government Spending and Voter Apathy.

Whew . . .  I was almost worried for a second about the USA.


Monday on the European Scene

What’s going on in Europe? Here’s a very brief overview of the dramas of Monday, April 11th.

Spain: Financial Times says it will be next to fall

Spain: “We will make it, we aren’t Portugal”

Belarus: Blast in Metro kills 11

France: Ban on Burqa comes into effect

United Kingdom: Protests against France’s burqa ban

Italy: Berlusconi: “I gave her money to avoid prostitution”

Germany: Berlin unwilling to accept refugees

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Posted by on April 12, 2011 in Current Events, EU, Europe, Politics