A young Protestor being set upon by Riot Police Hundreds of thousands of people took to the streets in Spain yesterday against austerity measures being secretly negotiatied by the government While continuing to deny that a bail-out will be necessary the Spanish Prime Minister, Mariano Rajoy is secretly negotiating with the spokespeople of international finance for a loan which will mean more massive cuts in public services in a country where unemployment is the highest in Europe and youth unemployment is over 50%. On the UK Guardian website, reporter Katherine Ainger compares what is happening in Spain to a 'financial coup d'etat.' She goes on to say: If talk of a financial coup d'etat sounds far-fetched, consider this statement from a recent Goldman Sachs report: "The more the Spanish administration indulges domestic political interests … the more explicit conditionality is likely to be demanded." That's banker-speak for, "We can do this the easy way, or the hard way." . . . The main problem for Rajoy is that what Goldman Sachs calls "indulging domestic political interests" the rest of us call "democracy". Yesterday thousands of people planned to surround the Congress building in Madrid and were brutally attacked by police, with many injuries and arrests. Police used rubber bullets and batons to attack protestors and blocked their way from Neptune Square where they had assembled. According to a report on the BBC, an eyewitness " saw riot police with their batons charging at protesters trying to split up the crowd." Many of the protestors were young people according to reports. These latest struggles follow on from months of struggle in the public sector and in particular in education against cuts which have devastated schools and other services. The government will announce its new packages of cuts and tax rises tomorrow. Meanwhile there are calls for more protests tonight as well as calls for a general strike.