But is it as big and important as a Glenn Beck rally:
After a week that brought Ireland a pledge of a $114 billion international rescue package and the toughest austerity program of any country in Europe, tens of thousands of demonstrators took to Dublin’s streets on Saturday to protest wide cuts in the country’s welfare programs and in public-sector jobs.
The protests centered on a milelong march along the banks of the River Liffey in central Dublin to the General Post Office building on O’Connell Street, the site of the battle between Irish republican rebels and British troops in the Easter Uprising in 1916 — an iconic event that many in Ireland regard as the tipping point in Ireland’s long struggle for independence.
The choice of venue for the protests by the Irish Congress of Trade Unions, coordinating the march through the city, reflected the mood of anger, dismay and recrimination in the wake of the economic shocks of the past 10 days. Those shocks have been the culmination of two years in which the economy has shrunk by about 15 percent, faster than any other European economy.
Before that, Ireland enjoyed more than a decade of unprecedented prosperity, so the rescue package being worked out by the International Monetary Fund and the European Union and the austerity program the Dublin government has been forced to adopt to secure the bailout loans have come as a deep jolt.
So which country will the banksters loot next? Portugal? Spain?
I’m increasingly of the opinion that the entire system needs to collapse catastrophically before anything changes. It would not surprise me to see global rioting akin to the Egypt bread riots and widespread chaos across the globe. Of course, instead of anything fundamentally changing here in the US, the security state will use the unrest to consolidate power, eliminate the PBGC, pass some new anti-terrorism laws, gut social security and medicare, and maybe squeak through a capital gains tax cut to “spur growth.”